Crypto News
Author of Crypto Bills Now Being Rehashed Predicts ‘Wicked Hot Summer’ in Congress
Two recent shepherds of U.S. crypto oversight — Republican former lawmaker Patrick McHenry and Democrat former Commodity Futures Trading Commission chief Rostin Behnam — shared a view that there's a tremendous amount of work still to do on U.S. crypto legislation but that now is the moment to do it.McHenry, in a discussion hosted by Georgetown University's Psaros Center for Financial Markets and Policy, said that Senator Tim Scott, the South Carolina chairman of the Senate Banking Committee, and Representative French Hill, the Arkansas Republican who leads the House Financial Services Committee, present the industry an ideal opportunity to establish sound law."And I think you should take it," he said, arguing that solid law will act as a better future...
Trump’s First 100 Days as Crypto President: From Bitcoin Reserve to SEC Shakeup
Here's a look at what President Trump has done for the crypto industry in his whirlwind early months back in the White House.Source link
SEC Punts on Dogecoin and XRP ETF Approvals
The SEC said it will wait until June to decide next steps for the Bitwise Dogecoin ETF and Franklin Templeton's proposed XRP product.Source link
Biometric Crypto ID Project World Launches Build Latam in Argentina, Unveils New Data Security Processes
World, the biometric cryptocurrency and ID project, has launched Build Latam in Argentina, a program aimed at empowering tech projects to leverage World’s services in their products. Martín Mazza, Tools for Humanity regional manager for Latin America, explained the new security measures the project has implemented to protect user data. World Launches Latam-Focused Incentives, DiscussesSource link
Trump’s Truth Social Mulls Launching Token for Subscriptions in Latest Crypto Push
Truth Social, the social media platform owned by Trump Media & Technology Group (DJT), which is majority-owned by U.S. President Donald Trump, is considering launching a cryptocurrency."As part of our rewards program, we're exploring the introduction of a utility token with a Truth digital wallet that can initially be used to pay for Truth+ subscription costs, and later be applied to other products and services in the Truth ecosphere," the company said in a letter to its shareholders on Tuesday.DJT barely reacted to the news; the stock is down 0.52% in after-hours trading.The company is also looking into launching exchange-traded funds (ETFs) that will combine equities with cryptocurrencies, the letter reiterated.Trump's entourage has released a panoply of crypto products over...