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GENIUS Act’s current form is ‘great for Tether USDT’ – Here’s why! Here’s how the GENIUS Act’s provisions could impact Tether’s operations in the U.S. The U.S. stablecoin bill, GENIUS Act, is great for Tether’s USDT in its current form. This, according to policy watchers who have evaluated the package so far.  In fact, according to Alex Thorn, Head of Research at Galaxy Digital, Tether now has the flexibility to register in the United States or operate offshore without dire consequences. He said ,  “In its current form, the GENIUS Act is great for tether. The door is open for them to register onshore, but if they don’t, they are only prohibited from: USDT being used for interbank settlement and  marketing USDT onshore as a ‘stablecoin’” Thorn added that Tether already complies with most of the provisions and could smoothly operate within the U.S. “If they don’t register, though, they can .

Onchain analytics firm Nansen has appointed Robert Leshner, founder of Superstate and Compound, to its Board of Directors, according to a note shared with crypto.news. Leshner, a key figure in decentralized finance, will help shape Nansen’s strategic direction as it expands its offerings in onchain intelligence, staking , and multi-chain analytics . Leshner is known for pioneering DeFi through Compound, a protocol that introduced algorithmic lending in crypto markets. His background in protocol development and tokenization is expected to contribute to Nansen’s mission of providing real-time analytics for traders, investors, and builders. “Robert is a pioneer in DeFi, and his insights into decentralized systems and crypto markets will be invaluable as Nansen scales to new heights,” said Alex Svanevik, CEO and Co-Founder of Nansen. Leshner’s appointment comes as Nansen accelerates product rollouts, including its Nansen Points initiative and expanded staking services. He joins a board that includes representatives from Accel and a16z Crypto, reinforcing the company’s leadership in onchain analytics. “Nansen has built the most valuable intelligence platform in crypto, and I’m excited to help the team continue to innovate,” Leshner said. Nansen provides AI-driven tools to help users analyze crypto markets, track portfolios , and identify trends. The company aims to enhance transparency and decision-making for participants in the evolving onchain economy.

*🌎 The Global Reach of Bitcoin: How BTC is Bridging the Gap Between Countries* Bitcoin has been hailed as a game-changer for global finance, enabling fast, secure, and low-cost transactions across borders 🌐. As the world's first decentralized digital currency, Bitcoin has the potential to bridge the gap between countries, fostering global economic inclusion and cooperation 🌎. The Challenges of Cross-Border Transactions 🚨 Traditional cross-border transactions are often slow, expensive, and cumbersome: - *High fees*: Cross-border transactions can incur high fees, eating into the value of the transaction 💸. - *Long settlement times*: Transactions can take days or even weeks to settle, causing delays and uncertainty 🕰️. - *Currency exchange risks*: Fluctuations in exchange rates can result in losses or gains, adding uncertainty to transactions 📊. How Bitcoin is Bridging the Gap 🌉 Bitcoin's decentralized nature and blockchain technology enable fast, secure, and low-cost cross-border transactions: - *Fast settlement times*: Bitcoin transactions are settled in real-time, regardless of the sender's and recipient's locations ⏱️. - *Low fees*: Transaction fees are significantly lower than traditional cross-border transactions 💸. - *No currency exchange risks*: Bitcoin transactions eliminate the need for currency exchange, reducing uncertainty and risks 📊. Real-World Examples 🌍 Bitcoin is already being used to facilitate cross-border transactions in various parts of the world: - *Remittances*: Bitcoin is being used to send remittances to countries with limited access to traditional banking services 🌎. - *International trade*: Bitcoin is being used to facilitate international trade, enabling businesses to conduct cross-border transactions efficiently 📈. - *Humanitarian aid*: Bitcoin is being used to send humanitarian aid to countries in need, providing a fast and secure way to transfer funds 🌟. The Future of Cross-Border Transactions 🔮 As Bitcoin continues to evolve, it's likely to play an increasingly important role in facilitating cross-border transactions: - *Increased adoption*: Growing adoption of Bitcoin and other cryptocurrencies will increase the demand for fast, secure, and low-cost cross-border transactions 🚀. - *Improved infrastructure*: Advancements in blockchain technology and infrastructure will enable faster, more secure, and more efficient cross-border transactions 🌐. - *Regulatory clarity*: Clear regulations and guidelines will provide a framework for the use of Bitcoin and other cryptocurrencies in cross-border transactions 📜. Conclusion 🔑 Bitcoin is bridging the gap between countries, enabling fast, secure, and low-cost cross-border transactions 🌎. As the world becomes increasingly interconnected, the importance of efficient and inclusive financial systems will only continue to grow 🌐.$ALEX

@brian_armstrong Alex Miloski from @vita_dao thinks crypto and longevity are tried together because it's like trying to hack our own biology, "because you are not supposed to not age. So, I think that hacker mindset might play a role.”

📉 JUST IN: Bitcoin and Ethereum futures open interest dropped by $1.37B signaling a partial market reset, says CryptoQuant analyst Alex Adler.