Bitcoin Act

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EToro hopes to offer staking to crypto customers soon: Andrew McCormick
Youtube· 2025-09-23 15:33
Group 1: Bitcoin Act Advocacy - The Bitcoin Act, introduced by Senator Cynthia Lumis and Representative Nick Begich, aims to codify a strategic Bitcoin reserve established by an executive order from President Trump [3][4] - The advocacy for the Bitcoin Act is seen as crucial for establishing a long-term legal framework for Bitcoin, contrasting with the temporary nature of executive orders [4][5] - The proposed legislation includes plans to purchase 1 million bitcoins over the next five years and hold them for at least 20 years, potentially impacting the federal deficit positively [10] Group 2: Legislative Developments - Recent legislative advancements include the passing of the Clarity Act in the House, with hopes for a Senate version to be passed by the end of the year [13][18] - The Genius Act, which regulates stablecoins, represents a significant step forward in crypto regulation in the U.S., encouraging companies to establish U.S. operations [15][17] - The SEC has approved changes to listing standards for crypto-focused exchange-traded products, which is expected to streamline the process for bringing new products to market [22][23] Group 3: Market Opportunities and Innovations - The industry is witnessing a growing demand for tokenized stocks, with a focus currently in Europe but anticipated to expand to the U.S. [26][27] - The number of crypto assets available on platforms has increased significantly, from three to 111, reflecting a robust growth in offerings [29] - Upcoming features such as staking are expected to enhance customer engagement and investment options [30]
EToro hopes to offer staking to crypto customers soon: Andrew McCormick
CNBC Television· 2025-09-23 15:33
You just spent some time in DC this week. On Tuesday, you attended a round table and Hill meetings pushing for the Bitcoin Act. You joined 17 other industry members including strategies Michael Sailor, Bitmindine and Funst Strats Tom Lee and Marathon digital CEO Fred Teal.How did those meetings go and why was it important for you to participate. >> Yeah, it was a great experience. It was hosted by the digital chamber.and they have been tirelessly advocating for pro- crypto, pro- Bitcoin policy and education ...