Front Burner Trump’s crypto bills: what does he stand to gain?
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Jul 18, 2025 Jacob Silverman, co-author of "Easy Money" and host of The Naked Emperor, dives into Trump’s ventures in the cryptocurrency landscape. He discusses the implications of legislative measures that could reshape U.S. crypto regulation. Silverman highlights Trump’s shifting alliances within the crypto industry and his family's financial ties, raising questions about potential corruption. The conversation also addresses the complexities of regulatory oversight and the challenges posed by intertwining politics and business, particularly in relation to World Liberty Financial.
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Genius Act Legalizes Stablecoins
- The Genius Act legalizes stablecoins and enables their broader use in the US payment system.
- This bill allows stablecoin companies access to mainstream financing with basic backing requirements.
Crypto Regulation Shift Favoring Industry
- A bill shifts crypto regulatory power from the SEC to the smaller CFTC, favoring industry interests.
- This reduces strict securities law enforcement, which the crypto sector prefers.
CBDC Ban Mainly Symbolic
- Banning a US central bank digital currency satisfies MAGA fears but has little practical impact now.
- The idea fuels libertarian and right-wing conspiracies about government control.
