This week, a report from Politico revealed how far the crypto industry’s influence in the White House may have gone, to the point of advising the President on what he may publish in his social media accounts. A firm named Ballard Partners, whose client list includes Ripple, could have been responsible for drafting President Trump’s “crypto reserve” tweet last year.
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From stablecoins and staking to exchange registration and operational resilience, the scope of the draft SI is extensive. It reflects an intent to align cryptocurrency oversight with traditional finance standards, but the challenge lies in doing so without stifling innovation or pricing out smaller players.
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🕹️ Come play games in the Farcade!
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