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According to Odaily, a new draft proposal from the U.S. House of Representatives seeks to clarify how digital commodity transactions are classified. As noted by Forbes journalist Eleanor Terrett, page 49 of the draft states that selling digital commodities does not make them securities—so long as the transaction doesn't grant the buyer ownership rights in the issuer's business, profits, or assets. In short, secondary market trades of digital commodities won’t automatically fall under U.S. securities laws unless they include claims to the company’s ownership or earnings. #USHouseMarketStructureDraft
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BREAKING: The Fed just wrapped its meeting—and the only thing climbing faster than interest rates was Jerome Powell’s stress level when someone whispered “soft landing.” Wall Street bros: “Pause on hikes? Time to send it!” Powell: Raises one eyebrow “You sure about that?” Every millennial with a mortgage: “So… can I refinance yet?” FOMC: “Yeah, that’s a hard pass, champ.” Market vibes: Stocks: Up like it’s earnings season Bonds: Staring at the ceiling, questioning existence Crypto: Throwing a rave Gold: Unbothered, glowing, sipping matcha Recession: Still stuck in the waiting room, reading 6-month-old magazines Powell’s official message: “We remain data-dependent.” Translation: “We’re guessing, but with spreadsheets.” At this point, the only guaranteed outcomes of an FOMC meeting are market whiplash, media overanalysis, and Gen Z finally learning what “hawkish” means. See you at the next one—bring snacks and maybe a therapist. #FOMCMeeting
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How to Stay Safe on Binance: Essential Security Tips As a global leader in cryptocurrency trading, Binance provides robust security features to help protect your account and digital assets. However, safeguarding your information is a shared responsibility. Follow these key tips to enhance your security on Binance: 1. Enable Two-Factor Authentication (2FA) Activate 2FA to add an extra layer of security to your account. Binance supports both SMS and Google Authenticator. For better protection, opt for Google Authenticator, which is less susceptible to SIM-swapping attacks. With 2FA enabled, even if someone obtains your password, they won't be able to access your account without the second verification code. 2. Watch Out for Phishing Scams Phishing remains one of the most common threats. Scammers may send fake emails or create imitation websites to steal your login credentials. Always verify URLs carefully—ensure you're visiting binance.com—and avoid clicking on suspicious links. Never share your login details. To help verify legitimate communications, enable Binance’s anti-phishing code, which attaches a personalized identifier to official Binance emails. 3. Take Advantage of Binance’s Security Features Binance offers several tools designed to enhance your account protection: Security Dashboard: Monitor login activity, adjust settings, and manage your security preferences. Withdrawal Whitelist: Limit withdrawals to trusted wallet addresses only. Device Management: Track and remove unfamiliar devices linked to your account. Security Notifications: Receive alerts for sensitive actions like logins and password changes. 4. Protect Your Personal Information Keep your account details private. Avoid sharing screenshots of your holdings on social media. Use strong, unique passwords, and change them regularly. When accessing your Binance account, steer clear of public Wi-Fi networks.
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