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In a recent CNBC interview, Eric Trump advocated for crypto regulation to modernize banking, criticizing the inefficiencies of traditional systems, particularly the lengthy home loan process. He emphasized that blockchain technology could enhance banking efficiency and lower costs, urging the U.S. to adopt sensible regulations to remain competitive in the global crypto market. Trump also highlighted the potential influence of pro-crypto candidates in Congress and expressed optimism about Elon Musk's role in fostering innovation under the new administration.
Eric Trump predicts Bitcoin will reach $1 million, calling it a transformative global asset and a hedge against inflation and political instability. Speaking at the Bitcoin MENA event, he emphasized Bitcoin's scarcity and decentralized nature, comparing its adoption to that of email. Trump expressed confidence that early adopters will benefit as governments and banks adapt to this digital revolution.
On December 9, 2024, the inaugural Bitcoin MENA Conference commenced in Abu Dhabi, featuring an exclusive networking event hosted by Malak Albaw and Reni Achkar, co-hosted by n8 Capital. This gathering attracted hedge funds, institutional investors, and blockchain innovators, highlighting Abu Dhabi's rise as a global blockchain hub amid a significant milestone of Bitcoin reaching $100,000. The conference showcased prominent speakers, including Eric Trump and Binance's Changpeng Zhao, emphasizing the UAE's growing role in the cryptocurrency landscape with $34 billion in transactions over the past year.
Chainlink's price has recently dipped to $23.32 after a strong rally, but speculation about a potential partnership with BlackRock could drive a 50% surge. Analysts highlight key resistance at $24.74 and support at $20.96, with bullish momentum suggested by technical indicators. If the partnership rumors materialize, they may significantly boost Chainlink's value.
Chainlink Labs is expanding its presence in the MENA region by establishing an office in Abu Dhabi under the ADGM Registration Authority. This move aims to enhance partnerships with financial institutions and meet the rising demand for tokenized assets, positioning Abu Dhabi as a hub for onchain finance innovation.
Chainlink Labs is expanding its presence in the MENA region by establishing an office in Abu Dhabi under the ADGM Registration Authority. This move aims to enhance partnerships with financial institutions and support the growing demand for tokenized assets, positioning Abu Dhabi as a hub for onchain finance innovation.
Changpeng Zhao, co-founder of Binance, declared at the Bitcoin MENA conference that "Bitcoin is the future of money," emphasizing the need for countries to reconsider their anti-Bitcoin stances due to its borderless technology. He suggested that nations like El Salvador should implement multi-signature solutions for security and advised former President Trump to clarify regulations and invest in the crypto industry to bolster Bitcoin's influence in the U.S. Following a brief prison sentence, Zhao is now focused on cryptocurrency education through his initiative, Giggle Academy.
Bybit participated in the Vietnam Tech Impact Summit 2024, discussing the regulatory landscape for digital assets. Chief Legal & Compliance Officer Robert MacDonald emphasized the need for robust regulations to foster trust and innovation, highlighting the challenges of integrating digital assets into traditional finance. The panel called for global regulatory consistency to enhance scalability and protect investors, with Vietnam positioned to align with best practices while addressing local needs.
Bitcoin MENA 2024, the premier conference for the Bitcoin industry in the Middle East, will take place on December 9-10 at the ADNEC Centre in Abu Dhabi. Supported by major players like Binance and eToro, the event will feature prominent speakers including Eric Trump and Prince Filip of Serbia, focusing on investment trends and advancements in blockchain technology. This gathering aims to foster discussions and drive progress in Bitcoin adoption across the region.
The Bitcoin Conference will debut in the Middle East on December 9-10, 2024, at the ADNEC Centre in Abu Dhabi, featuring Eric Trump as the keynote speaker. This landmark event aims to explore Bitcoin's role in the region's evolving financial landscape, attracting industry leaders and innovators. Attendees will engage in discussions and connect with prominent figures, including Anthony Scaramucci and Saifedean Ammous, while experiencing a dynamic expo hall.
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