DeFi
Viewers were disappointed by the lack of detail from Trump and other company executives during the livestream.
Other executives involved in the DeFi project also revealed details about its governance token on Monday evening.
Bitcoin
The crypto market is feeling the pressure as a potential 50 basis point Fed rate cut looms.
Regulation
Paul Munter, Chief Accountant at the SEC, revealed in a speech earlier this week that the SEC has granted exemptions to rules relating to the custodying of crypto assets that have been widely reviled in the industry.
The Republican lawmakers behind the move lack enforcement power, and it’s extremely unlikely any federal agency would respond favorably to their recommendation, experts say.
A judge issued an opinion that effectively allows Kalshi to offer all the nascent platform’s election-related contracts in the U.S.—including ones involving specific candidates—giving Kalshi a leg up in competing against Polymarket, the dominant player in the space.
The debut of Coinbase’s cbBTC comes roughly a month after BitGo announced controversial custodial changes to wBTC.
With interest rates set to fall, could bitcoin and other cryptos see a surge in price?
Clashes over the benefits and dangers of DeFi erupted along partisan lines during a Congressional hearing chaired by Rep. French Hill.
Crypto is not a top issue for voters, according to polls, and the Trump campaign may believe it’s already secured the support of mega donors and single-issue voters.
