The CFTC’s Summer Mersinger advocates for structured crypto regulations, urging the industry to engage with the incoming US administration.
US Government news
Avik Roy, the president of a nonprofit think tank, said Senator Cynthia Lummis’ idea that Bitcoin could eliminate federal debt is an “overselling” of what Bitcoin can do.
The total market capitalization of the stablecoin sector has topped $174 billion as of November 2024 and continues to grow.
The United States government has the highest gold reserves in the world, with over 8,000 tons of the precious metal on its balance sheet.
The election of a pro-crypto President in the United States and growing macroeconomic turmoil will continue to drive investors to Bitcoin.
Bitcoin rallied 6.15% on Nov. 10 to reach another new all-time high of $81,358.
The next four years should be ‘highly favorable’ to the digital assets sector, but thoughtful legislation will be critical.
According to the President of the Texas Blockchain Council, the recent election outcome brought much-needed relief for the industry.
Anthropic’s AI model will be integrated into one of Palantir’s data systems, which is authorized to contain “secrets” critical to US national security.
Meta said sharing open-sourcing AI tech within the US and to its allies will play a role in helping it preserve their “technological edge” over China and other competitors.