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Mamoud1
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ICYMI: š§š· Brazil held their first
Bitcoin
strategic reserve hearing yesterday. They are considering buying $19 BILLION in Bitcoin š
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Bitlayer: Revolutionising DeFi on Bitcoin @BitlayerLabs is propelling Bitcoin into the era of decentralised finance with a complete, secure and scalable BTCFi infrastructure. Through its BitVM technology, Bitlayer enables BTC holders to generate returns while retaining Bitcoin's native security. The BitVM bridge, already operational on the mainnet, transforms BTC into YBTC, a 1:1 backed asset that generates returns. In addition, the Bitlayer network offers a high-performance Bitcoin rollup, enabling fast, low-cost DeFi applications with finality anchored directly on the Bitcoin network. With strategic partnerships including Sui, Base, Arbitrum, Cardano, Antpool, F2Pool and SpiderPool, and $25 million in funding from leading investors Polychain Capital and Franklin Templeton, Bitlayer is well positioned to become the backbone of DeFi on Bitcoin. @BitlayerLabs #BitlayerL
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š§š¾ The President of Belarus, Alexander Lukashenko, discussed the future of the country's crypto-currency market at a meeting with the President of the National Bank, Roman Golovchenko. He wondered how the country could use crypto-currencies. "We have already raised this issue. It's important for me and for the country." "How can we use it, especially now, to facilitate payments? There's been a lot of talk about it, but the Belarusian crypto-currency market is still underdeveloped. What are the next steps?" The National Bank has prepared specific proposals for a breakthrough in the integration of crypto-currencies into national financial policy, which have been flagged and generally supported by the President, and the details of which are expected to be discussed at a special meeting. š Belta
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Embrace change, it will happen with or without you, but better with A message full of meaning for enlightened lanterns š
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šØ Chainlink launches its $LINK strategic reserve. "We are pleased to announce the launch of the Chainlink Reserve, a new upgrade focused on creating a strategic reserve in $LINK." "We do not expect withdrawals from the reserve for several years and the
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šŖšŗ The European Banking Authority (EBA), the EU's banking regulator, is finalising draft rules for banks holding Bitcoin and Ethereum. The draft rules require banks to assign a risk weight of 1,250% to "unsecured" cryptocurrencies such as Bitcoin and Ethereum. The framework applies to banks in the European Union that hold crypto assets on their balance sheets. Once approved, the bill would become a delegated regulation and be sent to the European Parliament and the Council. For example: a bank will have to tie up ā¬12.5 million of capital for ā¬1 million of $BTC held... @Mamoud1 š„š„š„$BTC $BNB
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