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White House hopeful De Santis sticks it to CBDCs in campaign launch

During a Twitter Space, Bitcoin fan Ron De Santis called CBDCs a “transfer of power from individual consumers to a central authority.”

Here’s what the biggest stablecoins spent on lobbying in the US

Tether, Circle, and Paxos have all hired firms to lobby on their behalf in Washington DC but Coinbase still spends millions more.

The report says that regulating UK crypto as a financial service rather than gambling may lead consumers to believe it’s safe when it’s not.

At a House hearing, a draft of a new stablecoin bill was discussed along with the appropriate regulatory framework for stablecoins.

The House Financial Services Committee hosted SEC chairman Gary Gensler to discuss the SEC’s role in cryptocurrency and other markets.