A hedge fund executive's missing father may have been kidnapped for family's digital assets, according to local law enforcement.Read more: https://t.co/y5wMH1JLdA ...

Regulatory Landscape - The Genius Act, a "rules of the road bill" for stablecoins, has been signed into law [1] - The Clarity Act, which aims to define market structure for digital assets by distinguishing commodities from securities, is a key priority for the crypto industry [2] - The Clarity Act passed the House but needs to go through the Senate [3] - Senators Cynthia Lumis and Rick Scott are expected to release their version of the Clarity Act later this month [3] - Bipartisan support in the Senate is necessary for the Clarity Act to pass, requiring collaboration between parties to reconcile House and Senate versions [3] Industry Outlook - The crypto industry views the signing of the Genius Act as a positive step, but considers the passage of the Clarity Act as the ultimate goal [1][2] - Despite the celebratory atmosphere, the crypto industry's objectives are not yet fully achieved [4]

Digital Asset Adoption - Tether has facilitated the transfer of over 160 billion USDT to over 500 million users globally [1] - The company believes it can increase tenfold, potentially reaching 1600 billion USDT, following the United States' embrace of digital assets [1] - The company aims to solidify the dollar's global dominance through digital asset adoption [1] Regulatory & Political Landscape - The company expresses gratitude for the support of President Trump and the Genius Act, viewing it as an embrace of digital assets by the United States [1]

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]

@Jason Saylor and I review his digital assets framework, starting with Bitcoin.For the full episode with @saylor:📺YouTube: https://t.co/ZtQESG2aWB🔊 Spotify: https://t.co/FbgFSuG37W🍎Apple: https://t.co/hmPIyPCdej https://t.co/piGC5aAxo7 ...

Crypto Regulation - US House approved sweeping crypto bills [1] - Bills could define the future of digital assets in the US [1]

"I want to be sitting at the heart of crypto": Cantor's new CEO Brandon Lutnick is pushing his family firm to go all-in on digital assets https://t.co/Ec0VVLZ2yu ...

"I want to be sitting at the heart of crypto": Cantor's new CEO Brandon Lutnick is pushing his family firm to go all-in on digital assets https://t.co/TVIHK0jOJf ...

RT BSCN (@BSCNews)🤯 GAME-CHANGER FOR CRYPTO REGULATION?The House approved sweeping crypto bills that could define the future of digital assets in the US. Full breakdown inside ⬇️https://t.co/FBxDaVJWpe ...

RT Jay ($/acc) (@jayendra_jog)Proud to see the US take a major step forward with the GENIUS and CLARITY acts being passed by the House.When we met with @RepBryanSteil last month to discuss crypto policy, these regulatory frameworks were core to our discussions. Thoughtful regulation fosters innovation.As Bryan said on the floor this week, "ensuring the United States leads the web3 revolution isn't a partisan issue, it's an American issue."Today, we take a leap forward toward CLARITY.Congrats to Rep. Steil, ...