3 days ago
Russia Will Establish Cross-Border Cryptocurrency Payment Regulations By November
Anatoly Aksakov, Chairman of the State Duma's Financial Markets Committee, announced that the Russian Central Bank and Ministry of Finance are working on regulations for cross-border cryptocurrency payments. The government aims to finalize these regulations by the end of November.
Initially, the Russian government will test the cryptocurrency payment mechanism under an experimental legal regime (ELR). This means only selected participants, such as credit institutions and banks, will be involved in the process. The goal is to minimize risks and develop regulations to protect the market from fraud. Aksakov noted that companies are already using cryptocurrencies for import and export payments, with transaction volumes expected to reach billions of dollars. He emphasized the need to limit the number of financial institutions participating in the initial phase to better understand the market and develop effective regulatory measures.
Anatoly Aksakov, Chairman of the State Duma's Financial Markets Committee, announced that the Russian Central Bank and Ministry of Finance are working on regulations for cross-border cryptocurrency payments. The government aims to finalize these regulations by the end of November.
Initially, the Russian government will test the cryptocurrency payment mechanism under an experimental legal regime (ELR). This means only selected participants, such as credit institutions and banks, will be involved in the process. The goal is to minimize risks and develop regulations to protect the market from fraud. Aksakov noted that companies are already using cryptocurrencies for import and export payments, with transaction volumes expected to reach billions of dollars. He emphasized the need to limit the number of financial institutions participating in the initial phase to better understand the market and develop effective regulatory measures.
25 days ago
💬 "The time has come"
"There are good reasons to believe that the economy will return to 2% inflation while maintaining a strong labor market"
These are the words of Jerome Powell, chairman of the FED
"There are good reasons to believe that the economy will return to 2% inflation while maintaining a strong labor market"
These are the words of Jerome Powell, chairman of the FED
25 days ago
FED chair Powell confirms September rate cut, rallying stocks and cryptos, stating,
'The time has come for policy to adjust.'
'The time has come for policy to adjust.'
2 months ago
(E)
⚡️Trump promises SPACE growth for crypto! The ex-president is rocking out at the Bitcoin 2024 conference - “bitcoin will overtake gold in capitalization,” and the United States will become the crypto capital of the world.
Trump’s first decision will be to fire the chairman of the SEC (Securities and Exchange Commission) - it is this organization that is stopping the development of crypto business in the world.
Secondly, the government will stop selling confiscated bitcoins and create a powerful strategic reserve of cryptocurrencies. This will lead to insane growth!
The USA, as usual, is doing everything right, while many other countries are “chewing snot”. After all, that’s why they are capitalists 👍💪🏻
Crypto investors, waiting for takeoff #crypto #Bitcoin #trump #tokens #info
Trump’s first decision will be to fire the chairman of the SEC (Securities and Exchange Commission) - it is this organization that is stopping the development of crypto business in the world.
Secondly, the government will stop selling confiscated bitcoins and create a powerful strategic reserve of cryptocurrencies. This will lead to insane growth!
The USA, as usual, is doing everything right, while many other countries are “chewing snot”. After all, that’s why they are capitalists 👍💪🏻
Crypto investors, waiting for takeoff #crypto #Bitcoin #trump #tokens #info
2 months ago
Daily Memecoin Recap - August 1
Can't believe we're already in August
Only 5 months left in the year, make them count
Runners Of The Day
$144p -> hit $5 .8m, 144p quality picture of a dog, blurry picture, CTO
$nib -> hit $2 .25m, CTO, baby chicken meme
$144p -> hit $425k , cat beta of $144p (dog version)
Harry Potter Meta
$gryff -> hit $764k , Gryffindor, one of the four Hogwarts houses
$sly -> hit $750k , Slytherin
$raven -> hit $600k , Ravenclaw, blknoiz06's pick out of the four houses
$huffle -> hit $320k , Hufflepuff
High Market Cap Plays
$scf -> $67m to $121 .7m (1.81x), smoking chicken fish wicks a new ATH
$fwog -> $18 .5m to $42 .8m (2.3x), community relaunch supported by the artist of the first one where dev rugged,
$neiro -> $4 .2m to $16 .1m (3.8x), Kabosu's brother
Political Meta
$coconut -> $1 .05m to $7 .79m (7.42x), based on what KamalaHarris
has said in a conference, content is good
$dtc -> hit $300k , "Trump Classic", oldschool pics of realDonaldTrump
Zoomer Memes
$gay -> $439k to $3 .9m (8.9x), pushed by ansem & friends
$ss -> hit $940k , "Shooters Shoot", based on the Turkish viral shooter at the Olympics
$dikec -> hit $789k , "Cool Turkish Hitman"
$gfn -> hit $460k , "Green Fn", tiktok meta
Cat Memes
$onigiri -> $225k to $1 .8m (8x), $doge family meta
$floated -> hit $760k , "Floated Cat"
$car -> hit $270k , cute cat
Dog Meta
$sob -> hit $680k
$stucky -> hit $210k , dog stuck under a chair
Other Cooks
$n64 -> hit $1 .2m, nintendo 64 meme, "cat poop joystick"
$pepe -> hit $850k , another $pepe on sol
$pickle -> hit $795k , literally just a pickle, lots of whales aped
$suhc -> hit $500k , "Smoking Used Honda Civic"
$punpun -> hit $398k , makes me lose brain cells type of meme = bullish, silly bird
$cob -> hit $280k , corn meme
$gub -> hit $256k , CTO, bullfrog
$oof -> hit $200k , "out of funds"
The market was not the best today, partly due to the fact that $sol decreased to $158 from a high of $193
Stack the small wins
Can't believe we're already in August
Only 5 months left in the year, make them count
Runners Of The Day
$144p -> hit $5 .8m, 144p quality picture of a dog, blurry picture, CTO
$nib -> hit $2 .25m, CTO, baby chicken meme
$144p -> hit $425k , cat beta of $144p (dog version)
Harry Potter Meta
$gryff -> hit $764k , Gryffindor, one of the four Hogwarts houses
$sly -> hit $750k , Slytherin
$raven -> hit $600k , Ravenclaw, blknoiz06's pick out of the four houses
$huffle -> hit $320k , Hufflepuff
High Market Cap Plays
$scf -> $67m to $121 .7m (1.81x), smoking chicken fish wicks a new ATH
$fwog -> $18 .5m to $42 .8m (2.3x), community relaunch supported by the artist of the first one where dev rugged,
$neiro -> $4 .2m to $16 .1m (3.8x), Kabosu's brother
Political Meta
$coconut -> $1 .05m to $7 .79m (7.42x), based on what KamalaHarris
has said in a conference, content is good
$dtc -> hit $300k , "Trump Classic", oldschool pics of realDonaldTrump
Zoomer Memes
$gay -> $439k to $3 .9m (8.9x), pushed by ansem & friends
$ss -> hit $940k , "Shooters Shoot", based on the Turkish viral shooter at the Olympics
$dikec -> hit $789k , "Cool Turkish Hitman"
$gfn -> hit $460k , "Green Fn", tiktok meta
Cat Memes
$onigiri -> $225k to $1 .8m (8x), $doge family meta
$floated -> hit $760k , "Floated Cat"
$car -> hit $270k , cute cat
Dog Meta
$sob -> hit $680k
$stucky -> hit $210k , dog stuck under a chair
Other Cooks
$n64 -> hit $1 .2m, nintendo 64 meme, "cat poop joystick"
$pepe -> hit $850k , another $pepe on sol
$pickle -> hit $795k , literally just a pickle, lots of whales aped
$suhc -> hit $500k , "Smoking Used Honda Civic"
$punpun -> hit $398k , makes me lose brain cells type of meme = bullish, silly bird
$cob -> hit $280k , corn meme
$gub -> hit $256k , CTO, bullfrog
$oof -> hit $200k , "out of funds"
The market was not the best today, partly due to the fact that $sol decreased to $158 from a high of $193
Stack the small wins
2 months ago
Daily Memecoin Recap - July 31
New month starts today, lock in as the market starts to heat up!
The World's Most Popular Plastic Chair
$chair -> hit $16 .5m, good liquidity to mc ratio, literally just a chair
Makenowmeme launch
$iq -> hit $11m , popular bell curve meme, first coin launched on makenowmeme
$cto -> hit $8m , launched by RaydiumProtocol
using makenowmeme
- This platform lets anyone create a memecoin just by tweeting something on X
Solana Drops A Promo Vid
$pfi -> hit $7 .5m, in the video, they say they're going to drop a token (satire) called PredatorFi, solana
$bol -> hit $2 .6m, whales involved
Multi-Million Dollar Runners
$gay -> hit $9 .9m, "The Gayest Token on Solana"
$bowo -> hit $6m , "book of wojak"
$baller -> hit $4 .6m
$halo -> hit $2m , cat meme, $holly relaunch with the cat's real name
$win -> hit $1 .7m
Fwog Holding Nicely
$fwog -> $12 .2m to $31 .4m (2.57x), CTO after dev rugged the initial coin, community relaunch by the artist
Influencer Backed Community Token
$trans -> hit $300k , "Trans Gorlock the Final Boss", token based on a viral influencer, team was allegedly in contact with her
Dog Meta
$ken -> $144k to $1 .2m (8.3x), ken chan is another dog from the kabosu dog family, he's their first dog
$ken -> hit $1 .3m, fresh launch
$bill -> hit $860k
$sob -> hit $390k , CTO, "Son Of A Bulldog"
$ken -> hit $260k , OG one, over 2 months old
Cat Memes
$onigiri -> hit $2 .2m, sister of $doge & $ginnan
$ufo -> hit $250k , ufo cat
Zoomer Meta
$skill -> $400k to $1 .58m (3.95x), "skill issue", CTO
$iq -> hit $11m , popular bell curve meme
$pookie -> hit $5m
$zesty -> hit $4m , "feeling cute", old coin that was dead, pushed by some of ansem's friends & other KOLs
$cbtm -> hit $1m , "could be the move"
$ttyl -> hit $300k , "talk to you later"
More Cooks
$pookie -> hit $870k , "Pookie: The Plastic Penguin", decent team
$gwilla -> hit $480k , gorilla meme
$n64 -> hit $300k , "cat poop joystick", nintendo 64
$dikec -> hit $290k , based on viral turkish man in the olympics, "cool turkish hitman"
$sol decreased today, but there was still plenty of volume for memes
What's your gameplan for tomorrow?
New month starts today, lock in as the market starts to heat up!
The World's Most Popular Plastic Chair
$chair -> hit $16 .5m, good liquidity to mc ratio, literally just a chair
Makenowmeme launch
$iq -> hit $11m , popular bell curve meme, first coin launched on makenowmeme
$cto -> hit $8m , launched by RaydiumProtocol
using makenowmeme
- This platform lets anyone create a memecoin just by tweeting something on X
Solana Drops A Promo Vid
$pfi -> hit $7 .5m, in the video, they say they're going to drop a token (satire) called PredatorFi, solana
$bol -> hit $2 .6m, whales involved
Multi-Million Dollar Runners
$gay -> hit $9 .9m, "The Gayest Token on Solana"
$bowo -> hit $6m , "book of wojak"
$baller -> hit $4 .6m
$halo -> hit $2m , cat meme, $holly relaunch with the cat's real name
$win -> hit $1 .7m
Fwog Holding Nicely
$fwog -> $12 .2m to $31 .4m (2.57x), CTO after dev rugged the initial coin, community relaunch by the artist
Influencer Backed Community Token
$trans -> hit $300k , "Trans Gorlock the Final Boss", token based on a viral influencer, team was allegedly in contact with her
Dog Meta
$ken -> $144k to $1 .2m (8.3x), ken chan is another dog from the kabosu dog family, he's their first dog
$ken -> hit $1 .3m, fresh launch
$bill -> hit $860k
$sob -> hit $390k , CTO, "Son Of A Bulldog"
$ken -> hit $260k , OG one, over 2 months old
Cat Memes
$onigiri -> hit $2 .2m, sister of $doge & $ginnan
$ufo -> hit $250k , ufo cat
Zoomer Meta
$skill -> $400k to $1 .58m (3.95x), "skill issue", CTO
$iq -> hit $11m , popular bell curve meme
$pookie -> hit $5m
$zesty -> hit $4m , "feeling cute", old coin that was dead, pushed by some of ansem's friends & other KOLs
$cbtm -> hit $1m , "could be the move"
$ttyl -> hit $300k , "talk to you later"
More Cooks
$pookie -> hit $870k , "Pookie: The Plastic Penguin", decent team
$gwilla -> hit $480k , gorilla meme
$n64 -> hit $300k , "cat poop joystick", nintendo 64
$dikec -> hit $290k , based on viral turkish man in the olympics, "cool turkish hitman"
$sol decreased today, but there was still plenty of volume for memes
What's your gameplan for tomorrow?
2 months ago
🗣️🇺🇸 Donald Trump live at the conference #Bitcoin2024
🔹 Donald Trump says that #Bitcoin will probably one day surpass the gold marketcap.
🔹 “The United States will be the crypto capital of the planet and the bitcoin superpower of the world.”
🔹 “Bitcoin is going to the moon,” and I want America to lead the way.
🔹 “On day one, I will fire Gary Gensler and appoint a new SEC chairman. »
🔹 “Bitcoin does not threaten the US dollar. US government policies threaten the US dollar. »
🔹 “I will stop the US government from selling seized bitcoin”
🔹 “If I am elected, my administration will hold 100% of the #Bitcoin that our country currently has, which will serve as a strategic national stockpile.”
🔹 “America will become the power of Bitcoin mining”
🔹 Donald Trump says that #Bitcoin will probably one day surpass the gold marketcap.
🔹 “The United States will be the crypto capital of the planet and the bitcoin superpower of the world.”
🔹 “Bitcoin is going to the moon,” and I want America to lead the way.
🔹 “On day one, I will fire Gary Gensler and appoint a new SEC chairman. »
🔹 “Bitcoin does not threaten the US dollar. US government policies threaten the US dollar. »
🔹 “I will stop the US government from selling seized bitcoin”
🔹 “If I am elected, my administration will hold 100% of the #Bitcoin that our country currently has, which will serve as a strategic national stockpile.”
🔹 “America will become the power of Bitcoin mining”
2 months ago
🇺🇸 Federal Reserve Chairman Jerome Powell said Monday that the Fed won't wait until inflation falls to 2% to start cutting interest rates.
"The implication of that is that if you wait for inflation to go down to 2%, you've probably waited too long, because the tightening you do, or the level of tightening you have, is still having effects which will likely drive inflation below 2%.
“We want to be more convinced that inflation is sustainably approaching our 2% target.”
"What builds that confidence is good inflation data. And lately we've had some of that."
https://www.foxbusiness.co...
"The implication of that is that if you wait for inflation to go down to 2%, you've probably waited too long, because the tightening you do, or the level of tightening you have, is still having effects which will likely drive inflation below 2%.
“We want to be more convinced that inflation is sustainably approaching our 2% target.”
"What builds that confidence is good inflation data. And lately we've had some of that."
https://www.foxbusiness.co...
Fed's Powell says officials won't wait until inflation reaches 2% to cut rates | Fox Business
Federal Reserve Chair Jerome Powell said Monday that policymakers will not wait until inflation falls to 2% before they pivot to cutting interest rates.
https://www.foxbusiness.com/economy/feds-powell-says-officials-wont-wait-until-inflation-reaches-2-cut-rates
2 months ago
TRUMP OR BIDEN - WHO’S BETTER FOR CRYPTO?
As November’s critical election draws closer one presidential candidate has made his pro-crypto stance abundantly clear, but have any promises or policies been made?
For the first time in the nation’s history, crypto policy will take center stage and play a crucial role in the U.S. Presidential race. With over 52M cryptocurrency owners in the country, according to a Coinbase report, winning the crypto vote could well mean the difference between sitting in the Oval Office and hanging up your Campaign tie for another four years.
Where do Trump and Biden stand on crypto? Will Biden attempt to make amends for Gary Gensler’s crypto crusade? Will Trump, the self-proclaimed ‘crypto president’ deliver on his claims?
BIDEN’S STANCE OVER THE YEARS
The Biden Administration has hardly been crypto-friendly in the last four years. Under Biden’s watch, Securities and Exchanges Commission Chair Gary Gensler has led a merciless campaign against the digital asset industry, serving lawsuits to crypto companies left, right, and center.
Gary Gensler hasn’t been alone in his fight against cryptocurrency. Senator Elizabeth Warren has strongly advocated against cryptocurrencies in the past, frequently using individual examples to paint the entire industry in a bad light.
With November only four months away, the Biden administration’s stance on crypto hasn't changed. A recent Statement of Administration Policy declared that the Administration was against passing H.R. 4763, a proposed regulatory framework for digital assets.
The decision was made due to the belief that “H.R. 4763 in its current form lacks sufficient protections for consumers and investors who engage in certain digital asset transactions.”
Despite refusing the framework, the Biden Administration maintains that it “is eager to work with Congress to ensure a comprehensive and balanced regulatory framework for digital assets, building on existing authorities, which will promote the responsible development of digital assets and payment innovation and help reinforce United States leadership in the global financial system.”
DONALD TRUMP - THE ‘CRYPTO PRESIDENT’
Despite calling Bitcoin a ‘scam against the dollar’ back in 2021, Trump seems to have changed his tune on cryptocurrency. In a recent tech fundraiser event in San Francisco, Trump has rebranded himself as the ‘crypto president' evidently trying to win the vote of the nation’s population on digital asset holders.
Trump’s dramatic change of heart toward the cryptocurrency world has even made its way onchain. Arkham Intelligence, a popular blockchain analysis and tracking tool claims to have identified Trump’s crypto wallet, which holds over $7 .9M of digital assets. The former President has also shown a penchant for NFTs having launched several Trump Digital Trading Card collections.
More recently, Trump has promised to “end Biden’s War on Crypto”. The Republic candidate has further declared that he is “very positive and open minded to cryptocurrency companies”. Aligning himself with the Bitcoin faithful, Trump views Bitcoin as “our last line of defense against a CBDC”.
These views align with Republican Senator Bill Hagerty, who expressed that a CBDC is “the last thing I think we need as a nation” and “would be very detrimental to our economy, to the dollar and certainly to innovation in this space” during a recent interview with Solana Head of Strategy Austin Federa.
As November’s critical election draws closer one presidential candidate has made his pro-crypto stance abundantly clear, but have any promises or policies been made?
For the first time in the nation’s history, crypto policy will take center stage and play a crucial role in the U.S. Presidential race. With over 52M cryptocurrency owners in the country, according to a Coinbase report, winning the crypto vote could well mean the difference between sitting in the Oval Office and hanging up your Campaign tie for another four years.
Where do Trump and Biden stand on crypto? Will Biden attempt to make amends for Gary Gensler’s crypto crusade? Will Trump, the self-proclaimed ‘crypto president’ deliver on his claims?
BIDEN’S STANCE OVER THE YEARS
The Biden Administration has hardly been crypto-friendly in the last four years. Under Biden’s watch, Securities and Exchanges Commission Chair Gary Gensler has led a merciless campaign against the digital asset industry, serving lawsuits to crypto companies left, right, and center.
Gary Gensler hasn’t been alone in his fight against cryptocurrency. Senator Elizabeth Warren has strongly advocated against cryptocurrencies in the past, frequently using individual examples to paint the entire industry in a bad light.
With November only four months away, the Biden administration’s stance on crypto hasn't changed. A recent Statement of Administration Policy declared that the Administration was against passing H.R. 4763, a proposed regulatory framework for digital assets.
The decision was made due to the belief that “H.R. 4763 in its current form lacks sufficient protections for consumers and investors who engage in certain digital asset transactions.”
Despite refusing the framework, the Biden Administration maintains that it “is eager to work with Congress to ensure a comprehensive and balanced regulatory framework for digital assets, building on existing authorities, which will promote the responsible development of digital assets and payment innovation and help reinforce United States leadership in the global financial system.”
DONALD TRUMP - THE ‘CRYPTO PRESIDENT’
Despite calling Bitcoin a ‘scam against the dollar’ back in 2021, Trump seems to have changed his tune on cryptocurrency. In a recent tech fundraiser event in San Francisco, Trump has rebranded himself as the ‘crypto president' evidently trying to win the vote of the nation’s population on digital asset holders.
Trump’s dramatic change of heart toward the cryptocurrency world has even made its way onchain. Arkham Intelligence, a popular blockchain analysis and tracking tool claims to have identified Trump’s crypto wallet, which holds over $7 .9M of digital assets. The former President has also shown a penchant for NFTs having launched several Trump Digital Trading Card collections.
More recently, Trump has promised to “end Biden’s War on Crypto”. The Republic candidate has further declared that he is “very positive and open minded to cryptocurrency companies”. Aligning himself with the Bitcoin faithful, Trump views Bitcoin as “our last line of defense against a CBDC”.
These views align with Republican Senator Bill Hagerty, who expressed that a CBDC is “the last thing I think we need as a nation” and “would be very detrimental to our economy, to the dollar and certainly to innovation in this space” during a recent interview with Solana Head of Strategy Austin Federa.
