Layah Heilpern, a former journalist, shifted her career to crypto in 2018, embracing Bitcoin and blockchain technology. She hosts ‘The Layah Heilpern Show,’ interviewing industry leaders like Charles Hoskinson and Michael Saylor, and authored ‘Undressing Bitcoin,’ a simplified guide to cryptocurrency. With over 1.1 million social media followers, she champions financial independence, accepts Bitcoin as payment, and collaborates on blockchain projects like SoftNote. Her journey reflects a bold move from traditional finance to the volatile yet revolutionary world of digital assets.
about Layah Heilpern: From Journalism to Crypto AdvocateAltcoin Buzz
0 in Finance and 0 in Crypto last weekWhite House Backs Efforts to Repeal Controversial Broker DeFi Rule
The White House has expressed support for a Congressional Review Act resolution aimed at repealing the recently finalized Broker DeFi Rule, which broadens the definition of a “broker” in the crypto sector. Critics argue that this rule imposes unrealistic reporting requirements on decentralized finance platforms, potentially stifling innovation and pushing crypto development overseas. Senator Ted Cruz and Representative Mike Carey, who introduced the resolution, label the rule an “unacceptable overreach” that threatens both businesses and consumers.
about White House Backs Efforts to Repeal Controversial Broker DeFi RuleSEC Declares Memecoins Not Securities Easing Crypto Trading Regulations
The SEC has declared that memecoins are not considered securities, allowing traders greater freedom to buy and sell these digital assets without regulatory constraints. This decision highlights that memecoins are driven by market speculation rather than investments in enterprises, meaning buyers lack the legal protections afforded to traditional investors. The SEC’s recent pro-crypto moves, including dismissing lawsuits against Coinbase and Consensys, signal a significant shift in its regulatory approach.
about SEC Declares Memecoins Not Securities Easing Crypto Trading RegulationsIMF Recommends Regulatory Overhaul for Kenya’s Cryptocurrency Framework
The IMF has urged Kenya to modernize its cryptocurrency regulations to combat rising scams and align with global standards for financial stability. A recent report highlighted the outdated nature of current laws, which lack authority over crypto, and recommended both short- and long-term strategies to establish a robust regulatory framework. Key steps include conducting market analysis, clarifying existing regulations, and defining crypto assets to enhance legal consistency.
about IMF Recommends Regulatory Overhaul for Kenya's Cryptocurrency FrameworkAltcoins Show Resilience Amid Market Volatility and Long-Term Opportunities
The crypto market is currently facing short-term challenges, with significant selloffs leading to over $600 million in liquidations. Despite this volatility, experts see long-term bullish opportunities, particularly for altcoins like XRP and Solana, which are positioned to outperform as the market stabilizes. Innovations such as Render are also gaining attention, highlighting the growing demand for computational power in the crypto space.
about Altcoins Show Resilience Amid Market Volatility and Long-Term Opportunities