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.
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.
Regulation
Trump tapped Clayton, the SEC Chair during Trump’s first administration, for US Attorney for Manhattan on Thursday.
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.
After their precipitous fall since 2021, NFTs are reviving, with signs of life from CryptoPunks, Doodles, Blur, and OpenSea.
According to sources on the Hill, Trump could be open to waiving a prohibition that federal officials not be allowed to own crypto.
