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@yjk

2074 Following
583 Followers


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world, i was
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Busy has value, idle has taste @ftiioma2
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@yjk Travis Hill, interim chairman of the Federal Deposit Insurance Corporation (FDIC), recently admitted in a speech that the agency has "de banked" cryptocurrency companies. He pointed out that there are indeed some companies related to cryptocurrency that have lost banking services without any explanation and called this practice "unacceptable". Travis Hill further stated that "the long-term goal of the FDIC is to reduce the number of people without bank accounts, and depriving law-abiding customers of bank accounts is unacceptable." He also emphasized that the Federal Deposit Insurance Corporation must ensure that no staff member exerts pressure on banks to abandon law-abiding customers. In addition, he criticized the FDIC's current attitude towards cryptocurrency, stating that the agency is too cautious and stifles innovation. It is reported that the leadership transition of FDIC is expected to begin on January 20th. @ftihvb
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@yjk According to Cointelegraph, cryptocurrency research firm CoinShares stated in a blog post on January 10th that establishing a reserve bank in the United States will accelerate the adoption of Bitcoin, even faster than the launch of exchange traded funds (ETFs) in 2024. In 2024, US lawmakers proposed the Bitcoin Act, which would instruct the US Treasury Department to purchase 1 million BTC within 5 years to establish a 'strategic Bitcoin reserve'. President elect Donald Trump approved the plan, but it has not yet been passed into law. CoinShares stated, "We believe that the enactment of the US Bitcoin Act will have a more profound long-term impact on Bitcoin than the launch of ETFs." CoinShares stated that "multiple interactions with institutional clients" indicate that Bitcoin's "reputation" as an asset class remains a major obstacle for institutions to adopt BTC. @oftegkc
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Girls are born beautiful @fits
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Former US prosecutor and cryptocurrency advocate John Deaton has proposed that the Trump administration launch an investigation into the Operation Chokepoint 2.0 program. This is an unconfirmed plan that reportedly attempts to remove cryptocurrency companies from the traditional banking system. @drivenbyboredom
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According to Arkham's monitoring, about 2 hours ago, Grayscale Digital Large Cap Fund transferred approximately 691.431 BTC (worth $67.86 million) to an address starting with bc1qx and 399.191 ETH (worth $1.44 million) to an address starting with 0x35e; In addition, 70.911 BTC worth $6.93 million flowed into the Grayscale Bitcoin Mini Trust Fund from the Coinbase Prime hot wallet address this morning. @drivenbyboredom @sewage
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Ordinary human sample @ftiioma @sdenike
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According to the official governance page, the FraxFinance community has initiated a proposal to introduce USTB as collateral and custodial asset for frxUSD, proposing to introduce USTB, the short-term US government securities fund of Superstate, as the reserve behind the stablecoin, providing stability, liquidity, and treasury yields. USTB is a tokenized (ERC-20) fund that provides investors with short-term exposure to US Treasury bonds. The investment objective of USTB is to seek current income consistent with liquidity and principal stability, with the goal of returns consistent with the federal funds rate. The proposal aims to introduce USTB as collateral asset, with an initial cap of $100 million. The voting has started and will end on January 1st next year. @ortus
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Girls are born beautiful @drip
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ETFStore President NateGeraci posted on social media that ProShares has submitted documents for S&P500, Nasdaq 100, and Bitcoin denominated gold ETFs, which are essentially composed of long positions in underlying stocks or gold, and then short US dollars/long Bitcoin positions using Bitcoin futures. In my personal opinion, it belongs to the category of "BTC hedge ETF". @yogy
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Slow and steady in love @seizersalad
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Argentine President Millet forwarded a response to KIP co-founder and CEO Julian's tweet, welcoming KIP's investment and promotion of AI development in Argentina and Latin America. After the one-on-one talks between the two sides in September, Millai publicly interacted with KIP again on social media, expressing her recognition and strong support for KIP. This is also the first Web3 project besides Meme, which has won the favor and interaction of international presidents multiple times. KIP is a Web3 infrastructure built for AIApp developers, model makers, and data owners, allowing for easy deployment and monetization of AI assets while retaining full ownership. It is reported that KIP has announced that it will conduct TGE on KuCoin, Gate.io, and BingX at 10am on December 10th (Beijing time). @drfred
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According to official announcements, KuCoin is now open for HYPE recharge, and users can enjoy a 50 USDT commission discount by activating their recharge address before 4:00 UTC on December 31st. Hyperliquid is a Layer 1 blockchain optimized for high-performance financial applications, capable of processing 100000 orders per second with block latency of less than 1 second. @ftiioma
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Bitwise CEO Hunter Horsley wrote on X, "I don't think being bearish on ETH will last long. That doesn't mean you can't be bullish on other L1. I think the answer is a combination of both: the L1 category will grow significantly. The success of one side doesn't require the decline of the other @yithdgg
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Abcoin exchange recently announced that it will issue BIGTIME tokens equivalent to 30000 USDT to active users who actively trade on the platform on December 3rd. Users can participate in this airdrop activity by increasing their trading activity. Please refer to the official announcement for specific rules and details. As a digital asset trading platform dedicated to user experience and fund security, Abcoin adopts third-party custody and multiple security measures to ensure the security of user funds and the transparency of transactions. @fiygbn
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Elon Musk confirmed in response to a social media post featuring a dollar sign icon on podcast giant Joe Rogan's profile that X is preparing to launch a remittance feature in its XPayments service. This feature is part of Musk's strategy to transform X into a "everything app" similar to WeChat. XPayments LLC has obtained remittance licenses in most states in the United States (excluding New York), laying the foundation for integrating payment services on the platform. The planned peer-to-peer trading function aims to increase user engagement by implementing direct remittance within the platform. Although the details regarding the potential integration of cryptocurrency assets have not been confirmed, given Musk's long-standing support for Dogecoin, the community speculates that the cryptocurrency may be included. @ygorpicolino
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Girls are born beautiful @drunky
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According to Bitcoin.com, the Australian Treasury has invited the public to provide feedback on the implementation of the Organization for Economic Cooperation and Development's (OECD) cryptocurrency asset reporting model. In a consultation document released on November 21st, the Ministry of Finance stated that implementing the CARF developed by the Organization for Economic Cooperation and Development (OECD) will "complement the government's efforts to enhance tax transparency." The document will explore the policy advantages of incorporating the OECD model into domestic tax laws and consider an implementation timetable that can minimize compliance costs. It is reported that the rapid growth of the cryptocurrency market has posed challenges for governments in terms of tax evasion and avoidance. To address this issue, the OECD has developed CARF, aimed at improving international tax transparency by ensuring that encrypted related information is reported in a standardized manner.
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Listening to the wind and feeling the warmth of life @dromsjel
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