Crypto PACs are spending big on US elections — What it means for the industry
Political action committees supporting the cryptocurrency industry are raising hundreds of millions of dollars. Go to Source
Government
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$35T US national debt could bolster Bitcoin’s adoption as ‘hard money’
Bitcoin could see a new all-time high due to the looming US federal debt, which surpassed $105,000 for every living person in the country. Go to Source
Wisconsin unveils tracker to fight crypto fraud and investment scams
The Wisconsin Department of Financial Institutions aims to protect investors from crypto and investment fraud with a new scam tracker based on consumer complaints. Go to Source
China’s crypto ban fails to stop scams as Shaanxi police arrest 4 suspects
Mainland China quickly and effectively addresses crypto fraud incidents despite banning crypto transactions a few years ago. Go to Source
WisdomTree CEO: Crypto ‘is going to go mainstream’
Jonothan Steinberg said US presidential contender Donald Trump’s July 27 speech at Bitcoin 2024 promised much-needed regulatory clarity. Go to Source
Crypto Super PAC Fairshake takes top funding spot, beats MAGA — OpenSecrets
The Coinbase-led advocacy group has raised upward of $202 million so far, according to the political donations researcher. Go to Source
Trump pledges to fire SEC Chair Gary Gensler ‘on day one’ if reelected
The Republican candidate laid out a plan for crypto policies should he win in November against prospective Democratic presidential nominee Kamala Harris. Go to Source
Kamala Harris presents an opportunity for Democrats on crypto, say lawmakers
A letter called for the Democratic National Committee to “include pro-digital asset language” in its platform and for Kamala Harris to consider a pro-crypto running mate. Go to Source
SEC approves Grayscale Bitcoin Mini Trust for Trading on NYSE Arca
Grayscale must await final regulatory signoff on its registration filing before listing the fund Go to Source
‘Cast a vote, but don’t join a cult’ — Edward Snowden at Bitcoin 2024
The former National Security Agency contractor did not name any particular US or international lawmakers but warned many didn’t belong to the “tribe” of Bitcoiners. Go to Source
