US Lawmakers Push for CFTC Action Against Election Gambling Amid Polymarket’s Rise

August 6, 2024 Bitcoin.com

bitcoin.com

A group of Democrat lawmakers, including Massachusetts Senator Elizabeth Warren, has penned a letter to Commodities and Futures Trading Commission (CFTC) Chairman Rostin Behnam, urging the agency to prohibit all forms of election-related gambling in the United States. This appeal is timely, as Polymarket, a blockchain-based platform for real-time prediction markets, has gained traction with […]

Crypto Battle Looms at SEC: Trump’s Team Set to Clash With Gensler’s Picks

US senators urge CFTC to finalize ban on election betting

August 5, 2024 Coin Telegraph

Coin Telegraph

It comes as decentralized prediction platform Polymarket has gathered more than $500 million in bets on who will likely win the 2024 United States presidential election.

Five United States Senators and three House representatives have renewed calls for the commodities regulator to ban betting on the 2024 presidential election.

They claimed that such markets “could influence and interfere with elections and further erode public trust in democracy” in an Aug. 5 letter to the Commodity Futures Trading Commission Chair, Rostin Benham.

“We urge you to promptly finalize and implement this rule to prevent the commodification of U.S. elections.”

Crypto Battle Looms at SEC: Trump’s Team Set to Clash With Gensler’s Picks

Presidential Candidate Kamala Harris Adds Ex-Binance Adviser to Campaign Team: Report

August 4, 2024 The Daily Hodl

Binance

Democratic presidential candidate Kamala Harris is reportedly adding an ex-Binance adviser to her campaign team. According to a new report by Politico, the Harris campaign has hired David Plouffe – an ex-political advisor to former President Barack Obama who once served on Binance’s Global Advisory Board. An anonymous source familiar with the matter tells Politico […]

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Crypto Battle Looms at SEC: Trump’s Team Set to Clash With Gensler’s Picks

Trump Has Raised $25M From Crypto Industry and Bitcoin Whales

August 1, 2024 Bitcoin.com

Bitcoin

Former U.S. President and presidential candidate Donald Trump has raised $25 million from the crypto industry and bitcoin whales since he began accepting donations in cryptocurrencies. He has made several promises to support the crypto sector if elected, including the replacement of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. Trump Raises $25 Million […]

Crypto Battle Looms at SEC: Trump’s Team Set to Clash With Gensler’s Picks

Ex-White House Official Anthony Scaramucci Says Crypto Bull Market Could Be Sparked by Regulatory Clarity

July 28, 2024 The Daily Hodl

Anthony Scaramucci

Skybridge Capital founder Anthony Scaramucci says that the next crypto bull market could be ignited by a new wave of clear crypto regulations. In a new interview on CNBC Squawk Box, the ex-White House communications director says that he and two other prominent figures in the industry went to Washington, D.C. to speak to officials […]

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Crypto Battle Looms at SEC: Trump’s Team Set to Clash With Gensler’s Picks

Lawyer trying to unseat Senator Warren says 82% net worth is in Bitcoin

July 27, 2024 Coin Telegraph

Bitcoin

Attorney John Deaton will face off against two Republican candidates in a Massachusetts primary on Sept. 3.

John Deaton, the lawyer running as a Republican for a United States Senate seat in Massachusetts, said 82% of his net worth is in Bitcoin.

At the Bitcoin 2024 conference in Nashville on July 27, Deaton addressed his campaign against incumbent Senator Elizabeth Warren to a crowd of crypto enthusiasts. After disclosing his Bitcoin (BTC) holdings, the attorney referenced a 2022 interview with the Massachusetts senator, who suggested support for a central bank digital currency, or CBDC.

“I just disclosed to the Federal Election Commission that my net worth, 82%’s in Bitcoin, baby,” said Deaton.

Crypto Battle Looms at SEC: Trump’s Team Set to Clash With Gensler’s Picks

Senator Warren Calls for Tougher Regulations to Combat National Security Risks From Foreign Crypto Mines

July 27, 2024 Bitcoin.com

bitcoin.com

Senator Elizabeth Warren has called for stricter regulations to address the risks of foreign-owned cryptocurrency mining facilities in the U.S. She highlighted the environmental and national security threats, especially from Chinese-owned operations, and stressed the importance of stronger laws to regulate crypto mining and prevent foreign exploitation. Senator Warren Raises Concerns Over Foreign-Owned Crypto Mining […]

Crypto Battle Looms at SEC: Trump’s Team Set to Clash With Gensler’s Picks

Skybridge Founder: Kamala Harris Open-Minded About Crypto

July 25, 2024 Bitcoin.com

Anthony Scaramucci

Anthony Scaramucci, founder of Skybridge Capital, believes that U.S. Vice President Kamala Harris is open-minded about crypto. Criticizing the narrative that her administration is hostile toward cryptocurrency, he predicted that SEC Chair Gary Gensler will be fired and Senator Elizabeth Warren will be sidelined as financial services czar in a Harris administration. “Let’s keep crypto […]

Crypto Battle Looms at SEC: Trump’s Team Set to Clash With Gensler’s Picks

Ripple CEO: Kamala Harris Could Reset US Crypto Regulation

July 25, 2024 Bitcoin.com

bitcoin.com

Ripple CEO Brad Garlinghouse believes that U.S. Vice President Kamala Harris “has an incredible opportunity to provide a reset on critical issues for U.S. competitiveness (like crypto regulation).” He noted that she is no stranger to Silicon Valley. Moreover, he cautioned against making assumptions based on political affiliation, warning that it could hold the crypto […]

Crypto Battle Looms at SEC: Trump’s Team Set to Clash With Gensler’s Picks

Winklevoss Twins Continue Crypto Donation Spree With Another $1,000,000 in Bitcoin (BTC)

July 19, 2024 The Daily Hodl

Winklevoss Twins Continue Crypto Donation Spree With Another ,000,000 in Bitcoin (BTC)

Biden

Gemini crypto exchange co-founders Tyler and Cameron Winklevoss are continuing their donation spree to Republican candidates. In a new thread on the social media platform X, both Winklevoss twins say they are donating $500,000 worth of Bitcoin (BTC) each to John Deaton, an attorney and pro-crypto Senate candidate looking to unseat Elizabeth Warren of Massachusetts. […]

The post Winklevoss Twins Continue Crypto Donation Spree With Another $1,000,000 in Bitcoin (BTC) appeared first on The Daily Hodl.

Elizabeth Warren

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