This announcement from Binance yesterday to all users in EEA.
"MiCA Stablecoin Rules Implementation Announcement
From 2024-06-30 (UTC+3), stablecoins will be regulated in the EEA, which means in practice that only certain regulated companies will be able to issue and offer to the public stablecoins, those stablecoins will be “Regulated Stablecoins”.
Several existing stablecoins may not fall into this category and will therefore be subject to certain restrictions. These will be categorized as “Unauthorized Stablecoins.” "
Seems they will also, like OKX announced a few months ago about USDT, be eventually withdrawing support for such stablecoins. Binance don't seem to have named the stablecoins involved but EEA is moving forwards with a state/banking EUR stablecoin so the impact is worth noting. Implications for Green Wallet/Aqua Wallet users who are based in EEA and use the USDT liquid?
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SovereigntyQuest
npub16afk...h4dp
I advocate hodl don't trade for the overwhelming majority of people but I do admit I have a morbid fascination with watching, over time, the degen aspect of what happens in the bitcoin space. I have a thought. Given that the more desperate/less affluent people become, the more they tend to take bigger risk and gamble, are we actually going to see comparatively even more of that in the coming months. Lessons learnt from the 2020/2021 be damned and is there an even bigger cohort of yolo folk queued up ready for the slaughter?
This is NOT a Gm note


Relaxing video of some tradition
I'm a simple man and derive happiness from simple things. My wife might add a -ton to that description but back to the story.
Last year after a heavy rain, I was clearing up debris from the stream next to my house. I found a plank of wood and decided to keep it. It was fairly non-descript but a really hard wood and if I hit it against the concrete it almost rings like a metal bar. Earlier this year, also after a heavy rain flood, again clearing the stream, I found another plank. Two days ago another. They measure 48" x 3 3/4 x 1 1/2 and as can be seen are tongue and grooved. Reckon they've got some fair age to them but what really gets me is how, after being out in the tropical elements for so long, they still are so strong and ,as you can see in the photo, pretty dam straight. I'm guessing flooring that was chucked from a demolished old house and maybe(?) made of Teak. I'll be heading up stream to look for more soon. 🫡



