2019-10-14 17:39 |
Thanks to Bitcoin, the world is no longer “at the mercy of dictators and toll trolls,” says Tim Draper
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Ripple Labs donated $25 million to the Fairshake political action committee (PAC), according to the firm’s CEO Brad Garlinghouse. The donation, which adds to the $78 million Fairshake raised earlier this month, brings the total to $103 million.
Financial services firm Cantor Fitzgerald, which serves as Tether’s banking partner, is looking to work with the stablecoin issuer on a program that will allow clients to borrow dollars against Bitcoin as collateral, Bloomberg reported on Sunday.
President-elect Donald Trump announced Howard Lutnick, CEO of financial services firm Cantor Fitzgerald, as his nominee for Secretary of Commerce on Nov. 19. The decision positions Lutnick, a vocal proponent of protectionist trade measures and cryptocurrencies, at the helm of US economic policy, focused on tariffs and trade reform.
Would it be great if the U.S. started buying Bitcoin? Surely. The industry has political capital to cash in, but let’s use it wisely.
The world’s largest asset manager, BlackRock, has reportedly endorsed the idea of creating a US Strategic Bitcoin (BTC) Reserve as states and the Trump administration accelerate plans to institutionalize the digital asset.
Bitcoin Magazine Reports from Las Vegas, real-time election results powered by Stand with Crypto
Crypto-friendly politicians are making significant gains in the ongoing US elections, with early results indicating strong support for candidates who advocate for digital assets. In the House of Representatives, 220 pro-crypto candidates have been elected, surpassing the 106 elected who are against crypto initiatives, according to Stand With Crypto.