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#USD1 #WLFI 🇦🇪 Eric Trump at the TOKEN2049 conference in Dubai: - Sending money through the international SWIFT network is slow, expensive, and inconvenient. Cryptocurrency simplifies everything and makes banks unnecessary. - It's just funny that banks work from 9 to 5 on weekdays with a one and a half-hour lunch break. The old financial system is broken. - In the UAE, everything is a "yes." But Europe is a lost cause. It's impossible to work with them. - USD1 has become the official stablecoin for MGX investments on Binance. #StablecoinPayments #AbuDhabiStablecoin
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#BTC 🔽 SoSoValue has resumed OUTFLOW of funds from spot Bitcoin ETFs, -$56,230,000 for the previous day. #StablecoinPayments #StablecoinPayments
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💸 Eric Trump stated that the #USD1 stablecoin by Donald Trump's World Liberty Financial has been chosen as the official stablecoin for MGX investment settlements on Binance, totaling 2,000,000,000$BTC "USD1 will become one of the most transparent and regulated stablecoins in the world." ``` #StablecoinPayments #StablecoinPayments #AbuDhabiStablecoin ```
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🇳🇬 Nigerian authorities have officially recognized #Bitcoin and other digital assets as securities. 📈 ⊹ All crypto services and exchanges must obtain licenses from the Securities and Exchange Commission (SEC). ⊹ The SEC will have access to data from internet providers to monitor any violations. ⊹ The law aims to promote transparency and compliance with international standards (IOSCO). - Lawsuit against #Binance - Taxation #StablecoinPayments #AltcoinETFsPostponed
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#😐 **Crypto Industry Giants Demand Clarity from SEC** Crypto Council for Innovation (CCI), Andreessen Horowitz (a16z), Paradigm, Kraken, and others have called on the SEC to recognize staking as a technical process, not a securities transaction. They are demanding clear and reasonable rules to avoid stifling innovation in the industry. Meanwhile, Solana Policy Institute, Superstate Inc., and Zagreus Services LLC have proposed an initiative called Project Open to the SEC, suggesting allowing the issuance and trading of shares on public blockchains. The proposal includes: - An 18-month pilot period - Tokenized form of shares - Issuers reporting to the SEC **Goal** - integrating the traditional market with blockchain technologies and increasing transparency through decentralized networks. ``` #AltcoinETFsPostponed #BinanceAlphaAlert ```
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