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snavamo

@snavamo

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snavamo
@snavamo
it’s been so long since i was last in hong kong back and loving the energy and the vibes
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@snavamo
Web3 Update – May 4, 2025 •CertiK partners with Hong Kong to enhance Web3 security •Apple eases crypto app restrictions, signaling a shift toward Web3 adoption. •Zora’s airdrop faces backlash, raising concerns in the creator economy
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SBI VC Trade’s news marks a significant development of stablecoin regulations in Japan after the country reportedly lifted the ban on foreign stablecoins in 2023.
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“SBI VC Trade has become the first and only company in Japan to obtain a so-called stablecoin license,” he wrote, adding that the firm will continue to work toward full USDC support.
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SBI VC Trade CEO Tomohiko Kondo took to X on March 4 to confirm the news, stating that the platform had received a notification from the Kanto Regional Financial Bureau’s Tokyo office regarding the registration of an electronic payment instrument trading business operator.
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In an interview with Cointelegraph’s Turner Wright during the ETHDenver Conference, Liao pointed to the Securities and Exchange Commission’s (SEC) lack of cohesive policy as the industry’s primary challenge. The CEO said:
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Criminals are abandoning Bitcoin in favor of stablecoins because they offer speed, liquidity and regulatory blind spots that make illicit transactions easier to execute and harder to trace. Unlike Bitcoin, which can experience longer confirmation times, stablecoins provide near-instantaneous transactions and US dollar-pegged stability.
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What all these companies have in common is they see the “proven profitability demonstrated by established [stablecoin] players” and recognize the “opportunity to provide better payment rails for their users, especially for remittances, while avoiding traditional fee structures.”
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“I send $$ to his sister and he does whatever I say and does what I want,” reads another message, reportedly sent by Davis.
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@ollopdam
Davis could not immediately be reached for comment. A spokesperson for Davis told the media outlet CoinDesk that Davis didn’t recall sending the message and had no record of it on his phone. Davis also denied making payments to either Javier or Karina Milei.
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Karina Milei currently serves as general secretary for Argentina’s presidential office and has become a close adviser to her brother, the president. She is often seen with Javier Melei on his recent official overseas trips.
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Davis and Kelsier Ventures were some of the biggest winners from the LIBRA token launch, claiming to have netted around $100 million. Davis, however, said he didn’t own the tokens and wouldn’t be selling them.
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LIBRA notched a $4.5 billion market cap at its peak before it crashed around 95% soon after.
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Milei claims he didn’t “promote” the LIBRA token — as fraud lawsuits filed against him have claimed — arguing instead that he merely “spread the word” about it.
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“I did not promote that. What I did, I spread the word,” Milei said during a Feb. 17 interview with Todo Noticias, his first public statement since the Libra token controversy, which has members of the opposition calling for his impeachment.
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While Milei claims he has “nothing to hide” and acted in “good faith,” he acknowledged that he has “something to learn” from the ordeal, including the need to “start setting filters” on what conduct is appropriate and what isn’t.
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The libertarian economist said that problems flowing from the token launch should only include the parties involved. “The state plays no role here,” Milei said.
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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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Norwegian authorities have charged four men with allegedly defrauding thousands of investors through a crypto investment scheme and laundering the illicit proceeds through a law firm’s accounts.
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The US Securities and Exchange Commission announced on Feb. 20 the formation of a new group to combat cyber misconduct, including fraud involving blockchain and crypto assets.
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