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ellaar8aim

@ellaar8aim

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The draft legislation would prohibit a broad range of public officials and related persons from issuing, sponsoring or endorsing any security, commodity or digital asset.
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@ellaar8aim
Independent RIAs were among the first institutional adopters of BTC and ETH ETFs, which US regulators approved in 2024.
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@ellaar8aim
“It’s still taxpayer money, and we’re responsible for it, and we need to protect it,” State Representative Steven Kelly said during Montana’s Feb. 22 House Floor Session, adding that “these types of investments are way too risky.”
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Nigeria plans to amend current digital asset regulations to tax crypto transactions, according to a Feb. 18 report by Bloomberg. The move, which would bring all eligible crypto transactions on regulated exchanges into the formal tax net, could generate “substantial revenue” for the country.
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Nigeria has been a leader in crypto adoption. According to Consensys’ 2024 Perception Survey, 84% of respondents in Nigeria said they owned a crypto wallet. In its Geography of Cryptocurrency Report published in October 2024, Chainalysis ranked the country No. 2 overall in global crypto adoption, highlighting the country’s appetite for decentralized finance.
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Rombolá also said his firm is preparing a class-action suit for people who might have invested in the token and lost money.
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In Stark’s estimation, the same outcome awaits the SEC’s case against crypto exchange Binance. He cited a joint motion submitted on Feb. 11 where both parties argued that the SEC’s Crypto Task Force “may impact and facilitate the potential resolution of this case.”
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Opposition lawmaker Leandro Santoro told Reuters he would be launching a request to impeach the president.
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Today in crypto, FTX is set to begin repaying $1.2 billion to creditors, marking a key step in the exchange’s bankruptcy proceedings, Argentine President Javier Milei made his first public statement since the disastrous Libra memecoin launch to deny any wrongdoing on his part, and the ratio of long to short positions on SOL in futures markets is tilting bearish as memecoin losses mount.
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In a Feb. 17 post on the X social media platform, Stark explained why the SEC requested a 28-day extension to answer Coinbase’s petition asking for permission to appeal.
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Meanwhile, Argentine lawyer Agustín Rombolá, founder and associate of Rombola Mangione law firm, has filed a separate legal complaint about Milei promoting Libra.
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In other words, “Stick a fork in the SEC’s case against Coinbase, it’s done,” he said.
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https://warpcast.com/jodie7jen/0x101d1df8
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Trump’s order created a crypto working group led by White House AI and crypto czar David Sacks to come up with a legal framework for crypto and stablecoins, along with studying the possible creation of a national crypto stockpile.
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https://warpcast.com/ellalo4bel/0x4e37ed80
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Following the launch of the LIBRA token on Feb. 15, the 0xcEA wallet once again sniped LIBRA, clearing $6M in profit. This was also done again using multiple side addresses funded via crosschain transfer protocols from wallets on Arbitrum and Avalanche.
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The LIBRA memecoin was endorsed by President Milei immediately after launch. However, the event rapidly turned into a financial catastrophe after insiders reportedly cashed out over $107 million, wiping out nearly 94% of the token’s value in less than four hours.
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Retirement funds and treasuries in California, Florida, Wisconsin, and North Carolina have the most exposure to Strategy, observed Bitcoin analyst Julian Fahrer on Feb. 17.
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California’s teacher retirement fund has the largest holdings in Michael Saylor’s business intelligence software firm, with 285,785 shares worth around $83 million at the time of the Form 13F filing with the US Securities and Exchange Commission on Feb. 14.
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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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