Amid growing demand for safe-haven assets due to a US government shutdown, stimulus checks may bring an “additional liquidity catalyst,” market analysts told Coinpectra.
Politics News
Politics is an activity of public authorities and administrations that is aimed at making decisions and resolving issues related to the functioning of a human community, particularly a state. Politics is divided between domestic and foreign policies, the latter of which is responsible for activities and relations with other states while, at the same time, preserving its national interests. World news concerning politics has important role in every country and, thereby, in the life of its citizens. As the use of cryptocurrency has spread globally, with governments having different opinions and, therefore, affecting international relations, many are trying to find ways to regulate it. Any news concerning world politics and cryptocurrencies has become popular in communities worldwide.
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The shutdown entered its sixth day on Monday, with the SEC, CFTC and other agencies operating with restrictions and limited staff.
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Japan’s new prime minister may drive a renewed wave of risk appetite among Japanese crypto investors, industry watchers told Coinpectra.
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It’s unclear when US President Donald Trump could announce another pick to chair the CFTC amid a government shutdown with no end in sight.
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The first US government shutdown since 2018 may signal the next crypto market bottom, despite concerns over mixed equity market reactions, analysts told Coinpectra.
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A US government shutdown lasting days or weeks could further delay the Senate’s moves on a crypto market structure bill passed by the House in July.
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Ohio Secretary of State Frank LaRose applauded the progress, while continuing to support the creation of an Ohio Strategic Cryptocurrency Reserve.
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At least three other candidates may be in the running to chair the CTFC after the Winklevoss twins reportedly soured on Trump’s first pick, Brian Quintenz.
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A Republican-backed bill to create a market structure for digital assets is expected to head for a vote in the Senate Banking Committee soon.
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The proposal seeks to create more value for long-term WLFI tokenholders, while exploring additional protocol revenue sources for token buybacks.
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Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.
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Blockchain stakeholders may still negotiate with policymakers on the EU AML framework’s upcoming ban on privacy-preserving tokens, set to go into effect in 2027.
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The House Rules Committee could add the CBDC bill to the final version of the market structure bill, but it may not impact the Senate’s own version of the legislation.
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Newly formed Fellowship PAC claims “over $100 million” from undisclosed backers to push pro-crypto policy; an FEC filing shows no contributions reported yet.
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How TRUMP, DJT and WLFI clash with California’s crypto rules and why Newsom teased a “Trump Corruption Coin.”