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- 29-07-2024
29-07-2024
Fernando Fierro
July 29, 2024
Howdy folks,
🚀🤝 Vice President Kamala Harris' campaign is intensifying its engagement with crucial crypto players, including Ripple, Coinbase, and Circle, aiming to build strong industry relations. This strategic outreach is part of a broader effort by the Democratic Party to align with the crypto sector amid former President Donald Trump’s noticeable support from the same sphere.
However, considering Ripple’s ongoing legal disputes with the SEC, this engagement might face significant challenges.
In other news:
📈💬 Donald Trump wowed crowds at Bitcoin 2024 in Nashville, pledging to make the U.S. the global crypto hub and firing SEC Chair Gary Gensler if elected. He promised a crypto advisory council and a comprehensive regulation framework within 100 days, vowing to end perceived industry persecution.
Meanwhile, Bitcoin dipped to $66,600 during his speech, showcasing the immediate market reactions to his bold promises.
🌐📈 Justin Sun has called on China to adopt pro-crypto policies, following Donald Trump’s pledge to make the U.S. a crypto leader. Sun’s comments come after a legal win against Chongqing Business Media Group, which he views as a step toward normalizing cryptocurrencies in China.
Although China declared crypto transactions illegal in 2021, Sun believes a US-China crypto policy rivalry could benefit the global industry.
🚨🔍 The crypto world is on edge as Ripple and the SEC prepare for a ruling that could reshape the digital asset landscape. A leaked image hints at a crucial, closed-door meeting between Ripple and the SEC, fueling speculation and uncertainty.
As both parties brace for Judge Analisa Torres's decision, the case's outcome could either clarify crypto regulations or invite stricter oversight, significantly impacting Ripple and the broader market.
DailyCoin Daily Meme
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