Thailand’s next prime minister Srettha Thavisin has crypto history
Sansiri, one of the largest real estate firms in Thailand, once had Srettha Thavisin as CEO. The firm is known for backing crypto projects like XSpring. Go to Source
Government
Auto Added by WPeMatico
UK to spend $130M on AI chips amid scramble to buy up computing power
The chips will be used to set up an AI resource as a recent report said 20% of firms can’t get enough computing power for AI. Go to Source
China facing deflation may be bad news for Bitcoin
Cointelegraph analyst and writer Marcel Pechman breaks down the Federal Reserve balance sheet and explains why China’s deflation can negatively impact Bitcoin. Go to Source
Elon Musk endorses pro-crypto presidential republican candidate
Musk’s statement, “He is a very promising candidate,” piqued curiosity about Ramaswamy’s candidacy and his stance on cryptocurrencies. Go to Source
US lawmakers press SEC and FINRA on Prometheum’s broker-dealer approval
Members of the House Financial Services Committee questioned the “timing and circumstances” of FINRA approving Prometheum’s special purpose broker-dealer license in May. Go to Source
Crypto adoption crosses party lines amid Washington’s political deadlock
Support for crypto among United States politicians and voters appears to be crossing party lines with bipartisanship agreements. Go to Source
US House Financial Services Committee leadership takes opposing sides on the PayPal stablecoin
Rep. Maxine Waters said she was “deeply concerned” about the PYUSD without a proper regulatory framework in place, while Rep. Patrick McHenry said it “hold[s] promise”. Go to Source
CBDC supporter likely in White House next term, crypto divide not red v. blue: Grayscale
The crypto asset manager took a look at the leading U.S. presidential candidates’ positions and did not see a partisan divide. Go to Source Powered by WPeMatico
US lawmakers urge White House to address North Korea’s use of digital assets: Report
Senator Elizabeth Warren was part of a group of lawmakers who pushed for provisions against crypto mixers and privacy coins in the National Defense Authorization Act in July. Go to Source Powered by WPeMatico
Germany is dragging Europe’s economy down — and that’s great for crypto
Cointelegraph analyst and writer Marcel Pechman explains how a weakening German economy — Europe’s largest — is a positive for cryptocurrencies. Go to Source Powered by WPeMatico
