PeterSullivan_

This is the week where decades happened. Crypto is now legal. AI is now free. The entire blue empire is being shut down by executive order. And after the postwar order, we enter the post-Internet order.

Dear Mr. Musk, I, and the people of my town, owe you our gratitude. For six years, we have led the campaign for a Public Inquiry into the cover-up of the grooming and gang rape of Oldham’s children. To this day, not a single mainstream reporter or news agency has told the full story of what powerful politicians did to those of us who refused to turn a blind eye to the industrial-scale abuse of children, not just in Oldham but across the UK. Without this platform, the truth would remain hidden. Today, @Keir_Starmer and his @UKLabour will vote against a Public Inquiry into this national scandal. Here are the three main reasons why: - To protect the block postal votes they rely on from sections of the UK’s Muslim communities to stay in power. - To shield senior Labour politicians implicated in the cover-up, including Deputy PM @AngelaRayner, Home Secretary @YvetteCooperMP, Government Minister @JimfromOldham, and Greater Manchester Mayor @AndyBurnhamGM. - To silence and demonise working-class communities like ours. They believe that by branding us as racists and far-right they can silence all opposition and tighten their grip on power. The Prime Minister is fully aware of what took place in Oldham. When we first began our campaign, whilst leader of the Labour Party, @Keir_Starmer came to Oldham to help support members of his team that were trying to put myself and others in prison for daring to speak out. Without your voice, and this platform, we would have already been defeated. For that we will be ever grateful. Thank you @elonmusk. Yours Sincerely Raja Miah MBE

#Hedera is built differently from other blockchains. Trusted by enterprises, loved by developers. Build the future of #web3. #HelloFuture

BREAKING: 🇺🇸 Fed Chair Jerome Powell says #Bitcoin is a competitor to gold, not the US dollar.

Let’s talk about real value: Every token launched via the @Hedera Token Service—from $KARATE and $PACK to $DOVU and beyond—relies on SaucerSwap for their market data. These tokens represent millions in trading volume and are held across hundreds of thousands of accounts. Our infrastructure powers: • Years of historical price data • Real-time liquidity tracking • Volume analytics • In-wallet swaps for major applications • Real-time price feeds for the entire ecosystem powering countless integrations When we talk about building essential infrastructure, this is what we mean. SaucerSwap isn't just another DeFi protocol—we're the foundation that enables the entire HTS token economy to function.

$MARA is a company on the #Bitcoin Standard.

#Chainlink SmartCon is where industry leaders in DeFi and TradFi converge to shape the future of onchain finance.

🌠 Huge Milestone! SaucerSwap just hit $1B in Total Trade Volume! Following the launch of SaucerSwap V2, @Hedera DeFi has seen unprecedented growth, marked by this massive achievement. Congratulations to the community!

Some thoughts on the Binance settlement, with the preamble that I think companies that don’t like certain laws should still comply with them while campaigning for change. One interpretation of the government’s suit and the resulting mammoth settlement is that by refusing to implement compliance schemes like AML & CFT, Binance failed to stop money laundering and the financing of terrorism. The problem with this interpretation is that vast sums of illicit flows still move through the companies who do comply. Banks, brokers and other types of (mostly non-crypto) intermediaries are the preferred route for tax and sanctions evaders, to the tune of over a trillion dollars a year. A more accurate interpretation is that Binance refused to participate in the pretense of stopping illicit finance. They didn’t kick out the occasional bad actor or file endless suspicious activity reports. In other words, they didn’t play the game, didn’t pay their annual tithe to the AML-Industrial Complex (a cushy landing spot for ex officials) and didn’t kiss the ring, as it were. You could see the Kabuki aspect of all this in the joint press conference held by various Important Government Officials yesterday. If you didn’t know the context and watched the whole thing on mute you’d think the Feds just brought down a major drug cartel or rounded up the remnants of ISIS, as opposed to finally extracting their pound of flesh from the preferred trading venue for Dogecoin. This settlement was so important that it warranted an appearance by the Secretary of the Treasury, but not important enough for her to know how to pronounce the company’s name. Also telling: most of the Tough Talk from the People in Suits was about the procedures Binance refused to follow, and notably NOT about the terrorism that Binance enabled. The same goes for the unsealed settlement docs, full of shocking (not really) revelations like the time some dude in Washington traded $1400 worth of some coin with some dude in Iran. This from the same administration that released $10b to the Iranian government a week ago. People who sincerely believe that crypto is some unique enabler of bad people doing bad things don’t understand how the rest of the financial system actually works. One of the biggest banks in America still operates a division in Russia, and many of the world’s worst tyrants use America as their piggy bank. But that’s all considered OK because someobody did the paperwork. Binance was wrong to lie to its customers and wrong for not being compliant. But that doesn’t mean it’s a bad company. Spend five minutes googling “banks facilitating money laundering” and you’ll find that financial firms with household names have been caught doing far worse things involving orders of magnitude more money, yet suffered much milder consequences. If they’d been held to the Binance Standard there’d be hundreds of managing directors in jail and less money for shareholder buybacks (or lobbying). But the bankers were smart enough to never question the game. Unlike FTX—a company whose psychopathic leader was beloved by half the people in that press conference not that long ago—Binance didn’t abscond with user money. It did a reasonably decent job of onboarding tens of millions of poor, brown, and otherwise underprivileged people into the financial system, something the world’s compliant financial firms have chronically failed to do (which is OK—it’s not considered redlining when the AML department holds the pen). Binance's net contribution to a more inclusive financial system is something to be commended. What remains to be seen is if firms like that can keep serving underserved populations now that they too have agreed to play the game, and do the paperwork.

The Ripple ruling today decimates the @SECGov's case against @coinbase. Have fun with that one @GaryGensler.

The numbers don't lie.

AllianceBernstein is opening an office in Dubai, joining a raft of international finance firms flocking to the Middle Eastern hub trib.al/49ST7DG

Reminder that Phillip Schofield is on the BBC News EVERY DAMN DAY. But Michelle Mone who is on the run with £232m of your money has NEVER BEEN ON the BBC.