Dubai Crypto & Coffee at 8 ☕ 🚨 Dubai: 28th Aug 🚨 🔴 Ray Dalio’s Ideal Digital Coin ❌Joe Biden’s crypto tax reporting❗ ⚡Binance delists Russian Banks 🔻Worldcoin by 50% ⚡Pepecoin: Insider trading - a podcast by Blockchain DXB

28th Aug: Crypto & Coffee at 8 🎙️
🔴 Ray Dalio’s Ideal Digital Coin ❌Joe Biden’s crypto tax reporting❗ ⚡Binance delists Russian Banks 🔻Worldcoin by 50% ⚡Pepecoin: Insider trading

🔴 Legendary Ray Dalio Founder of Bridgewater Associates does not think Bitcoin or stable coins are The Ideal Digital Coin? An Inflation-linked coin would give individual buying power. Snippets of his interview via YouTube are here https://lnkd.in/dgqjNaeH

🚨 Biden & Crypto
❗ The Internal Revenue Service (IRS) proposed brokers follow new rules for selling and trading digital assets. Brokers would use a new form to make tax filing easier and prevent cheating on taxes. The 282-page document is here https://lnkd.in/drD8zwc4

🔥There’s no future for crypto in the US if Biden is reelected.Ryan Selkis, founder & CEO of Messari mentioned via Twitter here https://lnkd.in/dEDVud7y even the U.S. House Committee on Financial Services Chair Patrick McHenry said the rules are part of “the Biden Administration’s ongoing attack on the digital asset ecosystem.” Christopher Perkins of crypto venture firm CoinFund holds the view that other countries have surged ahead of the U.S., and these rules will inevitably result in reduced innovation flowing into the country. Info via Cointelegraph on this here https://lnkd.in/dc79H-HD

🎙️ Check out Blockchain DXB’s Crypto & Coffee at 8 podcast where we share our commentary on this. Also see slide 1 & 2 to get global snapshot of #defi, #stablecoins and more

🟠 Binance Delists Sanctioned Russian Banks From Peer-to-Peer Service CoinDesk has reported that Russian users of Binance were able to move money abroad through the service, which could present legal challenges for the exchange. This is due to a regular update of its system to comply with local and global regulatory standards and sanctions rules, Binance said. Article here https://lnkd.in/dc8aftrm

❗ Isn’t it strange a Central entity can delist? Peer-to-Peer Service ❗

🌏 Worldcoin cryptocurrency project, led by Sam Altman, the brains behind ChatGPT, is facing increased scrutiny from regulators worldwide. It is down by 50% NEWSBTC article states the crash was caused by mounting data privacy paranoia. The project’s use of eye-ball scanning orbs for user enrollment has raised concerns about potential violations of data protection laws.https://tinyurl.com/yc8rk432

🚨 Pepecoin: Insider Trading
On-chain analyst Yazan reports insider selling of PEPE holdings, with around 400 billion PEPE sold, aligning with Pauly’s team exposure. Cointelegraph article here states In an Aug. 26 update, Pauly (influencer) disclosed that the Pepecoin team possesses approximately $16–17 million in PEPE tokens distributed across nine wallets. Tweet here https://lnkd.in/dbbWipgH

🟠 Two UAE news (See slides)
⚡ BitOasis secures new investment from CoinDCX, India’s preferred and most valued crypto exchange.
⚡ VARA Releases Staking from Custody Services Rules

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