Silver-mags2
@Lovier
I'm a crypto trader based in Africa.
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Trump vs. Harris: Who Will Dominate the Crypto Scene in US Election 2024?
Who is who
Do you know though the upcoming US presidential election is anticipated to be a battle between Democrats and Republicans, the actual fight is going to be between pro-crypto groups and anti-crypto groups? Along with the declaration of the election result, something else, more sensitive, will also be pronounced, ‘the destiny of the US cryptocurrency industry.’ The present US regime, led by Democratic leader joe biden
joe biden Joe Biden President was hostile towards the industry.
It’s a
Do you know though the upcoming US presidential election is anticipated to be a battle between Democrats and Republicans, the actual fight is going to be between pro-crypto groups and anti-crypto groups? Along with the declaration of the election result, something else, more sensitive, will also be pronounced, ‘the destiny of the US cryptocurrency industry.’ The present US regime, led by Democratic leader joe biden
joe biden Joe Biden President was hostile towards the industry.
It’s a
US Policy Group Proposes Bitcoin Tax-Free Zone to Boost Digital Economy
A Vision for Economic Leadership
The newly formed USABTC policy group aims to establish a Bitcoin tax-free Digital Economic Zone (DEZ) in the United States. The initiative is designed to position the country as a global leader in the digital economy by allowing Bitcoin transactions within this zone to be carried out without capital gains taxes.
However, a tax would be imposed on the redemption of Bitcoin back into traditional currency, ensuring a revenue stream for the government.
The USABTC pr
The newly formed USABTC policy group aims to establish a Bitcoin tax-free Digital Economic Zone (DEZ) in the United States. The initiative is designed to position the country as a global leader in the digital economy by allowing Bitcoin transactions within this zone to be carried out without capital gains taxes.
However, a tax would be imposed on the redemption of Bitcoin back into traditional currency, ensuring a revenue stream for the government.
The USABTC pr
CRYPTO TO TAKE ON THE BANKS?
Donald Trump Jr. is launching a crypto platform to ‘take on’ the banks
Donald Trump Jr. has revealed he’s launching a new decentralized finance crypto platform in an attempt to address inequality in banking access — though it is going to be a long way off yet.
During a Q&A session on subscription-based platform Locals on Aug. 8, the eldest child of presidential candidate Donald Trump, Donald Trump Jr., saidthat he wasn’t launching a memecoin but working on a crypto platform to take on the banks
Donald Trump Jr. has revealed he’s launching a new decentralized finance crypto platform in an attempt to address inequality in banking access — though it is going to be a long way off yet.
During a Q&A session on subscription-based platform Locals on Aug. 8, the eldest child of presidential candidate Donald Trump, Donald Trump Jr., saidthat he wasn’t launching a memecoin but working on a crypto platform to take on the banks
Donald Trump’s son says they’re about to “shake up the crypto world”
Donald Trump Jr. has made waves in the crypto community with a bold statement on X, where he confidently declared,
“We’re about to shake up the crypto world with something HUGE.”
Also, according to him, decentralized finance (DeFi) is the future of finance, promising more transparency, security, and accessibility.
But that wasn’t all. Adding to the buzz, Eric Trump also hinted at a big crypto-related announcement shortly after his brother. Eric described the news as “big” and said it would be a
“We’re about to shake up the crypto world with something HUGE.”
Also, according to him, decentralized finance (DeFi) is the future of finance, promising more transparency, security, and accessibility.
But that wasn’t all. Adding to the buzz, Eric Trump also hinted at a big crypto-related announcement shortly after his brother. Eric described the news as “big” and said it would be a
TRUMP’S ANSWERS TO BARTIROMO'S QUESTIONS ON CRYPTO
IN HIS REAL WORDS 》》》》》》》》》》
Donald Trump: "Crypto is a very interesting thing. Very high-level in certain ways, intellectually very high-level. But if we don't do it, China's going to do it. China's going to do it anyway. But if we don't do it, China's doing it. China is already doing it, and if we don't do it, other countries are going to do it. So we might as well be at the forefront. And there are people in crypto that are very, very smart people who do love our country, and they think it
Donald Trump: "Crypto is a very interesting thing. Very high-level in certain ways, intellectually very high-level. But if we don't do it, China's going to do it. China's going to do it anyway. But if we don't do it, China's doing it. China is already doing it, and if we don't do it, other countries are going to do it. So we might as well be at the forefront. And there are people in crypto that are very, very smart people who do love our country, and they think it
Bybit Stops Service for France
Quite bad
According to the recently shared announcement, one of the largest cryptocurrency exchanges by volume will cease service for a single country. This is a common situation as Binance and others have also paused or stopped services in certain jurisdictions until they meet obligations.
Crypto Breaking News
According to the recent announcement by the Bybit exchange, it will no longer serve France. Bybit customers in France will not be able to open new positions. All products will be restric
According to the recently shared announcement, one of the largest cryptocurrency exchanges by volume will cease service for a single country. This is a common situation as Binance and others have also paused or stopped services in certain jurisdictions until they meet obligations.
Crypto Breaking News
According to the recent announcement by the Bybit exchange, it will no longer serve France. Bybit customers in France will not be able to open new positions. All products will be restric
THE UK MUST CONTINUE TO INNOVATIVE IN DIGITAL PAYMENTS
Bank of England to experiment with wholesale CBDC, synchronization
The Bank of England (BOE) is proposing an experimental program using its Real-Time Gross Settlement (RTGS) system and wholesale central bank digital currency (wCBDC) to judge their settlement capacity and interoperability, the central bank announced in a discussion paper.
The BOE promised to undertake the new series of experiments within the next six months. The experiments largely examine CBDC settlement in comparison with the
The Bank of England (BOE) is proposing an experimental program using its Real-Time Gross Settlement (RTGS) system and wholesale central bank digital currency (wCBDC) to judge their settlement capacity and interoperability, the central bank announced in a discussion paper.
The BOE promised to undertake the new series of experiments within the next six months. The experiments largely examine CBDC settlement in comparison with the
Trump won’t sell US BTC if elected, what about seized assets?
TRUMP’S STAND ON US BTC ASSETS
Donald Trump intends to make the United States the crypto capital of the planet. The former president promised this and more during a rousing speech given at the Bitcoin 2024 conference in Nashville, Tennessee, on July 27. But some of the Republican candidate’s comments may have been cause for consternation among cryptocurrency advocates.
While Trump’s speech largely centered on Bitcoin and the community surrounding it being a positive force for America, he did la
Donald Trump intends to make the United States the crypto capital of the planet. The former president promised this and more during a rousing speech given at the Bitcoin 2024 conference in Nashville, Tennessee, on July 27. But some of the Republican candidate’s comments may have been cause for consternation among cryptocurrency advocates.
While Trump’s speech largely centered on Bitcoin and the community surrounding it being a positive force for America, he did la
Nic Carter Hands 10 Action Plans To Kamala Harris To Gain Crypto Support
Is VP Kamala Harris Interested in US Crypto Landscape?
VP Harris, if you want to “reset” D relations with crypto, here’s a basic template
– unequivocally end Choke Point 2.0. Absolute precondition
– repeal SAB121
– reel in the SEC
– end regime of regulatory opacity
– stop harassing bitcoin miners for simply buying energy
-…
— nic carter (@nic__carter) July 27, 2024
For a start, he advised her to unequivocally end Choke Point 2.0. This initiative encompasses the coordinated efforts by the United
VP Harris, if you want to “reset” D relations with crypto, here’s a basic template
– unequivocally end Choke Point 2.0. Absolute precondition
– repeal SAB121
– reel in the SEC
– end regime of regulatory opacity
– stop harassing bitcoin miners for simply buying energy
-…
— nic carter (@nic__carter) July 27, 2024
For a start, he advised her to unequivocally end Choke Point 2.0. This initiative encompasses the coordinated efforts by the United
Valuable Insights from Trump’s Speech.
MAIN TAKEAWAYS
Trump aims to fire SEC Chairman Gary Gensler on his first day in office.He plans to establish a cryptocurrency council to craft regulatory rules.Trump vowed to end operations against the crypto community.There will be no Central Bank Digital Currency (CBDC) under his presidency.He supports creating stablecoins to coexist with the Dollar.
Trump aims to fire SEC Chairman Gary Gensler on his first day in office.He plans to establish a cryptocurrency council to craft regulatory rules.Trump vowed to end operations against the crypto community.There will be no Central Bank Digital Currency (CBDC) under his presidency.He supports creating stablecoins to coexist with the Dollar.
On-Chain Activity Affects Cryptocurrency Markets Negatively
The research continues
BULLISH
Experts Are Predicting Rollblock To Outperform and Eventually Surpass Billion Dollar Meme Coin Notcoin (NOT) and BONK
There are always new opportunities and interesting projects being presented in the crypto market, and investors are always hunting for the next big crypto. There’s a ton of attention on Rollblock (RBLK) because of its innovative approach to the GambleFi sector.
Analysts predict that Rollblock could outperform well-established top trending meme coins like Notcoin (NOT) and Bonk (
There are always new opportunities and interesting projects being presented in the crypto market, and investors are always hunting for the next big crypto. There’s a ton of attention on Rollblock (RBLK) because of its innovative approach to the GambleFi sector.
Analysts predict that Rollblock could outperform well-established top trending meme coins like Notcoin (NOT) and Bonk (
The cryptocurrency world has long faced a staunch critic of President Biden whose administration has blocked legislation that would help the industry and focused almost entirely on sanctions.
Now, after a historic weekend in which Biden withdrew his bid for re-election, the crypto industry must now consider Vice President Kamala Harris, who will almost certainly represent Democrats in the 2024 elections. Will the crypto world face more during Harris' presidency, or will Harris take a softer stance?
Harris comes from California, the technology capital of the country. Although he took to social media platforms for harassment while he was the state's attorney general, he has built a reputation as a pro-business politician by building a close relationship with executives like Meta's Sheryl Sandberg. Many in the crypto world hope he will take the same view into the election campaign and potentially into the White House.
“Given the increasingly bipartisan decisions we're seeing in Congress on cryptocurrency, I expect Harris' presidency will continue on this path,” Adam Minehardt, president of global government relations at the Stellar Development Foundation and former chief of staff to Nydia Velázquez, said in a message. said.
The Biden administration may not have started with an anti-crypto bias, but the collapse of FTX and the collapse resulting from Sam Bankman-Fried's political donations set off a chain reaction of hostility. A series of congressional hearings in late 2022 and early 2023 highlighted the risks blockchain platforms pose to consumers, and Biden-appointed government agencies such as Securities and Exchange Commission Chairman Gary Gensler filed lawsuits against some of the industry's largest companies.
Now, after a historic weekend in which Biden withdrew his bid for re-election, the crypto industry must now consider Vice President Kamala Harris, who will almost certainly represent Democrats in the 2024 elections. Will the crypto world face more during Harris' presidency, or will Harris take a softer stance?
Harris comes from California, the technology capital of the country. Although he took to social media platforms for harassment while he was the state's attorney general, he has built a reputation as a pro-business politician by building a close relationship with executives like Meta's Sheryl Sandberg. Many in the crypto world hope he will take the same view into the election campaign and potentially into the White House.
“Given the increasingly bipartisan decisions we're seeing in Congress on cryptocurrency, I expect Harris' presidency will continue on this path,” Adam Minehardt, president of global government relations at the Stellar Development Foundation and former chief of staff to Nydia Velázquez, said in a message. said.
The Biden administration may not have started with an anti-crypto bias, but the collapse of FTX and the collapse resulting from Sam Bankman-Fried's political donations set off a chain reaction of hostility. A series of congressional hearings in late 2022 and early 2023 highlighted the risks blockchain platforms pose to consumers, and Biden-appointed government agencies such as Securities and Exchange Commission Chairman Gary Gensler filed lawsuits against some of the industry's largest companies.
Some good news