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cover of episode 🤖AI Takeover 🤖 ChatGPT 🚨 FOMC Holds Rates | 🔮 Trump’s Truth.Fi | 🔴 USDT Delisting | 🏦 Czech Bank Eyes Bitcoin | 👨🏼‍⚖️ Gensler Back at MIT | 🟠 UAE Crypto Moves

🤖AI Takeover 🤖 ChatGPT 🚨 FOMC Holds Rates | 🔮 Trump’s Truth.Fi | 🔴 USDT Delisting | 🏦 Czech Bank Eyes Bitcoin | 👨🏼‍⚖️ Gensler Back at MIT | 🟠 UAE Crypto Moves

2025/1/30
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Blockchain DXB

Shownotes Transcript

🎙️ AI-Generated Podcast by Blockchain DXB🚀 Powered by Notebook LM by Google

🚨 FOMC - Interest Unchanged🔮 Trump Media - Truth.Fi🔴 Crypto.com Delists USDT in EU🏦 Czech National Bank Considers Bitcoin Reserves👨🏼‍⚖️ Gary Gensler Returns to MIT🟠 Two Major UAE Crypto Developments

- The Federal Reserve Board has decided to maintain the federal funds rate at 4.25% - 4.5%.

- The Fed will continue reducing its holdings of Treasury and mortgage-backed securities.

- Fed Chair Jerome Powell emphasized that banks can serve Bitcoin and crypto without restrictions.

- What does this mean for Bitcoin and the broader crypto market? We share our in-depth analysis in this episode.📌 More details: FOMC Official Statement) 📺 Watch Powell’s Conference on YouTube)

- Trump Media & Technology Group (TMTG) is launching Truth.Fi, an investment initiative with up to $250 million in assets.

- The fund will include SMAs, ETFs, Bitcoin, and crypto, with Charles Schwab advising.

- CEO Devin Nunes calls it an "America-First" financial ecosystem.

- Expected launch: 2025, pending regulatory approvals. 📌 More info: Global Newswire)

- To comply with the Markets in Crypto Assets (MiCA) regulations, Crypto.com will delist Tether’s USDT and nine other assets in the EU.

- Other assets affected: Wrapped Bitcoin (WBTC), PayPal USD, DAI, and staked versions of ETH & SOL.

- Key deadlines:

- Jan 31: USDT purchases suspended.

- Mar 31: Non-compliant assets will be automatically swapped into MiCA-compliant alternatives. 📌 More info: DLNews)

- Governor Aleš Michl suggests allocating 5% of CNB’s reserves (~$7B) to Bitcoin.

- Motivations: Diversification, low bond correlation, and growing institutional interest.

- If approved, CNB could be the first Western central bank to hold Bitcoin. 📌 More info: Reuters)

- Former SEC Chair Gary Gensler has joined MIT Sloan School of Management as Professor of the Practice.

- He will co-direct FinTechAI@CSAIL alongside Professor Andrew W. Lo.

- Focus areas: AI, finance, fintech, and public policy. 📌 More info: MIT Announcement)

- ⚡ Solana Launches Dubai Crypto Economic Zone

- ⚡ Tokinvest & stegx.finance Partner to Revolutionize Tokenized Asset Markets

🎧 Listen now on Blockchain DXB! Stay ahead of the latest crypto trends with our AI-powered insights. 🚀

#BlockchainDXB #Bitcoin #Crypto #FOMC #TruthFi #USDT #CzechNationalBank #GaryGensler #UAEcrypto

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