⚠️ ✅ Remember, brothers in Crypto, to keep in mind 2 important points to avoid trouble:
1. Storing coins on international exchanges without trading is totally fine.
If you simply hold coins on foreign exchanges (Binance, OKX, etc...) without buying or selling, you won’t face any issues at all. In fact, the authorities are not that free to scrutinize every individual, unless you get involved in a certain case, then you might be “scrutinized thoroughly”. 👉 The easiest way to get exposed is when you do P2P to withdraw VND to your bank, as transactions through the bank can be easily checked.
💡 Small tip: If you want to withdraw cash safely, you should transfer coins to a non-KYC wallet (like Trust Wallet, MetaMask...), and then transfer them to a Vietnamese exchange for withdrawal. This way, it will minimize the chances of being traced back to your bank account.
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2. Legally, it is still... up in the air.
Currently, there is no exchange in Vietnam that has been officially licensed. According to the law, after an exchange is licensed, it takes about 6 months before enforcement measures begin. So at this moment, you still have a “safe gap” to operate. Personally, I think it will take a long time to resolve, and by then, who knows the laws might change, allowing Crypto to operate more openly to keep up with the world.
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✅ In summary:
Holding coins/tokens on international exchanges without trading is not a problem.
When you need to withdraw VND, be extremely careful, avoid direct P2P transactions to your bank account as it can easily attract scrutiny.
👉 Playing crypto means you have to know how to take detours, not just do things conveniently wherever you can 😎
#apro $AT Create at least one original post on Binance Square with a minimum of 100 characters. Your post must mention @APRO Oracle , cointag $AT and contain hashtag #APRO to qualify. The content must be related to APRO and must be original content.
#lorenzoprotocol $BANK Create at least one original post with a minimum of 100 characters on Binance Square. Your post must mention @Lorenzo Protocol , cointag $BANK and have the hashtag #LorenzoProtocol to qualify. The content of the post must be related to Lorenzo Protocol and be original content.
#kite $KITE Create at least one original post with a minimum of 100 characters on Binance Square. Your post must mention @KITE AI , cointag $KITE and include the hashtag #KITE to qualify. The content must be related to KITE and must be original content.
#falconfinance $FF Create at least one original post with a minimum of 100 characters on Binance Square. Your post must mention @falcon_finance, cointag $FF and contain hashtag #FalconFinance to qualify. The content must be related to Falcon Finance and must be original.
#yggplay $YGG YGG PLAY EXPLOSION – THE OFFICIAL WEB3 GAME HUNT SEASON HAS BEGUN 🎮🔥
@Yield Guild Games is leading the community into the climax phase with the YGG Play Launchpad – where you can explore a series of new Web3 games, complete missions, and unlock early access to upcoming game tokens. $YGG is creating a playground that is both fun and offers real earning opportunities. Get your wallet and skills ready, the 'try-hard to earn tokens' season has begun! #YGGPlay
#injective $INJ INJECTIVE IS UNLOCKING A NEW GAME FOR CREATORS 🚀
@Injective continues to assert its position by strengthening the CreatorPad ecosystem – where every builder can deploy Web3 applications super fast, super cheap, and with high security. With outstanding processing speed and unlimited scalability, $INJ is becoming the backbone for the next generation of dApps. If you are looking for the optimal platform to build Web3 products, Injective is the destination. #Injective
@Plasma is ushering in a new era for Web3 data! ⚡ With decentralized storage and processing technology, Plasma enables dApps to operate faster, safer, and more cost-effective. The ecosystem $XPL aims to become the core data platform for the future of AI + Blockchain. 🌐 #Plasma
@Linea.eth is exploding with incredible growth speed! 🚀 As the zkEVM of Consensys, Linea helps scale Ethereum with zk-rollup technology, reducing fees and increasing performance. With $LINEA , developers can easily deploy dApps while ensuring maximum security. #Linea
@Polygon is leading Layer2 by helping Ethereum scale, reduce fees, and increase transaction speed. With a robust dApp ecosystem and comprehensive EVM support, $POL has the potential to become the core platform for Web3. 🚀 #Polygon
🗽 U.S. Secretary of the Treasury "Takes a Jab" at Politicians by Praising Network $BTC
On the occasion of the 17th anniversary of Satoshi's whitepaper publication, U.S. Treasury Secretary Scott Bessent unexpectedly praised the extraordinary stability of Bitcoin, accompanied by a pointed message directed at the authorities.
He wrote:
> "It has been 17 years since the Bitcoin whitepaper was released, and this network remains more stable and resilient than ever. Bitcoin has never stopped operating. Perhaps the Democratic Party should learn from that."
Bessent's remarks quickly went viral on social media. Many see this as a rare acknowledgment from high-level politicians regarding the reliability of blockchain technology – while also serving as a gentle reminder that while Bitcoin operates continuously 24/7, the U.S. government is still struggling with the risk of shutdown due to internal conflicts.
The US - China temporarily "cool down" trade, but the gap remains wide
The meeting between President Donald Trump and Chairman Xi Jinping resulted in a one-year trade truce agreement — seen as a step to temporarily stabilize bilateral relations after a prolonged period of tension.
According to the published content, the US reduced tariffs on Chinese goods from 57% to 47%, while Beijing committed to controlling the supply of fentanyl, delaying restrictions on rare earth exports, and increasing purchases of US agricultural products. Both sides also agreed to continue dialogue about TikTok and global issues such as Ukraine.
However, many important details have yet to receive bilateral confirmation. Major disagreements regarding technology, Taiwan, and Russian energy have not been resolved.
Experts assess that this agreement is primarily temporary, helping the two economies "ease pressure" in the short term but cannot be seen as a signal of a new phase of cooperation between the US and China.
💥 #SAM RETALIATION: “FTX IS NOT DEAD – THEY KILLED IT!”
Sam Bankman-Fried just posted a 14-page document on X, claiming that FTX has never lost its ability to pay and that the "bankruptcy" is merely a consequence of irrational enforcement decisions.
He believes that if allowed to handle it himself, the exchange could reopen withdrawals, restore trust, and continue operating as early as 2022. Sam also sarcastically noted that the users receiving refunds of 119%-143% is just a "fake victory," as they missed the opportunity to multiply their assets when BTC is now four times higher.
While CZ is granted amnesty, Sam Xoăn seems to be playing his final gamble – reclaiming his own honor. ♻️
🔥 SBF unexpectedly published a report confirming: FTX has never gone bankrupt!
🖤 The new report titled “FTX: Where Did The Money Go?” is said to be published by Sam Bankman-Fried on X, confirming that FTX always had enough assets to repay 100% — even 143% — to customers.
🖤 SBF wrote: “The crisis of 2022 was just a short-term liquidity issue, not a loss of solvency. Even when forced to file for bankruptcy, FTX still had enough money.”
🚨 It cannot currently be verified whether SBF actually published this information or not.
🤔 Could this be a signal that FTX is preparing to address the fallout, and does Sam have a chance to be freed?
The October FOMC meeting concluded with good news (or lucky news depending on who you ask): Fed cuts interest rates by an additional 25 basis points, marking the second cut of 2025. Yes, they are still “cutting” — but gently as if afraid to wake up the market that is napping. 😴
Of course, the Fed's internal discussions still resemble a classroom argument:
Stephen Miran: “Don’t cut anymore!”
Jeffrey Schmidt: “Cut harder!” Result? Powell chooses to… “cut just enough to make both uncomfortable.” 😌✂️
Also in the meeting, the Fed announced it will end quantitative tightening (QT) on 1/12 – meaning a little more “cool water” will be pumped into the system after a period of draining liquidity. However, they also admitted that inflation remains quite high, so the low-interest-rate party is still just a “trial version.”
💬 In summary: The Fed is neither too hot nor too cold – just the “Powell Latte” style: warm, gentle, and keeps the market just alert enough. ☕ $BTC
#Powell exercise caution: #Fed between the boundary of patience and action
During the October press conference, Chair Jerome Powell indicated that the Fed is walking a fine line between patience and decisiveness. He acknowledged that there is no internal consensus within the Fed for the December meeting, as economic data remains weak and uncertainty is at a 'very high' level.
Job growth has significantly cooled, the labor market is weakening, but core inflation – excluding the impact of tariffs – is approaching the 2% target. Powell believes that the tariff shock is only temporary and not enough to derail policy.
When asked about stock valuations, he maintained a neutral stance: the Fed does not 'watch over' the market but focuses on price stability and employment. However, Powell highlighted a positive aspect for artificial intelligence, asserting that 'AI is not dotcom 2.0' as companies today have a foundation of real profits.
👉 A cautious Fed, but not pessimistic — a signal that policy is about to shift from 'defensive' to 'observational.'
Fed: The policy enters a new signal zone 🏦 The Fed will announce its interest rate decision at 1 AM tomorrow, and Powell will hold a press conference 30 minutes later. The probability of a 0.25% cut is almost certain (99.9%), so the focus now is on the policy direction after the meeting.
1️⃣ Path to cuts: As economic data is lacking due to the government shutdown, the Fed may send a message about increasing uncertainty. The market is expecting two cuts (in October and December), but Powell may maintain a neutral tone to avoid overly optimistic market expectations.
2️⃣ Balance sheet policy (QT): Although Powell has suggested "pausing QT for the next few months," the recent sharp rise in interbank interest rates has led to more discussions about the Fed potentially ending QT sooner.
💬 If the Fed actually combines a rate cut + pauses QT, it would be a policy turning point – signaling that a new easing cycle has begun.
😂 From the White House to Price Prediction $BTC ? Trump is Not Joking!
After making a big move with Truth Social, Trump Media continues to excite the crypto community by partnering with Crypto.com to launch “Truth Predict” – a platform for predicting everything from politics to the market!
The beta version is preparing to launch, and if successful, who knows, one day you might be able to place bets on who wins the election right on Truth Social 😎
The strategy continues to "buy the dip" Bitcoin! The company just spent an additional $43.4 million to acquire 390 $BTC at an average price of ~$111,053/BTC.
This is the third consecutive week the strategy has expanded its Bitcoin holdings, raising the total amount held to 640,808 #BTC , with an average cost of only $74,032/BTC 💰
A "buying" phase with determination amidst market fluctuations — true diamond hands! 🧠🔥
Financial organizations believe that the Fed's 25 basis point cut this week will be a “low-risk” move, similar to last month's action emphasized by Chairman Powell to support the U.S. economy.
Neil Dutta (Renaissance Macro) stated: “The labor market is clearly weakening, and inflation therefore has the basis to cool down.” He also noted that many large companies are accelerating layoffs, indicating an increasingly challenging job market.
According to Dutta, excluding the impact of tariffs, the core inflation in the U.S. is nearing the Fed's target, further strengthening the case for a cautious yet necessary interest rate cut cycle.