Minority Mindset

According to the Financial Secretary, Paul Chan (a man who clearly knows his stuff), Hong Kong is aiming to launch its shiny new stablecoin licensing rules by August 1, 2025. And, might I add, it’s about time too! ⏰

So, ADA’s sitting at $0.6404. Not bad—unless you look back thirty days and realize it’s dropped 15%. Down 44% from the year’s highs. You know what that is? That’s not a dip, that’s a canyon. They should put up warning signs for falling rocks… or falling tokens. 🪨

This high-stakes drama, known as Harper v. Faulkender, could redefine digital privacy rights for millions of Americans who are just trying to navigate the wild world of virtual currencies. Buckle up! 🎢

Only 42.3% of ARB’s supply has been released, making this unlock one of the larger ones proportionally. The influx could challenge short-term price support, like a sudden gust of wind in a serene garden. 🌸

According to the ever-optimistic Morgan, the most compelling argument is that lifting the injunction and adjusting the penalty are absolutely essential for the settlement between these two titans of tedium. Ripple and the SEC are beseeching Judge Analisa Torres to remove the shackles on XRP institutional sales and reallocate penalties—$75 million to Ripple and a paltry $50 million to the SEC. Because, you know, fairness is key in a courtroom drama.

According to the local media—because, of course, they’re always in the know—Saylor had a little chit-chat with Finance Minister Muhammad Aurangzeb and State Minister on Blockchain and Crypto Bilal Bin Saqib in Islamabad. They were probably sipping chai and discussing how to make Bitcoin the new national pastime. Forget cricket, it’s all about crypto now! 🏏➡️💻

Leading the charge is BlackRock, whose tokenized funds now dominate the Ethereum-based AUM chart. 💸

Pro-XRP Lawyer Bill Morgan, a man who has seen it all, has expressed his doubts about this request, citing the court’s high standard of “exceptional circumstances.” And rightly so, for in the world of law, convenience is not a valid reason for changing the rules. 🙅‍♂️

So 🙄