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🇺🇸 President Trump's digital asset report has been completed and will be released next week 🚀 Trump's Executive Director Bo Hines said today, "The President's Working Group on Digital Assets has completed the 180-day report. It will be released publicly on July 30th." Bullish! 🐂$BTC $ETH $XRP
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$BTC $BNB $XRP
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JUST IN: $290 billion asset manager founder Ric Edelman says "Bitcoin at $500,000 is not bold. It is a 1% allocation from global portfolios." 🚀$BTC
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$BNB BNB has broken its all-time high, surging to new heights! The cryptocurrency's price has skyrocketed, driven by increased adoption and demand for Binance's ecosystem. Investors are bullish on BNB's potential, citing its utility and scarcity. The token's price movement has sparked excitement in the crypto community, with many predicting further gains. As BNB continues to defy expectations, market watchers are eagerly anticipating its next move. Will BNB continue to soar, or will it experience a correction? Only time will tell, but for now, BNB's all-time high is a testament to its growing popularity. BNB is unstoppable! 🚀
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#CryptoClarityAct The US Senate Republicans have unveiled a draft bill, the "Responsible Financial Innovation Act," which builds on the Digital Asset Market Clarity (CLARITY) Act passed by the House of Representatives. This bill aims to provide clear regulatory guidelines for digital assets, addressing the need for modern disclosure frameworks and enhanced collaboration between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). *Key Provisions:* - *Ancillary Assets Classification*: Introduces a new classification for non-security tokens, which would be subject to disclosure requirements tailored to their specific needs. - *Regulation DA*: Proposes an exemption from SEC registration for certain token sales, aiming to reduce regulatory burdens and promote innovation. - *SEC-CFTC Collaboration*: Fosters greater coordination between the two agencies to establish clear rules for digital asset transactions. - *Disclosure Requirements*: Amends the Securities Act of 1933 to reflect modern investment vehicles, such as digital assets. The bill's sponsors, Senators Tim Scott and Cynthia Lummis, emphasize the importance of providing clear rules of the road for digital assets to promote innovation and protect consumers. However, the bill's fate remains uncertain, with bipartisan support being crucial for its passage.
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