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The report rehashed many of the policy objectives touted by the Trump administration for regulating crypto in the United States. Source: cointelegraph.com (Read Full Article)
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Source: cointelegraph.com (Read Full Article)
Elon Musk's SpaceX faces worker safety crisis as it aims for Mars
Robert Markert, a supervisor for years warned SpaceX leaders that a step in the process of retrieving the rocket fairing could “easily cause serious injury or death”. He says he was ignored because “it was the more economical solution,” according to a suit filed earlier this month. A few months later, he lost his job. […] Source: cryptopolitan.com (Read Full Article)
Senate Democrats Grill FHFA Director William Pulte Over Crypto Mortgage Applications: Concerns Raised Over Consumer Risks and Market Stability
A group of Senate Democrats, including Jeff Merkley, Elizabeth Warren, and Bernie Sanders, is questioning Federal Housing Finance Agency director William Pulte over his decision to explore the inclusion of cryptocurrency in mortgage applications. The senators are concerned about potential risks to consumers, market stability, and conflicts of interest arising from this decision. They have requested Pulte to provide clarification and explain the implications of his plan by August 7. The senators highlighted issues such as volatility, scams, and liquidity crunches associated with crypto, as well as potential conflicts of interest, especially given Pulte's spouse's significant crypto holdings. Additionally, the senators criticized the lack of clarity in Pulte's order and raised questions about oversight and risk assessment in light of previous banking crises related to cryptocurrency activities. [Original Post] Generated by DMK News Bot
Trump lowers tariff threat in new South Korea deal
On Wednesday, President Trump announced he had reached a new trade agreement with South Korea that will place a 15% tariff on goods brought in from the country. Trump posted on his social media platform Truth Social that the 15% levy is lower than the 25% tax he had threatened earlier this month. He added […] Source: cryptopolitan.com (Read Full Article)