Tag: bitcoin

El Salvador Doubles Down: Why They're Still Buying Bitcoin

El Salvador Doubles Down: Why They're Still Buying Bitcoin

• Facts

Despite multiple cautions from the International Monetary Fund (IMF), El Salvador doubles down on its Bitcoin (BTC) accumulation strategy. President Nayib Bukele is still committed to Bitcoin, maintaining that it helps the country as a long-term national reserve asset. This steadfast dedication begs many questions about the country’s economic plan...

El Salvador's Bitcoin Bet: A Revolution or a Risky Gamble?

El Salvador's Bitcoin Bet: A Revolution or a Risky Gamble?

• Commentary

El Salvador's President Nayib Bukele took a massive swing, didn't he? Making Bitcoin legal tender. The war torn apart, as the world watched—some cheering that spreading of democracy, and others clutching their pearls. This development should be a cautionary tale for emerging economies. Artists in Southeast Asia, especially, are having...

McCormick's Bitcoin Bet: Is This Web3 Innovation or Wall Street 2.0?

McCormick's Bitcoin Bet: Is This Web3 Innovation or Wall Street 2.0?

• Commentary

Senator Dave McCormick is making headlines with his new Bitcoin purchase. He invested $505,000 to $1.1 million into the Bitwise Bitcoin ETF, creating a huge amount of hype. He’s a majority member of the Senate Banking Committee, which is continuing to shape crypto regulation with his introduced GENIUS Act providing...

Senator McCormick's Bitcoin Investments Raise Eyebrows Amid Crypto Regulation Debates

Senator McCormick's Bitcoin Investments Raise Eyebrows Amid Crypto Regulation Debates

• Regulation

U.S. Senator Dave McCormick (R-Pa.), who was elected to the Senate this past January, recently disclosed his substantial early investments in bitcoin. This disclosure has the government ethics community up in arms. Yet McCormick’s investments aren’t just striking — they’re perfectly in line with his role on the Senate Banking...

Senator's Bitcoin Bet: Conflict of Interest or Smart Investing?

Senator's Bitcoin Bet: Conflict of Interest or Smart Investing?

• Facts

Sen. Dave McCormick, a Republican from Pennsylvania, an key regulatory policy proposal. His Bitcoin investments aside, his influence on the trajectory of digital asset regulation have set off a firestorm of debate. Like fellow financial titan former CEO of Bridgewater Associates, McCormick now brings a wealth of financial expertise to...

Is McCormick's Bitcoin Play a Preview of Crypto's Corrupt Future?

Is McCormick's Bitcoin Play a Preview of Crypto's Corrupt Future?

• Commentary

Senator Dave McCormick's recent Bitcoin ETF investment – up to a cool million – has raised more than just eyebrows. It's ignited a firestorm of questions about ethics, influence, and the potential for crypto to become just another playground for the powerful. Though his spokesperson claims it’s all on the...

Senator's Bitcoin Betrays Blockchain's Promise of Decentralization

Senator's Bitcoin Betrays Blockchain's Promise of Decentralization

• Commentary

This is the second of a multi-part series on Nandar by Cinthia M. Souza of Coffee and Cocktails Art Collective & Organization (CCACO). She taught local artists to mint their work as NFTs. This allowed them to avoid the heavy-handed censorship and erratic financial system that has haunted Myanmar for...

McCormick's Bitcoin Investments Under Scrutiny Amid Crypto Legislation

McCormick's Bitcoin Investments Under Scrutiny Amid Crypto Legislation

• Regulation

Dave McCormick, a member of the Senate Banking Committee’s subcommittee on digital assets, has invested up to $1 million in Bitcoin this year, raising questions about potential conflicts of interest as his committee considers cryptocurrency regulation. The subcommittee, now chaired by Cynthia Lummis (R-WY), has been given the responsibility of...

Senator's Bitcoin Bet: Conflict of Interest or Savvy Investing?

Senator's Bitcoin Bet: Conflict of Interest or Savvy Investing?

• Facts

Senator Dave McCormick's recent investment of nearly $1 million in Bitcoin, while simultaneously playing a key role in shaping digital asset regulation in the U.S. Congress, has ignited a fiery debate. Or is this a smart money investor seeing a value play? Or does it just uncover a serious conflict...

Senator's Million-Dollar Bitcoin Bet: Conflict or Crypto Visionary?

Senator's Million-Dollar Bitcoin Bet: Conflict or Crypto Visionary?

• Facts

The intersection of finance and politics creates lucrative but controversial ethical issues. With the increase in popularity of cryptocurrency, these conversations have continued to accelerate. DeliciousNFT.com is exploring the genesis of Senator McCormick. His large personal investment in Bitcoin poses important questions about his potential conflicts of interest as he...

5 Ways This Crypto Bill Empowers Southeast Asian Artists, Not Wall Street

Let’s be honest, when you hear about crypto regulation, your first thought probably isn't Southeast Asian artists finding new avenues for creative expression. Surely visions of Wall Street honchos and inscrutable derivatives dance in your head. Well, what if I told you that the Senate’s Banking Committee just released their...

Senate Republicans Forge Ahead on Crypto Market Structure Framework

Republican senators working on a new framework for digital assets legislation, riding the positive bipartisan wave in the Senate as of late. This announcement follows the Senate’s passage of a bill to regulate stablecoins last week. It was passing with overwhelming bipartisan support.Senators Tim Scott, Cynthia Lummis, Thom Tillis, and...

Crypto's 'Light-Touch' Regulation Gamble Will It Protect You?

The Senate Committee’s proposed “light-touch” regulatory framework for crypto is a long high-stakes poker game. Are we all truly holding a winning hand, or are we collectively bluffing our way into a future financial crisis? It’s a question every investor, every innovator, and frankly, every citizen should want to know....

Trump Jr. at KBW2025: Web3's Mainstream Moment?

Donald Trump Jr.’s scheduled keynote address at KBW2025 is raising eyebrows and inspiring intense discussion across the Web3 ecosystem. He’s just a high-profile guy shaking things up in the crypto world. His presence further exemplifies the increasing importance of blockchain technology and its potential to revolutionize the traditional economy. Does...

Trump Jr. at KBW2025: Web3's Punk Rock Moment or Sellout?

Or I think about Nandar, a wonderful Burmese artist that I met in Yangon, sharing with me her latest NFT collection. Each work exploded with vivid imagery, bravely fighting back against the junta’s repressive hold. She began selling them directly to supporters around the world, allowing her to cleverly sidestep...

KBW2025: Is Trump Jr. Web3's Trojan Horse or its Savior?

Donald Trump Jr. at Korea Blockchain Week? It's a head-scratcher, isn't it? About as easy as locating a MAGA hat at a Burning Man soirée. Before we put this down as just another short-lived publicity stunt, let’s take a closer look at what this could IoTally Web3 means. Cynical ploy...

Schiff's Crypto Ban: Is He Protecting Us or Silencing Innovation?

Senator Adam Schiff's proposed crypto ban, the COIN Act, aimed at preventing the President (read: Donald Trump) from dabbling in digital assets, raises a critical question: Is this genuine protection against corruption, or a veiled attempt to stifle innovation, especially for emerging markets? Let's be real, the optics are terrible....