Another ringing endorsement of cryptocurrency:
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Another ringing endorsement of cryptocurrency:
El Salvador Abandons Bitcoin as Legal Tender After Failed Experiment
El Salvador Abandons Bitcoin as Legal Tender After Failed Experiment
Understand the implications of Bitcoin's downfall in El Salvador. Learn about the failed economic bet and its impact on the country's financial stability.
The Tico Times | Costa Rica News | Travel | Real Estate (ticotimes.net)
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J [email protected] shared this topic
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replied to BrianKrebs last edited by
@briankrebs
Hmm, čo budú teraz cryptobros papagájovať ako propagandu? Tipnem si - BTC atakuje 100K, tak nemám závidieť a držať hubu, lebo tomu nerozumiem.
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K [email protected] shared this topic
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replied to BrianKrebs last edited by
@briankrebs Who'd a thunk it?
Gobsmacked.
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replied to BrianKrebs last edited by
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replied to BrianKrebs last edited by
@briankrebs But, SHITCOINS!
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E [email protected] shared this topic
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replied to BrianKrebs last edited by [email protected]
It's probably worth noting that the NYT and other publications say the Securities and Exchange Commission is now moving to scale back a special unit of more than 50 lawyers and staff members that had been dedicated to bringing crypto enforcement actions.
Meanwhile, the Trump family is deeply and personally invested in a number of recent memecoin ventures that have attracted billions from investors. President Trump and First Lady Melania Trump each launched their own vanity memecoins last month, dubbed $TRUMP and $MELANIA.
The Wall Street Journal reported recently that the market capitalization of $TRUMP stood at about $7 billion, down from a peak of near $15 billion, while $MELANIA is hovering somewhere in the $460 million mark. Just two months before the 2024 election, Trump’s three sons debuted a cryptocurrency token called World Liberty Financial.
Bloomberg writes that ten days after the Trump/Melania memecoins were launched, an application was filed with the SEC to issue leveraged exchange-traded funds on the coins. "This is precisely what sensible regulation should prevent, letting insubstantial projects into the regulated financial system to extract money from bubble-chasing speculators. People who want to gamble should do it without the false flag of SEC protection; people with real economic projects should raise capital from informed investors with full disclosure."
Trump Coin ETFs Are Exactly What the SEC Should Prevent
Allowing exchange-traded funds that magnify exposure to the first family’s memecoins would take crypto oversight in the wrong direction.
Bloomberg.com (www.bloomberg.com)
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G [email protected] shared this topic
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replied to BrianKrebs last edited by
