Lorenzo Protocol PriceBANK

Imagine if you're bank would sell you protection against "unauthorized fiat transfers" when most banks literally have a phone app. How does this even work lmfao, just restrict withdrawls for people that don't have 2FA enabled lol, what is this nonsense lmfao.

L2s are: - highly customizable (VM, DA, privacy etc.) - scaling infinitely (MegaETH 100k+ realtime tps with EigenDA) - able to tap into ETH network effects (tooling, devs, users etc.) - interoperable via ERC 7683 - able to have L1 security (when getting to stage 2) That's why Robinhood, Deutsche Bank, Coinbase, Sony, Alibaba, Kraken and now Gemini (99% likely) are building on ETH. Distributing ETH ecosystem to global scale. ETH will be deeply interwoven in everyones life 5yrs+ from now on. ETH is inevitable.

The White House Digital Assets Task Force released a 160-page report presenting a national strategy to regulate and advance the U.S. digital asset ecosystem. It recommends giving the CFTC oversight over crypto commodities and the SEC control of crypto securities, while urging Congress to pass the CLARITY Act for regulatory clarity and the GENIUS Act for stablecoin oversight. The report supports innovation through regulatory sandboxes, safe harbor policies, and unified rules for crypto exchanges, brokers, and custodians. It also emphasizes the need for updated tax frameworks, stronger anti-money laundering (AML) measures in DeFi, and bans the development of a U.S. central bank digital currency (CBDC). While comprehensive, the report notably avoids updates on the proposed Bitcoin reserve strategy. Overall, it signals a pro-innovation stance while aiming to establish the U.S. as a global leader in responsible digital finance.

Indonesia is reportedly exploring the possibility of adding $BTC to its national reserves, a move that could mark a major shift in how developing nations manage their sovereign assets. Here’s what it means and why it matters: Indonesia’s financial authorities and central bank are assessing the feasibility of holding Bitcoin as part of the country's foreign reserves, traditionally made up of assets like gold, U.S. dollars, and government bonds. Why Would Indonesia Consider This? Bitcoin offers an alternative store of value that is non-correlated with traditional assets like fiat currencies and bonds. Holding Bitcoin could help hedge against inflation and reduce overreliance on the U.S. dollar, which dominates global reserves. Bitcoin is a neutral asset, not controlled by any country, making it appealing amid growing global tensions and sanctions risk. Indonesia is one of the top crypto-adopting nations globally. This move would align with its vision of embracing digital assets and innovation. Challenges & Considerations ✓Volatility: Bitcoin’s price fluctuations could affect reserve stability. ✓Regulatory Risks: Global institutions like the IMF may push back. ✓Custody & Security: Safely storing BTC requires advanced technical measures. ✓Public Perception: Domestically, the government would need to justify the move amid economic challenges. Broader Implication If Indonesia proceeds, it would join countries like El Salvador and potentially spark a domino effect, especially among emerging markets seeking financial independence from Western-led systems. $MYX #BitgetInsight #CryptoTrivia 📌By Iyusufah 📌

Brazil’s Parliament is set to hold its first official hearing on adding Bitcoin ($BTC) to the country’s national reserves on August 20th, 2025.What it means: 👉👉👉 What’s Happening? The Brazilian Parliament is organizing a formal public hearing to debate and explore the feasibility of holding Bitcoin as part of Brazil’s national reserves, similar to gold or foreign currencies like USD. This is a historic first for Brazil and reflects growing institutional interest in Bitcoin as a sovereign store of value. What’s the Goal? ✓Discuss the potential benefits and risks of holding BTC in national reserves. ✓Evaluate how Bitcoin could act as: A hedge against inflation A strategic reserve asset independent of the US dollar A technological and economic tool for financial modernization ✓Hear from economists, crypto experts, central bank officials, and lawmakers. Why It Matters? ✓Brazil is Latin America’s largest economy such a move would send a strong signal globally. ✓If adopted, Brazil could become the second major country after El Salvador to officially integrate Bitcoin into its national reserves. ✓It could trigger similar debates in other developing economies, especially those with currency volatility or dollar dependency. What’s Next? ✓The August 20th hearing is the starting point, not a final decision. ✓Depending on outcomes, this could lead to: New legislation or policy recommendations Central Bank studies on BTC reserve viability Wider adoption or regulatory frameworks for crypto in Brazil. $BTC $ETH $SOL 📌By Iyusufah 📌