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The SEC dropped its lawsuit against crypto exchange Kraken on March 3, which followed a raft of other dismissals, which reportedly included non-fungible token (NFT) conglomerate Yuga Labs on the same day and crypto exchange Gemini on Feb. 26.
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The action was dropped on Feb. 27, when the SEC agreed to voluntarily dismiss all litigation tied to Coinbase and Coinbase Global with prejudice, ending the case permanently.
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Sacks was appointed White House Crypto and AI and Czar on Dec. 6, 2024, to “work on a legal framework so the Crypto industry has the clarity it has been asking for, and can thrive in the U.S.,” Trump wrote in the announcement.
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The summit will be chaired by Sacks and administered by Bo Hines, the executive director of the Working Group.
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“The Safe(Wallet) team has fully rebuilt, reconfigured all infrastructure, and rotated all credentials, ensuring the attack vector is fully eliminated,” the announcement said.
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If its current price holds, HK Asia’s stock could be set to close above its June 2019 all-time high of 6.50 Hong Kong dollars (84 cents), with its share price already up 1,700% so far this year.
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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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In a policy paper published on Feb. 15, Leithner outlined a 10-step strategy to transform the EU’s Capital Markets Union (CMU) into a Savings and Investments Union (SIU), with a central bank digital currency (CBDC) at its core.
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Leithner sees the launch of a permanent CBDC as a key element of the EU’s digital agenda and as a crucial component of its financial strategy.
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The CEO of German securities marketplace Deutsche Börse, Stephan Leithner, is calling for financial reforms in the European Union, including establishing a permanent digital euro to strengthen the region’s financial autonomy.
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There have been concerns over the concentration of 80% of the tokens in a single wallet.
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Moonshot, the platform Trump pointed his followers to for purchasing the memecoin, reported more than 200,000 new onchain users since the token launched.
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“It’s a gratuitous cash grab, not sure how anyone can argue against that,” Melker said while pointing out that insiders sniping the supply at launch means they hold 80% of the supply.
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“Polkadot Blockchain Academy is committed to bridging this gap, ensuring that decision-makers have the resources they need to craft practical policies that foster innovation while maintaining safeguards, Hill added.
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Scott Melker, aka “The Wolf of All Streets,” said in a Jan. 18 X post that Trump’s memecoin is a significant benefit for crypto but “bad for humanity.” Melker added:
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“No-one wants to hear from the bears right now. Trump 2.0 is already a sugar rush and he hasn’t even started his Presidency yet,” Hundal said. He added:
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https://warpcast.com/browncathy7611/0x36a1c1e8
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Although TRUMP has shown how high and quickly demand for crypto can surge, Hundal said that the “true value” of Trump’s presidency will depend on the “long-term environment it creates.”
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