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🇺🇸 Yesterday, the SEC released guidance stating that asset-backed stablecoins are not considered securities — as long as they do NOT generate income.
Earlier, it was reported that lawmakers view stablecoins primarily as a payment system, not an investment product.
This reinforces the broader regulatory direction: treating the sector as part of financial infrastructure rather than as securities.
@DeCenterOrg
Earlier, it was reported that lawmakers view stablecoins primarily as a payment system, not an investment product.
This reinforces the broader regulatory direction: treating the sector as part of financial infrastructure rather than as securities.
@DeCenterOrg
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🎰 The scam project ZKasino, which was trading with funds that were supposed to be returned to users, closed a 20x leveraged long position on Ethereum on Hyperliquid, incurring a total loss of $27 100 000.
@DeCenterOrg
@DeCenterOrg
@DeCenterOrg
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In the near term, increased volatility is expected.
@DeCenterOrg
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🇪🇺 The European regulator has warned that cryptocurrency poses a threat to financial stability:
🔴 ESMA believes that the growth of the crypto market and its ties to traditional finance carry significant risks.
🔴 According to the agency’s head, “there are no safe crypto-assets.”
🔴 Stricter regulation may be necessary.
🔴 Crypto currently makes up just 1% of global financial assets, but its influence is rapidly growing.
🔴 Key threats include stablecoins, hacks, fraud, and high-profile collapses.
@DeCenterOrg
@DeCenterOrg
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🇨🇳 There are rumors circulating online that China is selling off U.S. Treasury bonds and buying Bitcoin.
@DeCenterOrg
@DeCenterOrg
🌏 The World Food Program USA, a nonprofit organization within the UN system, has begun accepting donations in more than 80 cryptocurrencies.
The call for new donations came after the Trump administration halted funding for the UN’s urgent humanitarian initiatives aimed at providing food aid to the world’s poorest countries.
@DeCenterOrg
The call for new donations came after the Trump administration halted funding for the UN’s urgent humanitarian initiatives aimed at providing food aid to the world’s poorest countries.
@DeCenterOrg
According to eyewitnesses, “fights break out regularly, and stabbings are not uncommon” in this facility.
@DeCenterOrg
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🇵🇭 "Artificial intelligence" turned out to be a crowd of Filipinos
The startup Nate marketed itself as an AI-powered online shopping assistant — the promise was that a neural network would automatically fill in all checkout fields at the click of a button.
In reality, the "AI" was actually a team of people: dozens of Filipinos manually carried out all the tasks instead of an algorithm.
Despite this, Nate managed to raise over $50 million in investments since its founding in 2018.
@DeCenterOrg
The startup Nate marketed itself as an AI-powered online shopping assistant — the promise was that a neural network would automatically fill in all checkout fields at the click of a button.
In reality, the "AI" was actually a team of people: dozens of Filipinos manually carried out all the tasks instead of an algorithm.
Despite this, Nate managed to raise over $50 million in investments since its founding in 2018.
@DeCenterOrg
At the same time, the exchange is exploring a potential deal with the Trump family's crypto project, WLFI — a move that could bring in billions through increased circulation of the USD1 stablecoin.
Meanwhile, CZ has agreed to cooperate with the DOJ and testify about Justin Sun as part of a plea deal.
Sun denies the rumors, calling CZ a mentor and highlighting that the DOJ has always been a "close partner" of his projects.
@DeCenterOrg
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