🚨NEWS: The National Fraternal Order of Police, one of the key law enforcement groups involved in negotiations over the Blockchain Regulatory Certainty Act, is now backing the latest version of the Clarity Act, saying revised BRCA language addresses its previous concerns and preserves law enforcement’s ability to investigate crypto crimes.
The BRCA remained unchanged in the latest version of the bill released Wednesday, so it’s unclear what changes the group is referencing.
PepsiCo, the parent company of Doritos, lost over $1 billion after raising the price of a bag of Doritos to $6-$7. People stopped buying them. They later lowered the price to recover some of the lost revenue, but sales are still down.
I love that for them.
Russia Just Unleashed Massive Crypto Legislation, Beating the U.S. at Their Own Game
While the Clarity Act is struggling:
Russia, Japan, South Korea, UAE and others have already introduced their equivalence of Clarity Act.
They’re creating a system away from the Dollar rails…
I did warn you😉😏
🚨 BREAKING: President Trump has directed all Americans to report gas station price gouging to officials after he noticed crude oil is CRASHING
“WTI CRUDE - $69, and heading down. This is less than it was prior to the start of the Denuclearization of Iran!“
“GAS PRICES COMING DOWN, FAST! REPORT ANY ABUSES AT RETAIL LEVEL!!! President DJT” 🔥
🚨CENTRAL BANKS WARN STABLECOINS ARE HELPING THE DOLLAR WIN
The BIS warns dollar-pegged stablecoins are not acting as an alternative to fiat, but as a faster way for people to move into the US dollar.
During inflation or financial stress, households often flee weak local currencies for dollars. Stablecoins now make that switch almost instant through USDT or USDC.
Since most stablecoins are tied to the dollar, this keeps the dollar at the center of the system instead of replacing fiat.
The BIS warns that once dollar dependence takes hold, it can last for years.