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Rin_crypt
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Bullish
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$SOL
The bull is near
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#USStablecoinBill The US Stablecoin Bill, officially known as the GENIUS Act, aims to establish a federal regulatory framework for payment stablecoins. It permits both bank and non-bank entities to issue stablecoins, with state regulation possible for smaller issuers under a "substantially similar" regime to the federal one. Key provisions include requiring stablecoins to be fully backed by liquid assets, mandating disclosures and audits, and clarifying they are not securities or federally insured. Recent Democratic opposition citing concerns over consumer protection, anti-money laundering, and national security has, however, clouded the bill's immediate future despite bipartisan support earlier in the legislative process.
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#MarketPullback A market pullback is a short-term dip in asset prices (stocks, bonds, etc.) after a sustained rise. It's a temporary correction, typically smaller and shorter than a correction (10% decline) or bear market (20% decline). Profit-taking, economic news, or technical factors often trigger pullbacks. They are considered healthy market behavior, offering potential buying opportunities for long-term investors. Staying calm, reviewing your plan, and considering strategic purchases are key during a pullback, distinguishing it from a longer-term reversal.
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#EUPrivacyCoinBan The EU will ban anonymous crypto accounts and privacy coins like Monero and Zcash starting July 1, 2027, under new Anti-Money Laundering Regulations. This aims to combat illicit activities by increasing transaction transparency. Crypto service providers will be prohibited from handling these coins and must implement stricter KYC. Transactions over €1,000 will require identity checks. This move, part of broader EU crypto regulation (MiCA), has already impacted privacy coin prices and trading volumes. A new EU authority (AMLA) will oversee larger crypto businesses.
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$SOL going to bullish (Disclaimer:Not a trading advice)
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Expecting ether rum break down today (Disclaimer:Not a trading advice) $ETH
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