On March 7th, according to Axios, on the morning of the White House's first digital assets summit day, Senator Elizabeth Warren sent a critical letter to the government's head of cryptocurrency and artificial intelligence, David Sacks, known as the crypto czar. Senator Warren believes that the deeper the federal government supports the blockchain industry, the more it will drive up the value of existing holders, which creates conflict of interest issues for officials who make these policies. The...
7:00-12:00 Keywords: 1. Crypto Policy Panel: President Biden's decision to step aside represents a new opportunity for top Democrats to embrace cryptocurrency and blockchain technology. 2. Sources: Trump is considering making BlackRock CEO Larry Fink Treasury Secretary. 3. Trump: Need to investigate those who have been hiding Biden's condition from the public for a long time; 4. President of The ETF Store: An ETF issuer may apply to issue a combined spot ETF of Bitcoin, Ethereum and SOL in the c...
On May 21, Dragonfly partner Haseeb Qureshi said on his social platform that the change in regulatory attitude towards the Ethereum ETF indicates that the Biden administration will soften its crypto policy because they do not want to lose votes "for small things" in the election competition. The market will see a shift in attitude from other regulators in the coming months.