25th July 🐐 President Donald Trump (GOAT) “ A much bigger problem than a recession, We’ll have a depression”
🗣️ 45 has warned that the U.S. economy is facing “a much bigger problem than a recession “We’ll have a depression,” Full video via YouTube here https://bit.ly/3zxIQSx His talk at 3hr19 mins
❓ Where does Bitcoin & Blockchain Fit into this? ❓Time for Separation of Money & the state?
🚫 In Europe, the European Central Bank’s money printing has endangered the Eurozone Bitcoin Magazine has written an article that shares some crucial points
⛔While the article aims to explain why Bitcoin offers an alternative that separates money from the state, the article actually mentions 0 use cases on why Bitcoin is ideal. Another terrible article as it does not mention a single benefit of using bitcoin, instead just focuses on the negatives of fiat currency
💡 Check out Blockchain DXB suggestion on how Bitcoin with few changes would actually serve as a world reserve currency (Still WIP)
💥 CoinGeek has published an article on the US, and EU regulators discussing Mica, stablecoins and Bitcoin regulation at the meeting at the Joint Financial Regulatory Forum Official statement here by U.S. Department of the Treasury https://bit.ly/3cFPFbB
MiCA (Markets in Crypto Assets)is expected to “put an order in the Wild West of crypto assets and set clear rules for a harmonized market that will provide legal certainty for crypto asset issuers, guarantee equal rights for service providers and ensure high standards for consumers and investors.”
🚦 Regulations may be starting soon, in some contexts regulations may be a good thing as long as they protect investors & the general mass at the same time don’t stifle innovation
SEC 🆚 CFTC SEC 🆚 Coinbase employee (Insider trading)
👀 Caroline D. Pham Commissioner of the U.S. Commodity Futures Trading Commission released a statement that Security Exchange Commission allegations could have broad implications beyond this single case, underscoring how critical and urgent it is that regulators work together. This is in relation to three charged in the first-ever cryptocurrency insider trading tipping scheme. Official info released by the U.S. Department of Justice https://bit.ly/3cF7dV6
🚨We strongly recommend reading DOJ release first and then CFTC’s document to get an accurate assessment of what is going on
🎙️ Check slides for market info & podcast for a detailed explanation on it Podcast links here:
Anchor: https://bit.ly/3Po8eio Spotify: https://spoti.fi/3y3Fapq iTunes: https://apple.co/3u4Iak7 Google: https://bit.ly/3ysvrL0
UAE news: Check slides
For slides click here: https://bit.ly/3BdMthy
Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795
Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6
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