Yugocean USA

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Kentucky approvs Cryptoverse by law

26 Mar 2025 1 minute read 2 comments Yugocean

Crypto Becomes legal in Kentucky      On March 24, the Governor of Kentucky, Andy Beshear, signed House Bill 701, also known as the Blockchain Digital Assets Act, into law. Introduced by Representative Adam Bowling in February, this bill makes Bitcoi...

Is there something Crypto between CZ and Trump?

15 Mar 2025 1 minute read 2 comments Yugocean

     CZ is supporting Trump, which is customary in the Cryptoverse in exchange for support. So there's something.    Will Trump pardon CZ?      Binance founder CZ is reportedly seeking a pardon from President Donald Trump. Although CZ has dismissed...

Utah Senate Passes Crypto Friendly Bill

11 Mar 2025 1 minute read 3 comments Yugocean

Yeah, Utah will become first crypto friendly state with this. Lets dive into it.     Utah Crypto Bill      The Utah Senate has recently passed a bill, HB230, which removes restrictions on digital assets to promote the growth of the crypto industry in...

The market paints Bitcoin red after Trump's executive order on reserves

10 Mar 2025 1 minute read 4 comments Yugocean

Bears are Chasing Bulls      The price of Bitcoin has experienced a sharp decline, dropping below $82k; this represents a 27% drop from its all-time high of $109k. Cryptoverse was expecting a bull storm in the market after President Trump's execu...

Trump announces reserves for BTC and other digital assets

8 Mar 2025 1 minute read 7 comments Yugocean

  The reserves are established      President Trump has signed an executive order establishing a Strategic Bitcoin Reserve for Bitcoin and a U.S. Digital Asset Stockpile for Altcoins, which will be overseen by the Treasury Department. I am convin...

SEC drops lawsuit against Kraken

4 Mar 2025 1 minute read 3 comments Yugocean

     In another bold move (not a surprise), the SEC has freed Kraken from its Gensler clutches. Let's find more.   Lawsuit against Kraken dropped      The US Securities and Exchange Commission (SEC) dropped its case against cryptocurrency exchange Kr...

Trump announces creation of crypto strategic reserve

3 Mar 2025 1 minute read 3 comments Yugocean

     President Trump's announcement of the creation of a crypto strategic reserve has created a stir in the cryptoverse. Let's focus on this:   A crypto strategic reserve will be created, including Bitcoin      Trump has not yet expressed a direc...

SEC lawsuits against Justin Sun and Gemini are winding down

28 Feb 2025 1 minute read 0 comments Yugocean

Break on SEC action against Justin Sun, and Gemini      The SEC has filed a motion in SDNY court to pause the lawsuit against Justin Sun and his three companies (Tron Foundation, BitTorrent Foundation, and Rainberry). The SEC has also decided to end...

SEC withdraws its appeal against the decision on DeFi

21 Feb 2025 1 minute read 0 comments Yugocean

  SEC withdraws anti-DeFi appeal      In 2024, a Texas court ruled against the SEC's attempt to categorise DeFi traders as financial brokers. SEC Chairman Gary Gensler challenged the decision to the Fifth Circuit in November 2024. However, the SEC ha...

United States getting ready for Cryptoverse after demolition of USAID

8 Feb 2025 1 minute read 0 comments Yugocean

     US crypto Czar David Sacks has claimed that the US government is in debt for more than $40 trillion, and he blames USAID, which funds every left-wing group in the world.      As I understand, now consider what the US taxpayers' money was spent...