Over 65 Crypto Firms Unite In Letter To Trump: Lead Or Fall Behind
According to reports, more than 65 crypto firms and advocacy groups have sent a joint letter to US President Donald Trump urging immediate action to clarify tax and regulatory rules for digital assets. Related Reading: Bitcoin To $220K In 45 Days? Genius Makes Bold Claim, Promises To Build Churches Worldwide The groups said agencies can […]
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Hut 8, a publicly traded Bitcoin (BTC) mining company with a market capitalization of approximately $1.2 billion, announced on Monday a strategic partnership with Eric Trump and Donald Trump Jr. to establish a new mining subsidiary named American Bitcoin. Hut 8 And Trump Sons Unite To Form American Bitcoin According to the press release, Hut […]
The next president, Donald J. Trump, has a lot on his plate over the next four years. He is still three weeks away from officially becoming the President-elect, and then another month away from becoming the 45th President of the United States. He is receiving advice from every corner of the country, even the globe, and he has a lot of important decisions to make. Might one be creating a regulator for the emerging FinTech industry? Many industry leaders think so, or something along those lines. Trump receives a letter from an alliance of major tech firms. You may not have previously heard....
A new industry group called the Blockchain Payments Consortium has formed with the aim of setting common rules for how blockchains move money. Related Reading: Trump Just Gave Crypto The Biggest Compliment Yet According to statements from participants and industry summaries, the consortium brings together seven major firms and foundations that support different blockchains and […]
US President Donald Trump warned this week that China is moving fast into the bitcoin and crypto area, and he urged the US to hold its lead in the market. Related Reading: Crypto Exchanges Brace For EU Power Shift Toward Central Regulation He made the remarks in a televised interview, saying China “is getting into […]
At the beginning of the year, the trading platform FTX Exchange launched a futures market so people can bet on the U.S. election and created a futures contract token called TRUMP. On Friday, FTX revealed that the exchange is lifting the initial margin requirements to $0.50 for its TRUMP token contracts. Individuals who don’t live in the United States can participate in betting on the U.S. 2020 presidential election by leveraging the trading platform FTX. News.Bitcoin.com reported on FTX launching its TRUMP token futures contracts back in February, as our newsdesk disclosed a number....