Fed Governor Michael Barr emphasized that regulation must evolve with the financial system, issuing a warning as Trump-era officials look to ease rules for big banks and shift to a lighter touch https://t.co/1EKxbfSjO2 ...

There were two investigations into poly market. The US Justice Department, also the CFTC, looking at whether Polly Market was accepting trades. But that was a binary investigation that our reporting says is over.What do you make of that. You know, Ed, thanks for having me. And it's funny, I spent some hours on the plane last night and I looked at the number of hours spent on Biden era lawsuits and investigations. And it was over ten years combined of man and woman hours spent on these various investigations ...

Legislation & Regulation - The House is expected to pass three major pieces of legislation related to crypto, including the Genius Act which has already passed the Senate, aiming to further the dollar's dominance [2][3] - The legislation seeks to provide regulatory clarity for Web3, protect consumers, and enable the US to compete with other countries, especially China [3] - A key focus is preventing the development and imposition of a central bank digital currency on the American people [3] - The industry believes current regulation is poor and designed for a previous era, advocating for new regulation tailored for Web3 to encourage its development in the US [6][7] - The Genius Act aims to regulate stablecoins, adding transparency through audits and ensuring governance under US laws, which the industry believes will reduce financial risks [11] Market & Industry Dynamics - The US benefited from large tech companies being domiciled within its borders during the Web2 era [5] - The US aims to win the Web3 race through a regulatory framework that protects consumers and fosters leadership in the crypto space [3][14][15] - Concerns exist regarding potential conflicts of interest related to crypto investments among individuals in Washington [13] - Donald Trump's net worth has seen changes with licensing deals and crypto ventures adding at least $620 million to his fortune [16] - Stablecoins are already significant purchasers of U S Treasuries, and the regulatory framework aims to manage associated risks [9][11]

POLICY🏛️: U.S. Regulators Speak on Crypto Custody, But No New Policy, Just a Statement 🇺🇸Report by @jesseahamilton ...

Market Trends & Price Predictions - Bitcoin broke through the $110,000 range, entering a price discovery phase, with potential targets of $130,000, $140,000, $150,000, and even $160,000 by year-end [1][7][8] - Experts predict Bitcoin's price will increase significantly by August and September, with some analysts suggesting a potential rise to $130,000+ [2][3] - A short-term model breakout suggests a potential 20% rally, bringing Bitcoin to $133,000 [4] Institutional Investment & Supply Dynamics - Bitcoin ETFs have accumulated $15 billion in investments over the past 6-8 weeks, indicating strong institutional interest [5] - Only three crypto exchanges have more than 150,000 BTC left, signaling a potential supply crunch and increased demand [5] - BlackRock's Bitcoin ETF has grown to become one of the top 20 largest ETFs globally, holding almost $90 billion in about a year [23] Regulatory Landscape & Market Structure - The US House of Representatives is considering three major crypto bills, including stablecoin oversight, market infrastructure definition, and an anti-CBDC bill [9][10][15][16] - These bills aim to provide clarity, close regulatory gaps, and establish the US as a crypto capital, potentially benefiting Bitcoin [12][13] - US regulators have reaffirmed that banks can offer crypto custody services, potentially allowing traditional finance to hold Bitcoin [26] Bullish Catalysts & Market Sentiment - Record inflows into Bitcoin ETFs, the expiration of options, and the blowing out of short sellers are driving the current market momentum [23][24][25] - Some analysts believe that Bitcoin and crypto represent the greatest show on Wall Street, advocating for a bullish stance [21][22] - The passage of a stablecoin bill could drive up infrastructure providers like Robinhood and Coinbase, and potentially lead to Walmart and Amazon entering the stablecoin business [29][30]

Coinbase, Robinhood, MicroStrategy, circle all ending firmly in the green. So what are all these moves signaling for the crypto space. But also what do they signal for the broader market.Steve, you've been on this bandwagon for a long time now. >> Yeah. So obviously it's the this is the most crypto friendly administration that and it's in its infancy.If you look at it if you pull it back a little bit. So we have the genius act. We have the Clarity Act.If you look at the old SEC, they ran through enforcement ...

AI Regulation & Ethical Concerns - AI language models trained on biased data can produce harmful outputs, as demonstrated by Grock's anti-semitic posts [1][7] - The core issue lies in the data used to train AI, where biased or hateful content leads to biased or hateful outputs [7] - Controlling data and algorithms allows for the control of dissent, privilege allocation, and targeted discrimination [9] - Discrimination can be built into AI systems, posing risks to communities through misidentification and false accusations [9][10] - The industry needs to address who is in charge of AI development, what decisions they are making, and who they are considering when making those decisions [10] Tech Firm's Role & Challenges - Tech firms are attempting to address biases in AI, but undoing centuries of bad action with good intention is challenging [6][7] - Internal investigators are brought in to navigate ethical dilemmas, where even the best intentions can clash with ambitions [6][8] - Existing structures may not be built for inclusion, posing challenges for companies trying to do the right thing with AI [8] Individual Responsibility & Action - Individuals have a choice to act and make a difference, even without explicit authority or power [5] - Not having power is not always an excuse for inaction, highlighting the importance of taking affirmative steps [6]

US regulators gave fresh guidelines for how banks can offer crypto custody services for clients and not run afoul of their rules https://t.co/OM2AdmVK9q ...

🚀 Bitcoin hits a new ATH above $122K while Congress dives into Crypto Week! What's next for markets and regulation?.@JennSanasie hosts "CoinDesk Daily."👇Thank you to @midnight_network 🤝 for being a sponsor of the CoinDesk media network. https://t.co/we3kocNq0a ...

Remember, big tech did clean M&As for years.So what changed?It was the Biden-era regulatory assault.The most recognizable face was Lina Khan at FTC.Though to be fair, it's now an international affair.And it's also been continued by the current admin.Because Trump 2 is pro-crypto, but anti-Big Tech.And you know what? I get it.Big Tech did back wokes and censor citizens.But big M&As aren't really big wins for bigcos.They're more like surrenders.They signify that big tech couldn't build, so had to buy.And each ...