📰 Key News Highlights ✨
1. 💷 UK Considers Selling Seized Bitcoin to Cover Budget Deficit
The UK government might sell £5 billion worth of Bitcoin seized from criminals to fill a £22 billion finance gap. This crypto was seized from a fraudster involved in a massive £7 billion scam. 🏛️💰
2. 🇨🇳 Crypto Trading Still Flourishing in China
Despite China’s strict crypto bans, trading continues as brokers help people convert yuan into stablecoins like Tether (USDT). This workaround is fueling black market crypto trading and bypassing capital controls. 🚨💹
3. 🔗 Tether’s Popularity Among Criminals
Tether (USDT) is being used more by criminals for cross-border transactions due to its liquidity and anonymity. Authorities are cracking down on its use for illegal activities. ⚖️💼
4. 🚨 TRUMP Meme Coin Raises Ethical Concerns
The new TRUMP meme coin is causing a stir with its rapid price swings and a controversial launch. Critics worry about its ethical impact, as its creators control a large portion of the supply. 💣💥
5. 🏛️ Trump Launches Crypto Task Force
President Trump has set up a new task force to guide cryptocurrency regulations and explore creating a national digital asset reserve. This is aimed at making the U.S. more crypto-friendly. 🔧📜
#MarketPullback