đš OMG... President Biden vetoes bill to repeal SAB 121 so banks can store crypto because we support what the SEC is doing đ€Šââïž
"... My administration looks forward to working with Congress to ensure a comprehensive and balanced regulatory framework for digital assets that builds on existing powers to promote the responsible development of digital assets and payments innovation and strengthen U.S. leadership in the global financial system.
Therefore, I veto this resolution."
Next? đ€
The bill will be returned to Congress, where Congress can override the veto by passing it with a two-thirds majority in both the House and Senate.
(Bloomberg) -- Elon Musk and Donald Trump are discussing crypto policy as Trump increasingly emphasizes his views on Bitcoin and other digital assets on the campaign trail as a way to reach new voters.
(Eleanor Terrett - Fox Business News) -- SEC Commissioner Hester Peirce (pro-crypto commissioner) has announced a proposal for a joint âdigital securities testing groundâ between the US đșđž and the UK đŹđ§, This is a uniquely safe place for companies in both jurisdictions to safely experiment with the use of blockchain technology to trade securities without fear of being penalized by regulators. This will allow:
- Conduct a limited amount of transactions in the United States using blockchain technology to trade securities without fear of being targeted by regulators.
- Time in the testing area will be limited to a maximum of 2 years with the possibility of extension.
- Companies can choose some of their own regulatory rules but will have to follow some government guidelines to protect investors.
- If the time in the test zone is successful, companies can continue their activities with special permission from regulatory authorities.#btc
Telegram Wallet will be powered by WOT Global Solution Ltd, a subsidiary of The Open Platform, starting today.
Users will be required to provide more stringent KYC information, including name, date of birth, and phone number, so some users may be required to provide additional data. All data, including name, address, phone number, transaction data, and any other data you have provided, will be transferred to the new company, WOT Global Solution Ltd #TONCOIN/USDT #NOT
Unchained and the University of Austin (in Texas đșđž) are launching the first long-term endowment fund backed by Bitcoin.
The partnership aims to raise $5 million in endowments, which will be invested in Bitcoin for at least five years, after which they can be used to support the universityâs needs.
Joseph Kelly, CEO and co-founder of Unchained, kicked off the fund with a personal donation of 2 bitcoin ($138,000).
If I owned 10,000 BTC like Laszlo Hanyecz did in 2010 - I would buy a tiger safe and bait to drink and celebrate because I can trade btc to buy things on the market like legal currency - with #BinancePizzaVN #binance