🇺🇸 Treasury Secretary Bessent says "crypto is not a threat | Arletha Loos y4xX on Binance Square

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🇺🇸 Treasury Secretary Bessent says "crypto is not a threat to the dollar. In fact, stablecoins can reinforce dollar supremacy."
"They have been ignored by national governments for far too long."
#MyTradingStyle $BTC 

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🇺🇸 Ohio House passes bill to exempt Bitcoin payments under $200 from taxes. The Ohio House has indeed passed a bill related to cryptocurrency! This bill aims to exempt cryptocurrency transactions from additional taxes and fees, treating digital assets similarly to traditional fiat currency. While the bill doesn't specify a $200 threshold, it seeks to eliminate state taxes on cryptocurrency transactions used as payment for goods and services. Cryptocurrencies would receive the same tax treatment as legal tender. Residents' rights to use, self-custody, and stake digital assets would be protected. Mining would be allowed in residential areas with zoning compliance and in industrial zones without discriminatory restrictions. It's essential to note that this bill is part of a broader trend, with Ohio becoming the 16th state to introduce measures supporting cryptocurrency rights and usage. Other states, like Louisiana, have also made strides in accepting Bitcoin for government services.#MyTradingStyle $ETH

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Coinbase to allow $USDC stablecoin to be used as collateral. Coinbase Derivatives is partnering with Nodal Clear to integrate USDC as eligible collateral for US futures trading. This collaboration aims to enhance trading capabilities, improve operational efficiency, and provide secure custody via Coinbase Custody Trust. The integration, subject to CFTC approval, is expected to be completed by 2026 and would mark a significant milestone in establishing USDC as a true cash equivalent in traditional financial markets. Coinbase Derivatives and Nodal Clear are working together to integrate USDC as collateral for futures trading. The proposal is currently under review by the Commodity Futures Trading Commission (CFTC). The integration is targeted for completion by 2026. The move would allow for near-instant money movement, secure custody, and increased efficiency in trading. This development is part of Coinbase's broader strategy to expand USDC's use cases and promote its adoption in traditional financial markets. The company has already introduced USDC-based rewards and scaled BTC-backed USDC loans to over $1 billion.#DAOBaseAIBinanceTGE $XRP

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🇺🇸 Fed Chair Jerome Powell says "the economy is in a solid position." #GENIUSActPass $ETH

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🇺🇸 President Trump says the Federal Reserve "probably won't cut today" and Chair Jerome Powell is not a "smart guy." 🇺🇸 President Trump says "am I allowed to appoint myself head of the Fed?" "I'd do a much better job than Powell."#MyTradingStyle $ETH

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🇨🇦 First spot $XRP ETF launches in Canada. The first spot XRP ETF has launched in Canada, specifically on the Toronto Stock Exchange (TSX), courtesy of Purpose Investments. This ETF, trading under the ticker XRPP, offers investors direct exposure to XRP, the native token of the XRP Ledger. - Ticker Symbols: - XRPP: CAD-hedged - XRPP.B: CAD non-hedged - XRPP.U: US dollar-denominated The ETF started trading on June 18, 2025, on the TSX Investors can hold the ETF in registered accounts like Tax-Free Savings Accounts (TFSAs) and Registered Retirement Savings Plans (RRSPs) The ETF aims to provide simple, secure access to XRP, promoting mainstream adoption of cryptocurrency This launch marks a significant milestone for XRP and reinforces Canada's position as a leader in regulated digital asset investment products. The US, however, has yet to approve a spot XRP ETF, despite several filings from asset managers like Bitwise, Grayscale, and Franklin Templeton.#MyTradingStyle $XRP

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