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viabsa3ps

@viabsa3ps

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Just breathed in the freshest air ever. Absolutely amazing here in the UK.
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Dan must’ve had a wild night too. Coffee time ☕️
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One case, however, has been conspicuously absent from the bevy of dismissals — an awkward anomaly. That case, of course, is Ripple.
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“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.”
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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:
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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.
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As previously mentioned, Turkey introduced new crypto regulations in the final week of 2024, targeting stricter Anti-Money Laundering measures and client identification policies.
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Other crypto-friendly banks in Turkey include Garanti Bbva and Akbank.
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Stablecoins issued by traditional financial institutions may face challenges in gaining significant market adoption, according to Matt Hougan, chief investment officer at Bitwise.
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“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:
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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.
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In commuting Ulbricht’s life sentence, which he had been serving since 2015, Trump fulfilled a campaign promise to free him immediately upon entering office.
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On Jan. 23, Trump established an “internal working group to make America the world capital in crypto” through an executive order. The group is tasked with studying the feasibility of a national crypto reserve and making a crypto regulatory framework. It also bans the creation of a central bank digital currency.
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The working group will consist of the US Treasury secretary, attorney general, SEC chair, Commodity Futures Trading Commission (CFTC) chair, members of Trump’s cabinet and other agency heads.
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The group will report to David Sacks, the administration’s official AI and crypto czar.
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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.
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When Trump first tapped Bessent in November 2024, Fox Business journalist Eleanor Terrett described him as “very pro-crypto, particularly pro-Bitcoin.”
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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.”
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On Feb. 2, Trump signed yet another executive order, this time levying tariffs on goods made by Mexico, Canada and China.
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The markets reacted violently, with some tech stocks setting new records in single-day losses on Wall Street.
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