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X @Wu Blockchain
Wu Blockchain· 2025-07-29 22:25
According to CryptoBriefing, Algeria enacted Law No. 25-10 on July 24, officially banning the issuance, sale, purchase, holding, use, and promotion of all crypto assets, including Bitcoin. The law also criminalizes crypto mining, the use of digital wallets, and the operation of cryptocurrency trading platforms. https://t.co/FhjxJSdYV7 ...
X @Cointelegraph
Cointelegraph· 2025-07-29 16:10
🇺🇸 JUST IN: Senator Lummis introduces bill to modernize mortgages by allowing crypto assets to count in home loan assessments. https://t.co/k5J0PwSSoo ...
X @Watcher.Guru
Watcher.Guru· 2025-07-29 15:39
JUST IN: 🇺🇸 Senator Cynthia Lummis introduces mortgage reform bill to recognize crypto assets in home loan eligibility assessments. ...
X @Wu Blockchain
Wu Blockchain· 2025-07-22 04:43
Crypto Asset Lending - JPMorgan is considering offering loans backed by customer-held crypto assets like Bitcoin and Ethereum [1] - The potential launch of this service could be as early as next year [1] Industry Shift - This move represents a significant change for JPMorgan CEO Jamie Dimon, who previously criticized Bitcoin [1]
Trump signs GENIUS Act, creating stablecoin regulatory framework
CNBC Television· 2025-07-18 20:37
Regulatory Framework & Innovation - The Genius Act aims to establish a clear regulatory framework for dollar-backed stablecoins, potentially revolutionizing financial technology [1] - The Act seeks to upgrade the outdated financial system using state-of-the-art crypto technology [3] Dollar & Crypto Assets - The Genius Act provides a framework for banks, businesses, and financial institutions to issue crypto assets backed one-to-one with US dollars, treasury bills, and other cash equivalents [4] - This is intended to strengthen the dollar's prominence [4] System Modernization - The current financial system's technical backbone is decades out of date, leading to costly and slow payments and money transfers [2][3]
X @U.S. Securities and Exchange Commission
U.S. Securities and Exchange Commission· 2025-07-18 19:50
RT Paul Atkins (@SECPaulSAtkins)President Trump’s signing the GENIUS Act is a monumental step forward for crypto assets, financial markets, and our country.Thread 🧵⬇️ ...
President Trump: We're not going to let the dollar slide
CNBC Television· 2025-07-18 19:48
Regulatory Framework & Innovation - The "Genius Act" aims to establish a clear regulatory framework for dollar-backed stablecoins, potentially revolutionizing financial technology [2] - The Act provides a framework for banks, businesses, and financial institutions to issue crypto assets backed one-for-one with U S Dollars, treasury bills, and other cash equivalents [4] - The existing financial system is outdated, and the bill aims to upgrade it using state-of-the-art crypto technology, enabling faster and cheaper payments [3] US Dollar & Economic Impact - The initiatives are designed to strengthen the U S Dollar and maintain its dominance as the world's reserve currency [4][8] - Stablecoins will enable ultra-low-cost transactions that clear in seconds, potentially supercharging American economic growth and empowering billions to save and transfer in U S Dollars [7] - The initiatives are expected to increase demand for U S Treasuries and lower interest rates [8] Geopolitical & Monetary Policy - The speaker expressed commitment to preventing the creation of a central bank digital currency in America [10] - The speaker addressed concerns about the BRICs nations attempting to challenge the dollar's dominance [4][5]
X @Wu Blockchain
Wu Blockchain· 2025-07-18 01:28
Nasdaq-listed Thumzup Media Corporation has announced that its Board has authorized the company to hold up to $250 million in crypto assets, including BTC, ETH, SOL, XRP, DOGE, LTC, and USDC. Previously, Donald Trump Jr., son of former U.S. President Donald Trump, acquired around 350,000 shares of Thumzup.https://t.co/cJgtPOvbGk ...
X @Wu Blockchain
Wu Blockchain· 2025-07-17 14:59
Crypto Asset Regulation - Sberbank proposed crypto asset regulation to the central bank [1] Custody Services - Sberbank plans to offer custody services for domestic crypto assets [1]