crypto-_-information
Following
Followers
Liked
Shared
See original
šØ 2 major updates on Crypto legislation under President Trump's administration
1ļøā£ Mr. Trump has signed the first executive order on crypto
Early this morning, President Trump signed an executive order requiring the establishment of a Digital Asset Market Working Group, led by Crypto & AI Policy Advisor, Mr. David Sacks. This group is tasked with
- Proposing a comprehensive legal framework for digital assets
- Assessing the feasibility of establishing a national digital asset reserve from seized assets. (Not new purchases but from previously seized assets)
- Researching risks, opportunities, and guiding the U.S. to become a global innovation hub.
Additionally, this executive order also:
- Prohibits the issuance of CBDCs, emphasizing the risk of privacy invasion and proposing stablecoins as a superior alternative.
- Aims to make the U.S. a global hub for AI and crypto.
- Establishes a clear legal environment to support the growth of crypto companies
- Revokes the March 2022 executive order by former President Biden, which was deemed to hinder Crypto innovation and development.
2ļøā£ SEC removes barriers for crypto custody banks
The SEC has also just released SAB 122, officially repealing regulation SAB 121, which had posed many challenges for banks wanting to custody crypto.
Issued in 2022, SAB 121 required banks and financial institutions to recognize crypto on their balance sheets and meet very high capital requirements, making the provision of custody services virtually impossible. With the repeal of SAB 121, banks can now more easily participate in the crypto space, opening up significant growth opportunities for the digital finance sector in the U.S.
Mr. Trump has begun to implement his previous commitments.
1ļøā£ Mr. Trump has signed the first executive order on crypto
Early this morning, President Trump signed an executive order requiring the establishment of a Digital Asset Market Working Group, led by Crypto & AI Policy Advisor, Mr. David Sacks. This group is tasked with
- Proposing a comprehensive legal framework for digital assets
- Assessing the feasibility of establishing a national digital asset reserve from seized assets. (Not new purchases but from previously seized assets)
- Researching risks, opportunities, and guiding the U.S. to become a global innovation hub.
Additionally, this executive order also:
- Prohibits the issuance of CBDCs, emphasizing the risk of privacy invasion and proposing stablecoins as a superior alternative.
- Aims to make the U.S. a global hub for AI and crypto.
- Establishes a clear legal environment to support the growth of crypto companies
- Revokes the March 2022 executive order by former President Biden, which was deemed to hinder Crypto innovation and development.
2ļøā£ SEC removes barriers for crypto custody banks
The SEC has also just released SAB 122, officially repealing regulation SAB 121, which had posed many challenges for banks wanting to custody crypto.
Issued in 2022, SAB 121 required banks and financial institutions to recognize crypto on their balance sheets and meet very high capital requirements, making the provision of custody services virtually impossible. With the repeal of SAB 121, banks can now more easily participate in the crypto space, opening up significant growth opportunities for the digital finance sector in the U.S.
Mr. Trump has begun to implement his previous commitments.
See original
šššMicroStrategy is aiming to raise 2 billion USD through a perpetual preferred stock issuance to buy more Bitcoin.
This issuance is separate from MicroStrategy's current plan to raise 21 billion USD from equity and 21 billion USD from bonds to buy Bitcoin.
_____________________
#BTC
This issuance is separate from MicroStrategy's current plan to raise 21 billion USD from equity and 21 billion USD from bonds to buy Bitcoin.
_____________________
#BTC
See original
Are you stupid .. future and sport are on the schedule, including BTC
at the same time doing business like this is understandable.
turning on 2 machines to see then discoveredš„µš„µš„µ
giving all the money to the house.
turning on 2 machines to see then discoveredš„µš„µš„µ
giving all the money to the house.
See original
US government moves Bitcoin, Bitcoin price has dropped 4700 and some of the hottest events in the past 24 hours
1) Cryptocurrency betting platform Polymarket has surpassed the $1 billion mark in trading volume
Speculation about the US presidential election has fueled record trading volumes, with more than $429 million bet on the November 4 election result.
2) The SEC withdrew its declaration that these 10 tokens were securities in the Binance lawsuit
Seemingly influenced by the election, the SEC withdrew its request for a ruling after trying to win the support of US presidential candidates for cryptocurrencies.
List includes...
3) Derivatives exchange StarkNet announced that it will close, immediately and 1 altcoin was affected and dropped nearly 40%
4) Binance Labs continues to pour capital into a Liquid Staking solution project on Monad
1) Cryptocurrency betting platform Polymarket has surpassed the $1 billion mark in trading volume
Speculation about the US presidential election has fueled record trading volumes, with more than $429 million bet on the November 4 election result.
2) The SEC withdrew its declaration that these 10 tokens were securities in the Binance lawsuit
Seemingly influenced by the election, the SEC withdrew its request for a ruling after trying to win the support of US presidential candidates for cryptocurrencies.
List includes...
3) Derivatives exchange StarkNet announced that it will close, immediately and 1 altcoin was affected and dropped nearly 40%
4) Binance Labs continues to pour capital into a Liquid Staking solution project on Monad
See original
The battle between the SEC and Binance will shape crypto policy for years to come
The SEC and Binance will face huge losses when the case goes to trial.
Legal experts weigh in on whether the settlement benefits both parties.
Gensler's crypto crackdown is entering a critical phase.
Gary Gensler has high hopes for the Binance deal.
Although three US government agencies Binance last November, Gensler and the US Securities and Exchange Commission chose to withdraw from the agreement.
Legal experts weigh in on whether the settlement benefits both parties.
Gensler's crypto crackdown is entering a critical phase.
Gary Gensler has high hopes for the Binance deal.
Although three US government agencies Binance last November, Gensler and the US Securities and Exchange Commission chose to withdraw from the agreement.
See original
The ETF maintained its strength with an inflow of $80 million yesterday; The benefits of the ETH ETF are yet to be realized;
Risks to consider now:
1. Mentougou is expected to distribute approximately 140,000 BTC and BCH within 5-12 days, during which time there will be large volumes.
2. A strong correction in US technology stocks could impact the market.
3. Good news Ethereum ETF No. 23 becomes pressure to sell, sell bad, buy in /> First buy point: 63000 USDT Second buy point: 62000 Third buy point: 61500 USDT
First point of sale: 65000 USDT Second point of sale: 66000 USDT Third point of sale: 66500 USDT
#BTC
Risks to consider now:
1. Mentougou is expected to distribute approximately 140,000 BTC and BCH within 5-12 days, during which time there will be large volumes.
2. A strong correction in US technology stocks could impact the market.
3. Good news Ethereum ETF No. 23 becomes pressure to sell, sell bad, buy in /> First buy point: 63000 USDT Second buy point: 62000 Third buy point: 61500 USDT
First point of sale: 65000 USDT Second point of sale: 66000 USDT Third point of sale: 66500 USDT
#BTC
See original
Solana vs Ethereum, which is better for memes?
As soon as news of Trump's shooting appeared, dozens of memes arose. FIGHT and EAR quickly became a new spin with 100x payouts. However, not everyone was able to take advantage of the first wave of memes in time. If you are not willing to wait for the next explosion, you must quickly participate. ship. Ethereum and Solana are recognized as the Most Profitable Meme Chains, but which one will you choose?
See original
Nubank brings Bitcoin Lightning to 100 million Latin American customers
Lightspark will also integrate the Universal Money Address standard common to Nubank, providing an email-like address for users to send and receive money.
Brazilian neobank Nubank has partnered with payments platform Lightspark to offer Bitcoin Lightning Network to 100 million customers in Latin America. Lightspark said on June 25 that it is working with Nubank to begin āintegrating, mapping and building potential productsā for Lightning and will have āmore to share in the future.ā
Brazilian neobank Nubank has partnered with payments platform Lightspark to offer Bitcoin Lightning Network to 100 million customers in Latin America. Lightspark said on June 25 that it is working with Nubank to begin āintegrating, mapping and building potential productsā for Lightning and will have āmore to share in the future.ā
See original
An analysis article, can runes still be saved?
Ordinals is dead, this is one of the widely circulated memes about Ordinals. Since the appearance of runes, this meme has evolved into Dead Runes and the famous "Casey's seppuku".
Since launch, rune performance has always been unsatisfactory. For now, Rune's total market capitalization will remain above $1 billion. This is the famous "Casey's septuagenarian line" and we are back to where we were. In the past five days, the total trading volume of the rune market has only been around 2 million USD, or even lower. Due to limitations in ticker naming, only around 87,500 rune tokens have been "engraved (deployed)" since April's launch.
Since launch, rune performance has always been unsatisfactory. For now, Rune's total market capitalization will remain above $1 billion. This is the famous "Casey's septuagenarian line" and we are back to where we were. In the past five days, the total trading volume of the rune market has only been around 2 million USD, or even lower. Due to limitations in ticker naming, only around 87,500 rune tokens have been "engraved (deployed)" since April's launch.
See original
šššš
ā¢ The German government continues to sell its BTC holdings, reducing from 50k BTC to 13.1k BTC, currently worth $755 million.
ā¢ $ENS - ENS is scheduled to announce identity-related news on July 12.
ā¢ $GLM - Golem Network announced the Ecosystem Fund. 40,000 ETH is staked from the Golem treasury and contributors receive 75% of the reward.
ā¢ $MAGIC - Treasure DAO announced a proposal to acquire Ryu Technologies for $400,000 in MAGIC tokens.
ā¢ $ONDO - BlackRock's BUIDL has reached a market capitalization of $500 million. Ondo Finance owns 44% of BUIDL supply.
ā¢ $RON - Online RPG @RuniverseGame is moving to Ronin ahead of its Epic Games launch later this year.
ā¢
ā¢ The German government continues to sell its BTC holdings, reducing from 50k BTC to 13.1k BTC, currently worth $755 million.
ā¢ $ENS - ENS is scheduled to announce identity-related news on July 12.
ā¢ $GLM - Golem Network announced the Ecosystem Fund. 40,000 ETH is staked from the Golem treasury and contributors receive 75% of the reward.
ā¢ $MAGIC - Treasure DAO announced a proposal to acquire Ryu Technologies for $400,000 in MAGIC tokens.
ā¢ $ONDO - BlackRock's BUIDL has reached a market capitalization of $500 million. Ondo Finance owns 44% of BUIDL supply.
ā¢ $RON - Online RPG @RuniverseGame is moving to Ronin ahead of its Epic Games launch later this year.
ā¢
See original
Binance announced the "change of chart name" from RNDR token to RENDER
Binance announced that it will begin exchanging Render (RNDR) tokens for Render (RENDER) starting from July 22. This decision will affect aspects such as depositing, withdrawing, and trading the RNDR currency pair on the exchange.
Accordingly, the RNDR token will change its name to RENDER on Binance, with a conversion rate of 1 RNDR = 1 RENDER.
Binance will also remove all RNDR trading pairs, including RNDR/BTC, RNDR/USDT, RNDR/FDUSD, RNDR/USDC, RNDR/TRY, RNDR/EUR, RNDR/BRL, and cancel all orders pending sale. This will take place on July 22, 2024 at 10:00 am (VN time), paving the way for opening trading pairs RENDER/BTC, RENDER/USDT, RENDER/FDUSD, RENDER/USDC, RENDER/TRY, RENDER/EUR, and RENDER/BRL from 3:00 p.m. on July 26, 2024 (Vietnam Time).
Accordingly, the RNDR token will change its name to RENDER on Binance, with a conversion rate of 1 RNDR = 1 RENDER.
Binance will also remove all RNDR trading pairs, including RNDR/BTC, RNDR/USDT, RNDR/FDUSD, RNDR/USDC, RNDR/TRY, RNDR/EUR, RNDR/BRL, and cancel all orders pending sale. This will take place on July 22, 2024 at 10:00 am (VN time), paving the way for opening trading pairs RENDER/BTC, RENDER/USDT, RENDER/FDUSD, RENDER/USDC, RENDER/TRY, RENDER/EUR, and RENDER/BRL from 3:00 p.m. on July 26, 2024 (Vietnam Time).
See original
BITMEX Pleads Guilty to VIOLATING THE BANK SECURITY ACT IN MONEY LAUNDERING CASE
PANews, July 11, The Block reports that according to a statement from the United States Attorney for the Southern District of New York, crypto and derivatives exchange platform BitMEX pleaded guilty on Wednesday to violating the Act Bank Secrecy, a crime punishable by up to five penalties. year. Years in prison and fines. Damian Williams, United States Attorney for the Southern District of New York, said in a statement: āAs BitMEX's founders and employees admitted in federal court in 2022, the company operated in United States without undertaking any meaningful anti-money laundering activities as required by federal law (AML). BitMEX has become a vehicle for large-scale money laundering and sanctions evasion schemes, posing a serious threat to the integrity of the financial system.ā
According to previous news, at the end of 2022, US prosecutors asked the court to sentence Greg Dwyer, former director of business development of BitMEX, to a 12-month suspended prison sentence for violating the Privacy Act. Bank. Earlier that year, BitMEX founder Arthur Hayes was also sentenced to six months of house arrest for similar crimes.
PANews, July 11, The Block reports that according to a statement from the United States Attorney for the Southern District of New York, crypto and derivatives exchange platform BitMEX pleaded guilty on Wednesday to violating the Act Bank Secrecy, a crime punishable by up to five penalties. year. Years in prison and fines. Damian Williams, United States Attorney for the Southern District of New York, said in a statement: āAs BitMEX's founders and employees admitted in federal court in 2022, the company operated in United States without undertaking any meaningful anti-money laundering activities as required by federal law (AML). BitMEX has become a vehicle for large-scale money laundering and sanctions evasion schemes, posing a serious threat to the integrity of the financial system.ā
According to previous news, at the end of 2022, US prosecutors asked the court to sentence Greg Dwyer, former director of business development of BitMEX, to a 12-month suspended prison sentence for violating the Privacy Act. Bank. Earlier that year, BitMEX founder Arthur Hayes was also sentenced to six months of house arrest for similar crimes.