viabsa3ps

@viabsa3ps

132 Following

324 Followers

viabsa3ps pfp

Just breathed in the freshest air ever. Absolutely amazing here in the UK.

8 replies

10 recasts

31 reactions

viabsa3ps pfp

One case, however, has been conspicuously absent from the bevy of dismissals — an awkward anomaly. That case, of course, is Ripple.

0 reply

0 recast

6 reactions

viabsa3ps pfp

“The decision by the previous Commission to shift this function to the Division of Enforcement by engaging in a large-scale regulation-by-enforcement initiative harmed the American public, adversely affected the industry, and impeded the ability of the Commission’s skilled and dedicated professional staff to use their expertise as it was intended to be used.”

0 reply

0 recast

3 reactions

viabsa3ps pfp

This signals to the cryptocurrency industry that US President Donald Trump’s administration will not govern like the last. Indeed, Commissioner Hester Peirce, who is currently serving as head of the SEC’s Crypto Task Force, released a public statement explaining that the SEC would not be regulating by enforcement anymore:

0 reply

0 recast

2 reactions

viabsa3ps pfp

In recent weeks, the Securities and Exchange Commission (SEC) has been on a dismissal spree. First Coinbase, then Consensys, Gemini and OpenSea. Yesterday, it was Kraken. One by one, virtually every high-profile enforcement action of the era of former SEC chair Gary Gensler has fallen.

0 reply

0 recast

0 reaction

viabsa3ps pfp

As previously mentioned, Turkey introduced new crypto regulations in the final week of 2024, targeting stricter Anti-Money Laundering measures and client identification policies.

0 reply

0 recast

0 reaction

viabsa3ps pfp

Other crypto-friendly banks in Turkey include Garanti Bbva and Akbank.

0 reply

0 recast

0 reaction

viabsa3ps pfp

Stablecoins issued by traditional financial institutions may face challenges in gaining significant market adoption, according to Matt Hougan, chief investment officer at Bitwise.

0 reply

0 recast

0 reaction

viabsa3ps pfp

“The $85,000 level is crucial — if BTC breaks below this support, it could trigger further declines,” Hong Yea, the co-founder and CEO of hybrid crypto exchange GRVT, told Cointelegraph, adding:

0 reply

0 recast

0 reaction

viabsa3ps pfp

Bybit held more than 201,600 Ether at the time of writing, accounting for 45% of the 439,000 Ether it held before the hack on Feb. 20. Following the breach, Bybit’s ETH reserves had plummeted to just 61,000 ETH on Feb. 21.

0 reply

0 recast

0 reaction

viabsa3ps pfp

The markets reacted violently, with some tech stocks setting new records in single-day losses on Wall Street.

0 reply

0 recast

1 reaction

viabsa3ps pfp

On Feb. 2, Trump signed yet another executive order, this time levying tariffs on goods made by Mexico, Canada and China.

0 reply

0 recast

1 reaction

viabsa3ps pfp

He reportedly said, “I have been excited about the president’s embrace of crypto and I think it fits very well with the Republican Party, crypto is about freedom, and the crypto economy is here to stay.”

0 reply

0 recast

0 reaction

viabsa3ps pfp

When Trump first tapped Bessent in November 2024, Fox Business journalist Eleanor Terrett described him as “very pro-crypto, particularly pro-Bitcoin.”

0 reply

0 recast

0 reaction

viabsa3ps pfp

On Jan. 27, the US Senate voted 68–29 to support the nomination of billionaire hedge fund manager Scott Bessent as secretary of the Treasury.

0 reply

0 recast

0 reaction

viabsa3ps pfp

The group will report to David Sacks, the administration’s official AI and crypto czar.

0 reply

0 recast

0 reaction

viabsa3ps pfp

Coinbase announced in November 2024 that it would suspend wBTC trading starting on Dec. 19. BiT Global responded with a lawsuit filed on Dec. 13, claiming Coinbase had harmed the wBTC market by choosing to delist the token. A judge declined to issue a restraining order barring the exchange from delisting wBTC.

0 reply

0 recast

0 reaction

viabsa3ps pfp

“The Court should dismiss BiT’s complaint in full,” said Coinbase. “And it should do so with prejudice, as the most fundamental of these pleading failures — including Coinbase’s lack of market power given BiT’s conceded dominance, the lack of any exclusionary conduct, the absence of any false statement, and BiT’s repeated inability to demonstrate injury — cannot possibly be cured.”

0 reply

0 recast

0 reaction

viabsa3ps pfp

In a Jan. 21 filing in the US District Court for the Northern District of California, Coinbase asked the court to dismiss the BiT Global complaint, citing the firm’s affiliation with Tron founder Justin Sun. The exchange’s legal team said its decision to delist wrapped Bitcoin was “due to the unacceptable risk that control of wBTC would fall into the hands of Mr. Sun.”

0 reply

0 recast

0 reaction

viabsa3ps pfp

Trump admitted he didn’t know much about the TRUMP token launch when asked in a Jan. 21 press conference.

0 reply

0 recast

0 reaction