JUST IN: 🇺🇸 CFTC Chairman Mike Selig talks to CNBC about the newly proposed crypto rules.
"I am absolutely disappointed in congress...but we've got statutory authority and we're going to use it" 🚀
JUST IN: CFTC lists BTC, ETH, SOL, XLM, XTZ and XRP as examples of “digital commodities.”
Under the CFTC/SEC taxonomy, digital commodities are generally NOT securities.
This could mean less SEC uncertainty, clearer oversight and an easier path for US crypto listings.
JJUST IN: China's crypto rollout will trigger a Bitcoin supercycle, says former UBS Asia Investment Bank chief. 🚀
"They are using Hong Kong to test how to implement and manage it."
👉 $200k BTC secured?
The new CTX and CAM rules would create a federal framework for CFTC-registered crypto exchanges and recognize key differences between crypto assets and traditional commodities.
Key implications:
- Bitcoin and Ether would sit within a clearer CFTC-led framework
CFTC is now in ACTION for crypto regulatory CLARITY.
CFTC Chairman Selig says the agency is proposing its FIRST round of crypto market regulations, per WSJ.
🚨 HOLY SMOKES. President Trump just said that the fraud task force CAUGHT Democrats "defrauding" American families through Obamacare, and they fully intended to KEEP THAT MONEY
47 just sent that money back to 1 MILLION FAMILIES. 👏🏻
It's a disaster — Obamacare. It's expensive, horrible healthcare. We caught them and we're giving all of that money back to the people where it belonged!" 🇺🇸
The checks are for $500, and went out to 1 MILLION people
Democrats overcharged Americans then sat on the surplus!
NEW: 💸 Fundstrat's Tom Lee says this week's softer jobs report and fading inflation one-offs will let the Fed walk back from hawkishness over six months.
"Tech stocks making new highs and crypto doing so well... they're anticipating easier financial conditions ahead," he adds.
Will the midterm elections drive the next market rally?
"The midterms bring in the 9 most consistently profitable months in all of stock market history. There is no other period like it."
Legendary investor Ken Fisher explains:
We can't ONLY rely on Trump being president, we need a law that CODIFIES everything he's doing at the border for eternity
Count on TENS OF MILLIONS more coming in if this does not pass and a Democrat gets elected!
🚨 IT'S OFFICIAL: President Trump announces he will push Congress to pass the "NO INVASION OF OUR COUNTRY ACT" to infinitely BAN any and all future presidents from opening the border to mass invasion
"It will prohibit any future president from ever opening our borders to illegal immigrants again. The country can't take it!"
ALL THE MORE REASON TO VOTE RED 🔥
🇺🇸🇮🇷JUST NOW: Trump has linked Iran to a THREAT that prompted the US to pull all its B-1 bombers out of its UK base.
"We had a threat. And if we're going to be threatened, we just move them," Trump said.
He added that the US knows who made the threat, and they've "gotten themselves into big trouble."
UK Prime Minister Andy Burnham says there are "strong indications" Iran was behind it.
💥BOOOOOOOOOOOOOOOM!!!💥
🇺🇸 THE NEW YORK STOCK EXCHANGE JUST ANNOUNCED 'THE FUTURE OF CAPITAL MARKETS':
1. MONEY, STABLECOINS
2. TOKENIZED STOCKS,
BONDS, SECURITIES
3. COMMODITY MARKETS
TRANSLATION: The ENTIRE financial system will be ON-CHAIN! 🔥
🚨Secure Your Assets Through LLC/TRUST and WEB3
• How can you safeguard your 401(k)?
• How can you purchase XRP?
• How can you obtain a LLC/TRUST 24K Gold Card?
• What is a secure wallet for storing XLM and XRP?