🚨 🚨 🚨 16,789 #ETH (59,889,158 USD) transferred from #FalconX to unknown wallethttps://t.co/NUh3XV5ovM ...

for everything crypto. Yenni Guyoy joins us. He is the CEO and founder of the crypto trading firm Wintermute.Uh Yavghi, thank you for joining us here today. I I guess just first of all having the signing today by the president, does this pave the way in a real sort of fundamental way for stable coins and cryptocurrency at large to have a more commonplace use case every day. No, absolutely.um lack of lack of clear regulation has been such a boon in the industry honestly and this in particular the clarity act ...

I'm the crypto you can canoodle. ...

This is not an auto pen, by the way, which is a big scandal. That were a Republican, it would really be a big scandal, but it is one of the great scandals of our time. Thank you very much, everybody. ...

Crypto Industry & Political Landscape - Crypto industry views the passage of stablecoin bill as a significant win, particularly celebrating by President Trump [1][6] - Crypto companies like Coinbase, Ripple, and Andre Horowitz have donated approximately $200 million to a bipartisan PAC in the 2024 election [2] - The bipartisan PAC currently possesses a $141 million war chest intended for use in the midterms [3] - Bipartisan momentum is crucial for the passage of a broader digital asset market structure bill, which is highly desired by crypto companies [3][4] Legislative Challenges & Future Outlook - While the stablecoin bill is nearing enactment, the broader digital asset market structure bill faces challenges in the Senate, requiring collaboration between the Senate and the House, and Democratic support [4][5] - Optimistic projections suggest potential progress on the broader bill near the end of September, with possible passage in October, but the process is subject to unforeseen obstacles [5] - A key issue during legislative negotiations was preventing the Federal Reserve from creating a central bank digital currency [9] US Competitiveness & Dollar Dominance - Concerns about the US falling behind in the crypto space have been used to advocate for a clear regulatory structure, emphasizing job creation and attracting companies to the US [10] - The narrative of strengthening the dollar and preventing the loss of its reserve currency status played a role in gaining President Trump's support for crypto legislation [7]

BREAKING:🇺🇸 TRUMP HAS OFFICIALLY SIGNED CRYPTO GENIUS ACT INTO LAW. https://t.co/aERm7gvWFL ...

Joining us now is Dave Ripley. He's the co-CEO of Kraken. Dave, what's the significance of this day for you.Welcome. Yeah. Well, thanks for having me.So, uh, you know, this is a historic day, long time coming. It's been a long journey. Uh, you know, I first started, uh, coming out to DC many years ago, talking about the regulatory environment, talking about a day like today where we would actually have some clarity. Uh, and it's frankly a testament to individuals like Senator Hagerty who I first met many ye ...

JUST IN: 🇺🇸 President Trump says he will sign crypto market structure legislation to "grow the industry more than people ever thought." https://t.co/xIVVPbeXjR ...

Trump: "The stablecoin bill is a massive validation for crypto." ...

Trump: "The Genius Act will ensure America achieves global dominance in crypto technology." ...