Singularity Finance CEO Cloris Chen participated in a U.S. Senate roundtable discussing cryptocurrency regulation and AI innovation, emphasizing the need for clear guidelines to support tokenization of real-world assets. Key senators highlighted the urgency for regulatory clarity, with a stablecoin bill and tax reforms expected soon. Chen warned that without improvements, the U.S. risks lagging in the global shift towards AI-driven finance.
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0 posts last weekCrypto Regulation Insights and Market Trends Ahead of 2024 Election
This week, discussions around cryptocurrency intensified as key executives met with the White House to address regulation, particularly in light of the upcoming presidential election. Andrew Gordon provided insights on unique tax strategies for crypto investments, while Bitcoin prices fell below $60,000, highlighting ongoing market volatility. Additionally, Robinhood reported a significant 161% year-over-year growth in cryptocurrency revenue, signaling a shift in the investing landscape influenced by crypto and AI advancements.
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