#ILOVE$TRUMPTRUMP Token Rises Fast with President Trump's Social Media Post! President Trump was quoted as saying āI LOVE $TRUMP - SO COOL!!! The Greatest of them all!!!!!!!!!!!!!!!!!ā caused a stir in the crypto community. After the post, the token value increased by more than 11% in about an hour. This activity in the market pushed $TRUMP to the top of the list of the most profitable cryptocurrencies in the last 24 hours. Daily trading volume increased by more than 300% to more than $1.3 billion.
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$ETH shows mixed signals: the downward unification in the falling wedge pattern suggests a potential reversal if it surpasses the main resistance, however, sentiment remains cautious. Analysts discuss targets ranging from $4000 to $10000, with volatility linked to Bitcoin's performance and Ethereum's ability to regain narrative strength. #Ethereum
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Unveils Crypto 2.0 Initiative, Strengthens Digital Asset Regulations
ļæ¼SEC Unveils Crypto 2.0 Initiative
SEC Unveils Crypto 2.0 Initiative, Strengthens Digital Asset Regulations
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Highlights
SEC launches Crypto 2.0 for stricter digital regulations.
SEC targets off-chain crypto trades with tighter oversight.
Presidential Task Force to unify crypto regulations nationwide.
Crypto firms to face stricter compliance under SEC framework.
The U.S. Securities and Exchange Commission (SEC) hasĀ announcedĀ the advancement of its āSEC Crypto 2.0ā initiative. It signals a stronger regulatory framework for digital asset securities. As part of this initiative, the agency has also proposed the establishment of a Presidential Task Force on Cryptocurrency. The newly established task force serves to monitor and coordinate federal agency activities.
SEC Proposes Amendments to Securities Exchange Act for Crypto Regulation
Digital asset securities purchases through on-blockchain and off-blockchain systems must adhere to identical reporting rules that apply to regular securities. This regulatory change aims to make the digital asset market more transparent. On the other hand, they will be providing better investor protection through a formal regulatory structure.
One crucial part of the program involves intensified monitoring of activities outside chain boundaries. This includes both OTC trades and communications on decentralized platforms. The SEC has recognized these spaces because they represent high-risk areas and lack proper oversight thus the agency established them as essential targets for improved monitoring. The agency established directed reporting standards to minimize economic injuries that stem from fraud or market manipulation across digital asset activities.
TheĀ SECĀ has launched a proposal to create the Digital Asset Reporting system known as DART for regulatory oversight. The Digital Asset Reporting and Tracking system would be operational as a unified hub along #SECCrypto2.0
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