New poll from Fairleigh Dickinson says crypto owners are leaning toward Trump, 50-38, similar to Paradigm’s data from March (when they backed Trump over Biden 48-39). FDU also finds owners overall skew young and nonwhite. fdu.edu/news/fdu-poll-… policy.paradigm.xyz/writing/March-…

“Single-issue crypto voters don’t exi…”

The SEC didn't outright state that such an action would be illegal, writing, "The SEC is not opining as to the legality, under the federal securities laws, of the transactions outlined in the Plan," but notes that the agency, "...reserves its rights to challenge transactions

“I hope at some point, whether it’s Gensler or any of his successors, will think about, we’ve now had a fair amount of regulatory uncertainty on digital assets, maybe we ought to move forward with some legislation or rulemaking,” Uyeda said. 👀

Hard for CFTC to argue that election contracts aren't in the public interest if the most sophisticated US-based investors are factoring them into their capital allocation decisionmaking

By the SEC’s own assertions qualified custody doesn’t exist in crypto, so not sure what anyone is supposed to do here

If the US actually wants to protect investors and consumers, it's kinda simple: more legislation, less litigation.

Trump transition chair Howard Lutnick bashing SEC’s SAB121 reg

x.com/i/article/1831…

Worth noting that Cmr Mersinger is one of the leading candidates for CFTC Chair under a Trump admin

🚨 @FederalReserve Enforcement Action: A Cease and Desist Order for United Texas Bank in Dallas as Operation #Chokepoint 2.0 Continues 📎federalreserve.gov/newsevents/pre…

Alexander Grieve "Imagine if J. Edgar Hoover charged Henry Ford w/ liability for the crimes of John Dillinger and Bonny and Clyde because the Ford V8 was central to their ability to commit crimes. This result is the natural endpoint of the Commission’s logic that is at play in this settlement."

Astute dissent in the CFTC Uniswap settlement from Summer Mersinger "imagine if J. Edgar Hoover had charged Henry Ford with liability for the crimes of John Dillinger and Bonny and Clyde because the Ford V8 was central to their ability to commit crimes." cftc.gov/PressRoom/Spee…

Reminder that the SEC, CFTC, and other regulators have their fiscal year end on September 30. It's typical in September to see a flurry of enforcement actions as they shore up their performance reports and budget requests for Congress. It could be a busy month.

🚨NEW: In his speech at the The Economic Club of New York, Donald J. Trump promised to cut regulation and embrace #crypto and $BTC. “Instead of attacking industries of the future, we will embrace them, including making America the world capital for crypto and Bitcoin.”

It’s pretty cool how far the #crypto industry has come in the last year. It came to Wall Street, and now it’s part of a major party’s political platform. A former (and potentially future) president talking about #Bitcoin and crypto at a venue where many of the top business

Trump just suggested creating a US sovereign wealth fund for "national development projects, cutting edge medical research, advanced defense technology, advanced agricultural technology" etc -- and the returns used to pay down the national debt. Strategic reserve from existing

NEW ODD LOTS The Booming Crypto Use Case That's Happening Right Now Tracy Alloway and I talked to Austin Campbell, prof at Columbia biz school and financial markets veteran, about the rise of stablecoins, and the genuine breakthrough that they represent bloomberg.com/news/articles/…

We should heed these 2 CFTC Commissioners and avoid chilling DeFi innovation. @CFTCmersinger: cftc.gov/PressRoom/Spee… Commissioner Pham : cftc.gov/PressRoom/Spee…

Huh. Feel like I just heard this idea from somewhere. It’ll come to me