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X @Cointelegraph
Cointelegraph· 2025-08-01 02:00
⚡️NEW: CZ responds to Jamie Dimon’s remarks on stablecoins and blockchain by saying, “You will use crypto sooner or later.” https://t.co/qyL6iYWAd8 ...
BREAKING: 🇺🇸 SEC Chair Paul Atkins Launches Project Crypto
Altcoin Daily· 2025-07-31 22:02
to achieve President Trump's vision of making America the crypto capital of the world. Today, I'm announcing the launch of Project Crypto. Breaking news.The United States SEC, one of the most important regulators globally, officially rolls out Project Crypto to rewrite the rules for digital assets. The future is arriving at full speed, and the world is not waiting. America must do more than just keep pace with the digital asset revolution.We must drive it. So, if you hold crypto, this affects you in a big w ...
JPMorgan CEO Jamie Dimon says he believes in stablecoins and blockchain: CNBC Crypto World
CNBC Television· 2025-07-31 19:32
Market Trends & Regulatory Landscape - Bitcoin initially slid but crossed back above $118,000, while Ether traded at $3,786 and Solana fell nearly 1% to $177 [2] - JP Morgan Chase CEO Jamie Diamond expressed support for stable coins and blockchain technology, despite skepticism towards Bitcoin [5][6] - The White House released a crypto policy framework signaling increasing government support for responsible crypto innovation [8] - The White House crypto report emphasizes the importance of digital assets for US economic competitiveness and global leadership, urging agencies and Congress to act quickly [9][10] - The report highlights the need for clear regulatory frameworks for digital assets, similar to those in the EU, UK, Japan, and Singapore [10] - The Genius Act marks a watershed moment for stable coins and digital payments, encouraging continued adoption and reinforcing the strength of the global dollar system [13][14] Company Performance & Strategy - Robin Hood reported $989 million in revenue, exceeding the $98 million expected, and earnings per share of 42 cents compared to the 31 cents expected, but crypto trading revenue missed estimates at $160 million versus $168 million expected [3] - Robin Hood's CEO Vlad Tennv believes crypto trading will become the infrastructure layer behind real-world assets [4] - JP Morgan Chase partnered with Coinbase to link Chase customer accounts to Coinbase wallets [5] Regulatory Recommendations - The White House crypto report recommends specifying actors within the decentralized finance (DeFi) ecosystem that should have obligations tied to anti-money laundering (AML) and combating the financing of terrorism [15] - The report suggests different regulatory obligations for base layer protocols versus DeFi front-end interfaces [17] - The report recommends Congress give the CFTC spot market authority over digital commodities like Bitcoin and Ether [24]
X @Cointelegraph
Cointelegraph· 2025-07-31 19:00
🚨 LATEST: JPMorgan CEO says the bank supports blockchain and stablecoins, not Bitcoin personally, but will accommodate customer demand. https://t.co/9qggaEouwR ...