US will use stablecoins to ensure dollar hegemony — Scott Bessent
President Trump and Scott Bessent both called for a comprehensive regulatory framework on stablecoins and a clear regulatory environment.
President Trump and Scott Bessent both called for a comprehensive regulatory framework on stablecoins and a clear regulatory environment.
Regarding ETH, SOL, XRP and ADA, “The president just mentioned the top five cryptocurrencies by market cap, so I think people are just reading into this a little bit too much,” said Sacks.
Budget-neutral strategies require that assets be purchased without using additional taxpayer dollars to fund acquisitions.
A senior White House official said on March 7 that the crypto summit would not cover taxes, and some industry leaders expressed hope for a regulatory framework.
The Democratic lawmaker asked David Sacks to make official filings public showing he had “made appropriate divestments” to crypto that didn’t represent conflicts of interest.
As Trump seeks to turn the US into a crypto haven, the EU’s MiCA regulation provides a robust framework that could secure Europe’s leadership in the crypto space.
Cardano’s Hoskinson says he woke up to messages of congratulations but had “no idea what the heck was going on.”
Federal Prosecutor Eduardo Taiano, who is currently probing President Javier Milei’s alleged involvement in “Libragate,” is also seeking recovery of his deleted social media posts.
Kate Cooper, the newly-installed CEO of OKX’s Australian arm, says regulatory clarity is still needed to spur institutional crypto adoption.
Onchain data from early March suggests Bitwise’s allocation into Maple Finance’s products topped $5 million.