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charl3mmm

@charl3mmm

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United States representative French Hill recently appeared on CNBC and said that the US desperately needs a crypto market structure bill, which he described as a “top priority” for the Republican Party.
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sophia5stist
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Trump also nominated pro-crypto Paul Atkins to replace Gensler as SEC chair and cited Atkins’ role as co-chairman of the Digital Chamber’s Token Alliance as one of the reasons for the nomination.
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In a question submitted to the country’s House of Councillors on Dec. 11, Yamada asked the Japanese government to consider “the status of understanding the movement to introduce Bitcoin reserves in the United States and other countries.”
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In the wake of the US elections in which Republican lawmakers won a trifecta in the presidency, House of Representatives, and Senate, crypto advocates seem to be pushing harder for the government to consider a strategic Bitcoin reserve — also one of Donald Trump’s campaign promises. Lawmakers in Brazil have issued similar calls to use the cryptocurrency as a hedge against economic risks.
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Though Japan has one of the largest gross domestic products (GDPs) in the world, the country dropped from third to fourth place in 2023, losing its position to Germany amid a slowing economy. Most estimates place Japan’s GDP at more than $4 trillion, suggesting that if its government were to establish a national BTC reserve, it could benefit crypto holders.
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A warm Farcaster welcome to @jodie0elijames!
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A warm Farcaster welcome to @joline3melia!
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A warm Farcaster welcome to @ruby02benj!
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A warm Farcaster welcome to @carrie11cady!
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charl3mmm
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A warm Farcaster welcome to @sophia5stist!
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charl3mmm
@charl3mmm
A warm Farcaster welcome to @sophia5stist!
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charl3mmm
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A warm Farcaster welcome to @carrie11cady!
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charl3mmm
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A warm Farcaster welcome to @ruby02benj!
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charl3mmm
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A warm Farcaster welcome to @joline3melia!
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charl3mmm
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A warm Farcaster welcome to @jodie0elijames!
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charl3mmm
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The sweeping electoral victory of the Republican Party in November and the upcoming resignation of Gensler from the SEC have many industry executives optimistic about the future of digital asset regulations in the US.
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charl3mmm
@charl3mmm
The approval of a market structure bill should help lift the regulatory uncertainty that has hung over the US crypto industry for years. Proponents of such bills say that pro-crypto legislation could pave the way for the US to foster digital asset innovation and prevent crypto firms from offshoring.
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charl3mmm
@charl3mmm
According to Representative Hill, GOP majority leader Steve Scalise aims to introduce a comprehensive crypto market structure bill within the first 100 days of the upcoming legislative session. Hill also criticized the current regulatory approach under Securities and Exchange Commission Chair Gary Gensler:
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charl3mmm
@charl3mmm
The sweeping electoral victory of the Republican Party in November and the upcoming resignation of Gensler from the SEC have many industry executives optimistic about the future of digital asset regulations in the US.
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charl3mmm
@charl3mmm
The approval of a market structure bill should help lift the regulatory uncertainty that has hung over the US crypto industry for years. Proponents of such bills say that pro-crypto legislation could pave the way for the US to foster digital asset innovation and prevent crypto firms from offshoring.
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2 reactions