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...
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...
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 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...
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...
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 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...
