The crypto industry, determined to make its voice heard in the election, raised more than $100 million through super PACs, with firms like Ripple and Coinbase giving large donations.
Donald Trump may have successfully wooed pro-crypto voters last week with promises to embrace the burgeoning digital asset market if elected president, but his street cred in the crypto industry dates back as far as 2017, one former regulator says. In remarks made at a crypto policy summit held in Washington, D.C.
Biden, meanwhile, has often upset the voluble crypto crowd since being in office, largely thanks to his SEC chairman, Gary Gensler, who has brought a myriad of enforcement actions against some of the biggest companies in the space, and Sen. Elizabeth Warren who has touted building an "anti-crypto army.
By contrast, Giancarlo says that the Trump administration’s approval of bitcoin futures contracts has helped strengthen the power of the dollar by bolstering its reserve currency status. He points out that bitcoin, now trading around $62,000, recently surpassed the Swiss franc as the world’s 13th largest currency and that crypto is "not going away.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Report: Trump may face a $100 million-plus tax bill in IRS audit over Chicago towerAudit reportedly indicates he double-dipped on tax losses tied to a skyscraper.
Read more »
Trump May Owe More Than $100 Million in Back Taxes: ReportDonald Trump claiming major losses twice on his Chicago Trump Tower is under IRS audit and could stick him with a nine-figure penalty.
Read more »
Daily spot bitcoin ETF inflows top $100 million as ARKB overpowers GBTCSpot bitcoin ETFs in the U.S. saw a daily net inflow of over $100 million yesterday as ARKB inflows overpowered the usual GBTC outflows.
Read more »
Prom 2024: 7 Budget-Friendly Formal Dresses Under $100Here is where to find affordable prom dresses online for under $100, featuring classy and chic options.
Read more »
Marvel Star Says Agatha All Along Disney+ Series 'Looks Like a $100 Million Movie'Patti LuPone says the upcoming Disney+ series looks more like a movie than a television series.
Read more »
San Diego County considers $100 million for homelessness crisisPerla was born and raised in Orange County, went to UC Berkeley for her Bachelors, and worked in Bakersfield for her first job as a multimedia journalist.
Read more »