New Twitter CEO Welcomed by Musk Amidst Financial and Transformational Changes.

Elon Musk announced Linda Yaccarino as Twitter's new CEO, and plans to transform the platform into X, his envisioned "everything app" that may include crypto payments. Coinbase CEO Brian Armstrong praised the UAE's clear crypto regulations, while MiCA is attracting capital and entrepreneurs to Europe. U.S. President Joe Biden positioned himself against "wealthy crypto investors" looking for tax loopholes. Bitcoin mining revenue is at its highest in over a year, and Tether's Q1 revenue outpaces Blackrock. Ethereum staking is "up only," and Texas lawmakers voted to include digital currencies in the state's Bill of Rights. The U.S. Chamber of Commerce filed an amicus brief in support of Coinbase's ongoing court petition to clarify SEC rules.