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Internet down in large parts of Iran.
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Chase Fogarty RFOy
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#MyTradingStyle #TrumpCrypto 🏛️ The U.S. Senate overwhelmingly approved the GENIUS Act (68–30 vote) on June 17, marking a pivotal step in federally regulating stablecoins. The bill requires issuers to hold full reserves, publish monthly disclosures, and meet AML standards. It now moves to the House, targeting President Trump’s signature by July/August . Critics like Sen. Elizabeth Warren argue the bill sidesteps ethical concerns, especially related to Trump’s investments in crypto ventures like World Liberty Financial’s USD1 stablecoin. 🇺🇸 Trump Media & Technology Group has filed with the SEC to launch an ETF allocating 75% to BTC and 25% to ETH, with Crypto.com as liquidity provider. The move echoes its May plan to create a “Bitcoin treasury” as part of an “America First” financial strategy .
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#GENIUSActPass #IranIsraelConflict U.S. Position: President Donald Trump has indicated that the U.S. knows the location of Iranian Supreme Leader Ayatollah Ali Khamenei and is considering military action. However, he has also stated that Iran has reached out for negotiations, leading to mixed signals regarding U.S. involvement. Iran's Stance: Supreme Leader Khamenei has rejected calls for Iran's surrender, warning that any U.S. military intervention would lead to "irreparable damage" and a potential "all-out war." International Reactions: Russia has offered to mediate the conflict, while Germany urges Iran to return to nuclear talks. Turkey has expressed support for Iran's right to self-defense, and the United Nations has called for restraint and protection of civilians.
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#FOMCMeeting #BTC The OECD has proposed a global VAT framework for crypto, aiming to reduce tax ambiguities across member countries. By standardising how crypto is classified, whether as goods, services, or assets, the plan could make international transactions more compliant and less complicated. Businesses and investors may benefit from clearer rules around cross-border transfers and digital asset sales. As crypto globalises, tax clarity is no longer optional.
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As of June 17, 2025 🔥 Current Situation Ongoing Hostilities: Both nations continue to exchange missile and drone strikes. Iranian missiles have targeted cities such as Tel Aviv and Haifa, while Israeli forces have struck various locations in Iran, including Tehran and Isfahan.
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