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mmaph1chasa

@mmaph1chasa

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After the rain, sunshine emerges and everything feels steaming hot.
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Rise & shine! 🌟 Here's to writing today's chapter with purpose and passion. Let's make it unforgettable!
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Although the ESMA acknowledged that deposits and withdrawals of non-MiCA-compliant stablecoins are not prohibited, it stressed that European crypto asset services providers (CASPs) should “prioritize restricting services that facilitate the acquisition” of such assets, citing its guidance issued on Jan. 17, 2025.
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“These services are therefore not explicitly prohibited under Titles III and IV of MiCA,” the representative added.
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“Under MiCA, custody and transfer services do not in themselves constitute an ‘offering to the public’ or ‘seeking admission to trading’ of non-compliant asset-reference tokens or e-money tokens,” a spokesperson for the ESMA told Cointelegraph on March 4.
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The Bybit exploiter managed to launder over 50% of the stolen funds within a week since it hacked the exchange, despite onchain analysts exposing their identity.
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Elliptic’s intelligence API flagged 11,084 crypto wallet addresses suspected of having links to the Bybit exploit. The list is expected to grow amid ongoing investigations.
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Nearly a quarter of the 200 largest cryptocurrencies have sunk to their lowest price levels in over a year, prompting analysts to predict a potential market capitulation and a possible rebound for altcoins.
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Coinbase CEO Brian Armstrong believes forthcoming US stablecoin regulations could require issuers to back their dollar-denominated tokens entirely with US Treasury bills — a move that could make it harder for offshore companies to serve the American market.
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In an interview with The Wall Street Journal at the World Economic Forum in Davos, Switzerland, Armstrong said he expects stablecoin laws to become clearer in the near future. Two requirements could be that all stablecoin operators in the United States fully back their tokens with US Treasury bonds and complete periodic audits.
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In the meantime, Coinbase intends to continue offering USDt services to help customers access other crypto assets.
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“There are a lot of people with Tether, and we want to give them an off-ramp if we want to help them transition to a system that we think is more secure,” Armstrong said.
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https://warpcast.com/mmaph1chasa/0x29ed2324
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As Cointelegraph reported, Coinbase moved to delist USDt and other noncompliant stablecoins in Europe in anticipation of the Markets in Crypto-Assets Regulation (MiCA).
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However, a Coinbase spokesperson told Cointelegraph that relistings are possible if stablecoins “achieve MiCA compliance on a later date.”
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However, what seems straightforward on paper becomes extremely opaque after the petition is submitted. As Livolsi explained, the petition backlog sitting at the Office of the Pardon Attorney is roughly 10,000.
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The potential introduction of staking for Ether exchange-traded funds (ETFs) may also be a catalyst for ETH price, according to Marcin Kazmierczak, co-founder and chief operating officer at Redstone:
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In a filing, the SEC said the task force’s work may affect and “could facilitate the potential resolution” for both parties. Meanwhile, Coinbase agreed to the SEC's request to extend its response deadline from Feb. 14 to March 14.
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SingularityNET has partnered with Mind Network to launch the ASI Hub, which seeks to make artificial intelligence agents more secure and tamper-proof amid growing interest in autonomous AI agents.
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The ASI Hub seeks to establish a trustless, privacy-focused infrastructure for developing decentralized AI. Provable onchain randomness is a key component for decentralized AI, which eliminates external manipulation risks and guarantees transparency for AI systems.
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