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darcyon3

@darcyon3

199 Following
120 Followers


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jolineme9t
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The business intelligence firm and Bitcoin treasury company rebranded to Strategy and adopted a Bitcoin-themed visual marketing scheme on Feb. 5.
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gillian4bon
@gillian4bon
MSTR stock has gained 16.5% since the beginning of 2025 and has risen a whopping 383% since the same time in 2024, outperforming the broader crypto market, which has only made 62% over the past 12 months.
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gillian4bon
@gillian4bon
Argentine lawyers have reportedly filed charges against Argentina’s president, Javier Milei, in a criminal court for promoting a cryptocurrency that briefly pumped and then tanked over the weekend.
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darcyon3
@darcyon3
Indeed, Trump’s return to the White House has already cheered up many in the crypto space.
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darcyon3
@darcyon3
“President Trump in the White House is really good for us,” Stacy Herbert, who leads El Salvador’s National Bitcoin Office, told Cointelegraph. The country is one of the few jurisdictions that already has its own regulations for the sector.
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darcyon3
@darcyon3
Still, experts warn that there is still much to be seen, urging for caution amid a buying frenzy in the space.
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darcyon3
@darcyon3
The Libertad project’s native Solana token, Libra (LIBRA), rallied to a market capitalization of $4.56 billion on Feb. 14, after Milei posted about the token on X. It then fell over 94% after he deleted the post, prompting accusations of a pump and dump scheme.
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darcyon3
@darcyon3
Lawyers Marcos Zelaya and Jonatan Baldiviezo, along with engineer María Eva Koutsovitis and economist Claudio Lozano, have filed a criminal complaint that alleges Milei was complicit in fraud by promoting Libra, according to a Feb. 17 Associated Press report.
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darcyon3
@darcyon3
Lawyers Marcos Zelaya and Jonatan Baldiviezo, along with engineer María Eva Koutsovitis and economist Claudio Lozano, have filed a criminal complaint that alleges Milei was complicit in fraud by promoting Libra, according to a Feb. 17 Associated Press report.
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darcyon3 pfp
darcyon3
@darcyon3
The Libertad project’s native Solana token, Libra (LIBRA), rallied to a market capitalization of $4.56 billion on Feb. 14, after Milei posted about the token on X. It then fell over 94% after he deleted the post, prompting accusations of a pump and dump scheme.
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darcyon3 pfp
darcyon3
@darcyon3
Still, experts warn that there is still much to be seen, urging for caution amid a buying frenzy in the space.
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darcyon3 pfp
darcyon3
@darcyon3
“President Trump in the White House is really good for us,” Stacy Herbert, who leads El Salvador’s National Bitcoin Office, told Cointelegraph. The country is one of the few jurisdictions that already has its own regulations for the sector.
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darcyon3
@darcyon3
Indeed, Trump’s return to the White House has already cheered up many in the crypto space.
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darcyon3
@darcyon3
“This unlawful rule is the dying gasp of the anti-crypto army on its way out of power. It must be struck down, either by the courts or the incoming administration,” said Jake Chervinsky, chief legal officer at venture capital firm Variant.
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The new rules have sparked a widespread backlash on social media, with many legal experts suggesting that the IRS may be overstepping its authority and infringing constitutional rights.
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darcyon3
@darcyon3
Disclosed on Dec. 27 by the US Internal Revenue Service, the new regulations treat front-end protocols facilitating digital asset transactions as brokers, requiring Know Your Customer disclosures of transactions. According to the agency, the regulations will affect up to 875 DeFi brokers.
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darcyon3
@darcyon3
The final regulations classifying several decentralized finance (DeFi) protocols as brokers have sparked immediate backlash within the crypto industry, with calls for the incoming Congress to overturn the new rules.
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darcyon3
@darcyon3
“The Treasury Department and the IRS do not agree that these final regulations reflect a bias against the DeFi industry or that these regulations will discourage the adoption of this technology by law-abiding customers,” the agency said.
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darcyon3
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The tax agency said the new guidelines bring decentralized exchanges and other DeFi front-ends into the fold of existing reporting rules that apply to all brokers.
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darcyon3
@darcyon3
Under the new rules, DeFi platforms that facilitate the sale of crypto assets and exercise sufficient control over the transaction process could meet the definition of a broker.
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