BlackSpider.eth

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Is Bitcoin the future of Islamic finance? Phenomenal essay from @harris_irfan linkedin.com/pulse/gods-mon…

BITCOIN PUMPS ABOVE $27K CT - fck the bears, $35k is coming, bull market have started. Altseason is coming soon BITCOIN DROPS BELOW $26k CT - we are so fcked, crypto is dead. Bitcoin is going to new lows of $14k

#Binance US has informed its users that U.S. dollar #deposits have been suspended and USD #withdrawals will no longer be processed. #SEC #crypto #cryptocurrency news.bitcoin.com/binance-us-hal…

GM to all my reply guys ☕️🍕 I start my Thursday with a morning matcha tea and you?

Last chance to enter, $500 #ETH winner announced in 60 minutes. GM to all the real ones, the weekend is nearly here 🥂

NEW: 🇺🇸 Wyoming’s Senator Cynthia Lummis has expressed strong disapproval of the recent legal action taken by the Securities and Exchange Commission (SEC) against Coinbase. bitcoinnews.com/senator-cynthi…

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@ConceptualJames ESG is the devil

Build your reputation and it will work for you.

Here is the SEC calling the stock loan industry "opague" and requiring transparency. Note, they are not calling "stock loans" a security as they are trying to do with the loaning of crypto assets. Nor are they suing the Stock Loan Departments of brokers/banks. They are going through a comments process. They should do the same thing with crypto as an effort to determine which aspects of crypto are securities and which are not and the best way to regulate the industry and protect investors. I think their difference in approach is emblematic of their intent for one industry vs another.

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The SEC has taken to using extremely aggressive and intimidating tactics in its pursuit of an ideological campaign against the American digital asset industry. Binance.US and our business partners have not been spared in the use of these tactics, which has created challenges for the banks with whom we work. As a result, in an effort to protect our customers and platform, today we are suspending USD deposits and notifying customers that our banking partners are preparing to pause fiat (USD) withdrawal channels as early as June 13, 2023. We encourage customers to take appropriate action with their USD. Our priority is, and has always been, our customers. We are taking these proactive steps as we–for a time–transition to a crypto-only exchange. To be clear, we maintain 1:1 reserves for all customer assets. Any downtime in processing withdrawals may be the result of elevated volumes and weekend bank closures. Moreover, trading, staking, deposits and withdrawals in crypto remain fully operational. While we remain open to a productive compromise that enables a thriving digital asset marketplace in America, Binance.US will continue to vigorously defend ourselves, our customers, and industry against the meritless attacks of the SEC. Our notice to customers: