David Sacks, tapped by Donald Trump as crypto czar, will hold a press conference to outline how to “secure America as a leader” and calls crypto the “industry of innovation and freedom,” urging clearer policy.
The crypto industry has met the Bank of England’s proposed stablecoin cap exemptions with skepticism, arguing the narrow measures fall short of fostering true innovation and will still stifle the UK market.
Congress grills the CFTC chair nominee after the alleged release of private texts from the Winklevoss twins ahead of Gemini’s IPO, stirring privacy alarms and fresh debate over regulatory ethics and market fairness.
A recent push for stringent stablecoin regulations, labeled “anti-American” by industry leaders, has ignited fierce backlash within the crypto community. Advocates argue that the measures threaten innovation and economic competitiveness in the digital currency sector.