After PancakeSwap ban, Turkey may target other DeFi services, regulators explain

After a recent ban on PancakeSwap, Turkish regulators may soon crack down on other DeFi services and wallets. Turkey’s recent ban on PancakeSwap (CAKE) decentralized exchange brought concerns that other DeFi services may follow. A recent panel by regulators, during the Istanbul Blockchain Week, suggested that this may be the case. In a transcript shared with crypto.news, regulators outlined the new criteria for enforcement, which also apply to DeFi services. Under the new framework, DEXs and even non-custodial wallets would be required to follow the same rules as centralized services. You might also like: DeFi at a crossroads: The SEC’s new stance could change everything | Opinion Still, this does not mean that all such services would be banned. According to Ali İhsan Güngör, Executive Vice Chairman of the Capital Markets Board of Türkiye, the regulations follow the so-called dissemination principles. Specifically, DeFi products that market themselves to Turkish citizens will have to abide by local regulations. “A Turkish citizen can, entirely of their own free will, receive services from another institution abroad, as capital movements are already free,” Güngör, explained. “However, if institutions or entities providing DeFi services direct their activities towards Turkey, through widespread promotion, advertising, or marketing, then they become subject to our regulations.” You might also like: Stablecoin banks like Erebor could inherit DeFi’s weakest links, says Web3 security firm Turkey bans PancakeSwap for promotions to its citizens “We have already started to impose access blocks on such websites,” Güngör added. The chief regulator likely referenced the recent ban on PancakeSwap , along with 46 other websites, which happened on July 4. The regulators ordered internet service providers to block PancakeSwap’s domain in the country, along with a ban on associated mobile apps and associated social media accounts. Still, regulators did not outline what channels PancakeSwap used to specifically target Turkish users. PancakeSwap is a decentralized protocol without any registered branches or legal entities in Turkey. For this reason, the exchange would have trouble applying for the required crypto service provider licences in the country. Read more: $2.4B lost in 2025 H1 crypto hacks — exchanges and DeFi hit hardest: report

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Trump delays tariff deadlines

The US President sent 14 letters to various heads of state yesterday issuing new tariff rates and start dates

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ZA Miner Leads A New Era In Crypto Mining: Receive $100 Bonus to Start Making Fast Money Through Cloud Mining.

With electricity prices climbing steeply in 2025 and environmental worries intensifying, traditional crypto mining is becoming a tough sell. Now, cloud mining is stealing the spotlight as a cleaner, cost-efficient alternative. Rather than battling hardware issues, energy bills, and tech headaches at home, ZA Miner users tap into renewable-powered data centers across Europe, North America, and Asia. According to The Manila Times and GlobeNewswire: “ZA Miner, a UK‑registered cloud mining company founded in 2020, today launched its enhanced Bitcoin cloud mining service... powered by solar, wind, and hydro energy... with AI-optimized mining systems offering greener, more efficient returns.” They’ve also introduced high-yield daily contracts, backed by green infrastructure and institutional-grade security, with promised returns of up to 8.5% per day and a welcome bonus of $100 for new users. ZA Miner: The Future of Sustainable Bitcoin Cloud Mining ZA Miner is an advanced global cloud mining platform that aims to maximize user profits through its AI-driven platform. The platform has over 100 data centers across the world that continuously analyze data in terms of hardware efficiency and energy cost. The platform is designed for simplicity and accessibility. ZA Miner removes the usual barriers of mining by offering hands-free operations, flexible contract plans, and reliable daily payouts in Bitcoin, Dogecoin, XRP, and more. Users can get started in minutes with no hardware required and receive a generous $100 welcome bonus to kick off their earnings. ZA Miner uses renewable energy to run its operations, making mining profitable, eco-conscious, and beginner-friendly. The leading cloud mining industry takes care of everything, making mining both easy and rewarding. Why Is ZA Miner The Best Cloud Mining Platform in 2025 Zero hardware, zero stress: Forget rig maintenance or technical setup, ZA Miner handles it all. AI for smarter mining: Their system dynamically adjusts to global network difficulty, maximizing efficiency and earnings. Clean energy for a cleaner Environment: Using solar, wind, and hydropower keeps energy use sustainable and helps crypto mining stay on good terms with the planet. Transparent and trusted Platform: Operates under UK regulations, and includes secure cold‑wallet storage, daily audits, and real-time dashboards. Instant daily payouts: The platform offers a minimum of 24-hour cashouts, making it conducive for short-term investors or individuals who are just testing cloud mining. How ZA Miner Users Mint Millions In a Short Time. ZA Miner’s Affiliate program - ZA Miner offers a 3-level referral program that gives earnings by simply inviting new users. This is accessible to everyone, even without physically investing. The referral levels include 7% for direct referrals, 3% commission on referrals made by direct referrals, and 1% commission on referrals made by second-level referrals. The VIP program - This program ranges from level 1 to 10, with cash rewards increasing on every level. Cash rewards are automatically sent to the user's account, and new rates take effect the next day, not interfering with the user’s current earnings. ZA Miner’s Flexible Cloud Mining Contract Model- The platform offers a range of flexible cloud mining contracts with daily payouts. New users are awarded a free $100 to begin their mining, and withdrawal is instant after 24 hours. Below is ZA Miner’s recommended Bitcoin cloud Mining contract. Contract Name: BTC Welfare Contract Contract Amount: $1,100,000 Duration: 2 Days Daily Earnings: $202,620 Total Earnings: $405,240 Special Bonus: Get a $150,000 cash reward when you purchase this contract Payout Frequency: Every 24 hours. This is just one of the most rewarding contract plans available. There are other contract selections to choose from, ranging from as low as $100. How To Get Started With ZA Miner Visit ZA Miner’s official site and sign up using a valid email Choose a contract that aligns with your budget Sit back and let the platform do the mining work. Final Input: Is Crypto Mining Still Rewarding in 2025? Individuals searching for a smarter, faster way to earn from crypto now have a reliable option with ZA Miner’s Bitcoin cloud mining platform. Earning daily profits without the need to manage hardware, follow market trends, or deal with complicated setups is no longer a dream; ZA Miner is making it happen. With instant payouts, automated AI mining, and a generous $100 sign-up bonus, users can start generating real returns within days. If you're ready to let your crypto investment work for you while you sit back and collect passive income, ZA Miner is the future-forward platform built for exactly that. Sign up today and start making fast money! Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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Japan made a “big mistake” by demanding full tariff exemption from U.S.

On Tuesday, Takeshi Niinami, who heads Suntory and chairs the Japan Association of Corporate Executives, criticized Tokyo’s take-it-or-leave-it approach in negotiations with Washington. He called it a “big mistake.” Niinami argued that Japan’s demand for complete relief from the levies President Donald Trump proposed left American negotiators feeling “betrayed.” He proposed that accepting a 10% minimum tariff, instead of insisting on zero, might have yielded more advantageous conditions. “They underestimated the determination of Trump,” he told the Financial Times . “They thought time was on Japan’s side. It was a big mistake.” Niinami warned that because 25% tariffs are coming, Japan’s negotiating power is weaker and it might have to give in to strike a deal. He warned there’s less time to reach a deal before the July 20 upper-house election, when Ishiba’s party could lose its majority. “It could be too late,” he said. Earlier in the year, the Japanese government swiftly initiated talks, aiming for a swift pact that would shield exporters from Trump’s threatened tariffs. However, on Monday the US administration imposed a 25% duty on imports from Japan, one percentage point higher than the April proposal, after negotiations failed. Trump introduced “reciprocal” tariffs for a number of Asian countries, such as South Korea, Malaysia, Thailand and Indonesia. Originally announced in April but postponed until July 9, these updated duties are set to be implemented on August 1 . HSBC strategists observed that Tokyo may struggle to concede more in talks. As the July 20 election draws near, the governing coalition is compelled to safeguard vital sectors, namely automotive exporters and rice producers, whose backing is essential. Trump called Japan “spoiled” as Tokyo refuses to budge Negotiations between Tokyo and Washington have dragged on for weeks, even as officials on both sides privately claimed advances. In recent days, Trump criticized Japan as “spoiled,” reproaching its reluctance to increase U.S. rice imports or grant entry to American-made vehicles. Niinami also criticized Japan’s inflexible farm policies. He argued that Ishiba’s refusal to prioritize the interests of rice growers over the auto industry weakened the late prime minister Shinzo Abe’s efforts to foster close ties with Trump. “Trump had high expectations of Japan because of Mr Abe, [and believed] Japan could become a showcase,” Niinami said. “We needed to analyze that level of expectation.” During discussions, Tokyo pushed for total exemption from the American tariffs, contending that the bilateral alliance warranted preferential treatment. Sources in both Washington and Tokyo indicate that lead negotiator Ryosei Akazawa, despite extensive calls and in-person negotiations, lacked the mandate to make concessions on duty rates. Supporting Niinami’s assessment, David Boling, the Eurasia Group’s director for Japan and Asian trade and a former U.S. trade representative, said Tokyo’s insistence on removing every levy was a grave misjudgment. He characterized that stance as “a fantasy,” and warned, “If Japan wants to reach a deal by August 1, it needs to be more pragmatic.” Yen weakness may offset tariffs On Tuesday, Akazawa spent about forty minutes meeting Howard Lutnick, the U.S. Commerce Secretary. Officials in Tokyo noted that he was “permanently ready” to travel to Washington for further negotiations. In early May, Masakazu Tokura, chair of the Japan Business Federation, recommended a “prompt but measured approach by hanging tough, digging in and negotiating with a sense of resolve.” At the same time, Mitsunobu Koshiba, who sits on the boards of multiple leading corporations, argued that a softer yen would cushion the impact of the duties. He observed that he would “be happy to take 145 yen in exchange for the tariffs,” compared to about 110 yen to the dollar during Trump’s first term. KEY Difference Wire helps crypto brands break through and dominate headlines fast

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Donald Trump’s Bold Demand: Jerome Powell Must Resign Immediately

BitcoinWorld Donald Trump’s Bold Demand: Jerome Powell Must Resign Immediately In a move that sent ripples through financial markets and political circles, former U.S. President Donald Trump recently made a startling call for Federal Reserve Chairman Jerome Powell to resign immediately. This direct challenge to the independence of the nation’s central bank was initially reported by the Walter Bloomberg economic news account on X, reigniting a long-standing debate about the intersection of politics and monetary policy. For anyone tracking the pulse of the US Economy and its key players, this development is not just news; it’s a significant indicator of potential shifts in economic sentiment and policy direction. What Sparked Donald Trump’s Outburst Against Jerome Powell? The latest demand from Donald Trump for Jerome Powell ‘s resignation is not an isolated incident but rather the latest chapter in a tumultuous relationship. Throughout his presidency, Trump frequently criticized Powell and the Federal Reserve , particularly over interest rate decisions. His arguments often centered on the belief that the Fed’s actions were hindering economic growth and undermining his administration’s efforts to boost the US Economy . This persistent public pressure on an independent institution is unprecedented in modern American history, setting a unique precedent for presidential engagement with monetary policy. Interest Rate Disagreements: Trump consistently advocated for lower interest rates, often expressing frustration when the Fed raised them, arguing it made U.S. exports more expensive and hindered competitiveness. Economic Performance: Despite robust economic growth during his term, Trump often attributed any perceived slowdowns or market volatility directly to the Fed’s decisions, rather than broader economic factors. Political Posturing: The public calls for resignation can also be seen as a form of political strategy, aimed at galvanizing his base and deflecting blame for any economic headwinds. Understanding the Federal Reserve’s Crucial Role and Independence At the heart of this controversy lies the fundamental principle of the Federal Reserve ‘s independence. Established in 1913, the Fed serves as the central bank of the United States, tasked with managing the nation’s Monetary Policy to achieve specific objectives: maximum employment, stable prices, and moderate long-term interest rates. Its independence from direct political control is considered vital for its ability to make sound economic decisions based on data and long-term stability, rather than short-term political expediency. The structure of the Federal Reserve is designed to insulate it from political pressure: Aspect Description Board of Governors Members are appointed by the President and confirmed by the Senate for staggered 14-year terms, providing continuity and reducing political influence. Chairman’s Term The Chairman, like Jerome Powell , serves a four-year term, which may not align with a presidential term, further enhancing independence. Funding The Fed generates its own income, primarily from interest on government securities it holds, making it financially independent of congressional appropriations. This institutional design is meant to ensure that decisions regarding interest rates, money supply, and financial stability are made free from the pressures of electoral cycles, allowing for a focus on the long-term health of the US Economy . How Does This Impact the US Economy and Monetary Policy? The repeated public calls for the resignation of the Fed chair, particularly from a prominent political figure like Donald Trump , can have several significant impacts on the US Economy and the execution of Monetary Policy . Even if Jerome Powell remains in his position, the rhetoric itself can create uncertainty and affect market confidence. Market Volatility: Such statements can introduce uncertainty into financial markets. Investors might become apprehensive about the stability of economic policy, potentially leading to increased volatility in stock, bond, and currency markets. Erosion of Confidence: Consistent political attacks can erode public and international confidence in the independence and credibility of the Federal Reserve . This could make it harder for the Fed to effectively implement Monetary Policy , as its pronouncements might be viewed through a political lens. Impact on Policy Effectiveness: If the market perceives that the Fed’s decisions are influenced by political pressure, it could diminish the effectiveness of its tools. For instance, an interest rate hike might be seen as a political move rather than a necessary economic adjustment, undermining its intended impact. Investor Behavior: Businesses and investors thrive on predictability. When the future of key economic leadership is uncertain, it can lead to delayed investment decisions, reduced hiring, and a general slowdown in economic activity as entities wait for clarity. Historical Context: Presidents and the Fed – A Troubled History? While Donald Trump ‘s public criticisms of Jerome Powell and the Federal Reserve have been uniquely vocal, tensions between presidents and the Fed chair are not entirely new. Historically, presidents have often expressed their preferences regarding interest rates or economic policy, but direct demands for resignation are rare and largely seen as crossing a line that undermines the Fed’s independence. Consider these examples: Lyndon B. Johnson and William McChesney Martin Jr.: LBJ famously cornered Fed Chair Martin, pushing him to delay an interest rate hike. While intense, it wasn’t a public call for resignation. Richard Nixon and Arthur Burns: Nixon also pressured Fed Chair Burns to keep interest rates low before the 1972 election, contributing to inflationary pressures later on. The pressure was largely behind closed doors. Jimmy Carter and Paul Volcker: Carter appointed Volcker, who then aggressively raised interest rates to combat inflation, leading to a recession. While unpopular with the public, Carter largely supported Volcker’s independence. What sets the dynamic between Donald Trump and Jerome Powell apart is the sheer volume, public nature, and intensity of the attacks, directly challenging the notion of central bank autonomy in a way that has raised eyebrows among economists and political observers alike. This ongoing saga has made the relationship between the White House and the Federal Reserve a focal point for understanding the future trajectory of the US Economy and its Monetary Policy . The Potential Fallout: What If Jerome Powell Resigns? The hypothetical scenario of Jerome Powell resigning due to political pressure, or any other reason, would trigger significant immediate and long-term consequences for the US Economy and global financial markets. The stability of the Federal Reserve ‘s leadership is paramount for maintaining confidence in the nation’s economic management. Key potential impacts would include: Immediate Market Turmoil: A sudden resignation would likely lead to a sharp sell-off in markets, as investors react to the perceived instability and political interference. This could affect bond yields, stock prices, and the dollar’s value. Loss of Credibility: The independence of the Fed is a cornerstone of its credibility. If a chair were to resign under political duress, it would severely undermine the institution’s ability to make unbiased decisions, potentially leading to a ‘politicization’ of Monetary Policy . Uncertainty in Policy Direction: A new Fed chair, especially one appointed under controversial circumstances, might signal a dramatic shift in policy. This uncertainty could deter investment and consumer spending, impacting the broader US Economy . International Implications: The U.S. dollar’s role as the world’s reserve currency and the stability of U.S. financial markets are crucial for global economic stability. Any perceived weakness or political interference in the Fed could have ripple effects worldwide. Navigating Economic Uncertainty: Actionable Insights for Investors In an environment where political rhetoric directly impacts economic institutions, how can individuals and investors navigate the landscape? While the immediate reaction to statements from figures like Donald Trump might be emotional, a strategic approach is essential. Stay Informed, Beyond Headlines: Understand the underlying economic data and the Fed’s actual policy decisions, rather than just reacting to political commentary. The Federal Reserve ‘s actions, not just the noise around them, ultimately shape the US Economy . Diversify Portfolios: A diversified investment strategy helps mitigate risks associated with market volatility stemming from political or economic uncertainty. Focus on Long-Term Goals: Short-term political dramas often create market noise but don’t always alter long-term economic fundamentals. Keep your investment horizon in mind. Understand Monetary Policy Tools: Familiarize yourself with how the Monetary Policy tools work (interest rates, quantitative easing/tightening). This knowledge provides a framework for understanding the Fed’s rationale, regardless of political pressure. The ongoing tension between political figures and the Federal Reserve , exemplified by Donald Trump ‘s call for Jerome Powell ‘s resignation, underscores the delicate balance required to maintain a stable and credible economic environment. While such demands capture headlines and spark debate, the resilience and independence of the Federal Reserve remain critical pillars for the long-term health of the US Economy . As observers, understanding the nuances of this relationship and its potential implications is key to navigating the complexities of modern finance and politics. To learn more about the latest US Economy trends and how they impact global markets, explore our article on key developments shaping Monetary Policy and institutional adoption. This post Donald Trump’s Bold Demand: Jerome Powell Must Resign Immediately first appeared on BitcoinWorld and is written by Editorial Team

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Watch Out: Whales Transfer Massive Amounts of Tokens to Exchanges in 7 Altcoins Today

Cryptocurrency analytics platform Santiment has detected large transfers of altcoins to centralized exchanges (CEX) in the last 24 hours. According to the data, some whale wallets have made transfers worth millions of dollars. Here are the most transferred altcoins to exchanges and their transfer details: PayPal USD (PYUSD) – $7.9 million OCD – $4.7 million OCD – $3.3 million Pepe – $2.9 million Gravity Token – $2 million OCD – $1.9 million First Digital USD (FDUSD) – $1.2 million Apecoin (APE) – $1 million Mantle (MNT) – $1 million OCD – $1.4 million OCD – $1 million Related News: The Country Where Tether (USDT) Is Keeping Tons of Its Gold Has Been Revealed - Here Are the Details The PYUSD transfer has a significant size with a 0.92% market cap. The OKB token attracted attention with five separate transactions totaling $13.4 million. Gravity Token was the transfer that had the biggest impact with a 1.81% market cap. On the other hand, $2.9 million Pepe (PEPE) and $1.2 million First Digital USD (FDUSD) transfers were among the other notable transactions on the list. *This is not investment advice. Continue Reading: Watch Out: Whales Transfer Massive Amounts of Tokens to Exchanges in 7 Altcoins Today

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Hyperliquid Integrates with Phantom: A New Era for DeFi Users

Hyperliquid and Phantom integrate, offering new opportunities for the DeFi community. Phantom supports a wide network, boosting its user base's potential impact. Continue Reading: Hyperliquid Integrates with Phantom: A New Era for DeFi Users The post Hyperliquid Integrates with Phantom: A New Era for DeFi Users appeared first on COINTURK NEWS .

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Revolutionary Steps: U.S. House Paves Way for America’s Reign as Global Crypto Capital

BitcoinWorld Revolutionary Steps: U.S. House Paves Way for America’s Reign as Global Crypto Capital The world of cryptocurrency is dynamic, often unpredictable, but consistently at the forefront of financial innovation. Recently, a significant declaration emerged from the heart of American governance: the U.S. House of Representatives claims it is undertaking ‘historic steps’ to ensure the United States not only participates in, but leads, the global crypto revolution. This isn’t just rhetoric; it signals a profound shift in how policymakers view digital assets and their potential to shape the nation’s economic future. The ambition is clear: to firmly establish the U.S. as the undisputed US crypto capital . The Vision: Securing America’s Place as the Global US Crypto Capital For years, the United States has grappled with how to regulate the burgeoning cryptocurrency industry. While innovation flourished, a lack of clear regulatory frameworks often pushed development overseas or created uncertainty for businesses and investors alike. The recent claims from the U.S. House suggest a turning point, a concerted effort to create an environment where crypto innovation can thrive domestically, without compromising investor protection or national security. This vision isn’t just about fostering new technologies; it’s about cementing America’s economic leadership in the 21st century. Becoming the definitive US crypto capital involves several key pillars: Regulatory Clarity: Providing clear rules of the road for businesses, investors, and developers. Innovation Incentives: Encouraging the development of new blockchain technologies and applications. Consumer Protection: Safeguarding users from fraud and market manipulation. Global Competitiveness: Ensuring the U.S. remains attractive for crypto talent and investment compared to other nations. This holistic approach aims to balance the need for oversight with the imperative to foster groundbreaking advancements, ensuring the U.S. remains at the forefront of this transformative technology. Navigating the Regulatory Landscape for Digital Assets The journey to becoming the global US crypto capital hinges significantly on establishing a comprehensive and coherent regulatory framework for digital assets . Historically, the classification of cryptocurrencies – whether as securities, commodities, or currencies – has been a major point of contention, leading to fragmented oversight by various agencies like the SEC, CFTC, and FinCEN. The ‘historic steps’ likely refer to legislative initiatives aimed at: Defining Asset Classes: Clearly categorizing different types of digital assets to determine which regulatory body has jurisdiction. This clarity is crucial for projects seeking to launch and operate legally within the U.S. Stablecoin Regulation: Developing a robust framework for stablecoins, which are seen as a critical bridge between traditional finance and the crypto world. Ensuring their stability and transparency is paramount for broader adoption. Market Structure: Establishing rules for exchanges, custodians, and other market participants to ensure fair and orderly trading, akin to traditional financial markets. Consumer and Investor Protection: Implementing safeguards against scams, hacks, and illicit activities, building trust in the nascent industry. Without a unified and predictable approach to digital assets , the U.S. risks stifling innovation and driving talent and capital to more crypto-friendly jurisdictions. The House’s stated commitment suggests a recognition of this critical need. What Are the ‘Historic Steps’ Being Taken by the U.S. House ? The claims from the U.S. House of Representatives, as reported by Solid Intel via X, indicate a renewed legislative push. While specific bills are still evolving, the general direction points towards bipartisan efforts to create a regulatory environment that supports, rather than hinders, crypto innovation. Key committees, particularly the House Financial Services Committee and the House Agriculture Committee, have been actively engaged in drafting legislation. Some of the legislative areas being explored by the U.S. House include: Clarity for Crypto Exchanges: Proposals to define the roles and responsibilities of crypto exchanges, potentially creating a new registration category or clarifying existing ones. Stablecoin Legislation: Draft bills aimed at establishing a comprehensive framework for stablecoin issuers, focusing on reserves, redemption mechanisms, and auditing requirements. Innovation Sandbox Initiatives: Ideas for creating regulatory ‘sandboxes’ that allow new crypto projects to test their innovations under limited supervision before full market rollout. Taxation Reform: Discussions around simplifying crypto tax reporting and addressing issues like the de minimis exemption for small transactions. These steps are designed to provide the certainty that businesses crave, allowing them to invest, hire, and innovate within the U.S. borders, rather than seeking more permissive environments abroad. Challenges and Opportunities in Crypto Regulation While the ambition to be the US crypto capital is strong, the path to effective crypto regulation is fraught with challenges, yet abundant with opportunities. The inherent nature of cryptocurrency – decentralized, global, and rapidly evolving – makes it particularly difficult to regulate using traditional frameworks. Challenges: Regulatory Fragmentation: Multiple agencies (SEC, CFTC, Treasury, IRS, Federal Reserve) often have overlapping or conflicting jurisdictions, creating a complex web for businesses to navigate. Rapid Technological Change: The pace of innovation in crypto often outstrips the speed of legislative processes, leading to regulations that can quickly become outdated. Global Nature: Crypto markets operate 24/7 across borders, making it challenging for any single nation to impose comprehensive control without international cooperation. Consumer Education: Protecting consumers in a highly technical and often volatile market requires significant educational efforts beyond just regulatory enforcement. Opportunities: Opportunity Area Potential Impact Economic Growth Creation of new industries, jobs, and investment opportunities. Financial Inclusion Providing access to financial services for underserved populations. Technological Advancement Fostering innovation in areas like decentralized finance (DeFi), NFTs, and Web3. National Security Developing tools to combat illicit finance while maintaining privacy. Effective crypto regulation must strike a delicate balance: stringent enough to protect, yet flexible enough to foster innovation. The U.S. House’s efforts suggest a move towards this nuanced approach, recognizing that stifling regulation could cost the U.S. its competitive edge. Securing America’s Future in the Blockchain Economy The pursuit of becoming the US crypto capital is not merely about digital currencies; it’s about securing America’s long-term position in the broader blockchain economy . Blockchain technology, the underlying innovation behind cryptocurrencies, has applications far beyond finance – from supply chain management and healthcare to intellectual property rights and digital identity. By taking decisive action, the U.S. aims to: Attract Top Talent: Encourage the world’s brightest blockchain developers and entrepreneurs to build and innovate within the U.S. Foster Research & Development: Invest in foundational blockchain research, ensuring the U.S. remains at the cutting edge of the technology. Develop Industry Standards: Play a leading role in setting global standards for blockchain interoperability, security, and privacy. Leverage Economic Benefits: Capitalize on the economic multiplier effect of a thriving blockchain sector, creating high-paying jobs and new export opportunities. The ‘historic steps’ by the U.S. House are a recognition that the blockchain economy is not a niche market but a foundational technology that will redefine numerous sectors. Proactive policy is essential to harness its full potential for national prosperity and global leadership. Actionable Insights for the Crypto Community As the U.S. House takes these pivotal steps, what does it mean for individuals and businesses within the crypto space? Here are some actionable insights: Stay Informed: Keep abreast of legislative developments. Bills can change rapidly, and understanding their nuances is crucial for compliance and strategic planning. Engage with Policymakers: Industry associations, advocacy groups, and individual companies should continue to provide constructive feedback to lawmakers, sharing real-world implications of proposed regulations. Prioritize Compliance: Even in uncertain regulatory environments, adhering to best practices for security, transparency, and anti-money laundering (AML) is vital for long-term success and credibility. Innovate Responsibly: Focus on building solutions that address real-world problems while incorporating robust security and consumer protection measures from the outset. The current legislative momentum presents a unique opportunity for the crypto community to shape its own future within the U.S. By actively participating in the dialogue, the industry can help ensure that the ‘historic steps’ lead to a thriving, well-regulated, and globally competitive US crypto capital . Conclusion: A New Dawn for U.S. Crypto Leadership The U.S. House’s claims of taking ‘historic steps’ to secure America’s position as the world’s US crypto capital mark a significant turning point. It signifies a growing consensus within government that clear, forward-looking crypto regulation is not just desirable but essential for fostering innovation, protecting consumers, and maintaining global competitiveness in the burgeoning blockchain economy . While challenges remain in navigating the complex landscape of digital assets , the intent is clear: to create an environment where the U.S. can lead the next wave of financial and technological transformation. This proactive stance offers immense promise for the future, potentially ushering in an era of unprecedented growth and stability for the crypto industry within the United States. To learn more about the latest crypto market trends, explore our article on key developments shaping digital asset institutional adoption. This post Revolutionary Steps: U.S. House Paves Way for America’s Reign as Global Crypto Capital first appeared on BitcoinWorld and is written by Editorial Team

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Ether Could Rally Above $2,700 Amid Positive Sentiment and Continued ETF Inflows

Ether (ETH) shows promising signs of a potential rally as institutional investors continue steady accumulation through exchange-traded products (ETPs), signaling renewed confidence in the cryptocurrency. Despite recent price consolidation, Ether’s

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Upexi’s Growing Solana Holdings Highlight Potential Corporate Crypto Treasury Strategies

Upexi, a Nasdaq-listed e-commerce company, has significantly increased its Solana (SOL) holdings, marking a strategic shift towards integrating blockchain technology into corporate treasury management. This move highlights Upexi’s innovative approach

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