Trump refutes Bloomberg transcript he would consider Dimon for Treasury Secretary

Former US President Donald Trump refuted reporting from Bloomberg suggesting he would consider JPMorgan Chase’s CEO Jamie Dimon or BlackRock’s Larry Fink for the Treasury Secretary position. Bloomberg’s report was based on an interview with Trump at Mar-a-Lago on June 24, two days before the presidential debate. The interview was conducted by Bloomberg Senior Reporters […]

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Join the DAOPEOPLE Revolution with Our Exclusive Invitation Code!

DAOPEOPLE, the next-generation Web3 social network built specifically for the crypto world, has been downloaded by over 100,000 users! Download it now.

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South Koreas ruling party proposes delaying crypto tax to 2028

If the new proposal is approved, implementing the countrys crypto gains tax will be delayed by nearly seven years from its original schedule.

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Trump emboldens support from Republican voters with pro-crypto stance, survey finds

Republican presidential candidate and former US President Donald Trump has garnered increased support from his party following his recent embrace of cryptocurrencies, according to a new Paradigm-sponsored survey. Last month, Paradigm, a crypto-focused venture capital firm, polled 1,025 likely Republican voters’ views on the emerging industry, revealing their deep trust for the current financial system […]

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Crypto bettors speculate Biden may withdraw from election after debate performance

Online bettors on blockchain-based betting platform Polymarket are predicting that US President Joe Biden will withdraw from the upcoming US elections after his spotty performance during the presidential debate against Donald Trump. Punters rate Biden’s chances of dropping out of the races at 38 cents against 63 cents. The bet has attracted over $7 million […]

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Cathie Wood says she will vote for Trump as he is best choice for US economy

Ark Invest CEO Cathie Wood said she intends to vote for former US president Donald Trump in the forthcoming November elections. Wood revealed her intentions during an interview with financial analyst Kevin Paffrath during the weekend. She said: “I am going to vote for the person whos going to do the best for our economy. […]

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Hong Kong Monetary Authority Announces Results of RMB Bills Tender

The Hong Kong Monetary Authority revealed the results of the Peoples Bank of China RMB Bills tender held on June 19, 2024. (Read More)

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Chinese court sentences gang for money laundering using digital yuan

The Chinese CBDCs controllable anonymity seems to be very highly controlled.

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SEC considers crypto exemption to streamline tokenized securities trading

The US Securities and Exchange Commission (SEC) is reviewing a potential exemption order allowing firms to issue and trade securities using distributed ledger technology (DLT). SEC Commissioner Hester Peirce revealed this plan during a May 8 address at the agency’s International Institute for Securities Market Growth and Development. SEC’s proposed crypto framework According to Peirce, […]

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Binance founder advises Kyrgyzstan to adopt Bitcoin and BNB for national crypto reserve

Binance founder Changpeng Zhao has recommended that Kyrgyzstan consider Bitcoin and BNB as the first assets in building its National Crypto Reserve. His May 5 suggestion followed an invitation to join the country’s National Crypto Council, marking a notable step in the nation’s engagement with digital assets. Zhao visited Kyrgyzstan at the invitation of President […]

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U.S. stablecoin regulation could be delayed as pro-crypto Democrats pull support

A group of nine Democratic Senators announced that they will withdraw their support for the landmark U.S. stablecoin legislation unless changes are made to the bill. In a joint statement issued on May 3, the Senators noted that there are several issues with the current version of the stablecoin bill known as the Guiding and […]

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Vitalik Buterin critiques Bitcoins block size war, calls for innovation

Vitalik Buterin, co-founder of Ethereum, has provided a detailed reflection on the Bitcoin block size wars, a significant conflict within the Bitcoin community that spanned from 2015 to 2017. This debate centered on whether to increase Bitcoin’s block size limit from 1 MB to accommodate more transactions, thereby reducing fees and enhancing its utility as […]

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Vitalik Buterin wants to make Ethereum as simple as Bitcoin by 2030

Ethereum co-founder Vitalik Buterin believes that the blockchains long-term resilience and scalability hinge on making it simple, like Bitcoin. In a blog post on May 3, he described how Ethereum 5 years from now can become close to as simple as Bitcoin. Buterin wrote: One of the best things about Bitcoin is how beautifully simple […]

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Justin Sun urges crypto community to back pro-crypto presidential candidate

Justin Sun, Tron’s blockchain founder, has called on the crypto community to support a pro-crypto candidate in the forthcoming US presidential elections in November. Sun made this appeal in a May 26 social media post, emphasizing the importance of aligning with a candidate who endorses cryptocurrencies to ensure the industry’s voice is heard and interests […]

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CONSTITUTION DAO PRICE ANALYSIS & PREDICTION (May 25) People Taps New High After Exploding 400%, But Now Faces Rejection

People saw a massive surge in the past weeks and reached a significant milestone following another 10% daily increase. It looks strongly bullish on the day but is now showing signs of weakness on the daily chart. Ahead of the major bull run, People started this month with a slow […]

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SEC Chair Gensler opposes todays FIT21 vote yet White House calls no veto

Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), issued a statement on May 22 expressing strong opposition to the Financial Innovation and Technology for the 21st Century (FIT21) Act. The FIT21 Act is widely celebrated for offering regulatory clarity to the crypto industry. However, Gensler has criticized it, arguing that the bill […]

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Ripple CEO Brad Garlinghouse left puzzled after snub by pro-crypto Senator Cynthia Lummis

Ripple CEO Brad Garlinghouse has expressed frustration after a meeting with pro-crypto US Senator Cynthia Lummis, who chairs the Senate’s Digital Assets Subcommittee, was canceled. In a May 19 post on X, Garlinghouse revealed he was in Washington, D.C., for discussions with lawmakers to promote reasonable regulations for stablecoins and crypto market structure. However, Garlinghouse […]

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Hong Kong digital yuan pilot lacks P2P capabilities

While Hong Kong residents can sign up for a digital yuan wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot be used for person-to-person transfers within Hong Kong.

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French government to meet crypto leaders over rising kidnapping threats

Frances Interior Ministry is reportedly set to meet with key players in the countrys crypto industry on May 16 to tackle a rising wave of kidnappings targeting digital asset entrepreneurs, Le Monde reported on May 14. According to the report, Interior Minister Bruno Retailleau said the planned gathering will focus on improving security awareness and […]

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Concerns over Trumps conflict of interest are slowing the progress of broader crypto policy

Discussions around the personal enrichment and potential conflict of interest arising from U.S. President Donald Trumps crypto asset ventures gained steam over the past week. These concerns are slowing not only the progress of the stablecoin legislation but also broader crypto policy. The founder of fintech venture capital fund Launchpad Capital, Ryan Gilbert, told CNBC: Its […]

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