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 ...

Right. So, now let's kind of broaden this out. Talk more about crypto. Talk more about the markets.One of our favorite guests, Yan Vanek, CEO of Van Associates. I don't know if the arcade thing worked. It was the best I could do.Yan, good to have you on. Um, as an asset manager yourself. Yeah.Do you read this bill as a way to broadly expand the industry in a one way that, if it hasn't already, is going to affect VanX clients. It's it's affecting a lot of parts of the market. If you just look at what's happe ...

Why don't we start off with some of the action in Washington. What do you think this means for crypto broadly and more specifically when it comes to Bitcoin and Ether. This is basically kind of the starting gun on a huge stampede into this space.So, a lot of the world's big institutional investors have been sitting on the sidelines. They've been looking at this marketplace for a long time, both Bitcoin and Ether and especially stable coins. They've wanted to get into it, but they've been nervous about the r ...

crypto bills on the Hill that we've been following. Emily Wilkins has the story. Hi, Emily.Hey, Morgan. Well, the House has now passed all three of those crypto bills. The one on market structure that will go to the Senate, the one on uh banning the central bank digital currency that will also go to the Senate, and of course, the one on stable coins.And that one is headed to the White House tomorrow to President Trump's desk. We're already hearing that there is expected to be a ceremony to sign it. Uh, that ...

The House adopting a rule late last night to bring forward cryptocurrency legislation. That vote took more than nine hours as Republican leadership worked to win over holdout members. A bill to establish federal guidelines around stable coins is likely to be the first bill passed.And joining us right now to talk about this is New Jersey Democrat, Congressman Josh Godheimer. Um, Congressman, first of all, welcome. Um, normally what we see Thanks for having me.Great to see you. Thanks for being here. Normally ...

When we think about crypto, most people think immediately Bitcoin or Ethereum or maybe it's memecoins, whatever was hyped up and talked about for, you know, years on end, that's what they're locked in on. Even outside of crypto, if you talk to people about crypto, the first thing that they mention is, isn't that Bitcoin. Because they are unaware of what's actually in this space.And when I say that, I mainly mean utility based projects. Utility based crypto projects is something that a lot of people actually ...

Market Trends & Inflation - Bitcoin fell after inflation data showed prices climbed 2.7% in June [1][2] - Standard Chartered is launching digital asset trading service for institutional clients, allowing spot trading of Bitcoin and Ether [2][3] Regulatory Landscape & Legislation - Grayscale confidentially submitted an S1 with the SEC to list on a US stock exchange, number of shares and price range have not yet been determined [1][4] - The House failed to clear a procedural hurdle to move crypto bills forward, facing opposition from both Republicans and Democrats [7] - Coinbase's chief legal officer discussed the Clarity Act, the Genius Act (Stablecoin Regulation Bill), and the Anti-CBDC Surveillance State Act, emphasizing the need for regulatory clarity [8][9] - The Genius Act has already passed the Senate and could be signed by the president soon [10] - The Clarity Act aims to clarify the jurisdiction of the SEC and CFTC over digital assets [11][12][13] - The President aims to sign stable coin legislation by August recess and wants a market structure bill ready for signature no later than September 30th [19][20] Stablecoins & Blockchain Adoption - White House official David Saxs said more companies could be encouraged to use blockchain technology if the Genius Act passes, potentially leading to wider adoption by institutions like banks, Visa, and Mastercard [5][6] - US law recognizing stable coins is critical for confidence in the market and for major institutions to invest in this technology [15][16] Coinbase & Political Action - Fair Shake, a political action committee focused on the crypto industry, has $141 million cash on hand, including an additional $25 million contribution from Coinbase [22] - Coinbase has contributed nearly $100 million to Fairshake to date, supporting the enactment of sensible rules for crypto on a bipartisan basis [22][23]

Well, look, I think as the crypto industry has emerged from kind of the last administration where the industry was being attacked, working with the most trusted, the most, you know, well- reggulated and even the best capitalized partners is a way to continue to build trust in this system. And stable coins at their core by their nature, it's, you know, a dollar backed with a dollar in deposits. uh BNY Melon has you know for a very long time been amongst the most trusted partners out there for uh as a custody ...

This is the year and the time is now for crypto to move beyond Bitcoin and memecoins and introduce fundamental utility. And that's why we're most excited about tokenization of real world assets. Real world assets with utility being live on blockchains and taking getting the benefit from everything that crypto technology has to offer.Um that's that's one. two, uh we think in the future crypto and traditional financial services will fully merge and crypto will become the infrastructure layer behind all kinds ...

Circle shares have surged nearly 500% above their recent Blockbuster IPO price on June 5th, fueled by the Senate's passage of the Genius Act, regulatory framework for stable coins. Financial services company is in focus today after a slew of analysts initiated coverage on Circle. And join me now is Owen Laauo, Oppenheimer D executive director and senior analyst who has a market perform rating on Circle and says to expect total stable coin market cap to grow to 1.6% 6 trillion in 2025.Owen, it's good to see ...