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🚫💰 #SEC "brake system" ambition to raise 1 billion USD Solana from DeFi Development! The U.S. Securities and Exchange Commission (SEC) has officially rejected the proposal of #DeFiDevelopment to issue 1 billion USD in securities to raise an additional $SOL 🚀. 👉 It is known that the initial application was submitted by DeFi Development since April 2024. 👉 After nearly 2 months of review, on June 10, 2025, the SEC decided to deny the application due to the lack of internal control reports — a necessary condition for issuance under Form S-3. 📉 Nevertheless, from April until now, DeFi Development has still self-funded millions of USD in SOL, having raised about 42 million USD for the deal. 🎯 The plan to become "Strategy version Solana" (collecting altcoins as reserve assets) is temporarily interrupted. 📊 Meanwhile, $BTC continues to soar, while Solana slightly adjusts, awaiting future ETF expectations. 🔥 The massive SOL acquisition deal still has the potential to return if the SEC "gives the green light" in the next application submission. #Altcoins👀🚀 #crypto
🚫💰 #SEC "brake system" ambition to raise 1 billion USD Solana from DeFi Development!

The U.S. Securities and Exchange Commission (SEC) has officially rejected the proposal of #DeFiDevelopment to issue 1 billion USD in securities to raise an additional $SOL 🚀.

👉 It is known that the initial application was submitted by DeFi Development since April 2024.
👉 After nearly 2 months of review, on June 10, 2025, the SEC decided to deny the application due to the lack of internal control reports — a necessary condition for issuance under Form S-3.

📉 Nevertheless, from April until now, DeFi Development has still self-funded millions of USD in SOL, having raised about 42 million USD for the deal.

🎯 The plan to become "Strategy version Solana" (collecting altcoins as reserve assets) is temporarily interrupted.
📊 Meanwhile, $BTC continues to soar, while Solana slightly adjusts, awaiting future ETF expectations.

🔥 The massive SOL acquisition deal still has the potential to return if the SEC "gives the green light" in the next application submission.
#Altcoins👀🚀 #crypto
Pakistan Signals a New Era in Web3 Leadership with Major Global Appointment #Web3Revolution Pakistan has taken a bold and progressive step toward establishing itself as a serious contender in the global digital economy. In a strategic move that has caught the attention of the international blockchain community, Changpeng Zhao (CZ)—renowned founder of Binance and one of the most influential figures in the Web3 world—has officially joined the Pakistan Crypto Council (PCC) as a Strategic Advisor. This landmark collaboration reflects Pakistan’s growing commitment to embracing emerging technologies and decentralized finance as a core pillar of its economic future. By bringing in a visionary like CZ, the country signals its intention to not only adopt blockchain solutions but also help shape global crypto policy and innovation from within the region. CZ’s involvement is expected to play a key role in creating a regulatory framework that supports both innovation and investor protection. The appointment comes at a time when many nations are still defining their stance on digital assets. Pakistan’s proactive engagement with one of the industry’s top minds gives it a strong foundation to lead Web3 adoption in South Asia. This move has the potential to attract significant foreign interest, spark local innovation, and position the country as a hub for crypto talent and blockchain startups. While discussions around digital transformation evolve globally, Pakistan’s recent initiatives demonstrate a forward-thinking approach rooted in collaboration, expertise, and growth. The involvement of a globally respected figure like CZ highlights a serious intent to compete on a world stage—offering fresh optimism to both local tech entrepreneurs and international observers looking for the next big breakout in the blockchain space. #BlockchainLeadership #CryptoInnovation #DeFiDevelopment #FutureOfFinance
Pakistan Signals a New Era in Web3 Leadership with Major Global Appointment
#Web3Revolution
Pakistan has taken a bold and progressive step toward establishing itself as a serious contender in the global digital economy. In a strategic move that has caught the attention of the international blockchain community, Changpeng Zhao (CZ)—renowned founder of Binance and one of the most influential figures in the Web3 world—has officially joined the Pakistan Crypto Council (PCC) as a Strategic Advisor.

This landmark collaboration reflects Pakistan’s growing commitment to embracing emerging technologies and decentralized finance as a core pillar of its economic future. By bringing in a visionary like CZ, the country signals its intention to not only adopt blockchain solutions but also help shape global crypto policy and innovation from within the region. CZ’s involvement is expected to play a key role in creating a regulatory framework that supports both innovation and investor protection.

The appointment comes at a time when many nations are still defining their stance on digital assets. Pakistan’s proactive engagement with one of the industry’s top minds gives it a strong foundation to lead Web3 adoption in South Asia. This move has the potential to attract significant foreign interest, spark local innovation, and position the country as a hub for crypto talent and blockchain startups.

While discussions around digital transformation evolve globally, Pakistan’s recent initiatives demonstrate a forward-thinking approach rooted in collaboration, expertise, and growth. The involvement of a globally respected figure like CZ highlights a serious intent to compete on a world stage—offering fresh optimism to both local tech entrepreneurs and international observers looking for the next big breakout in the blockchain space.

#BlockchainLeadership
#CryptoInnovation
#DeFiDevelopment
#FutureOfFinance
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