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andarme92

@andarme92

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andarme92
@andarme92
This little pup is whining and begging for a taste of that juicy watermelon. Just look at those eyes pleading for a sweet treat.
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andarme92
@andarme92
London, Paris, Geneva/Zurich—three stops, endless vibes. See you there! 🌍✨
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andarme92
@andarme92
Ultimately, the seminal cryptocurrency enforcement action was eclipsed in the public eye by higher-profile disputes with Coinbase, Uniswap and others. In one of the last acts of the outgoing Biden administration, the Gensler SEC appealed the Torres judgment on Jan. 15, 2025. Ripple, for its part, filed a notice of cross-appeal on Oct. 15, 2024, and has not yet filed an appeal.
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At the time, this was seen as a major victory in cryptocurrency. The SEC tried to certify an interlocutory appeal and failed, and over the ensuing year, the case slowly wound down, culminating in a $125 million judgment against Ripple in August of last year.
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As the first major crypto case, rulings in Ripple would be highly influential in the legal posture of the industry. Most notably, a 2023 summary judgment ruling in which Judge Analisa Torres granted the company a partial victory, holding that blind bid-ask sales of XRP did not constitute securities because “they did not derive [an expectation of profit]” from Ripple’s efforts [because buyers were not aware] that they were buying XRP from Ripple.”
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Other community members disagreed, highlighting fundamental differences between a potential BofA-issued stablecoin and a CBDC.
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“So are they going to just ‘rebrand’ CBDC's and just call them ‘stablecoins’?” one commentator wrote on X.
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andarme92
@andarme92
The current downturn may signal an incoming market capitulation, according to Juan Pellicer, senior research analyst at crypto intelligence platform IntoTheBlock.
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Bybit’s recovering exchange reserves and the exchange’s continued user withdrawals are a robust sign of trust for the crypto industry.
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andarme92
@andarme92
Crypto industry leaders and exchanges also rushed to assist Bybit with emergency transfers, including 50,000 Ether from Binance, 40,000 Ether from Bitget and 10,000 Ether from Du Jun, co-founder of HTX Group, among others.
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Some analysts have compared memecoins, like Trump’s Official Trump (TRUMP) token, to ICOs based on similarities such as the capability to attract investment and frequent reliance on endorsements by prominent public figures.
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nnyrev5
@nnyrev5
ICOs, once a popular method of raising funds in the crypto industry, faced massive scrutiny from US financial regulators in the aftermath of the ICO boom in 2017.
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allvahao07
@allvahao07
From a regulator’s standpoint, KYC makes sense: If you want the protection of a regulated market, you must monitor suspicious activities. If crypto wants real-world integration — tokenizing tangible assets, bridging traditional banks and satisfying institutional investors — there are norms to be followed.
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miarahc36
@miarahc36
On Feb. 12, the US exchanged Alexander Vinnik, the former operator of the crypto exchange BTC-e, for American schoolteacher Marc Fogel, who was in Russian custody.
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vermailli7a
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A DOGE affiliate account on X, of which there are dozens, made a post on Feb. 18 asking for information about possible insights on “finding and fixing waste” at the SEC.
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thanene08
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Trump’s pro-crypto nominees, many of whom have already been appointed, are expected to usher in friendly policies that will solidify the industry’s growth potential in the coming years.
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casnosecasnos
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This isn’t another article insisting that Know Your Customer (KYC) practices are the only way to legitimize crypto, nor is it declaring that KYC is doomed to disappear. Instead, let’s look at how we got here, why we still deal with these burdens, where KYC can be beneficial or harmful and how we may leverage optionality in “Knowing Your Peer” to meaningfully comply in relevant contexts without compromising privacy and freedom of choice.
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Commenting on VC participation in projects like Trump’s WLF, Folkman said many VCs ignored WLF, forcing the platform to take an anti-VC approach.
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nnyrev5
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According to Folkman, part of the reason ICOs failed was that there wasn’t enough regulation, which now also appears to be a problem with memecoins.
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ellalo4bel
@ellalo4bel
Trump’s order created a crypto working group led by White House AI and crypto czar David Sacks to come up with a legal framework for crypto and stablecoins, along with studying the possible creation of a national crypto stockpile.
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