Business
Many in the crypto community have been skeptical of Warsh due to his previous advocacy of CBDCs.
DeFi
Tether’s USDT is responsible for the majority of the growth in the overall supply of stablecoins, but competition is heating up.
Regulation
However, French Hill, who is also campaigning for the spot, has stronger existing ties to the industry.
Under the House Agriculture Committee, this Subcommittee would workshop portions of market structure legislation.
Tech
Pump.Science, a nascent protocol built on the Solana blockchain and responsible for the RIF and URO tokens, is a spin on memecoin incubator Pump.Fun.
Increasing 14% in the last 24 hours, BONK was initially a memecoin native only to the Solana blockchain, but has since expanded to Coinbase-incubated Base.
Trump tapped Clayton, the SEC Chair during Trump’s first administration, for US Attorney for Manhattan on Thursday.
Bitcoin
The Ethena Foundation also announced on Friday the approval of a fee switch to redirect protocol revenue to ENA token holders.
The Congressman is in a race with three other Republicans to lead a congressional committee that plays a key role in crypto legislation.
The lawyer has represented both Trump and Elon Musk’s companies.
