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Cryptopolicy

All articles tagged with #cryptopolicy

business1 year ago•2 min saved

Bitcoin Soars Amid Trump's Crypto Push and SEC Influence

President-elect Donald Trump's pro-crypto stance is encouraging small businesses to invest in bitcoin as a treasury reserve asset, challenging traditional assets like Treasuries and cash. Companies such as Enlivex Therapeutics and Acurx Pharmaceuticals are allocating funds to bitcoin, viewing it as a robust inflation hedge amid economic uncertainties. Trump's promise of a crypto-friendly administration is further boosting bitcoin's appeal, despite concerns over its volatility. Corporations now hold a growing share of bitcoin, reflecting its rising legitimacy in corporate finance.

via Yahoo Finance|

#bitcoin #business #cryptopolicy

technology1 year ago•2 min saved

Musk and Trump's DOGE Plans: Impact on Federal Budget and S&P 500

Silicon Valley venture capitalists, including Marc Andreessen, Joe Lonsdale, and Antonio Gracias, are reportedly being considered for roles in Donald Trump's transition team, particularly in the Department of Government Efficiency (DOGE) and a potential crypto advisory council. These VCs, known for their ties to Elon Musk and investments in tech and defense, are expected to help streamline federal programs and shape U.S. crypto policy. The DOGE committee aims to recommend program cuts and reduce federal employees, while facing potential legal challenges.

via TechCrunch|

#cryptopolicy #elonmusk #siliconvalley

technology1 year ago•2 min saved

Top VCs Eyed for New Trump Committees

Several Silicon Valley venture capitalists, including Marc Andreessen, Joe Lonsdale, and Antonio Gracias, are reportedly being considered for roles in Donald Trump's transition team and advisory panels. These panels, including the Department of Government Efficiency, aim to address technical challenges in federal data collection and recommend program cuts. Additionally, Andreessen Horowitz is in the running for a crypto advisory council to help shape U.S. crypto policy. Former Trump tech advisor Michael Kratsios is also involved in tech policy for the transition team.

via TechCrunch|

#cryptopolicy #elonmusk #siliconvalley

cryptocurrency1 year ago•5 min saved

Crypto Industry Surges Amid Trump's Victory and GOP Sweep

Binance CEO Richard Teng has declared Donald Trump's presidential win as a "golden era" for the cryptocurrency industry, anticipating a shift in US policy towards more crypto-friendly regulations. The industry, which has faced regulatory challenges under the previous administration, sees Trump's victory as a chance to influence Washington and promote digital currencies. This optimism is reflected in the surge of Bitcoin prices and investments in crypto exchange-traded funds. The crypto sector hopes for regulatory reforms, particularly at the SEC, to foster institutional participation and innovation.

via Financial Times|

#binance #bitcoin #cryptocurrency