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🔥US Vice Presidential Candidate JD Vance, Outspoken Critic of SEC Chairman Gary Gensler! 👋 Hello everyone, today we are going to talk about JD Vance, the Ohio Senator who may become Trump's vice presidential candidate. He not only has a profound influence in the cryptocurrency community, but is also an outspoken critic. 🤔 You may be curious, who is Vance so outspoken about? The answer is SEC Chairman Gary Gensler. Vance has publicly criticized Gensler many times, calling him an "overly political" person and unfit to serve as the chairman of the SEC. Vance believes that the SEC's duty is to regulate all securities and investment commodities, and it needs to be led by someone who can transcend party and perform duties impartially. 🏛️ In Vance's view, Gensler's approach does not meet this standard. He believes that Gensler brought his personal political stance into the work of securities regulation, which poses a threat to the fairness and transparency of the market. 💬 This is not just Vance's personal opinion, many people who pay attention to cryptocurrencies and financial markets are discussing this issue. However, Vance's stance may affect his role as a vice presidential candidate, especially in promoting cryptocurrency legislation and regulation. 👀 But now, with Vance likely to become Trump's vice presidential candidate, his views and actions will receive more attention. We will wait and see how he will influence the future financial policy and regulatory environment in the United States. 💬 What do you think, friends? Share your thoughts in the comments section: Is Vance's criticism justified? How will his views affect the future of the SEC and cryptocurrency? #JDVance #GaryGensler #SEC主席 #加密货币立法
🔥US Vice Presidential Candidate JD Vance, Outspoken Critic of SEC Chairman Gary Gensler!

👋 Hello everyone, today we are going to talk about JD Vance, the Ohio Senator who may become Trump's vice presidential candidate. He not only has a profound influence in the cryptocurrency community, but is also an outspoken critic.

🤔 You may be curious, who is Vance so outspoken about? The answer is SEC Chairman Gary Gensler. Vance has publicly criticized Gensler many times, calling him an "overly political" person and unfit to serve as the chairman of the SEC. Vance believes that the SEC's duty is to regulate all securities and investment commodities, and it needs to be led by someone who can transcend party and perform duties impartially.

🏛️ In Vance's view, Gensler's approach does not meet this standard. He believes that Gensler brought his personal political stance into the work of securities regulation, which poses a threat to the fairness and transparency of the market.

💬 This is not just Vance's personal opinion, many people who pay attention to cryptocurrencies and financial markets are discussing this issue. However, Vance's stance may affect his role as a vice presidential candidate, especially in promoting cryptocurrency legislation and regulation.

👀 But now, with Vance likely to become Trump's vice presidential candidate, his views and actions will receive more attention. We will wait and see how he will influence the future financial policy and regulatory environment in the United States.

💬 What do you think, friends? Share your thoughts in the comments section: Is Vance's criticism justified? How will his views affect the future of the SEC and cryptocurrency?

#JDVance #GaryGensler #SEC主席 #加密货币立法
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Cryptocurrency Regulation: An Overview of the Global LandscapeAs of December 21, 2023, cryptocurrency regulation has become a complex and dynamic global issue. It continues to attract the attention of policymakers and regulators. The rapid growth and changing nature of crypto-assets are often poorly understood by those in power, making regulation a hot potato for policymakers. The state of global cryptocurrency regulation In 2023, many countries made progress in developing and implementing cryptocurrency regulations, a global trend that indicates that cryptocurrency market regulation is moving in a more structured direction.​

Cryptocurrency Regulation: An Overview of the Global Landscape

As of December 21, 2023, cryptocurrency regulation has become a complex and dynamic global issue. It continues to attract the attention of policymakers and regulators. The rapid growth and changing nature of crypto-assets are often poorly understood by those in power, making regulation a hot potato for policymakers.

The state of global cryptocurrency regulation
In 2023, many countries made progress in developing and implementing cryptocurrency regulations, a global trend that indicates that cryptocurrency market regulation is moving in a more structured direction.​
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Senator Lummis responds to question on whether Biden will veto pro-cryptocurrency legislationSenator Cynthia Lummis expressed optimism about cryptocurrency legislation, believing that President Biden may not veto crypto-friendly bills in the face of broad bipartisan support. Although Congress has shown support for cryptocurrencies, Biden's attitude could become an obstacle to key legislation. In a recent interview, Lummis shared the changing attitudes in Congress toward cryptocurrencies and noted which parties were opposed to related legislation. Biden's veto threat Lummis discussed the likelihood of H.J.Res. 109 being signed by President Biden, which received bipartisan support in both the House and Senate earlier this month.

Senator Lummis responds to question on whether Biden will veto pro-cryptocurrency legislation

Senator Cynthia Lummis expressed optimism about cryptocurrency legislation, believing that President Biden may not veto crypto-friendly bills in the face of broad bipartisan support.
Although Congress has shown support for cryptocurrencies, Biden's attitude could become an obstacle to key legislation.
In a recent interview, Lummis shared the changing attitudes in Congress toward cryptocurrencies and noted which parties were opposed to related legislation.
Biden's veto threat
Lummis discussed the likelihood of H.J.Res. 109 being signed by President Biden, which received bipartisan support in both the House and Senate earlier this month.
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US Senator Lummis posts Bitcoin laser eye emoji after passing cryptocurrency legislation“We (Bitcoin supporters) are back,” exclaimed Senator Lummis on Friday after the Senate passed a bill to repeal anti-crypto banking policies. U.S. Senator Cynthia Lummis recently posted a “Bitcoin laser eyes” emoji on social media to show her support for cryptocurrency laws. The move comes on the heels of the Senate passing legislation H.J.Res. 109, which seeks to overturn the SEC’s Staff Accounting Bulletin (SAB) No. 121. Senator Lummis Supports Bitcoin Legislation Cynthia Lummis, a U.S. senator representing Wyoming, is well known for her support for Bitcoin, which she sees as a reliable store of value and a protection against inflation. As a member of the Senate Banking Committee, she is committed to promoting a regulatory framework that both promotes crypto innovation and protects consumers.

US Senator Lummis posts Bitcoin laser eye emoji after passing cryptocurrency legislation

“We (Bitcoin supporters) are back,” exclaimed Senator Lummis on Friday after the Senate passed a bill to repeal anti-crypto banking policies.
U.S. Senator Cynthia Lummis recently posted a “Bitcoin laser eyes” emoji on social media to show her support for cryptocurrency laws.
The move comes on the heels of the Senate passing legislation H.J.Res. 109, which seeks to overturn the SEC’s Staff Accounting Bulletin (SAB) No. 121.
Senator Lummis Supports Bitcoin Legislation
Cynthia Lummis, a U.S. senator representing Wyoming, is well known for her support for Bitcoin, which she sees as a reliable store of value and a protection against inflation. As a member of the Senate Banking Committee, she is committed to promoting a regulatory framework that both promotes crypto innovation and protects consumers.
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#Cryptocurrency legislation passed by the HouseFull House vote The U.S. House of Representatives will hold a full vote on the cryptocurrency market structure bill. The bill, the 21st Century Financial Innovation and Technology Act (FIT 2 1), is the most comprehensive cryptocurrency legislation passed by congressional committees to date and a milestone in important digital asset regulatory legislation. The bill was promoted by Republican Congressman Patrick McHenry, chairman of the House Financial Services Committee, and has been voted through by the House Rules Committee, and will become the first digital asset regulatory bill to pass the House of Representatives. McHenry said that the passage of the bill will provide a clear regulatory framework for the digital asset market, consolidate the United States' leadership in the global financial system, and strengthen its role as an international innovation center. Despite good progress, the bill may face challenges in the Senate, so further observation is needed.

#Cryptocurrency legislation passed by the House

Full House vote

The U.S. House of Representatives will hold a full vote on the cryptocurrency market structure bill.
The bill, the 21st Century Financial Innovation and Technology Act (FIT 2 1), is the most comprehensive cryptocurrency legislation passed by congressional committees to date and a milestone in important digital asset regulatory legislation. The bill was promoted by Republican Congressman Patrick McHenry, chairman of the House Financial Services Committee, and has been voted through by the House Rules Committee, and will become the first digital asset regulatory bill to pass the House of Representatives. McHenry said that the passage of the bill will provide a clear regulatory framework for the digital asset market, consolidate the United States' leadership in the global financial system, and strengthen its role as an international innovation center. Despite good progress, the bill may face challenges in the Senate, so further observation is needed.
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Is encryption algorithm or legislation more important?#加密货币立法 Web3 infrastructure and digital certificate network Galxe (GAL) said on Wednesday that it is building its own L1 smart contract platform Gravity and migrating all its products to the new blockchain. The first version of the network, built on the Arbitrum Nitro technology stack, will be launched in June to test cross-chain settlement in an open and transparent manner. The Gravity mainnet has native staking and re-staking functions and is scheduled to go online in the second quarter of 2025. The Galaxe team said that the reason for creating Gravity is that the platform’s user base has grown significantly over the past three years, currently with 20 million users and 100 million transactions per month, so a more efficient and scalable solution is needed to manage cross-chain interactions between the 34 blockchains supported by Galxe.

Is encryption algorithm or legislation more important?

#加密货币立法
Web3 infrastructure and digital certificate network Galxe (GAL) said on Wednesday that it is building its own L1 smart contract platform Gravity and migrating all its products to the new blockchain. The first version of the network, built on the Arbitrum Nitro technology stack, will be launched in June to test cross-chain settlement in an open and transparent manner. The Gravity mainnet has native staking and re-staking functions and is scheduled to go online in the second quarter of 2025.
The Galaxe team said that the reason for creating Gravity is that the platform’s user base has grown significantly over the past three years, currently with 20 million users and 100 million transactions per month, so a more efficient and scalable solution is needed to manage cross-chain interactions between the 34 blockchains supported by Galxe.