US lawmakers divided in first Congressional hearing on DeFi
Pro-crypto Representatives noted the need for a freer financial system, while more skeptical lawmakers blamed DeFi for crime, scams and tax evasion. Source link
Pro-crypto Representatives noted the need for a freer financial system, while more skeptical lawmakers blamed DeFi for crime, scams and tax evasion. Source link
SEC chief accountant Paul Munter said agency staff views on a divisive rule curtailing banks from offering crypto custody services “remain unchanged.” Source link
FTX debtors will pay Emergent $14 million to cover administrative expenses in exchange for the firm withdrawing any claims to $600 million in Robinhood shares and cash. Source link
The company aims to prevent wasted renewable energy through curtailment and promote the widespread use of Bitcoin mining. Source link
“Instead of attacking industries of the future, we will embrace them,” said Donald Trump in reference to the crypto industry in America. Source link
The pro-crypto lawyer secured victory in the Massachusetts Republican primary race and will now face off against industry antagonist Elizabeth Warren in November. Source link
The flow of money has gone from treasury bills into higher-yielding reverse repos, according to the former BitMEX boss. Source link
Central banks bought a record 483 tonnes of gold in the first half of 2024, driving the asset to an all-time high. Source link
Bitcoin’s monthly candlestick pattern could indicate where markets are going next, according to analysts. Source link
Musk said he was pro-AI regulation “just as we regulate any product/technology that is a potential risk to the public.” Source link