Democrats stall #Stablecoin bill, citing Trump crypto ambitions
Democratic lawmakers want to add language to the bill that would restrict elected officials and high-level government employees from owning and profiting off stablecoin issuers.

Democrats stall #Stablecoin bill, citing Trump crypto ambitions
Democratic lawmakers want to add language to the bill that would restrict elected officials and high-level government employees from owning and profiting off stablecoin issuers.
More from the #idiocracy:
#Trump announced the names of 3 #cryptocurrencies to be included in a new US #crypto strategic reserve on Sunday, spiking the value of each in #market trading.
Trump said on social media that his January #ExecutiveOrder on #DigitalAssets would create a stockpile of currencies including XRP (#Ripple), SOL (#Solana), & ADA (#Cardano).
The assets rose 10% to 35% in trading on Sunday. Other digital assets also gained.
#economy #finance #USpol
https://www.reuters.com/world/us/trump-says-cryptocurrency-strategic-reserve-includes-xrp-sol-ada-2025-03-02/
Trump Will Host Crypto Summit at the White House Next Friday https://www.byteseu.com/788183/ #Bloomberg #Crypto #CryptoCurrency #DavidSacks #DigitalAssets #DonaldTrump #TrumpSigns #VentureCapitalist #WhiteHouse #WorkingGroup
Nearly $1.5 billion in tokens lost in Bybit crypto exchange hack
Ben Zhou, CEO of Bybit, said that a hacker accessed one of the company's offline Ethereum wallets, and removed the coins in a series of transactions
https://www.americanbanker.com/news/nearly-1-5-billion-in-tokens-lost-in-bybit-crypto-exchange-hack
Trump Media Enters FinTech Space With Truth.Fi Launch https://www.byteseu.com/697971/ #Crypto #CryptoCurrency #DigitalAssets #DonaldTrump #etfs #FinancialServices #fintech #FinTechs #News #PYMNTSNews #TrumpMedia #TruthSocial #Truth.Fi #What'sHot
The vexing and somewhat confusing (to the lay reader) of the potential protections and safeguards for digital assets under Scots law. Maybe people have a view (it is all rather vague at the moment)
https://www.gov.scot/publications/digital-assets-scots-private-law-consultation/
Also in attendance…was #MicroStrategy founder #MichaelSaylor, wearing his trademark orange bow tie, a nod to #bitcoin…, #Ripple CEO #BradGarlinghouse & top execs at #Coinbase, including global #policy head #FaryarShirzad….
The #Winklevoss twins chatted w/Chris Dixon of #AndreessenHorowitz & his colleague, Sriram Krishnan, who left his role…at the firm to join #DavidSacks’ task force. #BoHines, #Trump’s choice to lead the Presidential Council of Advisers for #DigitalAssets, was also present.…
In the period of 48hrs, the #Trump family’s net worth surged by billions, based on holdings of its just-launched #DigitalAssets, underscoring the #unregulated nature of #cryptocurrencies & Trump’s ability to use his fame, power & partnership w/the industry to enrich himself, his family & his allies at the flip of a switch.
…#Crypto industry leaders & investors emerged as some of Trump’s biggest supporters in the campaign in an effort to #influence future #policies & to ease #regulations….
There you have it, ladies and gentlemen: Crypto is the next wonder of the world.
Of course, the industry continues to be plagued by fraudsters and hackers, and then there's the lack of public knowledge. Most people have heard of crypto on the news, but that's it.
#Crypro #Industry #Economy #DigitalAssets #DigitalCoins #ETFS #WonderOfTheWorld #Wednesday
"Bitcoin, invented in 2008, has risen from being essentially worthless to the total value of all coins in circulation now being close to $2 trillion."
https://www.telegraph.co.uk/business/2024/12/05/ftse-100-markets-latest-news-bitcoin-price-cryptocurrency/
#cryptocurrency #bitcoin #SpeculativeBubble #speculation #DigitalAssets #finance?
> by attempting to shoehorn #digitalAssets into illfitting federal #securities laws and inapt disclosure regimes, the #SEC is harming the very citizens it purports to protect, by displacing better-suited state laws that have been carefully designed to ensure consumer protection in the digital asset industry
https://www.theverge.com/2024/11/15/24297696/crypto-states-jurisdiction-sec-assets
#KamalaHarris Vows to Grow #ArtificialIntelligence, #Crypto Industries in Pitch to NYC Donors
> We will encourage innovative technologies like #AI and #digitalAssets, while protecting our consumers and investors.
> This collaboration further combines the innovative #crypto landscape with the resiliency and reliability of traditional #securities #markets and would mark a significant milestone for expanding the maturation of the #digitalassets market
https://seekingalpha.com/news/4144179-nasdaq-seeks-approval-to-list-and-trade-bitcoin-index-options
Meta 3D Gen: New Algorithm Converts Text Descriptions into 3D Models.
Say goodbye to the break-and-fix approach: The landscape of managed services is evolving.
Continuous discovery is a game-changer. Discover how this shift in mindset can transform improvement opportunities and evolve your digital assets.
Read now: https://ter.li/l6riig
Supreme Court’s Chevron Ruling Seen as ‘a Game Changer’ for Crypto Industry - The U.S. Supreme Court has struck down Chevron deference, a doctrine that allowed ... - https://news.bitcoin.com/supreme-courts-chevron-ruling-seen-as-a-game-changer-for-crypto-industry/ #supremecourtruling #chevrondererence #cryptoregulation #cryptocurrency #digitalchamber #digitalassets #supremecourt #chevron #legal #sec
Best Crypto Twitter (X) Handles to Follow in 2024.
See here - https://techchilli.com/crypto/best-crypto-twitter-x-handles/
Organizations must balance cost reduction & value creation. Managed services provider must help maximize asset value, not just maintain them.
Discover five key strategies for future-fit maintenance to boost efficiency, cut costs and maximize digital assets: https://ter.li/593l2o
Don't miss this #DPClinic next Friday (31 May, 1pm UTC) on Developing Digital Asset Registers!
New guidance on creating a #DAR will be introduced and you can ask all your #digitalassets #register questions
Find out more and register here: https://www.dpconline.org/events/eventdetail/298/-/dpclinic-may-developing-digital-asset-registers