President Trump, ever the unpredictable maestro, paused his hefty tariffs until July 8, leaving a modest 10% levy on most countries—except China, which was slapped with a jaw-dropping 145% hike. 🇨🇳💥 Hashlabs CEO Jaran Mellerud, in a rare moment of candor, told CryptoMoon that while the 10% tariff is a far cry from the initial onslaught, it still leaves US miners gasping for air. 🌬️
In a move that could only be described as a blockbuster sequel, President Donald Trump signed H.J.Res.25 into law at the White House on Thursday, officially sending the IRS’s pesky digital asset reporting rule packing! Talk about a regulatory rollback that deserves a standing ovation! 👏
On the 10th of April, our diligent Senator released a statement alleging that these tariffs are not about uplifting the common folk but rather favoring wealthy benefactors who may be wrapped in velvet cloaks and cackling all the way to the bank.
On the 10th of April, the New York State Department of Financial Services (DFS) unveiled their verdict: Block Inc. is being fined a whopping $40 million and forced to hire an independent overseer after it was discovered that Cash App’s anti-money laundering (AML) and virtual currency systems were nothing short of a disaster.
Picture, if you will, these policymakers – these magnificent buffoons in their expensive suits – attempting to juggle economic stability like circus performers with butter-covered hands! And our dear President, oh what a masterful ringmaster he is, announcing policies with the randomness of a jester throwing darts blindfolded! 🎪