Forex with sidd
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@siddxforexx

FOREX TRADER 🕸️

Converting skills into dollars 💸 🧞‍♂️

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We also provide forex signals with accuracy of more than 80% 💀💀
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SEC Recognizes DeFi as the “American Dream”

What the crypto community has waited for years finally happened.

New SEC Chair Paul Atkins didn’t just give DeFi the green light — he called decentralized finance the embodiment of the “American spirit.”

Markets reacted with a modest rally, and now is the perfect time to break down what’s really going on:

- The SEC officially acknowledged that staking, open-source code development, and self-custody are not securities activities. This is now the official position of the SEC.

- Instead of trying to force old laws onto new technology, the regulator will create separate rules tailored specifically for blockchain projects.

- DeFi projects can now legally launch in the U.S. without facing endless legal battles or regulatory threats.

But most importantly — this isn’t just talk. The SEC has promised to codify these principles into law, potentially including tax breaks for new DeFi products.

What Comes Next?

Trump’s vision of making America the “crypto capital of the planet” isn’t just a passing trend — it’s a long-term strategy. And regulating DeFi is a key part of that plan.

The SEC now sees DeFi as a tool to “eliminate economic friction, improve capital efficiency, enable new financial products, and boost liquidity.” That means the integration of crypto into traditional finance will continue accelerating.

DeFi is no longer just an alternative to traditional finance — it’s becoming its natural evolution. Get ready for DeFi products from JPMorgan and Goldman Sachs.
EU to Sanction Chinese Banks Over Russia Trade

The European Union is preparing to impose sanctions on two small regional Chinese banks suspected of using cryptocurrency transactions to facilitate the import of goods already restricted under existing EU sanctions against Russia.

While the names of the banks have not been disclosed, reports indicate that the EU plans to target banks located near China’s border with Russia.

Little by little, they will guide China and others to a point of "nothing to lose".
Gold Overtakes the Euro in Central Bank Reserves

The European Central Bank has released new data showing that gold now makes up 20% of global official reserves, surpassing the euro (16%) and trailing only the U.S. dollar (46%).

“Central banks continued to accumulate gold at record pace,” the ECB reported, noting that in 2024, central banks purchased over 1,000 tons of gold for the third consecutive year — accounting for one-fifth of annual global production and double the average volume seen in the 2010s.

According to the World Gold Council, major buyers in 2024 included India, China, Turkey, and Poland.

Rising gold prices — up 30% in 2024 — were among the key factors driving its increased share in global currency reserves. So far this year, gold prices have climbed another 27%, hitting a historic high of $3,500 per troy ounce.
Der Spiegel: Russian Exports Rose Nearly 20% in 2024 Despite 17 EU Sanction Packages

According to a report by *Der Spiegel*, Russia significantly expanded trade with Global South nations, including India and China, which became key buyers of Russian oil and gas. These countries helped drive export revenues to $330 billion.

Trade with Western nations like Germany, Italy, and the U.S. fell by 92%, but against this backdrop, Hungary, Brazil, Turkey, and Israel increased their purchases of Russian goods. This shift has allowed Russia to adapt to sanctions and successfully enter new markets.
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What’s your wallet