Trump Backs U.S. Bitcoin Reserve and Says Democrat Win Will Be Disaster for Crypto: ‘Every One of You Will Be Gone’
Donald Trump speaks at the Bitcoin Conference in Nashville. (Danny Nelson/CoinDesk)
Policy
Democrats Pushing Harris Campaign for ‘Reset’ on Crypto Stance, House Rep Says
Democratic members of Congress wrote a letter to the Democratic National Committee asking for it to embrace pro-crypto policy.
Democratic Crypto Supporters Call for Crypto-Friendly Party Platform
More than a dozen Democrats in the U.S. House of Representatives and a long list of candidates for congressional seats are pushing their national committee to adopt a pro-crypto stance, according to a letter they sent on Saturday.
Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut
U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee who may be in position to be its next chairman, argued at a Bitcoin 2024 appearance on Friday that the government should “make it easy” for the crypto industry to innovate in the U.S.
Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says
FINMA’s guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers’ deposits.
Crypto Use in Terror Financing Rises, but Is Still Relatively Small: Singapore
Singapore’s government noted an increasing use of cryptocurrencies in terror financing, even though it acknowledges that cash and other informal value transfer systems remain the predominant means for financial transactions.
U.S. Presidential Candidate RFK Jr. Says He’s ‘Fully Committed’ to Bitcoin
The presidential candidate said he has most of his wealth in the digital asset.
Jersey City to Invest in Bitcoin ETFs, the Latest Pension to Dive Into Crypto
The municipal pension plan of Jersey City, New Jersey, will soon invest in bitcoin via exchange-traded funds, according to a Thursday social media post from Mayor Steven Fulop.
Russian-Speaking Groups Responsible for Majority of Crypto Ransomware Attacks in 2023: TRM Labs
Inflows to Russia-based crypto exchange Garantex accounted for 82% of the crypto volumes that belonged to sanctioned entities internationally, the report added.
Indian City of Raipur Puts Real Estate Records on Blockchain With AirChains
Raipur, the capital city of the Indian state of Chhattisgarh, has started bringing building records on blockchain with the help of AirChains, an India based Zero-Knowledge (ZK) roll up.