Tag: senator

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...

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...

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...

Senator's Bitcoin Play: Is This Crypto's Ticket To Mainstream?

Senator's Bitcoin Play: Is This Crypto's Ticket To Mainstream?

• Commentary

Take Nandar, one of the most talented digital artists I encountered in Yangon. She creates stunning NFTs inspired by Burmese folklore, but struggles with exorbitant transaction fees and limited access to global marketplaces through traditional banking. Her story isn't unique. Thousands of other creatives in Southeast Asia are encountering these...

Senator McCormick Increases Bitcoin Holdings Amid Regulatory Scrutiny

Senator McCormick Increases Bitcoin Holdings Amid Regulatory Scrutiny

• Regulation

Senator Dave McCormick follows suit with a $10 million investment in Bitcoin. In March, he bought up to $700,000—or as little as $310,000—of the Bitwise Bitcoin ETF. This development comes as concern mounts and demands for robust federal cryptocurrency regulation increase across a range of stakeholders. It’s a fascinating crossroads...

Japan's "New Capitalism 2025" Plan Signals Regulatory Embrace of Bitcoin and Web3

Japan is strategically positioning itself as a global leader in digital innovation with its updated "New Capitalism 2025" plan, released on April 13. Taken together, this plan represents a major regulatory turning point event toward welcoming Bitcoin and Web3 technologies. The initiative aims to leverage digital assets to solve social...

Japan's Bitcoin Revolution: A Boon for Artists and Web3 Creators?

Is Japan on the verge of accidentally unleashing a tsunami of creative destruction and financial liberation onto the rest of the emerging markets? I know this seems like a tall order, but hear me out. Japan’s regulatory change to officially recognize Bitcoin as a financial product. This step is a...

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...