A look at key shifts in the crypto world - from new regulations to events shaping the global market.
The Bank of Italy and Consob Are Engaged in Consultations with Cryptocurrency Sector Representatives Regarding Regulatory Frameworks. The primary focus is on mitigating cybersecurity risks and combating money laundering. Both institutions have expressed concerns about discrepancies between the legal systems of the European Union and the United States.
Cryptocurrencies Are Volatile and Risky. Invest Responsibly.
Source: Investing.com
On February 14, Argentine President Javier Milei Endorsed the LIBRA Token as a Tool to Support the National Economy
The initiative ended in a rug pull, as issuers controlling 80% of the token’s supply executed a large-scale sell-off, resulting in a 90% depreciation in value.
The political opposition has initiated impeachment proceedings, accusing the president of complicity in the alleged fraud. The incident may serve as a catalyst for shifting market sentiment toward memecoins.
Source: Parkiet
Tokyo-Listed Gaming Company Gumi Inc. Launches Bitcoin Accumulation Program with Initial Allocation of USD 6.6 Million. The strategy includes asset diversification and the use of the Babylon protocol to generate revenue.
Cryptocurrencies Are Volatile and Risky. Invest Responsibly.
Source: Tradersunion.com
State House Speaker Destin Hall Introduces Bill Enabling Investments in “Eligible Digital Assets”. The proposed legislation would allow investments in exchange-traded products with a minimum market capitalization of USD 750 billion.
Cryptocurrencies Are Volatile and Risky. Invest Responsibly.
Source: The Carolina Journal
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