All articles tagged with #stablecoin legislation
U.S. stock futures are down amid geopolitical tensions with Iran, oil prices fall, Accenture's bookings miss estimates, Home Depot considers acquiring GMS, and Circle's stock rises on stablecoin legislation passing.
Anthony Scaramucci, founder of Skybridge Capital, predicts Bitcoin could reach $150,000 if the U.S. adopts a less politicized regulatory approach to cryptocurrencies. He highlights potential regulatory changes under a new administration, including efforts by former SEC Chair Jay Clayton and ex-Acting Comptroller Brian Brooks to revise stablecoin legislation. Despite endorsing Kamala Harris for the 2024 election, Scaramucci acknowledges Trump's positive stance on crypto, though he warns of potential economic impacts from Trump's isolationist policies.