The Supreme Court is hearing arguments challenging the legality of former President Trump’s tariffs, while McDonald’s reports strong earnings as value meals attract budget-conscious consumers. Meanwhile, Teva Pharmaceutical beats revenue estimates and outlines its branded drug strategy, creating a multifaceted financial landscape that spans trade policy, consumer behavior, and pharmaceutical innovation.
about Supreme Court Hears Trump Tariff Case, McDonald's Earnings BeatPatrick McHenry
0 posts last weekOneFootball & Mythical Games Launch FIFA Rivals with Blockchain
OneFootball and Mythical Games have unveiled FIFA Rivals, an arcade-style mobile game that integrates blockchain technology for digital asset ownership. Officially licensed by FIFA, the game allows players to collect, trade, and own exclusive in-game items like limited-edition kits, with some tied to real-world merchandise. The partnership aims to blend OneFootball’s fan engagement platform with Mythical’s blockchain expertise, featuring live stats-driven gameplay, seasonal tournaments, and a secure marketplace for NFT assets. This launch represents a strategic move at the intersection of sports media and Web3 gaming, with both companies positioning themselves as innovators in fan-centric digital experiences.
about OneFootball & Mythical Games Launch FIFA Rivals with BlockchainEx-SEC Chair Gensler’s Private Crypto Stance Revealed
Former U.S. Representative Patrick McHenry disclosed that ex-SEC Chair Gary Gensler held a more nuanced and supportive stance on cryptocurrency in private meetings, contrary to his publicly perceived hostility. McHenry shared this insight during a May 13 podcast appearance, emphasizing the discrepancy between Gensler’s public enforcement actions and private discussions. This revelation raises questions about regulatory transparency and the SEC’s approach to crypto under Gensler’s leadership.
about Ex-SEC Chair Gensler's Private Crypto Stance RevealedTorres Bill Aims to Ban Federal Officials from Crypto Trading
Representative Ritchie Torres is drafting a bill to ban federal officials, including Congress members and regulators, from owning or trading cryptocurrencies to prevent conflicts of interest. The proposed legislation, titled ‘Stop Presidential Profiteering from Digital Assets Act,’ extends existing financial ethics rules to digital assets like stablecoins and memecoins. It also mandates disclosure of crypto holdings by covered individuals. The bill arrives amid ongoing crypto regulatory debates and follows concerns over policymakers’ exposure to digital markets. Critics question its feasibility, while supporters argue it addresses gaps in current disclosure rules. The draft has sparked discussions on the intersection of politics and crypto investments.
about Torres Bill Aims to Ban Federal Officials from Crypto TradingFormer Congressman McHenry Joins a16z as Senior Adviser for Crypto Advocacy
Former Congressman Patrick McHenry has joined venture capital firm a16z as a senior adviser, advocating for a more equitable environment for startups and emerging companies. A prominent supporter of cryptocurrency, he co-sponsored the Financial Innovation and Technology for the 21st Century Act and pushed for stablecoin regulation. McHenry, who retired in January 2025, previously clashed with former SEC chairman Gary Gensler over the classification of Ether as a security.
about Former Congressman McHenry Joins a16z as Senior Adviser for Crypto AdvocacySenate Establishes Crypto Subcommittee with Cynthia Lummis as Chair
The Senate Banking Committee has established its first crypto subcommittee, led by pro-crypto Senator Cynthia Lummis, as Republicans aim to advance digital asset legislation under President-elect Donald Trump. This initiative follows the House’s successful passage of the Financial Innovation and Technology for the 21st Century Act (FIT21), which seeks to clarify regulatory roles between the SEC and CFTC. The subcommittee’s composition includes several Republican senators, while the Democratic appointment remains uncertain, with Senator Elizabeth Warren’s opposition to cryptocurrency likely influencing her stance.
about Senate Establishes Crypto Subcommittee with Cynthia Lummis as ChairSenate Banking Committee Establishes First Cryptocurrency Subcommittee Under Tim Scott
The U.S. Senate Banking Committee, under Chairman Tim Scott, is set to establish its first cryptocurrency subcommittee, with Senator Cynthia Lummis likely to chair, pending a vote. This initiative aims to enhance regulation of the digital assets industry, following the House’s passage of the Financial Innovation and Technology for the 21st Century Act (FIT21), which emphasizes consumer protections. Republican members selected for the subcommittee include strong crypto advocates, while the participation of Democratic leaders remains uncertain.
about Senate Banking Committee Establishes First Cryptocurrency Subcommittee Under Tim ScottUS Senate Banking Committee Establishes First Crypto-Focused Subcommittee
The US Senate Banking Committee is set to establish its first crypto-focused subcommittee, chaired by Senator Cynthia Lummis, with voting scheduled for next Thursday. This initiative aims to provide clarity for the crypto industry, following a similar move in the House Financial Services Committee. The new administration’s appointments, including former SEC commissioner Paul Atkins and Treasury Secretary Scott Bessent, signal a potential shift towards friendlier regulations for digital assets.
about US Senate Banking Committee Establishes First Crypto-Focused SubcommitteeTrump to Launch First Senate Cryptocurrency Subcommittee Under Senator Lummis
The US Senate Banking Committee is set to establish its first cryptocurrency subcommittee, chaired by Senator Cynthia Lummis, as part of a pro-crypto regulatory push under Trump’s administration. This initiative aims to create clear regulations that balance consumer protection with innovation, following significant donations from major crypto firms to Trump’s inaugural committee. With Gary Gensler resigning as SEC chair on inauguration day, the landscape for the US crypto industry appears promising for 2025.
about Trump to Launch First Senate Cryptocurrency Subcommittee Under Senator Lummis