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Leithner added that combining various key regulatory frameworks in the EU, such as Markets in Crypto-Assets Regulation (MiCA), the AI Act and the Digital Operational Resilience Act (DORA), “would enable the euro to gain competitive edge at global level.”
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While Leithner sees a permanent digital euro as a critical tool for enhancing the EU’s financial stability, competitiveness and innovation, the policy paper did not elaborate on the technical implementation or regulatory framework.
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https://warpcast.com/g17274677/0x841932ff
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While Leithner sees a permanent digital euro as a critical tool for enhancing the EU’s financial stability, competitiveness and innovation, the policy paper did not elaborate on the technical implementation or regulatory framework.
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Leithner added that combining various key regulatory frameworks in the EU, such as Markets in Crypto-Assets Regulation (MiCA), the AI Act and the Digital Operational Resilience Act (DORA), “would enable the euro to gain competitive edge at global level.”
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There have been concerns over the concentration of 80% of the tokens in a single wallet.
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Arkham Intelligence said, assuming the wallet belongs to Trump, the memecoin pushed up Trump’s net worth to $22 billion overnight.
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On the flip side, others say this is a major positive for token holders.
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Crypto advocate Erik Thoughts said in a Jan. 18 X post that if Trump really owns 80% of the supply, it could make the TRUMP token one of the top three "safest coins" to hold.
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“The majority of the supply is protected from a rug pull by someone who has a vested interest in the coin doing well,” he said.
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TradeZella founder Umar Ashraf said he doesn’t believe that Trump, given his position, should have his own memecoin or even be promoting his own memecoin.
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Moonwell Finance founder Luke Youngblood said it is “bad long term” for the crypto industry.
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However, in an open letter to Coinbase CEO Brian Armstrong, Youngblood still said the crypto exchange should list the token.
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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.”
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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.
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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.
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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.”
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Kwon, alleged to have been involved in the 2022 collapse of the Terra ecosystem, was arrested and jailed in Montenegro for using falsified travel documents in 2023. Authorities from the US and South Korea filed competing petitions to extradite the Terraform co-founder, but Montenegrin authorities did not decide on his legal status until December 2024, when Kwon was handed over to US officials.
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The Terraform co-founder appeared in court on Jan. 2 and pleaded not guilty to all charges, agreeing to be held in detention. It’s unclear whether US authorities will consider a plea deal or intend to move forward with a criminal trial.
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Kwon’s case parallels that of former FTX CEO Sam “SBF” Bankman-Fried — another crypto executive who was subject to another country’s jurisdiction (the Bahamas) before being extradited to the US. In SBF’s case, his lawyers were able to argue a campaign finance charge added to a superseding indictment should be dropped as it was not part of the extradition request.
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