CryptoTweets

JUST IN: 🇺🇸 House Democrats are reportedly discussing a new crypto regulation bill that would expand the SEC’s authority over crypto markets while reducing the CFTC’s role.

JUST IN: 🇺🇸 Stripe launches service for US businesses to send stablecoin payments directly to crypto wallets in over 160 markets.

JUST IN: 🇺🇸🇮🇷 Oil crashed -8% since Trump lost the midterm elections, with Democrat leader Chuck Schumer saying they will end the Iran war.

JUST IN: $BTC hits $81,000 and $ETH taps $2,450. Over $360 million worth of crypto shorts liquidated in the past 60 minutes.

JUST IN: 🇺🇸 Over $1 trillion added to the US stock market at open following the Democrats’ victory in both the House and Senate. $BTC has also reclaimed $79,000.

JUST IN: 🇫🇷 French lawmakers approve amendment requiring crypto holders to declare self-custody wallets containing over €100,000. The measure still needs final approval before becoming law.

JUST IN: Bitcoin miner Riot Platforms $RIOT sold nearly 90% of its Bitcoin holdings for $1.5 billion to fund AI data center expansion.

JUST IN: 🇫🇷 French bank Crédit Mutuel Arkéa confirms it was hacked, following reports that over $133 million was stolen and moved through crypto exchanges.

JUST IN: 🇺🇸 $10 trillion Morgan Stanley officially becomes one of the first major banks to bring US stocks and Treasury bonds onto the blockchain.

🇺🇸 Democrats have won control of both the US House and Senate. Here’s what this means for crypto: • The CLARITY Act will likely be delayed for years, making it harder to pass clear US crypto regulations. • Crypto critic Elizabeth Warren might become Chair of the Senate Banking Committee. • Democrats already plan to launch investigations into Trump’s crypto businesses, per Reuters. • Trump is expected to face more resistance when appointing crypto-friendly regulators. However, the GENIUS Act remains law, and the SEC and CFTC can still advance crypto regulations without Congress. Overall, this is a massive obstacle to passing new crypto legislation, but it doesn’t mean the end of crypto progress in the US.

⚡DAILY RECAP⚡ • 🇺🇸 CFTC clears perpetual futures trading on individual US stocks for the first time. • 🇺🇸🇮🇷 Oil drops 5% following reports that the US approved a Qatar-proposed draft agreement with Iran. • 🇨🇳🇴🇲 China and Oman sign an agreement to strengthen cooperation on digital currencies and cross-border payments. • 🇰🇷 South Korea considers requiring crypto exchanges to hold 99% of customer assets in cold wallets following the $6.3 billion Binance hack. • 🇫🇷 France rejects proposals to introduce an exit tax on cryptocurrency holdings worth over €800,000.

JUST IN: Binance founder CZ says banks are more vulnerable to AI-driven cyberattacks than crypto exchanges.

JUST IN: 🇺🇸 CFTC approves perpetual futures trading on individual US stocks for the first time.

JUST IN: 🇺🇸🇮🇷 Oil crashes 5% and crypto is pumping following reports that the US approved a Qatar-proposed draft agreement with Iran.

JUST IN: 🇰🇷 South Korea considers requiring crypto exchanges to store 99% of customer assets in cold wallets following $6.3 billion Binance hack.

JUST IN: 🇨🇳🇴🇲 China and Oman sign an agreement to strengthen cooperation on digital currencies and cross-border payments.

JUST IN: 🇫🇷 France rejects proposals to introduce an exit tax on cryptocurrency holdings worth over €800,000.

⚡DAILY RECAP⚡ • 🇺🇸🇮🇷 Brent crude oil drops 5% as Iran advances negotiations with the US. • 🇺🇸 SEC releases new guidance clarifying that community voting does not automatically mean centralized control. • 🇺🇸 NYSE partners with Broadridge to bring shareholder voting onto the blockchain. • 🇯🇵 SBI Holdings announces $100 million investment to explore blockchain settlements and stablecoin payments. • 🇭🇰 Hong Kong launches 24/7 blockchain-based settlement for tokenized bank deposits. • 🇭🇰 $1 trillion HSBC plans new Hong Kong research institute focused on blockchain and cryptography. • Michael Saylor’s Strategy $MSTR buys 810 $BTC worth $63 million. • Tom Lee’s BitMine $BMNR buys $19.5 million worth of $ETH.

JUST IN: 🇺🇸 SEC releases new crypto guidance, clarifying that community voting does not automatically mean a crypto network is centrally controlled.

JUST IN: 🇺🇸 New York Stock Exchange partners with Broadridge to bring shareholder voting onto the blockchain for its upcoming tokenized stock trading platform.