• About
  • Landing Page
  • Buy JNews
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Former Binance.US CEO Says White Home Attempting To Hold Stablecoins ‘Out of the Dialogue’

SB Crypto Guru News by SB Crypto Guru News
August 14, 2023
in Altcoin
0 0
0
Former Binance.US CEO Says White Home Attempting To Hold Stablecoins ‘Out of the Dialogue’


The previous head of Binance’s US arm says that the Biden administration is trying to stop stablecoins from getting into the American economic system.

In a brand new interview on CNBC’s Squawk Field, former Binance.US CEO Brian Brooks says that the White Home seems to have an anti-stablecoin agenda.

“I feel the administration has made it fairly clear they’re against stablecoins penetrating the economic system, and it’s not completely clear how.

After I say they’re opposed, I say that as a result of former Chairwoman Maxine Waters, who led her Democratic colleagues basically in a walkout of the stablecoin invoice after having spent a 12 months serving to the Chairman of the committee craft that invoice, reportedly as a result of the White Home threatened to veto it.

It’s not clear why it’s so vital for the administration to maintain stablecoins out of the dialogue, however I feel that’s their coverage.”

Brooks goes on to match US-backed stablecoins to Bitcoin (BTC) and says they’re appearing as a device for folks in growing economies to combat inflation by permitting them to hunt refuge in {dollars} which generally inflate at a lot slower charges than their dwelling forex.

“For some motive, folks preserve declaring Bitcoin useless when the truth is it’s having, in any given 12 months, a efficiency that’s higher than the S&P, however that’s a subject for a distinct day.

What stablecoins are actually about is simply fee devices. The thought is that stablecoins are a sooner and basically free internet-based manner of holding and remitting cash to folks, and within the growing world, the place it actually issues how rapidly inflation erodes your financial savings, issues much more than it does within the US, there’s a requirement for these merchandise.

That’s a manner for us to make the greenback related once more at a time when governments around the globe wish to decouple from the greenback. That’s actually a reasonably vital coverage difficulty.

It’s not about crypto, it’s in regards to the function america performs within the monetary system.”

I

Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox

Examine Worth Motion

Comply with us on Twitter, Fb and Telegram

Surf The Each day Hodl Combine

Examine Newest Information Headlines

&nbsp

Disclaimer: Opinions expressed at The Each day Hodl should not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal danger, and any loses you could incur are your accountability. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please notice that The Each day Hodl participates in internet affiliate marketing.

Featured Picture: Shutterstock/Natalia Siiatovskaia/Tithi Luadthong





Source link

Tags: Binance.USBitcoin NewsCEOCrypto NewsCrypto UpdatesDiscussionHouseLatest News on CryptoSB Crypto Guru NewsStablecoinsWhite
Previous Post

Bitcoin Frontier Fund Debuts Revolutionary Ordinals Accelerator

Next Post

Subsequent Cryptocurrency to Explode Monday 14 August – Wall Road Memes, Zcash, Mina

Next Post
Subsequent Cryptocurrency to Explode Monday 14 August – Wall Road Memes, Zcash, Mina

Subsequent Cryptocurrency to Explode Monday 14 August - Wall Road Memes, Zcash, Mina

  • Trending
  • Comments
  • Latest
How to Get Token Prices with an RPC Node – Moralis Web3

How to Get Token Prices with an RPC Node – Moralis Web3

September 3, 2024
AI & Immersive Learning: Accelerating Skill Development with AI and XR

AI & Immersive Learning: Accelerating Skill Development with AI and XR

June 4, 2025
Meta Pumps a Further  Million into Horizon Metaverse

Meta Pumps a Further $50 Million into Horizon Metaverse

February 24, 2025
The Metaverse is Coming Back! – According to Meta

The Metaverse is Coming Back! – According to Meta

February 7, 2025
Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

January 29, 2025
NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

September 6, 2024
Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says

Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says

0
Pepe indicators remain bullish despite losing 9%; check forecast

Pepe indicators remain bullish despite losing 9%; check forecast

0
Polymarket bettors forecast 75% chance Bitcoin reaches 0k in 2025 as prediction volume jumps 30%

Polymarket bettors forecast 75% chance Bitcoin reaches $120k in 2025 as prediction volume jumps 30%

0
AutoRek Unveils Reconciliation and Data Management Solution for Crypto, AutoRek Mion

AutoRek Unveils Reconciliation and Data Management Solution for Crypto, AutoRek Mion

0
Snorter Token Presale Raises .45M, Offering an Automated Trading Bot for Experienced Crypto Users

Snorter Token Presale Raises $1.45M, Offering an Automated Trading Bot for Experienced Crypto Users

0
Top US Crypto Exchange by Trading Volume Coinbase Adds Support for Leading Cross-Chain Messaging Protocol Wormhole (W)

Top US Crypto Exchange by Trading Volume Coinbase Adds Support for Leading Cross-Chain Messaging Protocol Wormhole (W)

0
Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says

Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says

July 4, 2025
Polymarket bettors forecast 75% chance Bitcoin reaches 0k in 2025 as prediction volume jumps 30%

Polymarket bettors forecast 75% chance Bitcoin reaches $120k in 2025 as prediction volume jumps 30%

July 4, 2025
Pepe indicators remain bullish despite losing 9%; check forecast

Pepe indicators remain bullish despite losing 9%; check forecast

July 4, 2025
Snorter Token Presale Raises .45M, Offering an Automated Trading Bot for Experienced Crypto Users

Snorter Token Presale Raises $1.45M, Offering an Automated Trading Bot for Experienced Crypto Users

July 4, 2025
VP.NET: The VPN That Doesn’t Ask for Your Trust – It Makes Tracking You Technically Impossible

VP.NET: The VPN That Doesn’t Ask for Your Trust – It Makes Tracking You Technically Impossible

July 4, 2025
Bitcoin’s Latest Profit-Taking Spree Was Driven By HODLers

Bitcoin’s Latest Profit-Taking Spree Was Driven By HODLers

July 4, 2025
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.