jolineame

@jolineame

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ITAP Soaring above the treetops. Capturing the forest's vast beauty from a new perspective.

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The lawsuit follows the FIU’s partial suspension of Upbit’s operations, which restricts the exchange from processing external crypto transactions for new customers. Services for existing customers remain unaffected.

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Meanwhile, wealth managers and institutional investors are more likely to hold altcoins if they are included in an index fund that passively tracks the broader crypto market, Tischhauser said.

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Montana’s House voted against a bill that could have made Bitcoin a state reserve asset on Feb. 22, with many lawmakers concerned it would have allowed the state’s investment board to speculate too heavily with taxpayer money.

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https://warpcast.com/jodienny01983/0x03e1d9da

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https://warpcast.com/hedycas75/0x29ac88a0

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Twelve states in North America have reported holding Strategy, formerly MicroStrategy, stock in their state pension funds or treasury as of the end of 2024, totaling $330 million.

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Launched on Jan. 19, the official MELANIA token hit a peak value of over $13 billion within four hours but has since slumped 99% to $189 million at the time of publication.

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“Vivek Ramaswamy played a critical role in helping us create DOGE. He intends to run for elected office soon, which requires him to remain outside of DOGE based on the structure that we announced today,” DOGE spokesperson Anna Kelly told the Associated Press.

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Ramaswamy said that he’d “have more to say very soon” while reaffirming his support for President Donald Trump.

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According to the report, China currently holds 190,000 Bitcoin through various confiscation efforts, making its Bitcoin reserve second only to that of the United States.

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“If major economic powers take the initiative to include Bitcoin in strategic reserves, the value of Bitcoin will be more stable, causing more and more other countries to follow suit and reduce their holdings of traditional assets,” Jiexhuang said. “This will result in the fall of the price of traditional assets and will shrink the government’s fiscal reserves holding traditional assets,” he added.

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The report stated that Hong Kong’s Financial Services and the Treasury Bureau will formulate crypto regulations based on the “same business, same risks, same rules” philosophy.

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Jiexhuang highlighted the potential of Bitcoin to attract talent and investment, while also reinforcing financial stability amid market fluctuations. He emphasized that holding Bitcoin as part of national reserves could mitigate disruptions caused by broader adoption in traditional markets, offering Hong Kong a first-mover advantage.

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According to Jiexhuang, Hong Kong’s authorities should make good use of the “one country, two systems” and first try including Bitcoin in ETFs before further exploring ways to increase Hong Kong’s Bitcoin holdings.

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Jiexhuang pointed to smaller nations, such as El Salvador and Bhutan, which have integrated Bitcoin into their strategic reserves, as well as certain US states. He added that US President-elect Donald Trump’s proposal to make Bitcoin a strategic reserve asset could have a significant impact on traditional markets.

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A Hong Kong legislator wants the special administrative region to take advantage of China’s “one country, two systems” policy to include Bitcoin in its national reserve for financial security.

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On Dec. 23, the SC added Web3 wallet service Atomic Wallet to a list of financial companies prohibited from operating in Malaysia. Like Bybit, the company was flagged for operating a DAX without registration.

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The Malaysian government made several moves to combat crypto-related crime throughout 2024. On June 17, Malaysia’s Inland Revenue Board conducted an operation called “Ops Token,” raiding companies that did not report their crypto trading activities to the federal agency. The police acquired evidence of tax evasion through crypto trading data stored in mobile devices and computers.

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The SC said users who invest in unlicensed entities are not protected by its laws, exposing them to money laundering and fraud risks.

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