Blockchain DXB: Crypto & Coffee at 8 ☕ 🚨 Dubai: 24th April 🚨 ❌ Tether.to Pro Censorship 👀 Crypto.com Postpones Launch due to Money Laundering Probe 🟢 ETH ETF update by SEC

24th April: Crypto & Coffee at 8❌ Tether.to Pro Censorship 👀 Crypto.com Postpones Launch due to Money Laundering Probe 🟢 ETH ETF update by SEC 🔥 Tether.to — Pro CensorshipThe U.S. is set to reimpose sanctions on Venezuela’s oil industry, prompting the country to accelerate its adoption of cryptocurrency in oil trading. Venezuela’s state-run oil company, PDVSA, plans to increase the use of digital currencies to reduce the risk of frozen sale proceeds in foreign bank accounts. But Tether vows to follow the law and block transactions. 🚨 U.S. Department of the Treasury requires PDVSA customers and providers to wind down transactions by May 31 due to Venezuela’s failure to implement electoral reforms. A spokesperson from Tether.to said: “Tether respects the OFACs SDN list and is committed to working to ensure sanction addresses are frozen promptly.” Tether’s CEO Paolo A. said these actions reflect the firm’s commitment to establishing higher safety standards within the emerging industry. via CryptoSlate https://lnkd.in/dDzGMP-P 🎙️ Check out the Blockchain DXB podcast today we share our commentary on this. We discuss if - Is Tether USDT following pillars of Open Blockchain? - Is Tether USDT replacing the role of a bank? Important to note according to Dune Analytics, Tether has voluntarily blocked 1,426 USDT addresses, freezing over $1 billion in funds. 🔴 Crypto.com postponed its South Korea app launch due to an on-site inspection by regulators regarding alleged anti-money laundering issues. Despite maintaining high standards, the exchange aims to ensure regulators understand its policies. The exchange, approved in 2022, remains committed to responsible industry advancement in Korea. It clarified that no new customers were onboarded since acquiring OkBit. More info via CoinDesk here https://lnkd.in/d4CMX_tN 🟢 The U.S. Securities and Exchange Commission (SEC) has delayed its decision on spot Ethereum exchange-traded fund (ETF) proposals from Grayscale Investments and Franklin Templeton. The SEC stated that it needs more time to review the proposals. These fund managers, along with others, are seeking approval from the SEC to allow their investment vehicles to trade on American stock exchanges. News via Decrypt here https://lnkd.in/dAx96tRn- Filings from SEC here https://lnkd.in/d4FfpzDw The Commission is extending the time period for approving or disapproving the proposed rule change for an additional 60 days 🟢 Standard Chartered published a report that ETFs that hold Ethereum’s ether (ETH) are unlikely to be approved in May.via The Block https://lnkd.in/dftWqHVvSome year-end predictions are - bitcoin price target of $150,00 - ether target of $8,000. 🟠 Two UAE news (See slides)⚡ UAE leads crypto adoption in the Middle East with 72% of local users investing in Bitcoin: Bitget Research via Zawya⚡ UAE-based AI firm G42 announces collaboration with U.S. group Qualcomm info via Gulf Business For slides click here: https://tinyurl.com/mwwcvcm7 LinkedIn Profile: https://tinyurl.com/bdeevbru To support this channel: ⚡ Advanced Media ⚡ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.amt.tv/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⚡ Ledger Wallet 🔑 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://shop.ledger.com?r=ae54df359c4d⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⚡ https://startupoi.com/ ⚡ Download the App ⚡ The Race Space Podcast 🎙️ Instagram: @theracespoacepodcast Podcast Host: @black_incarnation ⚡ Buy me Coffee ☕ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.buymeacoffee.com/info36/w/6987⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ To show your support see below ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e ⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d ⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795 ⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28