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Tether Theory: The Architecture of Monetary Sovereignty and Private Dollarization
Tether Theory: The Architecture of Monetary Sovereignty and Private Dollarization

A privately-owned company based in the British Virgin Islands, with a very small number of employees, has built a monetary system on a scale comparable to that of a central bank, with profitability even surpassing that of central banks.

Block unicorn·2025/12/05 17:13
Flash
  • 23:29
    TrumpMeme plans to launch a mobile game called "Trump Billionaires Club"
    According to Jinse Finance, as disclosed by SolanaFloor, the official TRUMP Meme coin account, TrumpMeme, announced plans to launch a mobile game called "Trump Billionaires Club," which will be powered by OpenLoot. The game will utilize TRUMP tokens for in-game activities.
  • 23:24
    US SEC Chairman: Many types of cryptocurrency ICOs are not under the SEC’s jurisdiction
    ChainCatcher news, according to The Block, Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), stated at the Blockchain Association's annual policy summit on Tuesday that many types of Initial Coin Offerings (ICOs) should be considered non-securities transactions and are therefore outside the jurisdiction of Wall Street regulators. He explained that this is exactly what the SEC wants to encourage; by its definition, such things do not fall under the category of securities. Atkins specifically mentioned the token taxonomy he introduced last month, which divides the crypto industry into four major categories of tokens. Last month, he pointed out that network tokens, digital collectibles, and digital utilities should not be regarded as securities in themselves. On Tuesday, he further stated that ICOs involving these three types of tokens should also be considered non-securities transactions, meaning they are not subject to SEC regulation. Atkins also mentioned that, as far as ICOs are concerned, the only category of tokens the SEC believes it should regulate is tokenized securities, which are tokenized forms of securities already under SEC regulation and traded on-chain. He further explained that ICOs span four themes, three of which fall under the jurisdiction of the U.S. CFTC, and the SEC will let the CFTC handle related matters while focusing itself on regulating tokenized securities.
  • 23:20
    Data: 71.82 BTC transferred from GSR Markets, worth approximately $3.06 million
    According to ChainCatcher, Arkham data shows that at 07:08 (UTC+8), 71.82 BTC (worth approximately $3.06 million) were transferred from GSR Markets to an anonymous address (starting with bc1qe9tkd...).
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