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Write to earn 5.73 USDC on binance square $USDC #Write2Earn 

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#BitcoinReserveDeadline Today, May 5, 2025, is a notable date concerning Bitcoin in the U.S. due to two key developments, neither of which directly imposes a "Bitcoin Reserve Deadline" in the sense of a mandatory requirement for private entities. 1. Strategic Bitcoin Reserve Report Deadline: * Today marks the deadline for the U.S. Treasury Secretary Scott Bessent to submit a comprehensive assessment regarding the establishment and management of a national Strategic Bitcoin Reserve. * This evaluation is mandated by President Trump's executive order issued on March 6, 2025. * The reserve would be capitalized with Bitcoin assets seized by the government through legal proceedings, and these assets are intended to be held as reserve assets, not to be sold. * The report is expected to detail the legal and investment considerations for this initiative, including where the assets should be held and any necessary legislative requirements. * The executive order also established a United States Digital Asset Stockpile for other seized digital assets. In summary, today's "deadline" pertains to the Treasury's report on how the U.S. government will manage its strategic Bitcoin holdings acquired through forfeitures. 2. Proposed "BITCOIN Act": * Senator Cynthia Lummis introduced the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act in the Senate on March 11, 2025. * This bill aims to codify President Trump's vision for a Strategic Bitcoin Reserve into law. * Beyond the executive order, the proposed act suggests a 1-million-unit Bitcoin purchase program over a set period to acquire approximately 5% of the total Bitcoin supply, mirroring the scale of U.S. gold reserves. * This act is currently in the "Introduced" stage in the Senate Banking, Housing, and Urban Affairs Committee. Regarding Bitcoin as a reserve asset for stablecoin issuers under the proposed USStablecoinBill (GENIUS Act and STABLE Act): * Neither of the main proposed stablecoin bills (GENIUS Act passed by the Senate Banking Committee.

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#USStablecoinBill The U.S. is actively moving towards establishing a regulatory framework for stablecoins. Bipartisan efforts in both the House and Senate have resulted in bills advancing through committees. The next step involves reconciling these versions into a single piece of legislation that can be passed by both chambers and signed into law.

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#DigitalAssetBill many countries and regions are actively developing and implementing regulations to govern digital assets, including cryptocurrencies. These regulations vary significantly across jurisdictions and are continuously evolving. Key Trends and Approaches: * Anti-Money Laundering (AML) and Know Your Customer (KYC) Requirements: A primary focus globally is to prevent illicit activities. The Financial Action Task Force (FATF) has issued recommendations, including the "Travel Rule," which requires Virtual Asset Service Providers (VASPs) to share information about the originators and beneficiaries of crypto transactions. Many countries, including the United States, the United Kingdom, and members of the European Union, are enforcing these measures. * Classification of Digital Assets: How digital assets are classified (e.g., as securities, commodities, or property) significantly impacts the applicable regulations. * Securities: In the United States, the Securities and Exchange Commission (SEC) has taken the stance that many cryptocurrencies qualify as securities and should be regulated accordingly. * Commodities: The Commodity Futures Trading Commission (CFTC) in the U.S. considers some cryptocurrencies as commodities, regulating their derivatives markets. * Property: Some jurisdictions, like Japan and Switzerland, recognize certain digital assets as legal property or currency. * Comprehensive Regulatory Frameworks: Some regions are taking a holistic approach to regulating digital assets. * European Union (MiCA): The Markets in Crypto-Assets (MiCA) regulation is a landmark effort to establish a unified set of rules for crypto assets across EU member states. * Dubai (VARA): Dubai established the Virtual Assets Regulatory Authority (VARA) with the aim of creating a comprehensive and progressive regulatory framework for virtual assets. * Central Bank Digital Currencies (CBDCs): Many countries are exploring or piloting their own central bank digital currencies. * Stablecoin Regulation: Stablecoins are facing increased scrutiny globally.

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$USDC USDC (USD Coin): * Current Price: Around $1.00 USD. * Fluctuation: Over the last 24 hours, the price has shown minimal change, hovering very close to $1. * 7-day range: The price has remained very stable, fluctuating between approximately $0.9997 and $1.00. * Market Capitalization: Approximately $61.51 Billion USD. * 24-hour Trading Volume: Around $8.29 Billion USD. USDT (Tether): * Current Price: Around $1.00 USD (specifically, around $1.0003). * Fluctuation: Similar to USDC, the price has shown very little movement in the last 24 hours. * 24-hour Low/High: The price has stayed within a tight range of approximately $0.9998 to $1.0014 in the last 24 hours. * Market Capitalization: Approximately $148.73 Billion USD. * 24-hour Trading Volume: Around $60.89 Billion USD. USDC/USDT Conversion Rate: * The conversion rate between USDC and USDT is approximately 1:1. * 1 USDC ≈ 1.00 USDT * 1 USDT ≈ 1.00 USDC #USDC/USDT

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