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Blockchain DXB: 🔴 18th March 🔴 💡Bank of Korea rejects BTC reserve (IMF pressure?) 💵SUI ETF by Canary Capital ❌European Central Bank detractors of BTC & Crypto 🫣BTC Robbery of OnlyFans creator
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18th March: Blockchain DXB podcast
💡Bank of Korea rejects BTC reserve (IMF pressure?) 💵SUI ETF by Canary Capital ❌European Central Bank detractors of BTC & Crypto 🫣BTC Robbery of OnlyFans creator
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💡South Korea’s central bank Bank of Korea dismissed the idea of holding Bitcoin as a foreign exchange reserve, urging caution due to its price volatility and high cash-out costs. This follows discussions sparked by Trump’s Bitcoin reserve plan. Info on this via The Korea Herald https://shorturl.at/IHsJm
🚨 The International Monetary Fund does not recognize cryptocurrencies as suitable foreign reserves due to liquidity, market value, and credit rating criteria.
- South Korean politicians support a Bitcoin reserve, but the central bank remains opposed, citing volatility and financial risks.
🎙️Check out the Blockchain DXB episode for today we share our commentary on this
🏦Canary Capital Advances First-Ever SUI ETF with SEC Filing
- Canary Capital has filed for the first SUI-based ETF in the U.S., with the U.S. Securities and Exchange Commission review underway. Major firms like Grayscale Investments and VanEck back Sui’s scalable blockchain, driving adoption. With Bitcoin ETFs booming, Sui aims to be the next big institutional asset. Official info via their blog here https://shorturl.at/S7qh3
❌European Investment Bank (EIB) Central Bank official François Villeroy de Galhau warns Trump’s crypto policies could spark a global crisis, despite the ECB pushing its blockchain-based digital euro. His interview with latribune here https://shorturl.at/uvd3n
💯The hypocrisy is clear—the ECB embraces blockchain for control while attacking decentralized crypto. Meanwhile, Trump’s administration has fostered U.S. crypto leadership, creating a Bitcoin Reserve and easing regulations. The ECB’s anti-crypto stance seems more about power preservation than real economic concerns.
🫣 Four teens attacked Amouranth at gunpoint in a failed attempt to steal her crypto. Her husband fired a shot, forcing them to flee. Three face robbery and kidnapping charges; one was later found at a hospital with a gunshot wound. Info via Decrypt https://shorturl.at/veTew
🟠Two UAE news
⚡Avalanche Joins TheBlock as the First Apex Member in Dubai
⚡Crypto.com Licenced in the UAE to Offer Derivatives
For slides click here: https://shorturl.at/YdICG
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