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'Greatest comeback story of all time': crypto community reacts as Trump wins US election

Reaction from the crypto community to Donald Trump’s win in the U.S. presidential election was largely positive. However, those within the industry are eager for him to fulfill promises made during the campaign, including freeing Ross Ulbricht and firing SEC Chair Gary Gensler.

theblock.co • 06/11/2024 - 13:36 PM

The Daily: How a Trump or Harris win could impact crypto, Mt. Gox moves billions of dollars in bitcoin and more

Analysis of U.S. election impacts on crypto, Mt. Gox BTC movement, bitcoin mining difficulty surge, and memefund declines.

theblock.co • 05/11/2024 - 18:47 PM

a16z crypto pledges $23 million to Fairshake PAC for 2026 US midterm pro-crypto candidates

a16z crypto pledges $23 million to Fairshake for U.S. crypto regulation, fostering bipartisan support for a clear regulatory framework to protect consumers and enable industry growth.

theblock.co • 04/11/2024 - 15:24 PM

Blockchain Association says SEC has cost crypto industry $400 million since Gensler became chair

Blockchain Association claims its members spent $400 million on SEC enforcement actions, reflecting the industry's struggles under regulatory pressure and diverging political views on crypto innovation.

theblock.co • 31/10/2024 - 15:43 PM

CONGRESS
SEC

Crypto Council for Innovation boosts its staking advocacy through new partnerships with the Proof of Stake Alliance, others

CCI said it plans to work with one of its members, the Proof of Stake Alliance, on “educating global policymakers on the critical role of staking.” U.S. regulators, including the SEC, have honed in on staking in recent enforcement actions.

theblock.co • 30/10/2024 - 11:00 AM

Paxos CEO urges Harris and Trump to create pro-crypto regulations ahead of US election

Paxos CEO Charles Cascarilla urges presidential candidates to create a favorable regulatory environment for digital assets, warning of risks if action is not taken.

theblock.co • 29/10/2024 - 18:30 PM

Rising odds of Republican election sweep could pave way for crypto bills, analysts say

Rising Polymarket odds of a Republican sweep in next week’s U.S. elections could pave the way for passing a series of crypto-related bills, analysts at Presto said. However, others have questioned the reliability of prediction market platforms, given their divergence compared to traditional polling.

theblock.co • 29/10/2024 - 15:06 PM

As stablecoins gain greater traction, what's next for crypto's 'killer use case?'

Stablecoins are increasingly gaining traction, with major corporations launching their own, discussions about them at the highest levels of government — and, now, Stripe’s $1.1 billion acquisition of Bridge. Analysts argue stablecoins legitimize public blockchains, providing investment opportunities in the form of public companies, an alternative to money market accounts, and value accruing to their underlying networks.

theblock.co • 22/10/2024 - 12:29 PM

CFTC Chair Behnam presses Congress to act on crypto and election betting legislation

CFTC Chair Behnam advocates for crypto regulation and legal clarity on election betting as he anticipates no significant legislative action until 2025.

theblock.co • 21/10/2024 - 19:42 PM

The Daily: Trump-backed DeFi project claims 100,000 signups, Harris vows to support crypto legal framework for Black men and more

Donald Trump-backed World Liberty Financial claims 100,000 signups. Kamala Harris proposes crypto protection for Black men. Political shift to Republicans fuels $407M in crypto fund inflows.

theblock.co • 14/10/2024 - 18:21 PM

Currency