Trump, Biden Court Crypto as Election Season Looms
- Trump, Biden change tone on crypto: Donald Trump has promised to make the US a leader in digital assets during recent campaign events. And President Joe Biden’s aides have responded by reaching out to major players in the crypto market.
- Ether's price surges to nearly
4K, then pulls back: After the SEC approved eight Ether ETFs last week, analysts expect anticipated inflows to be 15-30% of Bitcoin ETF levels. So far, the price of ether has remained relatively flat since the SEC approved ETH ETFs. - Former FTX executive gets jail time: Ryan Salame, the former CEO of FTX Digital Markets, received a seven-and-a-half year prison sentence and significant financial penalties for his involvement in unlawful political contributions and operating an unlicensed money transmitting business.
- Argentina's securities regulator meet with El Salvador's digital assets commission to discuss strategies for cryptocurrency adoption: Argentina is seeking to leverage El Salvador's experience as the first country to adopt Bitcoin as legal tender.
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