05th Dec: Blockchain DXB) PodcastđĄPresident Putin praises #BTC) đŁRipple) RLUSD - NO LAUNCHđ¨ VARA's Licensing & Enforcement Notices and Warnings âĄRoger Ver) Seeks Dismissal of charges âĄAlex Mashinsky) Pleads GuiltyđĄRussian President Putin: âNo One Can Ban Bitcoinâ- At the "Russia Calling!" Forum, he highlighted Bitcoinâs resilience, stating, "Who can ban Bitcoin? Nobody," emphasizing its role in reducing costs and increasing reliability in financial transactions. This follows Russia's recent integration of cryptocurrencies into its financial system, including a law recognizing digital assets like Bitcoin as legal property for foreign trade and a crypto tax bill treating them as taxable property.đ¨ Dubai Virtual Assets Regulatory Authority [VARA]) issued a warning note on 29th November https://shorturl.at/qXQZC) We strongly recommend checking the link and following rules & regulations as required. Regulatory notices help protect consumers and businesses operating in Dubai by providing access to essential information about VARA-registered VASPs The following companies have been mentioned- Koto Crypto DMCC domain name https://kotocrypto.com/)- Finchain Payment Service Provider L.L.C. and Finchain Technologies DMCChttps://finchain.tech/)- Crypto Force DMCC https://cryptoforce.me/)- Coincashy) Commercial Brokers L.L.C. https://coincashy.com/)- BTC Bay Payment Services Provider L.L.C. https://btcbay.pro/)- XT.COM Exchange) https://www.xt.com/en)- Genesis Digital Assets Commercial Brokers Co. L.L.C. https://stabit.ae/)đľÂ Ripple) updated via X / Twitter) that $RLUSD, their stablecoin, is not launching today as they await final approval from the New York State Department of Financial Services) They emphasized their commitment to adhering to NYDFS's regulatory standards and will provide updates once they receive approval. https://bit.ly/4gfuZTc) How will the price of XRP react to the delay in launch? Since the last 24hrs, Tether.io) had briefly flipped Ripple)'s XRPđ Bitcoin Jesus Roger Ver), the man who has done more for Bitcoin than anyone else is wrongly accused of criminal charges of tax evasion. His attorney has filed a motion to dismiss criminal charges of tax evasion. Ver was indicted in April by the U.S. Department of Justice) for allegedly failing to pay $50 million in taxes, was arrested in Spain and is fighting extradition to the U.S. Motion here https://shorturl.at/TgHPi)đŁÂ Alex Mashinsky), founder of bankrupt crypto lender Celsius Network, pleaded guilty to commodities fraud and manipulating CEL token prices. He misled customers about regulatory approval and profited $42 million from inflated CEL sales. Celsius filed for bankruptcy in 2022 during a market slump. Mashinsky, who faces up to 30 years in prison, will be sentenced in April 2025.đ Two UAE news (See slides)âĄÂ UAE-based The Binary Holdings) secures $5mln from ABO Digital)âĄÂ Deribit) to launch 1 Jan 2025 as a fully licensed spot and derivatives exchange in Dubai UAE
For slides click here:Â https://shorturl.at/yjuXk)
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