By Alexandra Ulmer SAN FRANCISCO (Reuters) -Republican presidential candidate Donald Trump presented himself as a champion for cryptocurrency and slammed Democrats’ attempts to regulate the sector during a San Francisco fundraiser on Thursday, three sources present told Reuters. Trump raised $12 million from the fundraiser hosted by tech venture capitalists David Sacks and Chamath Palihapitiya
VanEck CEO Jan van Eck sees a major sentiment shift underway in the cryptocurrency market linked to the U.S. Securities and Exchange Commission’s approval of a rule change allowing for Ethereum exchange-traded funds. “This is really one of the most amazing things that I’ve seen in my career with respect to securities regulation,” van Eck
The former Chair of the Commodity Futures Trading Commission (CFTC) reportedly says that Senator Elizabeth Warren and her anti-crypto agenda are losing their battle. In a new interview with Forbes, former CFTC Chairman Christopher Giancarlo reveals that he’s bullish on the future of digital assets and says that the anti-crypto wing is a “shrinking iceberg.”
In the Bahamas, convicted cryptocurrency criminal Sam Bankman-Fried’s one-time penthouse is up for sale. Meanwhile, in the United States, the House of Representatives passed the Financial Innovation and Technology for the 21st Century (FIT21) Act (H.R. 4763) Wednesday (May 22), the first step in establishing a comprehensive federal framework that both ensures regulatory certainty for digital assets and provides key protections for consumers. The juxtaposition
The crypto world is hopeful for some gains this week in Washington as it pushes for a new regulatory framework and new products that could expand its mainstream appeal. The House is set to vote Wednesday on legislation that would provide the type of regulatory oversight the industry wants. Separately, investors are hoping the Securities