加密货币监管

$SOL $SUI $TRUMP

🔥 Solana (SOL) Market Outlook for the Second Half of the Year

In 2025, Solana (SOL) is showing strong growth momentum, attracting significant attention from investors. According to CoinMarketCap's analysis, the price of Solana may break historical highs in 2025, reaching $330 per coin.  

In addition, VanEck's report also points out that Solana's speed and efficiency surpass those of Ethereum, and it is expected to achieve significant growth in the future. 

⸻

🐕 Hero Dog Conan Coin Recommendation

Among many meme coins, Hero Dog Conan Coin is gradually standing out with its unique brand image and community support. The features of this coin include its strong community power and active market promotion, attracting significant attention from investors. 

⸻

📈 Investment Advice

For investors seeking high-risk, high-reward opportunities, both Solana and Hero Dog Conan Coin are worth considering. However, please note that all investments carry risks, and it is recommended to conduct thorough research and risk assessment before investing.

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#MichaelSaylor暗示增持BTC #特朗普暂停新关税 #加密货币监管 #Solana⁩

📢 The Cryptocurrency Battle Heats Up: Democratic Senator Warren Continues Her Push

Anti-cryptocurrency Democratic Senator Elizabeth Warren has taken a hard stance on digital assets, frequently cracking down on the industry recently. On January 12, as a senior member of the Senate Banking, Housing and Urban Affairs Committee, she wrote a letter to newly nominated Treasury Secretary Scott Bessent, continuing her attacks on cryptocurrency and suggesting strict regulatory measures.

Alexander Grieve, Vice President of Government Affairs at Paradigm, shared this letter, pointing out that the content of Warren's letter directly accused Bessent of having "no government work experience."

Regarding anti-money laundering, Warren's stance is resolute. As a senator on the cryptocurrency crackdown request list, she reiterated that cryptocurrency has become a "tool" for criminals and sternly pointed out that illicit actors frequently use cryptocurrency for money laundering, evading sanctions, and even funding significant national security threats, posing great dangers.

She also threw multiple sharp questions at Bessent, given that Bessent disclosed holding up to $500,000 in spot Bitcoin ETF shares, questioning whether the Treasury should have secondary sanctions tools to cut off the relationship between financial technology and cryptocurrency operators and the United States?

Warren also specifically focused on the Office of Foreign Assets Control (OFAC), discussing its jurisdiction over dollar-denominated stablecoins. At the same time, the Biden administration's Treasury has already taken action since November 2023, proposing five legislative proposals aimed at combating illegal financing of digital assets. These proposals include amending the Bank Secrecy Act to add a new category of "financial institutions" that covers cryptocurrency exchanges, non-custodial wallets, and more.

For a long time, Senator Warren has been a strong advocate for regulating digital assets and decentralized protocols on par with traditional finance and banking, but this view is highly controversial in the industry, with many disagreeing.

However, it is noteworthy that Elizabeth Warren has found herself in a fraud scandal this week due to misleading fundraising, as her call for support for the Los Angeles Fire Department Foundation was actually a link to the Democratic fundraising site ActBlue, criticized for exploiting disasters for political gain.

💬 Do you agree with Warren's stance? Do you think her questioning of Scott Bessent is reasonable? Or what are your views on this cryptocurrency war?

👮‍♂️The Wall Street Journal said Tether is under federal investigation, and its CEO denied the allegations!

Big news is coming! The Wall Street Journal reported that the U.S. federal government is investigating Tether, the issuer of the world's largest stablecoin USDT, for suspected violations of anti-money laundering regulations and sanctions policies.

As soon as the news came out, the price of Bitcoin also fell. This morning, it fell from $68,600 to below $66,000 in a short period of time. The current price remains around $67,000.

However, Tether's CEO Paolo Ardoino came out to clarify that they are not under investigation at all. He said on X that there is no sign that Tether is accepting the so-called investigation reported by the Wall Street Journal. It implies that the Wall Street Journal is just rehashing old news.

It is worth noting that despite the constant turmoil, Tether, as the leader in the stablecoin market, has always maintained its peg to the US dollar and successfully met all redemption requirements.

Although some people have doubted whether its $100 billion reserves really exist, the CEO of Cantor Fitzgerald Asset Management, which has $1.32 billion, said that it manages U.S. Treasury bonds that include Tether tokens.

In addition, Tether has been publicly accused by Coinbase and Circle, who suspect that Tether may assist terrorists in money laundering.

Among them, Circle representatives raised the issue to Congress in February, considering Tether's data on facilitating terrorist financing and other illegal activities, and its reputation and other related issues, and hoped that the relevant departments would take this issue seriously.

🗣️ Conclusion:

In this controversy surrounding Tether, we see a microcosm of the regulatory challenges in the cryptocurrency field. Although its CEO denied the rumors of investigation, the market is still highly sensitive to the compliance of stablecoins. This incident is not only a test for Tether, but also a challenge to the transparency and compliance of the entire industry. In the future, we look forward to a healthier and more transparent cryptocurrency market environment.

💬 What do you think of this controversy about Tether? What impact do you think these allegations will have on the entire cryptocurrency stablecoin market? What do you think about the future regulation of stablecoins?

#加密货币市场 #Tether调查 #加密货币监管 #市场信任

💰Coinbase UK fined $4.5 million by FCA! Is the UK's cryptocurrency regulation becoming clearer?

Let's talk about the UK's cryptocurrency regulation. Coinbase UK has just been fined $4.5 million by the Financial Conduct Authority (FCA), which has caused quite a stir in the industry. 🔍

On July 25, Coinbase was fined a large sum of money for violating the agreement signed with the FCA. The agreement was originally intended to prevent the acceptance of high-risk customers, but Coinbase failed to do so. This has caused investors to worry whether the UK will take stricter regulatory measures on cryptocurrencies? 📊

But don't worry, some legal experts say that this fine may only be a "one-off" enforcement action and does not mean that the UK will take action against the entire cryptocurrency industry. 👩‍⚖️

At the same time, a partner at a commercial crime law firm named Charlotte Tregunna believes that the FCA's action does not represent a tougher stance on the cryptocurrency field. She told reporters that the FCA usually does not easily use its enforcement powers unless it really has to. 💨

Moreover, the focus of the FCA's investigation is actually Coinbase's electronic money transfer service, not its crypto asset trading business. This may indicate from the side that the FCA still hopes to be a cryptocurrency-friendly regulator, but only hopes that the exchange platform can keep up with the pace of regulation and compliance. 🚶‍♂️

🤔 Although Coinbase's fine has attracted widespread attention in the market, British regulators seem to be more inclined to adopt a balanced regulatory strategy that protects the safety of consumers and the market while avoiding stifling innovation. Therefore, it is believed that this incident may be a punishment for Coinbase's individual behavior rather than a warning to the entire industry.

🌐However, this should also sound a wake-up call to all cryptocurrency platforms: compliance cannot be ignored. With the rapid development of the cryptocurrency industry, platforms must strengthen internal governance and compliance culture to adapt to the changing regulatory environment.

💬What do you think of Coinbase's fine? At the same time, how do you think regulators should balance innovation and compliance? Welcome to share your views in the comments section!

#Coinbase #加密货币监管 #罚款 #合规 #FCA

🏢️The SEC under the new administration has established a new department to protect investors from cryptocurrency and artificial intelligence fraud

On Monday, the U.S. Securities and Exchange Commission (SEC) announced the establishment of a Cyber ​​and Emerging Technologies Unit (CETU), whose main task is to combat misconduct in the fields of cryptocurrency and artificial intelligence (AI).

CETU will replace the previous Crypto Assets and Cyber ​​Unit and will be led by Laura D'Allaird. The team is composed of about 30 professional lawyers and fraud experts from various SEC offices who will bring rich experience in fintech and cybersecurity.

SEC Acting Chairman Mark T. Uyeda emphasized the importance of the new department, noting that CETU will complement the work of the Cryptocurrency Task Force led by Commissioner Hester Peirce, aiming to protect investors, promote capital formation and market efficiency, and create an environment conducive to innovation.

CETU's work will also focus on dealing with fraudulent activities that utilize advanced technologies such as artificial intelligence and machine learning, investigating schemes through social media platforms, dark web or deceptive websites, and targeting hacking incidents and unauthorized access and manipulation of retail brokerage accounts.

In addition, the CETU will investigate fraud involving blockchain technology and crypto assets, ensure that regulated entities comply with existing cybersecurity rules, and monitor public issuers for misleading cybersecurity disclosures.

This move follows the SEC's establishment of the Cryptocurrency Working Group on January 21, 2025.

The SEC's dual regulatory strategy, combined with the efforts of the newly established CETU and the Cryptocurrency Working Group, marks a major shift in regulatory oversight under the new President Donald Trump's administration, aiming to clarify regulatory boundaries, establish a viable registration path, and ensure a reasonable disclosure framework.

This series of measures not only reflects the Trump administration's firm commitment to investor protection, but also demonstrates the SEC's determination to strike a balance between promoting market innovation and security.

💬 What do you think of the SEC's new initiatives? Do you think the SEC can ensure that it does not inhibit innovation and development in the fintech industry while promoting regulatory innovation?

#SEC #加密货币监管 #人工智能欺诈

⚖️ UK FCA Proposes to Ban Unregulated Companies from Publicly Issuing Cryptocurrencies

The UK's Financial Conduct Authority (FCA) has released a discussion paper proposing various cryptocurrency regulatory measures, now seeking opinions from investors, cryptocurrency companies, industry groups, and relevant professional institutions.

The core of the proposal is to consider banning unregulated companies from publicly issuing cryptocurrencies, and the Treasury has also stated that, apart from companies that meet specific conditions, other unregulated cryptocurrency businesses will be prohibited from raising funds publicly.

This move aligns with the trend of global regulators strengthening control over unregulated securities issuances, as such issuances are often associated with fraud, investor losses, and market manipulation.

The FCA also proposed that authorized digital asset trading platforms share market abuse data to enhance transparency in the cryptocurrency sector and protect user safety. Additionally, it is seeking feedback from all parties on market access, information disclosure, and measures to combat market abuse, with a deadline of March 14, 2025.

Other European countries are also calling for global cooperation in regulating digital assets, with countries like Denmark, Italy, and the Netherlands considering implementing tax monitoring rules to align with EU tax standards.

This document is an important step for the UK in building a cryptocurrency regulatory framework, with a legislative draft expected next year and a complete regulatory framework to be achieved by 2026.

At the time of the document's release, concerns about the regulatory compliance of digital asset companies are growing, with reports indicating that approximately 90% of digital asset entities in the UK do not meet anti-money laundering standards. Regulators are worried that insufficient regulation could expose the financial system to threats from fraud and money laundering.

In October, the FCA was asked to investigate TikTok for allegedly operating an illegal cryptocurrency trading platform, highlighting the increasing vigilance of regulators in protecting financial markets.

Despite facing regulatory challenges, the adoption of virtual assets in the UK remains strong, with about 7 million adults in the UK holding digital assets.

While strengthening regulation, the FCA also faces challenges from more cryptocurrency-friendly jurisdictions, such as a renewed sense of optimism in the US after Donald Trump, a candidate supportive of cryptocurrencies, won the election.

What are your thoughts on the FCA's proposal to ban the public issuance of virtual assets?

#英国FCA #加密货币监管 #公开发行禁令 #数字资产监管

🔥The United States officially agrees to allow banks to engage in cryptocurrency-related businesses

Such as custody of cryptocurrencies, participating in blockchain networks, issuing stablecoins, etc.

Among them, banks are allowed to "get directly involved" in the operation of blockchain networks, verifying customer transactions, making it easier to achieve global cryptocurrency transactions (super fast, super convenient)

This is also a significant advancement for both traditional and cryptocurrency markets❗️

Feel free to follow the Twitter account "Crypto Hot Dog" @CryptoHotDog

#加密货币政策
#加密货币监管
$BTC $ETH $XRP

$BTC $ETH $SOL

🔥 Policy:
Cancel S.J.Res. 3 (Brokerage firms are required to provide regular reports on total revenue from digital asset sales)

🥸 Plain Language:
No need to submit a bunch of trading data and user information, protecting privacy and being a bit more decentralized, which means the government says "We support your development of the cryptocurrency industry"

Follow me!❗️For all things crypto

#加密货币政策
#加密货币监管

👩‍Senator Lummis Exposes FDIC’s Alleged Destruction of Key Documents Related to 'Operation Chokepoint 2.0'
 
Wyoming Senator Cynthia Lummis recently sent a formal letter to Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg, expressing concerns about the potential destruction of documents related to digital asset activities within the FDIC.
 
Lummis revealed that a whistleblower contacted her office, accusing the FDIC of destroying relevant documents. She believes this action is illegal and has requested the retention of all records related to cryptocurrency activities since January 2022.
 
In her letter, Lummis disclosed that the whistleblower has been under close surveillance by FDIC management and has faced threats of legal action to prevent communication with her office. She condemned such behavior by the FDIC, stating it attempts to conceal materials related to 'Operation Chokepoint 2.0', which is unacceptable and illegal. This operation is alleged to be aimed at preventing the cryptocurrency industry from accessing traditional banking services.
 
Last year, the cryptocurrency industry expressed concerns about how regulators were handling cryptocurrency-related banking operations. During a meeting in August, several industry representatives discussed these issues with White House officials. Although Deputy Secretary of the Treasury Wally Adeyemo denied any attempts to block cryptocurrency from entering the financial system, nearly all attendees reported experiencing limited banking services due to White House policies.

As a result, Lummis instructed the FDIC to retain all documents related to digital asset activities from January 1, 2022, covering communications with specific banks, correspondence regarding cryptocurrency enforcement actions, and records of coordination on digital asset policies with other government agencies.
 
Lummis clearly stated in her letter that she would spare no effort in pursuing criminal responsibility for any deliberate destruction of documents or obstruction of oversight. She firmly emphasized the indispensable nature of transparency and committed to uncovering the facts and disclosing the truth for the American people.

💬 Do you think Lummis's accusations against the FDIC are justified? Will the cryptocurrency industry see a new turning point as a result?
 
#FDIC #加密货币监管 #透明度与监督

Sun Yuchen extends an olive branch to SEC Chairman Gensler, yet another meticulously crafted brand hype?

Tron's founder Sun Yuchen has reached out to SEC Chairman Gary Gensler, offering a job opportunity; what do you think about this?

This matter has to start with Trump, who previously said that once he takes office, the first thing he would do is fire SEC Chairman Gensler. Interestingly, Trump is set to return to the White House in 2025, which has made cryptocurrency super fans very excited about how this drama, more thrilling than a soap opera, will evolve!

At this hot moment, Sun Yuchen has again jumped onto social media X to publicly state that as long as Gensler can sincerely treat the cryptocurrency industry, he is willing to offer him a job.

Some viewpoints believe this is a big lifeline thrown to Gensler! Just think about it, Gensler was known for being extremely strict with cryptocurrencies during his time at the SEC. At the same time, under his leadership, the SEC took over 100 actions against the cryptocurrency industry, with total fines exceeding $7 billion.

But it seems that Gensler's days may not be easy. With Trump's return and a wave of pro-cryptocurrency legislators being elected, Gensler's term may really be coming to an end.

It is worth noting that Gensler's term does not end until 2026, but the pressure he faces is quite significant. Although Trump wants him gone, the independence of the SEC can also protect Gensler; even if a new chairman is appointed, he can still safely remain in his position.

However, some in the political and cryptocurrency circles believe Gensler has failed to effectively fulfill his duties. For example, Senator Warren Davidson has called for the chairman's resignation, citing a "series of abuses of power" as his reason.

Conclusion:

The job opportunity that Sun Yuchen has thrown to Gensler appears to be a kind invitation, but it may hide deeper marketing considerations. Some believe that on the surface, it is a goodwill gesture towards Gensler, but more so, it is another astute marketing hype by Sun Yuchen regarding his brand and influence.

In this game of cryptocurrency versus regulation, Sun Yuchen's action undoubtedly places him at the forefront of public opinion. After all, in the world of cryptocurrency, Sun Yuchen is never short of topics and attention.

#孙宇晨工作邀请 #加密货币监管 #Gensler任期

The U.S. SEC Cryptocurrency Working Group Announces Four New Roundtables in the Next Three Months to Discuss Regulatory Issues

According to the official website of the U.S. Securities and Exchange Commission (SEC), the SEC Cryptocurrency Working Group announced that it will hold four new roundtable meetings from April to June 2025, covering topics such as cryptocurrency trading, custody, asset tokenization, and DeFi.

The time and themes of the four public roundtables are as follows: April 11 'Regulation Tailored for Cryptocurrency Trading', April 25 'Key Issues for Custodians', May 12 'Integration of Asset Tokenization with Traditional Finance', and June 6 'DeFi and the Spirit of America'.

Commissioner Hester Peirce referred to this as 'a spring sprint towards crypto clarity', marking a new direction for the SEC from enforcement-focused to collaboration and clear regulatory frameworks.

#BTC #加密货币监管 $MOVE $LAYER

🏛️SEC Commissioner Hester Peirce Discusses Cryptocurrency Regulatory Reform, Calls for an End to 'Operation Chokepoint 2.0'

SEC Commissioner Hester Peirce, in an interview with a Fox Business reporter, shared her vision for the agency's cryptocurrency regulatory strategy under the Trump administration's path for reform.

Peirce stated that the U.S. must first stop the actions of 'Operation Chokepoint 2.0,' which have been criticized for undermining banks' access to cryptocurrency. Therefore, Peirce proposed three key tasks to eliminate obstacles to the development and transparency of the cryptocurrency industry.

She said the first step is to ensure that cryptocurrency companies receive the services they need, such as custody services!

The second step is to clarify the SEC's jurisdiction, determining which digital assets fall under the SEC's purview and which do not. This way, everyone will not be in the dark and will know which assets do not need to comply with the SEC's framework.

Peirce also emphasized that regulators and cryptocurrency companies need to sit down together to see how current rules can adapt to the industry and where changes are still needed. This process must be done publicly, allowing everyone to participate; only then can regulatory issues make rapid progress.

Still remember 'Operation Chokepoint 2.0'? Last November, Coinbase revealed the FDIC's 'pause letter' and claimed these letters were strong evidence of the cryptocurrency industry's suppression. Consequently, this issue has drawn widespread attention.

Although there is no formal ban, regulatory agencies such as the Federal Reserve, FDIC, and OCC have also warned banks about the risks of collaborating with cryptocurrency companies.

Even U.S. Congressman French Hill has called for an investigation into 'Operation Chokepoint 2.0,' accusing this action of using politicized de-banking tactics to target the cryptocurrency industry.

Charles Hoskinson, founder of Cardano, also expressed concern about the global impact of this issue, stating that it represents a systematic harassment of cryptocurrency enterprises worldwide.

💬 What are your thoughts on the cryptocurrency regulatory reform path proposed by the SEC commissioner? Do you think these suggestions can help the cryptocurrency industry break through the bottleneck of banking services? See you in the comments!

#加密货币改革 #SEC #特朗普 #加密货币监管

🔥【327 BTC becomes anti-corruption evidence? How wild is the "on-chain corruption" of the female department official】#比特币 ​​#加密货币监管

📌Magical Realism Trio
1️⃣ Boxes of encrypted hard drives were found in the office: BTC wallet keys were found during data recovery, and "digital stolen money" was hidden on the chain
2️⃣ Government cloud servers became mining machines: private mining was done with public electricity fees, and 327 BTC (current price ≈ 140 million RMB💸) were still lying in the mining pool when they were arrested
3️⃣ Son-in-law's shell company cashed out 2 billion: The bidding documents concealed encrypted watermarks, and blockchain terms became corruption jargon

💡Apocalypse in the coin circle
▫️ Anti-corruption on the chain 2.0: UTXO tracing is faster than checking accounts to solve cases?
▫️ New definition of criminalizing mining machines: Mining with public computing power = embezzlement of state-owned assets in the digital age
▫️ Regulatory technology competition: Anti-money laundering systems in various countries may accelerate the deployment of on-chain tracking modules

🗣️Soul-searching question:
When BTC becomes a new tool for corruption, do you think ___ is the ultimate solution?
A. The government builds its own sovereign chain tracking
B. Force exchanges to upgrade KYC
C. Popularize privacy coins to fight surveillance

#币安广场 #区块链反腐

🚀 Cardano leads the MiCA compliance race, showing the charm of green blockchain! 🌿

Hey, the following news I want to talk to you about is the latest developments in the market regulated by the MiCA Act! According to reports, Europe has just introduced the MiCA bill. The main provisions of the bill are that when various cryptocurrency projects submit applications for listing, they will focus on the energy and resource consumption of their chain operations.

It is reported that as soon as the MiCA bill came out, Cardano immediately responded positively and submitted a compliance report about its ecosystem.

We all know that Cardano, as a blockchain using the Proof of Stake (POS) mechanism, has significantly lower energy and resource consumption compared with Proof of Work (POW) chains. It is also reported that Cardano is the most energy-efficient chain among all POS chains, which is why it is fully compliant with MiCA legal regulations.

There is reason to believe that the introduction of the MiCA law not only adds transparency to the European market, but also helps us screen out non-compliant and fishy projects. This sets a good example for the entire cryptocurrency market!

At the same time, everyone is now staring at the United States to see when it will introduce regulatory bills like MiCA. If the United States also joins this transparent team, then the globalization of cryptocurrency will really be just around the corner!

Let us pay attention together and witness the future of cryptocurrency becoming more transparent, more compliant, and more global!

#MiCA法案 #节能区块链 #加密货币监管 #全球化时代 #Cardano

🚨The Fed strikes hard against cryptocurrency-friendly banks!

🏦Hello everyone! Today we are focusing on the latest regulatory measures taken by the Federal Reserve against Customers Bank, a cryptocurrency-friendly bank.

🔍Just recently, an inspection by the Federal Reserve Bank of Philadelphia revealed some major deficiencies in the risk management and compliance practices of Customers Bank, especially in terms of anti-money laundering and bank secrecy laws. Now, the Federal Reserve and the FDIC have begun to implement strict supervision and compliance measures on the bank.

🗣️ Nic Carter posted on social media X: "Customers is one of the largest banks supporting cryptocurrencies. The Federal Reserve and the FDIC are systematically destroying all banks that support cryptocurrencies." This sounds really worrying about the future of cryptocurrencies!

🛡️The Fed's attitude is very clear. They believe that bank boards need to strengthen supervision and devote more resources to managing these high-risk activities. The focus of the review includes the bank's digital asset strategy and instant payment platform.

🤔 This statement caused an uproar in the cryptocurrency community, and many people jumped out to accuse the Federal Reserve and the FDIC of gradually stifling the cryptocurrency business.

📝At the same time, according to the agreement signed between the Federal Reserve and Customers Bank, Customers Bancorp and Customers Bank are required to submit a detailed improvement plan within 60 days to address compliance issues, strengthen board supervision, improve risk management, and ensure compliance with relevant regulations.

🛡️Some people believe that the Fed's actions have strengthened financial security and compliance on the one hand, helping to prevent illegal financial activities; but on the other hand, this regulatory attitude may hinder the innovation and popularity of cryptocurrencies.

🔍 So, what do you think of the Federal Reserve's strengthening of supervision of cryptocurrency-friendly banks? Will this become an obstacle to the development of cryptocurrency, or a protection for the industry?

👇【Join the discussion in the comment area】#美联储 #加密货币监管 #金融合规 #银行监管 　#加密货币"

📢Hong Kong strengthens cryptocurrency regulation: OTC trading may be regulated by the SFC🔍

Crypto enthusiasts, pay attention, Hong Kong may soon implement stricter regulation of over-the-counter (OTC) cryptocurrency trading.

According to the South China Morning Post, the Securities and Futures Commission (SFC) of Hong Kong is considering working with the Hong Kong Customs and Excise Department (C&ED) to jointly strengthen the supervision of OTC transactions.

OTC transactions usually refer to private transactions conducted directly between large companies, which often bypass public exchanges. But now, the SFC may intervene, which will help provide a clearer regulatory framework for the cryptocurrency industry.

Why do this? One reason is that there have been some major financial losses and fraud in the cryptocurrency industry recently, especially the collapse of Japanese exchanges, which has raised concerns about the role of OTC transactions by regulators. These transactions are often operated through physical stores, and many are associated with fraudulent activities, so stricter supervision is particularly important.

SFC representatives said that they are working closely with the government and other regulators to establish a robust, clear and consistent regulatory environment to promote the sustainable and responsible development of Hong Kong's virtual asset industry.

Although the need for regulation is generally supported, some industry insiders are still concerned that the specific implementation of regulation may bring confusion, as the responsibilities of the SFC and Customs may overlap.

🗣️ Conclusion:

Hong Kong has recently strengthened its supervision of over-the-counter (OTC) cryptocurrency transactions. Although this policy may cause some volatility in the market in the short term, it will help reduce fraud and illegal transactions in the long run, thereby enhancing investor confidence.

For investors, this is a sign that a safer and more compliant market environment is taking shape; for industry participants, it means that they need to adhere to higher compliance standards and improve their risk management capabilities.

It is believed that with the continuous improvement of the regulatory system, Hong Kong's cryptocurrency market is expected to develop in a more stable and sustainable direction.

💬 What do you think of Hong Kong's possible strengthening of supervision of OTC cryptocurrency transactions? See you in the comments section!

#香港加密货币 #OTC交易 #监管加强 #金融市场 #加密货币监管

🇰🇪Kenya Revenue Authority upgrades system, cryptocurrency transactions will be nowhere to hide!

The Kenya Revenue Authority (KRA) is going big! They are going to replace a new tax system to monitor cryptocurrency transactions in real time. Yes, the kind that can record the date, time, type and value of transactions.

Imagine that this new system is like a superhero in the tax world, able to capture every trace of transactions and ensure that every penny can be traced, making tax evasion more difficult.

According to reports, this system will be launched before the end of the year. It will work closely with cryptocurrency exchanges and record detailed information about each transaction.

This is no small matter, because there are nearly 4 million cryptocurrency players in Kenya, and the transaction volume last year reached 18.6 billion US dollars. This market is so big that people have to pay attention to it.

Although the cryptocurrency market in Kenya is still relatively free, KRA official Nickson Omondi said that they already have some tax laws, but they were mainly aimed at companies that did not have a physical office in Kenya.

However, they updated the tax law last September to make it clear to cryptocurrency investors that they need to pay taxes on the income from these transactions.

Omondi also mentioned that according to the current law, cryptocurrency exchanges have to pay 3% of the transaction amount to the government. This also means that Kenya needs to bring cryptocurrency transactions into the formal tax system.

At the same time, KRA will also use artificial intelligence (AI) and machine learning to analyze data to find people who evade taxes, making tax work more efficient, accurate and compliant.

The government also plans to use M-PESA payroll and cash register numbers as electronic tax registers starting December 25, 2024. To expand the tax base and combat tax evasion.

At the same time, there is a tax evasion case involving a cryptocurrency exchange in Nigeria that is still under trial. The company did not register for taxes, violating local tax laws, and Binance became the only defendant in the case.

In terms of cryptocurrency taxation, African countries are getting serious. Kenyan cryptocurrency experts will have to consider tax issues when trading cryptocurrencies in the future.

#肯尼亚税务新动作 #加密货币监管 #加密货币税收

#usdt #USDC

🇸🇬Latest News: The MRT department stores in Singapore now accept stablecoin payments such as USDT and USDC.

Compliance and daily use of stablecoins
Will be the cornerstone of cryptocurrency dominance

#加密货币政策
#穩定幣
#加密货币监管

$BTC $ETH $SOL

Last week, the U.S. Securities and Exchange Commission (SEC) officially withdrew cases against Robinhood, Uniswap, Gemini, and Consensys.
This is a new SEC without Gensler‼️

Best crazy crash
This news is actually very positive for cryptocurrency
It's just that everyone is really too panicked
The news has been overshadowed

Follow me‼️ For all the happenings in the crypto world

#sec
#加密货币
#加密货币监管