USDT publisher Tether has appointed former White House Crypto Council executive director Bo Hines as a strategic advisor on digital assets and U.S. strategy. On August 10, Bo Hines, executive director of the White House Cryptocurrency Council, will step down and return to the private sector.
Bitcoin Magazine CEO David Bailey tweeted that he plans to raise more than $100 million to form a "Fairshake PAC" focused on bitcoin-related policy issues. Bailey said the group would take action against lawmakers who voted against the bitcoin tax amendment in the midterm elections. He also called on supporters to contact senators, calling it a "matter of life and death."
The US House of Representatives committee will hold a hearing on the digital payments ecosystem on March 11.
Wu Jiezhuang, chairperson of the committee of the Hong Kong Legislative Council, Web3 and Virtual Asset Development Forum, said that Hong Kong's virtual asset trading platform license requirements are very high, and the withdrawal of the application is mainly due to the company's financial problems, business maturity, investment technology and the suitability of warehousing candidates. On how the Hong Kong virtual asset market can serve the needs of the country in the future, Wu Jiezhuang believ...
The Hong Kong Legislative Council, Web3 and Virtual Asset Development Forum Committee Chairperson Wu Jiezhuang said that the Hong Kong High Court heard the world's first lawsuit involving a decentralized autonomous organization (DAO) in August this year. At present, the United States and Abu Dhabi have relevant legal frameworks to regulate DAOs. Since DAOs have no legal subject, it is recommended that the special administrative region government can refer to the licensing system of the securitie...
The Democratic National Convention Rules Committee said on July 17 local time that the committee plans to hold a virtual vote between August 1 and 7 to nominate Biden as the party's presidential candidate. It is reported that the committee will meet on July 19 to discuss the plan and will finalize it next week.
The U.S. Commodity Futures Trading Commission (CFTC) has appointed Mo Shaikh, co-founder and CEO of Aptos Labs, as a member of its Digital Assets Subcommittee. The Digital Assets Subcommittee consists of 34 people, with other members including executives from BlackRock, Polygon Labs, Uniswap Labs, and Bank of New York Mellon. The Digital Asset Markets Subcommittee is affiliated with the Global Markets Advisory Committee (GMAC). Founded in 1998, the GMAC is composed of important figures in the fi...