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The exchange is encouraging EEA users to convert non-MiCA-compliant stablecoins into alternatives such as USDC, EURI, or fiat currencies like the euro. However, Binance will continue to support custody for affected stablecoins.
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Still, affected users will still be able to sell their non-MiCA-compliant stablecoins using Binance Convert, the company said.
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Cryptocurrency exchange Binance will delist several stablecoins in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA).
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Today in crypto, Binance announced it will delist nine stablecoins, including USDT and DAI, in Europe on March 31 to comply with MiCA regulations, and United States President Donald Trump announced several assets are set to be included in the US strategic crypto reserve, pushing down Bitcoin dominance below 50%.
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President Trump will host the first White House crypto summit on March 7 to discuss the future of crypto regulatory policy in the United States with industry executives and the Digital Asset Working Group.
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Pierre Rochard, the vice president of research at mining company Riot Platforms, also called out the language of the executive order, which deviated from President Trump’s earlier promises to Bitcoiners.
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“Raise your hand if you think Donald Trump should make the national 'digital asset’ stockpile Bitcoin only,” Walker, host of THE Bitcoin podcast wrote on X.
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Following the Jan. 23 order, Bitcoin maximalists vented their frustration with the vague language of the order and the potential inclusion of other digital assets in the reserve.
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The executive order also banned the research and development of a central bank digital currency (CBDC) in the United States.
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Donald Trump’s memecoin, Official Trump (TRUMP), is down nearly 83% from its peak, while Melania Trump’s token, Melania Meme (MELANIA), is down 93.5% from its high, according to CoinGecko.
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Argentine President Javier Milei promoted the LIBRA token in a now-deleted X post on Feb. 14, which was pitched as a project to help inject liquidity into startups and small businesses in Argentina.
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The decision to acquire a single Bitcoin was greenlighted by the company’s board, which was encouraged by the “increasing popularity of cryptocurrencies in the commercial world.” The purchase is “symbolic in scale and marks a significant step toward aligning with the evolving global financial landscape,” the company said.
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https://warpcast.com/anniert931/0x070deed7
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Moonshot processed nearly $400 million in volume over the past 12 hours, breaking records for fiat on-ramp usage and bringing over 200,000 new users onchain.
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Amid the hype, some on X speculated about a potential “USA coin” as the next project. Eric Trump dismissed these rumors, clarifying that no such project was developing.
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The Bitcoin community has reacted strongly to Trump’s Solana-based memecoin, criticizing it as opportunistic and fundamentally at odds with Bitcoin’s principles.
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On Feb. 12, the firm announced that World ID verification had become available in the Indonesian capital, Jakarta.
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Chinese gaming firm Boyaa Interactive announced that it expects its net profit for 2024 to surge by as much as 640% to 680% compared to 2023, primarily due to gains from its Bitcoin holdings, according to a filing on Feb. 16.
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https://warpcast.com/i82923598/0xd9e7106b
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https://warpcast.com/i82923598/0xd9e7106b
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