Argentina ratified the use of cryptocurrencies as a means of payment for contracts
Minister of Foreign Affairs and International Trade Diana Modino announced that Argentina has ratified the use of cryptocurrencies as a means of payment for contracts.
Previously, Javier Miley was elected to the post of President of Argentina, who began to carry out active economic reforms. #contracts #reforms
Trader Plan B came up with a new know-how: to evaluate his Bitcoin Stock-to-Flow model not in USD, but in gold He points out that BTC is now only worth 22 troy ounces of gold, while S2F indicates a minimum of 35 ounces (i.e. Bitcoin is undervalued) And after the halving, which will take place in 2024, $BTC is expected to rally to 300 troy ounces (i.e. almost 15 x in gold equivalent)!
The court approved the settlement agreement between Binance and the Commodity Futures Trading Commission (CFTC).
Binance founder Changpeng Zhao will have to pay a fine of $150 million, and Binance will have to pay $1.35 billion. The exchange will also reimburse $1.35 billion in illegally obtained trading fees.
Binance also commits to implementing a corporate structure: a board of directors, a compliance committee, and an audit committee.#court #fine