Blockchain DXB: 🔴 05th March 🔴 🟠Trump Tariffs & Crypto💯 USDC in Japan 🚨Michael Saylor - BTC Market cap $200 T ❗SEC clears Yuga Labs ❗SEC to Drop Kraken lawsuit
Blockchain DXB
Shownotes Transcript
🟠Trump Tariffs & Crypto💯 USDC in Japan 🚨Michael Saylor - BTC Market cap $200 T ❗SEC clears Yuga Labs ❗SEC to Drop Kraken lawsuit
🟠 President Donald Trump has implemented and proposed several tariff actions aimed at addressing trade imbalances, national security, and issues like illegal immigration and drug trafficking.
We strongly recommend checking The Whitehouse website for updated informaiton on Tariffs, Executive actions, Fact sheets and news. https://www.whitehouse.gov/)
🎙️ Check out the Blockchain DXB) episode today we discuss how imposing tariffs can benefit the U.S. in several ways:
Protecting Domestic Industries
Reducing Trade Deficits
Enhancing National Security
Encouraging Fair Trade Practices
Boosting Government Revenue
Strengthening Domestic Innovation
💯Circle) CEO Jeremy Allaire) mentioned via X/ Twitter https://rb.gy/67rlgl) that USDC becomes the first and only global dollar stablecoin to become approved for use in Japan! SBI VC Trade s now a registered Electronic Payments Provider under JFSA’s new framework and they plan to be the first to list USDC in the market! A major step forward for trusted, fully reserved digital dollars in a regulated market.
🌟 Michael Saylor shared his prediction in a March 3 interview with CNBC), stating that Bitcoin’s market cap will grow from $2 trillion to $200 trillion as global capital flows into crypto. He discussed Bitcoin’s role in a potential U.S. crypto reserve, emphasizing its economic benefits alongside other digital assets. Saylor argued that Bitcoin competes with global investments rather than the U.S. dollar and could help reduce national debt. He pointed to Microstrategy’s gains, reinforcing Bitcoin’s long-term value. Interview here https://shorturl.at/3NpEd)
🚨 SEC Ends 3-Year Probe Into Yuga Labs
The company that created the Bored Ape Yacht Club) (BAYC) NFTs, Yuga Labs, is celebrating a significant court win. Without pursuing any enforcement measures, the U.S. Securities and Exchange Commission) (SEC) has formally concluded its investigation into the company. Official info here https://shorturl.at/9pLeM)
🚨A win for fairness - The end of a politically motivated campaign
- The SEC has dismissed its case against Kraken Digital Asset Exchange) with prejudice, meaning it cannot be reopened. The decision imposes no penalties, requires no changes to Kraken’s business, and includes no admission of wrongdoing by the company.Karken appreciates the new leadership at the White House and the Commission that led to this change. Their bold and thoughtful leadership will lead to a new era of U.S. crypto innovation. Official blog here https://shorturl.at/mbpnd)
🟠Two UAE news
⚡MarTech) Company AiVANTA) Expands to Dubai, Bringing AI-powered Personalized Video Solutions to the UAE
⚡Qatar Research, Development and Innovation (QRDI) Council) Conclude Web Summit Qatar with MoU signings and Rising Innovators Award
For slides click here: https://shorturl.at/2PPJn)
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