Great background on why Coinbase sank the crypto bill they’d just spent months lobbying for, and the fundamental conflict between the banking lobby and the crypto lobby when it comes to stablecoin interest.
Emily Wilkins in CNBC.
Great background on why Coinbase sank the crypto bill they’d just spent months lobbying for, and the fundamental conflict between the banking lobby and the crypto lobby when it comes to stablecoin interest.
he saw Mamdani talking about housing and thought: but what about crypto?
my guess is this is more of a hail mary attempt to get blockchain/AI money and influence behind him. we haven't seen much crypto industry spending in races below the federal level, but i also wouldn't put it past them to get involved here at the last minute
Trump speaking to crypto executives while signing the GENIUS Act stablecoin bill: “I got you guys out of so much trouble... They’ve got plenty of cash, and it’s great that you’re on our side.”
Note: I retained Trump’s comments about Biden to avoid taking his statement out of context, but his claim that Biden “dropped all charges” against crypto executives during his (or Harris’s) campaign is false.