Peter Schiff Criticizes Trump’s Bitcoin Reserve Plan
Peter Schiff warns that the proposed U.S. Bitcoin Reserve could harm the economy by spiking Bitcoin’s price and benefiting early investors. Peter Schiff, a prominent critic of Bitcoin, has expressed his disapproval of the strategic Bitcoin Reserve idea, raising concerns about its potential implementation should former President Donald Trump win re-election. Many influential industry leaders […]
Gary Gensler Urged to Resign as SEC Chair
The ASA called for SEC Chair Gary Gensler’s resignation, citing overregulation and harm to small businesses. Recently, the American Securities Association (ASA) issued a plea for Gary Gensler, the chair of the Securities and Exchange Commission, to resign immediately. He emphasized that such a change in the SEC’s management would align with the voters’ recent […]
Detroit To Accept Tax Payments In Crypto
By mid-2025, Detroit will let residents pay taxes with cryptocurrency, supporting its tech and growth goals. City officials announced on Thursday that residents in Detroit will soon be able to settle their tax payments using cryptocurrencies, making it the largest city in the United States. Because of this action, Detroit will become the largest city […]
Donald Trump May Not Be Able To Fire Gary Gensler
Attorney Dave Michaels noted that the *Humphrey’s Executor* ruling protects SEC chairs from dismissal based only on executive preference. SEC Chair Gary Gensler’s future has become a topic of discussion as the United States braces for potential changes following today’s election. There is speculation among certain individuals regarding potential changes in agency leadership in light […]
Asia Leads in Crypto Developers as US Decline
The geographic distribution of crypto developers frequently indicates the regions most positioned to drive future blockchain innovation. A recent report reveals that Asia has surpassed North America as the leading region for cryptocurrency and blockchain development talent. As of 2024, Asia accounts for 32% of global cryptocurrency developers, up from 13% in 2015, positioning it as […]