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Is the Pi Network Team Holding Back Its Own Coin?
Many Pi Network users are concerned. The price of Pi coin is falling, and some wonder: could the Project Team be deliberately causing this?
There are still major issues to resolve. Key steps like KYC verification, Mainnet migration, and establishing Pi as a tradable cryptocurrency remain unfinished. This slow progress frustrates the community.
True cryptocurrencies thrive on being open and fair. Yet, the Pi Network Team maintains tight control over nearly every aspect of the project. This level of control feels at odds with the decentralized spirit of crypto.
But there's immense hope.
Pi Network's greatest strength is its massive community – millions of people worldwide are connected and deeply interested in its success. This huge user base is a powerful foundation.
We hope that with time, these challenges will be overcome. The potential is undeniable. If the team addresses the issues and embraces openness, Pi Network could truly reach its beautiful destination.
#PiCoreTeam
There are still major issues to resolve. Key steps like KYC verification, Mainnet migration, and establishing Pi as a tradable cryptocurrency remain unfinished. This slow progress frustrates the community.
True cryptocurrencies thrive on being open and fair. Yet, the Pi Network Team maintains tight control over nearly every aspect of the project. This level of control feels at odds with the decentralized spirit of crypto.
But there's immense hope.
Pi Network's greatest strength is its massive community – millions of people worldwide are connected and deeply interested in its success. This huge user base is a powerful foundation.
We hope that with time, these challenges will be overcome. The potential is undeniable. If the team addresses the issues and embraces openness, Pi Network could truly reach its beautiful destination.
#PiCoreTeam
Republican Leadership Announces "Crypto Week" for Key Digital Asset Bills
US House Republican leaders have designated the week of July 14-18 as "Crypto Week," during which they plan to advance three significant pieces of cryptocurrency legislation.
House Speaker Mike Johnson, alongside Financial Services Committee Chair French Hill and Agriculture Committee Chair Glenn Thompson, announced the initiative. The focus will be on moving forward bills concerning:
1. Stablecoin Regulation: Establishing a regulatory framework for stablecoins.
2. Digital Asset Market Structure: Defining rules for crypto markets and exchanges.
3. Central Bank Digital Currencies (CBDCs): Addressing concerns and potential restrictions related to a US CBDC.
Speaker Johnson stated this effort fulfills part of former President Donald Trump's digital assets agenda. The specific bills slated for consideration include:
The **CLARITY Act** (likely addressing market structure).
The **Anti-CBDC Surveillance State Act** (focused on CBDC concerns).
The **Senate's GENIUS Act** (presumably related to stablecoins or broader regulation, as it's noted as coming from the Senate).
Johnson described the planned legislation as "landmark pieces" crucial for the digital asset ecosystem.
#OneBigBeautifulBill
US House Republican leaders have designated the week of July 14-18 as "Crypto Week," during which they plan to advance three significant pieces of cryptocurrency legislation.
House Speaker Mike Johnson, alongside Financial Services Committee Chair French Hill and Agriculture Committee Chair Glenn Thompson, announced the initiative. The focus will be on moving forward bills concerning:
1. Stablecoin Regulation: Establishing a regulatory framework for stablecoins.
2. Digital Asset Market Structure: Defining rules for crypto markets and exchanges.
3. Central Bank Digital Currencies (CBDCs): Addressing concerns and potential restrictions related to a US CBDC.
Speaker Johnson stated this effort fulfills part of former President Donald Trump's digital assets agenda. The specific bills slated for consideration include:
The **CLARITY Act** (likely addressing market structure).
The **Anti-CBDC Surveillance State Act** (focused on CBDC concerns).
The **Senate's GENIUS Act** (presumably related to stablecoins or broader regulation, as it's noted as coming from the Senate).
Johnson described the planned legislation as "landmark pieces" crucial for the digital asset ecosystem.
#OneBigBeautifulBill
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