belcab56

@belcab56

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Pluto’s exit comes after THORChain validator “TCB” said on X that they were one of three validators that voted to stop Ether trading on the protocol to cut off the Lazarus Group.

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The lack of a positive price response suggests Bitcoin may need significantly more momentum to recover, Lee added.

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Solana’s upcoming token unlock may add significant selling pressure for the cryptocurrency.

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Crypto platforms began delisting USDt for EU residents ahead of the MiCA deadline in December 2024 — also ending support for other US-pegged stablecoins that did not meet the MiCA listing requirements.

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Professor and market analyst Steve Hanke cited the EU’s overregulation as the primary driver behind its lagging gross domestic product (GDP) compared to the United States.

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The EU, once lauded by US lawmakers for its regulatory clarity on crypto, has been criticized for stifling technological innovation behind walls of legal red tape and bureaucracy.

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The Circle executive added that these 10 service providers have issued 10 euro-pegged stablecoins and five US dollar-pegged stablecoins.

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Trump and his team of lawyers have clearly prepared for attacks from Democrats or others keen to see him bleed over these memecoins.

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“As of this moment in time, there is no law that would require that treatment.”

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“The unresolved and difficult question is whether the fact that a large segment of the global population is primed to turn this ‘consumer product’ into a major capital asset should automatically put it into a regulated category even though there is no ‘official’ communication of ongoing investment value,” he told Cointelegraph.

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Crypto lawyer Josh Lawler told Cointelegraph that the question is whether this should immediately place TRUMP and MELANIA into a different, regulated category.

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So, memecoins exist in a sort of litigation vacuum, making it the best way for the Trump family to launch a token when all eyes were firmly on them. However, these memecoins are tied to arguably the most important people in the United States — so whether the intent or not, the value of TRUMP and MELANIA will likely serve as a litmus test of public sentiment.

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“But regardless of why, launching a memecoin was less risky over the last four years than developing a bona fide project in cryptocurrency, which is probably the reason they have proliferated,” Brogan said.

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“This is because they are basically inert. They don’t do anything and are not tied to any project with a goal of developing useful applications. They just sit onchain, and people buy them for the memes.”

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That said, they have historically been difficult to prosecute. Brogan explained that memecoins may not be classified as securities under the Howey test.

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“To my knowledge, no court in the United States has determined that memecoins are explicitly legal,” crypto lawyer Aaron Brogan told Cointelegraph.

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Byrne believes these lost investments will inevitably lead to litigation. But what is the legal basis?

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A new economic hub in Bhutan plans to set up a strategic cryptocurrency reserve comprising major crypto assets, including Bitcoin and Ether.

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On Jan. 8, lawyers for the impeached president Yoon denounced efforts to detain him over his martial law imposition, while the country’s acting leader expressed concern over a possible clash between law enforcement agents and presidential security personnel.

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The news comes amid South Korea facing a major leadership crisis following President Yoon Suk Yeol’s short-lived declaration of martial law in December 2024.

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