bella76brown pfp

bella76brown

@bella76brown

199 Following
96 Followers
bella76brown pfp
bella76brown
@bella76brown
The group plans to apply for a license from the Hong Kong Monetary Authority (HKMA), the city’s de facto central bank.
0 reply
0 recast
0 reaction
bella76brown pfp
bella76brown
@bella76brown
Standard Chartered’s involvement is notable given Hong Kong’s unique monetary system. Unlike a traditional central bank, the HKMA does not issue currency. Instead, Hong Kong dollars are issued by HSBC, Bank of China (Hong Kong) and Standard Chartered under the HKMA’s oversight.
0 reply
0 recast
0 reaction
bella76brown pfp
bella76brown
@bella76brown
Standard Chartered’s involvement is notable given Hong Kong’s unique monetary system. Unlike a traditional central bank, the HKMA does not issue currency. Instead, Hong Kong dollars are issued by HSBC, Bank of China (Hong Kong) and Standard Chartered under the HKMA’s oversight.
0 reply
0 recast
0 reaction
bella76brown pfp
bella76brown
@bella76brown
The group plans to apply for a license from the Hong Kong Monetary Authority (HKMA), the city’s de facto central bank.
0 reply
0 recast
0 reaction
nancy776608 pfp
nancy776608
@nancy776608
However, in an open letter to Coinbase CEO Brian Armstrong, Youngblood still said the crypto exchange should list the token.
0 reply
0 recast
0 reaction
g17274677 pfp
g17274677
@g17274677
He argued that Trump supporters will want to buy the token regardless and Coinbase is a more accessible place to trade “where they won’t get scammed.”
0 reply
0 recast
0 reaction
g17274677 pfp
g17274677
@g17274677
The launch of the memecoin coincided with the Trump-honoring “Crypto Ball,” a high-profile event that brought together industry leaders such as Michael Saylor of MicroStrategy, Coinbase CEO Brian Armstrong, the Winklevoss twins of Gemini, and David Sacks, Trump’s crypto and artificial intelligence adviser.
0 reply
0 recast
0 reaction
merfilwilliams pfp
merfilwilliams
@merfilwilliams
President-elect Trump has launched a memecoin, aptly named Official Trump (TRUMP), on Jan. 17 — drawing both praise and criticism from attorneys, with some arguing that the token signals a positive regulatory shift in the United States and others warning of a Constitutional violation.
0 reply
0 recast
0 reaction
merfilwilliams pfp
merfilwilliams
@merfilwilliams
In a written statement, Consensys attorney Bill Hughes characterized the incoming Trump administration as a “sea change.” The attorney told Cointelegraph:
0 reply
0 recast
0 reaction
amelia569082 pfp
amelia569082
@amelia569082
Hughes added that while the incoming Trump administration is encouraging innovation and experimentation, he does not believe the incoming administration is going to do away with all crypto regulations.
0 reply
0 recast
0 reaction
amelia569082 pfp
amelia569082
@amelia569082
“The same law enforcement and national security concerns that existed in the last administration are going to be present in the Trump administration,” the Consensys attorney said.
0 reply
0 recast
0 reaction
bella76brown pfp
bella76brown
@bella76brown
However, it remains to be seen whether or not the incoming Attorney General of the United States, Pam Bondi, takes enforcement action against Trump or the memecoin, Lesperance added.
0 reply
0 recast
0 reaction
bella76brown pfp
bella76brown
@bella76brown
“Given that TRUMP can be easily purchased by foreign individuals or governments, this would appear to be a violation of this clause,” the attorney said.
0 reply
0 recast
0 reaction
bella76brown pfp
bella76brown
@bella76brown
Attorney David Lesperance told Cointelegraph that the President-elect's memecoin launch violates stipulations in the United States Constitution designed to prevent foreign influence over US government officials. Lesperance explained:
0 reply
0 recast
0 reaction
bella76brown pfp
bella76brown
@bella76brown
However, it remains to be seen whether or not the incoming Attorney General of the United States, Pam Bondi, takes enforcement action against Trump or the memecoin, Lesperance added.
0 reply
0 recast
0 reaction
bella76brown pfp
bella76brown
@bella76brown
“Given that TRUMP can be easily purchased by foreign individuals or governments, this would appear to be a violation of this clause,” the attorney said.
0 reply
0 recast
0 reaction
bella76brown pfp
bella76brown
@bella76brown
Attorney David Lesperance told Cointelegraph that the President-elect's memecoin launch violates stipulations in the United States Constitution designed to prevent foreign influence over US government officials. Lesperance explained:
0 reply
0 recast
0 reaction
austinemma9109 pfp
austinemma9109
@austinemma9109
Stuart Hoegner, general counsel of Tether and Bitfinex, has retired from his role as legal chief at the two firms and will be replaced by Michael Hilliard, who has been working alongside Hoegner for several years.
0 reply
12 recasts
5 reactions
sophiasmith77609 pfp
sophiasmith77609
@sophiasmith77609
“Michael’s deep understanding of both companies’ operations, coupled with his strategic approach to legal and regulatory challenges, has been critical to advancing both Tether and Bitfinex’s mission,” wrote the firm in the statement.
0 reply
12 recasts
5 reactions
el88thoms pfp
el88thoms
@el88thoms
While there has been murky guidance on the matter of Tether’s legal status in Europe, US crypto exchange Coinbase delisted USDT in mid-December, citing compliance with MiCA.
0 reply
11 recasts
6 reactions