The Binance platform announced the conversion of its emergency fund (SAFU) balance from USDC to Bitcoin, bringing the total to 15,000 BTC worth $1 billion.
What is the SAFU fund?
It is a financial fund dedicated to immediately compensating users in the event that the platform is exposed to any breach or security vulnerability.
In a war that is currently raging and most people are unaware of ⚠️
A war between American banks and crypto companies
Today, there were talks at the White House between the two sides to reach an agreement on stablecoin returns
They have not reached an agreement yet, and banks have imposed stricter restrictions than before
Banks are seeking to ban stablecoin yields on platforms within the US and completely destroy the DEFI sector because it threatens US banks and withdraws trillions of dollars in deposits from them.
US banks offer modest yields.
Crypto platforms offer around 10%.
This is disastrous for banks. Banks will likely prevail in the end because they have absolute and terrifying influence, and this will certainly hit the entire DEFI sector because most of the market liquidity comes from the US market.
Therefore, the price of Bitcoin today was directly affected when they announced that no agreement had been reached.
🚨 | Ripple collaborates with Aviva Investors to tokenize investment products on the XRP Ledger
📰; Aviva Investors (the global asset management arm of the British insurance company 🇬🇧 Aviva plc) announced a strategic partnership with Ripple aimed at tokenizing #RWA traditional investment products on the $XRP network.
ℹ️; Aviva Investors manages assets exceeding £246 billion (approximately $346 billion) and will begin tokenizing traditional fund structures on the $XRP network.
💡; This partnership represents Ripple's first collaboration of its kind with an asset management company in Europe 🇪🇺 and both parties will seek to work together through 2026 and beyond to launch tokenized funds on #XRPLedger.
🚨 Aldeiroti tweeted: Chief Legal Officer at Ripple and President of the National Cryptocurrency Association.
"A fruitful session at the White House today It seems that consensus is on the horizon. There is still clear momentum from both parties supporting sensible legislation to structure the digital currency market. We need to act now - while the opportunity is ripe - to achieve a real gain for consumers and for America." # #RLUSD
🚨 Treasury Secretary Besant: "Certain parties" are obstructing the digital currency bill because they prefer no legislation to legislation they don't like.
This reflects Coinbase's position, with Brian Armstrong stating that he prefers "no legislation to bad legislation."
Bessent added that "banks and digital currency companies want legal regulations."
🚨 Urgent: Defiance Company submits a request to create a new ETF for XRP - Income ETF 👀
This is not an instant ETF $XRP.
It is an exchange-traded fund focused on income and uses options strategies on $XRP to generate returns, providing structured exposure for institutions without directly owning XRP. 🚀
Goldman Sachs reveals in a new disclosure its holdings in crypto: ✅️$1.1 billion Bitcoin ✅️$1 billion Ethereum ✅️ $153 million XRP ✅️ $108 million Solana
🚨 Urgent: Ripple will be present at the White House on February 10, where officials will meet with banks and leaders in the cryptocurrency space to establish stablecoin regulations in the United States.
The currencies RLUSD and XRP serve as fast and efficient intermediary assets in the global financial system. #XRP #
🏦⚔️ Banks are fighting to keep crypto companies away from Federal Reserve payment networks
Banks are trying to prevent crypto companies from accessing the Federal Reserve's payment channels, and that alone shows where the real power is shifting.
🔍 Why is this important? • If stablecoin issuers gain even limited access • Settlements will become faster • Costs will be lower • And deposits will begin to migrate away from traditional banks
I wish you would kindly explain how I lost for the benefit and to know the mistake. May God bless you and compensate you more than what you lost many times over.
I wish you would kindly explain how I lost for the benefit and to know the mistake. May God bless you and compensate you more than what you lost many times over.
I wish you could kindly explain how you lost for the benefit and to know the mistake. May God bless you and compensate you more than what you lost, many times over.
I am now married and I no longer possess a single riyal in my wallet. I lost everything I own, 1 million dollars. I swear if I had started a project, it would have been better for me. Are you aware of going from millionaire to bankrupt without a riyal? This is the reality of trading. And how much have you lost in trading?$TRX {spot}(TRXUSDT) $TRB {spot}(TRBUSDT) $SUI {spot}(SUIUSDT)
I wish you would kindly explain how I lost for the benefit and to know the mistake. May God bless you and compensate you more than what you lost many times over.
I am now married and I no longer possess a single riyal in my wallet. I lost everything I own, 1 million dollars. I swear if I had started a project, it would have been better for me. Are you aware of going from millionaire to bankrupt without a riyal? This is the reality of trading. And how much have you lost in trading?$TRX {spot}(TRXUSDT) $TRB {spot}(TRBUSDT) $SUI {spot}(SUIUSDT)
Yes, that's right (Yahbi King) May God grant you success, be happy
sadking8484
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Bullish
Peace be upon you $BTC $BTC $BTC I invite you in light of this decline to read these articles They are, in fact, a compelling argument against all the analysts who claim to have knowledge And it is a great responsibility now for them to acknowledge their mistakes In general, I invited them to discuss, call, and analyze to save the funds of the Arab traders who are victims, but unfortunately, I found only denial and rejection However, the wise will not forget over time but will adapt to continue Watch the dates
The schedule is published after the update on 1/2 in three languages: Arabic, English, and Chinese Welcome to the global world with an Arabic hand @ #BinanceSquareTalks