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The president of the Russian central bank has drawn ridicule while trying to rein in bitcoin. While the European Central Bank remains harsh towards bitcoin, the Russian one is not lagging behind. Its president, Elvira Nabioullina, proposes to “reserve it for the wealthiest individuals,” in a context where the gap between the EU and the United States regarding bitcoin is widening . This is reported by the Moscow Times about the international payments that the Russian central bank is making in bitcoins to circumvent the Western financial embargo. Bitcoin proves to be a very valuable ally while waiting for international tensions to ease. These BTC payments are open to banks, insurance companies, and investment funds. However, individuals need an annual income exceeding 50 million rubles (580,000 dollars) to benefit from it. Of course, this restriction only concerns this “experimental system“ hijacked by the central bank. Buying bitcoins is absolutely not prohibited in Russia. That said, businesses are not allowed to accept it as payment. Like Christine Lagarde, for whom bitcoin is “a way out”, Elvira Nabioullina prefers the CBDC. It has existed since last year, but nobody is using it. This distrust contrasts with the opinion of Vladimir Putin, who stated a few months ago: Who can ban bitcoin? No one. Whatever happens to the dollar, these new technologies will develop in one way or another. Is it to preserve the margins of payment companies like Visa, Mastercard, or MIR (Russia)? Probably not, since bitcoin is far from competitive: 6 dollars on average per transaction in 2024. Visa and Mastercard, for their part, take 0.3% on each card transaction (it’s much more outside of Europe and the United States). Their payments are therefore much cheaper in the overwhelming majority of cases. Of course, it is possible to use the Lightning Network (LN) . Fees are 0.02% on average for transactions valued between 100 and 1000 euros. It’s 0.24% for transactions between 1 and 10 euros. Unfortunately, we would have difficulty using the Lightning Network simultaneously. The reason being that depositing bitcoins into your LN wallet requires first completing an “on-chain” transaction. In other words, it would take 50 years for each human to make a single transaction… Transaction fees would explode with every enthusiasm for the LN, preventing any lasting enthusiasm. So there is not much to fear. Bitcoin can only remain a marginal payment currency due to the limit of 1 MB per block, which is at the heart of its decentralization. Moreover, bitcoin cannot replace banks. For that to happen, governments would first have to agree to abandon their money printing presses. Unlikely, but let’s assume that’s the case. Let’s imagine bitcoin is the one and only currency on earth. Let’s engage in a thought experiment by asking how to finance the six EPRs for which the bill is estimated at 70 billion euros. Under normal circumstances, EDF would go to borrow from BNP Paribas, which would create these billions ex nihilo. These billions would then be destroyed as EDF repays them (except for interest, of course). That is the functioning of the “fiat system”. But how to do that if the amount of money in circulation is fixed? How to find the equivalent of 70 billion in BTC? It would literally require persuading 7 million French people to each lend the equivalent of 10,000 euros for 15 years. The scaling-up seems very difficult. Creating money ex nihilo appears essential for any complex society. Not to mention the energy resources. Standard of living = Productivity = machines = energy (and especially oil). Without the abundant and inexpensive energy that productivity requires, wages cannot keep up with inflation exacerbated by the overflowing debts of governments. All this to say that central banks have nothing to fear from bitcoin. Its low transaction throughput and fixed money supply prevent it from replacing payment companies and banks. Its superiority lies elsewhere. Above all, bitcoin allows one to protect against inflation, which disproportionately affects those who cannot afford rare assets like premium real estate. Conversely, anyone can appropriate the best store of value in the history of humanity (bitcoin). It doesn’t matter whether you have a million euros, 10,000 euros, 1,000 euros, or 100 euros in savings. Bitcoin is poised to become the universal reserve currency. And that’s already a lot! Don’t miss our article: Bitcoin – Soon a Russian strategic reserve?

Aggregated Structure of 3 $BAN orderbooks just changed. There is now 37.76% more bids than asks within a 10% depth. Bids sum: $77,693.35 - Asks sum: $56,396.21 ️⚖️ 🟢️

🚨Ripple’s long-running legal battle with the US Securities and Exchange Commission (SEC) is reportedly nearing its conclusion, according to sources within the agency, cited by an XRP community member dubbed Andrew. The insiders claim that negotiations involving the five-year court case could reclassify XRP as a commodity. According to a March 17 post by Andrew, who uses the X handle AP_Abacus, two SEC sources said that XRP could receive “serious commodity consideration” and that the fine imposed on Ripple in late 2024 may be “greatly reduced 🚨Ripple vs. SEC court injunction filing is still active Andrew’s statements come just five days after FOX News correspondent Eleanor Terrett reported that negotiations had been delayed due to Ripple’s legal team pushing for more favorable settlement terms. Terrett said that Ripple is supposedly contesting the $125 million fine imposed after an August 2023 district court ruling by Judge Analisa Torres. She also stated that Ripple is feeling optimistic about its plea not to pay fines because the SEC has been reversing enforcement actions against other crypto firms since the Trump administration came into office. “Accepting the Torres ruling as it stands would mean that Ripple is essentially agreeing to admit to wrongdoing — but now the SEC itself is seemingly unsure whether any wrongdoing occurred,” Terret commented. The company is also reportedly fighting a permanent injunction preventing it from selling XRP to institutional investors. A commenter on Andrew’s post noted that if Ripple successfully renegotiates its terms, it could avoid paying any fine altogether.  “Payment of a fine is an agreement of guilt, and this ‘guilt’ in identical parallel cases was dismissed,” they stated. 🚨The SEC’s appeal is not feasible, community speaks On January 15, the SEC formally appealed Judge Torres’ July 2023 ruling, which found that while XRP was considered an investment contract when sold to institutional investors, it did not meet that classification when sold to retail investors.  XRP community members felt the ruling was a partial victory for Ripple, as it confirmed that secondary market sales of XRP were not subject to securities regulations. In a repost of Andrew’s rumored report, Attorney Bill Morgan said XRP’s commodity status and the reduction of fines are plausible, but the main challenge lies in the injunction.  🚨Lawyer Hogan sees multiple ways to make ‘settlements’ In a March 13 thread published on X, pro-XRP lawyer Jeremy Hogan said he was particularly intrigued by one phrase from Terrett’s report: the “case is in the process of wrapping up and could be over soon.”  To Hogan, this meant that Ripple and the SEC may be working on a private settlement agreement that would negate the need for any other court proceeding.  He discussed a scenario in which the SEC and Ripple agree to settle privately, dismiss the appeal, and never bring the settlement terms back to the trial court for ratification. According to the lawyer, this approach would require the SEC to forgo enforcing the injunction, which may be a tough concession for the financial watchdog. “I have a hard time believing the SEC would agree to THAT, but possibly it could agree to something more oblique such as providing Ripple a path to actually register sales of XRP to institutional investors (for example). Meaning that Ripple could get what it needs while the SEC doesn’t blatantly snub the Court’s order,” Hogan surmised. In her ruling, Judge Torres rejected the SEC’s request for disgorgement, ruling that institutional investors did not suffer monetary harm. She also issued an injunction barring Ripple from violating securities laws but declined to impose a blanket ban on all institutional XRP sales. $XRP $BTC $BGB

🚨 TRUMP’S NEW TRAVEL POLICY TARGETS 43 COUNTRIES! 🇺🇸✈️ $TRUMP 🔥 Breaking Update: Former President Donald Trump is proposing a major travel restriction affecting 43 nations, citing security risks. The plan introduces three levels of limitations, impacting visa approvals and international travel. 📌 Who’s Affected? 🔴 Red Zone (Total Ban) – No visas will be granted to countries like Afghanistan, Iran, North Korea, Syria, Venezuela, and Cuba due to heightened security threats. 🟠 Orange Zone (Strict Restrictions) – Travelers from Pakistan, Russia, Myanmar, Belarus, and others will face tough visa limitations, with only specific business visas being considered. 🟡 Yellow Zone (Security Warning) – 22 nations have 60 days to strengthen security measures or risk stricter travel rules. 📢 Trump’s Justification: “This decision is about protecting Americans from security threats, crime, and immigration fraud.” 💬 What’s your take? Will this policy enhance national security, or is it an excessive move? Share your thoughts below! ⬇️$BTC

🚨Ripple’s long-running legal battle with the US Securities and Exchange Commission (SEC) is reportedly nearing its conclusion, according to sources within the agency, cited by an XRP community member dubbed Andrew. The insiders claim that negotiations involving the five-year court case could reclassify XRP as a commodity. According to a March 17 post by Andrew, who uses the X handle AP_Abacus, two SEC sources said that XRP could receive “serious commodity consideration” and that the fine imposed on Ripple in late 2024 may be “greatly reduced 🚨Ripple vs. SEC court injunction filing is still active Andrew’s statements come just five days after FOX News correspondent Eleanor Terrett reported that negotiations had been delayed due to Ripple’s legal team pushing for more favorable settlement terms. Terrett said that Ripple is supposedly contesting the $125 million fine imposed after an August 2023 district court ruling by Judge Analisa Torres. She also stated that Ripple is feeling optimistic about its plea not to pay fines because the SEC has been reversing enforcement actions against other crypto firms since the Trump administration came into office. “Accepting the Torres ruling as it stands would mean that Ripple is essentially agreeing to admit to wrongdoing — but now the SEC itself is seemingly unsure whether any wrongdoing occurred,” Terret commented. The company is also reportedly fighting a permanent injunction preventing it from selling XRP to institutional investors. A commenter on Andrew’s post noted that if Ripple successfully renegotiates its terms, it could avoid paying any fine altogether.  “Payment of a fine is an agreement of guilt, and this ‘guilt’ in identical parallel cases was dismissed,” they stated. 🚨The SEC’s appeal is not feasible, community speaks On January 15, the SEC formally appealed Judge Torres’ July 2023 ruling, which found that while XRP was considered an investment contract when sold to institutional investors, it did not meet that classification when sold to retail investors.  XRP community members felt the ruling was a partial victory for Ripple, as it confirmed that secondary market sales of XRP were not subject to securities regulations. In a repost of Andrew’s rumored report, Attorney Bill Morgan said XRP’s commodity status and the reduction of fines are plausible, but the main challenge lies in the injunction.  🚨Lawyer Hogan sees multiple ways to make ‘settlements’ In a March 13 thread published on X, pro-XRP lawyer Jeremy Hogan said he was particularly intrigued by one phrase from Terrett’s report: the “case is in the process of wrapping up and could be over soon.”  To Hogan, this meant that Ripple and the SEC may be working on a private settlement agreement that would negate the need for any other court proceeding.  He discussed a scenario in which the SEC and Ripple agree to settle privately, dismiss the appeal, and never bring the settlement terms back to the trial court for ratification. According to the lawyer, this approach would require the SEC to forgo enforcing the injunction, which may be a tough concession for the financial watchdog. “I have a hard time believing the SEC would agree to THAT, but possibly it could agree to something more oblique such as providing Ripple a path to actually register sales of XRP to institutional investors (for example). Meaning that Ripple could get what it needs while the SEC doesn’t blatantly snub the Court’s order,” Hogan surmised. In her ruling, Judge Torres rejected the SEC’s request for disgorgement, ruling that institutional investors did not suffer monetary harm. She also issued an injunction barring Ripple from violating securities laws but declined to impose a blanket ban on all institutional XRP sales. $XRP $BTC $BGB