Yugocean USA

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US rise new ways to Control Crypto

22 Jun 2023 1 minute read 2 comments Yugocean

     The way SEC Chair Gary Gensler has worked on a noval policy to destroy the crypto industry by suing Coinbase and Binance, analysts think that it will promote a form of crypto that is controlled by the dollar economy. FED admits Crypto's stayin...

Gary Gensler's Replacement Rumour Greens The Crypto Market

18 Jun 2023 1 minute read 5 comments Yugocean

     For some reason, the rumour of replacing the infamous US SEC chief Gary Gensler has had a very positive effect on the crypto market, where suddenly bulls jumped after fighting the bears. There Are Big Reasons For The Rumour      The rumour of...

Gary Gensler Battling under Fog

10 Jun 2023 1 minute read 1 comment Yugocean

     The SEC, under Gary's leadership, is doing such things that it is not known whether it is taking decisions against the interests of the US and investors after thinking carefully or without thinking. And he (Gary) is harming himself too.  Indust...

SEC Direct Proceedings Against The Crypto Industry

7 Jun 2023 1 minute read 0 comments Yugocean

     The US Securities and Exchange Commission (SEC), led by Gary Gensler, launched a direct attack on the crypto world. Binance hit      This time, the SEC has filed a lawsuit against the world's largest exchange, Binance.      After this, over $7...

IRS to become an issue in the US presidential election?

29 May 2023 1 minute read 5 comments Yugocean

    The federal agencies of the US government like IRS, FBI, DOJ, etc are becoming a presidential campaign issue, but main is IRS, Inflation is making public discontent grow against tax burden . Mood in Election        The Internal Revenue Service (...

The power of bitcoin increased

26 May 2023 1 minute read 3 comments Yugocean

     The strength of Bitcoin lies in its popularity, which no one can deny. Those who banned it until yesterday are now trying to make their existence known in its name. Bitcoin returns to China      Even China, which once banned Bitcoin 13 times in...

United States Seeks Pro Bitcoin President

25 May 2023 1 minute read 4 comments Yugocean

     Nayib Bukele, the President of El Salvador, had predicted that the next US presidential election would be held on the issue of bitcoin, which is turning out to be very accurate. Pro Bitcoin President      As the presidential election in the Un...

Texas Senate Approves Bill that makes Crypto Exchanges to submit Proof of Reserves

20 May 2023 1 minute read 1 comment Yugocean

     The Texas Senate has passed House Bill 1666, which deals with ensuring verification of the declared reserves by crypto exchanges. It will become law in Texas as soon as the governor signs it. Proof of Reserve (PoR)      Cryptocurrency exchange...

Bitcoin Conference 2023 Begins

19 May 2023 1 minute read 2 comments Yugocean

     The Bitcoin Conference for the year 2023 has begun on the world-famous South Beach of Miami, Florida. This convention will run from May 18 to May 20.   El Salvador Example      One cannot forget the first bitcoin country when the largest bitco...

Federal vs State in US after Florida bans CBDC

14 May 2023 1 minute read 5 comments Yugocean

     A bill that excludes CBDCs from the UCC's definition of "money" was approved by the Florida Governor Ronald Dion DeSantis. As a result, CBDCs cannot be used as currency within the state. Ban on CBDC    Similar to Florida - South Carolina, Ohio...