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🚨 BREAKING: CNBC reports tomorrow’s crypto segment will unveil the U.S. Government’s
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🚨 Big Banks Meet Blockchain 🚀 JPMorgan ($4 Trillion AUM) has officially partnered with Coinbase to simplify and accelerate crypto adoption across the U.S. 🔑 Key Highlights: ▫️ Direct bank-to-wallet connection for Chase customers via JPMorgan’s API ▫️ 1:1 Chase reward point conversion to crypto on Coinbase ▫️ Credit card funding for Coinbase accounts coming in September ▫️ Full features rollout expected by 2026 📢 This partnership signals a major shift in traditional finance embracing digital assets. As Max Branzburg of Coinbase puts it: “We’re expanding choice and lowering barriers to entry for consumers to participate in the future of financial services on-chain.” 🌐 Following its recent Samsung Pay integration, Coinbase continues its streak of mainstream adoption wins. #Crypto #JPMorgan #Coinbase #Fintech #Blockchain https://coingape.com/4-trillion-jpmorgan-partners-coinbase-to-make-crypto-purchases-easier/?utm_source=bnb&utm_medium=coingape
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🚨 SEC Policy Shift Could Pave the Way for XRP ETF Approval 🏛 A quiet but significant regulatory move by the U.S. SEC may finally unlock stalled XRP ETF filings, according to crypto lawyer Bill Morgan. 🌐 The SEC’s recent approval of in-kind creation/redemption for crypto ETFs — allowing market makers to directly settle using crypto assets instead of cash. This change improves efficiency, reduces costs, and removes a major hurdle for altcoin ETFs. 🔍 Why this matters: • In-kind settlements = smoother ETF operations • “Order granting accelerated approval” — language in recent SEC filings flagged by Bloomberg’s Eric Balchunas — suggests a faster decision process • Analysts now expect an XRP ETF approval by early fall, ahead of the final October 17, 2025 deadline 📈 A shift in tone from the SEC could have wide-reaching implications for Ripple, altcoin markets, and institutional adoption across the crypto space. #XRP #CryptoETF #SEC #Ripple #Blockchain https://coingape.com/secs-new-crypto-policy-shift-could-boost-xrp-etf-approvals-says-lawyer/?utm_source=bnb&utm_medium=coingape
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🇮🇩 Indonesia Hikes Crypto Taxes — While the U.S. Considers Cuts 🇺🇸 In a notable policy shift, Indonesia is raising its crypto transaction tax to 0.21% (from 0.1%), with overseas exchanges facing an even steeper jump to 1%. At the same time, the country is removing VAT for crypto buyers — a move aimed at streamlining domestic participation. 🔍 Key tax changes include: • Domestic crypto trade tax: 0.21% • Overseas platform tax: 1% • VAT removed for buyers, but doubled for miners • Mining income to shift to standard tax brackets in 2026 📢 Binance-backed Tokocrypto has welcomed the reforms, calling them a step toward legitimizing digital assets, while urging for a smoother transition period. 🇮🇳 Meanwhile, India holds firm at 30% tax on crypto, and the U.S. debates tax cuts and ETF approvals — reflecting how crypto regulation is fragmenting across global markets. 🌐 As regulation tightens in Asia and evolves in the West, the gap in global crypto policy continues to widen. #CryptoRegulation #Indonesia #DigitalAssets #Cryptocurrency #Blockchain https://coingape.com/indonesia-to-raise-crypto-transaction-taxes-while-u-s-looks-to-cut-them/?utm_source=bnb&utm_medium=coingape
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🚨 Why Is Cathie Wood Quietly Accumulating This Ethereum Treasury Stock? 📊 In a strategic series of moves, Cathie Wood’s ARK Invest has acquired over 1 million shares of Bitmine Technologies (BMNR) across three flagship ETFs: 📌 ARK Innovation ETF (ARKK) 📌 ARK Next Generation Internet ETF (ARKW) 📌 ARK Fintech Innovation ETF (ARKF) 🔍 Why the growing interest? ➡️ Here’s what’s happening behind the scenes: • Bitmine is now the largest corporate holder of Ethereum (ETH) — just added 58,224 ETH ($225M), pushing its total to 625,000 ETH • The company is also backed by tech billionaire Peter Thiel, who recently invested $500M • Bitmine just launched a $1 billion stock buyback program, designed to increase its crypto-assets-per-share ratio • Despite recent 23% stock correction, BMNR is up 600% since its first ETH purchase on June 30 • NAV currently sits at $22.76/share, supported by $2.7B in crypto assets and $401M in unencumbered cash 🗣 Bitmine CEO Tom Lee: “In our road to achieving ‘the alchemy of 5%’ of ETH, there may be times when the best expected return of our capital is to acquire our own shares.” 📈 With institutional capital flowing in and Ethereum's bull momentum building, Bitmine is positioning itself as a treasury-backed proxy for $ETH exposure — and ARK appears to be taking full notice. #ARKInvest #Ethereum #Bitmine #DigitalAssets #Blockchain https://coingape.com/cathie-wood-accumulating-ethereum-treasury-stock/?utm_source=bnb&utm_medium=coingape
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🚨 $XRP Rally Incoming? Tech Founder Predicts Mid-August Surge Amid SEC Appeal Rumors 🌐 Tech founder Vincent Van Code has sparked new buzz in the crypto world with a bold prediction: XRP could rally sharply in mid-August, should the SEC formally drop its appeal against Ripple. 🔍 What’s fueling this outlook? • Van Code claims such a legal resolution could unlock 100s of partnerships currently under wraps—protected by nearly 1,700 NDAs • Institutional momentum is already building, with ETF filings underway and Ripple’s recent partnership with BNY Mellon to custody RLUSD reserves adding credibility • At present, XRP is trading sideways after a recent all-time high, but market indicators suggest exponential upside if legal clarity arrives 💬 In response to a user suggesting the delays were intentional to suppress $XRP price pre-regulatory rollout, Van Code revealed that Ripple has already paid its fine into escrow, pending mutual appeal withdrawals. 📢 Behind the scenes, major enterprises are actively building on the XRP Ledger and Ripple ecosystem — but many are staying silent until the legal fog lifts. ⚖️ As regulatory clarity edges closer, $XRP may be on the verge of a breakout, backed by both legal resolution and rising institutional adoption. #XRP #Ripple #CryptoRegulation #ETFs #XRPL https://coingape.com/tech-founder-predicts-xrp-rally-in-mid-august-amid-possible-sec-appeal-drop/?utm_source=bnb&utm_medium=coingape
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