Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Crypto

Crypto Legislation in the U.S.: A Top Republican’s Optimistic Outlook

by Team Lumida
August 22, 2024
in Crypto
Reading Time: 3 mins read
A A
0
a can of soda sitting on top of a green container

Photo by Arthur Mazi on Unsplash

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key Takeaways:

  1. Top Republican Kevin McCarthy remains optimistic about passing U.S. crypto legislation this year.
  2. Legislation aims to provide regulatory clarity and boost investor confidence in the crypto market.
  3. Key stakeholders and bipartisan support will be crucial for passing the bill.

What Happened?

Top Republican Kevin McCarthy expressed optimism about passing U.S. crypto legislation before the year ends. McCarthy emphasized the importance of regulatory clarity to bolster investor confidence and market stability.

According to McCarthy, bipartisan support and collaboration among key stakeholders will be essential to achieve this goal. The proposed legislation aims to address regulatory gaps and provide a clear framework for the rapidly evolving crypto industry.

Why It Matters?

Regulatory clarity in the crypto market could significantly impact investor confidence and market stability. With clear regulations, investors might feel more secure, potentially leading to increased investment and innovation in the sector.

McCarthy’s push for bipartisan support underscores the broad acknowledgment of crypto’s growing importance in the financial landscape. A well-defined regulatory framework could also help the U.S. maintain its competitive edge in the global crypto market.

What’s Next?

You should watch for bipartisan cooperation and engagement from key stakeholders as these will be crucial for the legislation’s progress. Monitor statements and actions from influential lawmakers and industry leaders to gauge the bill’s likelihood of passing.

If successful, expect increased investment and innovation in the U.S. crypto market, potentially setting a precedent for other countries to follow. The coming months will be pivotal in determining whether the U.S. can establish a comprehensive regulatory framework for the crypto industry by year-end.

Source: Coindesk
Tags: Bitcoin
Previous Post

How One Company is Solving the Global Airline Engine Crisis

Next Post

Global Quantitative Tightening: A Game Changer for Markets

Recommended For You

Binance’s Iran Exposure Resurfaces: Internal Probe Halted After Zhao Pardon, Staff Ousted, WSJ Reports

by Team Lumida
1 day ago
Binance’s Iran Exposure Resurfaces: Internal Probe Halted After Zhao Pardon, Staff Ousted, WSJ Reports

Key takeaways Powered by lumidawealth.com WSJ reports Binance investigators traced $1B+ in flows (primarily tether) from a key partner-linked account to an Iran-linked network, then were suspended/fired after escalating...

Read more

Bitcoin Slips Below $65K as Tariff Whiplash Rekindles Macro Risk-Off

by Team Lumida
2 days ago
Bitcoin Could Drop to $50K Before a Potential Fed-Driven Rally

Key takeaways Powered by lumidawealth.com Bitcoin briefly fell below $65,000 (down ~4.8% intraday) as tariff uncertainty hit risk assets; Ether dropped more (~5%+). Market focus is shifting to $60,000...

Read more

Bitcoin Stuck in Narrow Range as Crypto Hedge Funds Shift to Cash and Cut Risk

by Team Lumida
5 days ago
Bitcoin Could Drop to $50K Before a Potential Fed-Driven Rally

Key takeaways Powered by lumidawealth.com Bitcoin has settled into a narrow range of $67,000, showing little directional conviction after a significant drop from its October peak of $127,000. A...

Read more

Trump Family Crypto Platform Pulls In Wall Street and Regulators as “TradFi” Warms to Digital Assets

by Team Lumida
6 days ago
Fed Official Warns of Inflation Risks Under Trump Presidency

Key takeaways Powered by lumidawealth.com World Liberty Financial, tied to the Trump family, convened senior Wall Street leaders and regulators—signaling crypto’s elevation as a policy priority in Trump’s second...

Read more

Peter Thiel Fully Exits ETHZilla as Ether Treasury Model Comes Under Pressure

by Team Lumida
7 days ago
Peter Thiel Fully Exits ETHZilla as Ether Treasury Model Comes Under Pressure

Key Takeaways Powered by lumidawealth.com Peter Thiel and Founders Fund sold their entire position in ETHZilla, exiting a stake that was previously disclosed at 7.5%. ETHZilla is part of...

Read more

Bitcoin Wobbles After Fourth Straight Weekly Loss as ETF Outflows Keep Risk Appetite Fragile

by Team Lumida
1 week ago
Bitcoin Mining Stocks Outperform BTC in Early 2025, Network Strength Grows

Key Takeaways Powered by lumidawealth.com Bitcoin posted its fourth consecutive weekly loss and failed to hold a weekend bounce toward ~$71,000, signaling weak follow-through. The token is down >40%...

Read more

Coinbase Jumps ~20% After Earnings Miss as Bitcoin Bounce Sparks “Bottom-Fishing” Rally

by Team Lumida
1 week ago
Coinbase Q2 2024 Earnings Highlights: Diversification Drives Sixth Consecutive Quarter of Positive Adjusted EBITDA

Key Takeaways: Powered by lumidawealth.com Coinbase shares rose ~17%–20% on more than double-average volume, even after a weak quarter, suggesting expectations were already very low. Bitcoin rebounded as much...

Read more

Coinbase Swings to $667M Loss as Crypto Slowdown Tests Diversification Strategy

by Team Lumida
2 weeks ago
Coinbase Swings to $667M Loss as Crypto Slowdown Tests Diversification Strategy

Key Takeaways: Powered by lumidawealth.com Coinbase posted a $667 million net loss as revenue fell 20% to $1.8 billion amid declining crypto prices and trading activity. Bitcoin’s nearly 50%...

Read more

Strategy Turns to 11% Preferred Stock as Bitcoin Slide Pressures Equity Model

by Team Lumida
2 weeks ago
Bitcoin Could Drop to $50K Before a Potential Fed-Driven Rally

Key Takeaways: Powered by lumidawealth.com Strategy will issue more perpetual preferred shares (“Stretch”) with an 11.25% variable dividend to attract investors wary of stock volatility. The firm holds over...

Read more

Bitcoin Whales Step In As Market Rebounds, but Doubts Persist

by Team Lumida
2 weeks ago
Bitcoin Could Drop to $50K Before a Potential Fed-Driven Rally

Key Takeaways: Large Bitcoin holders, or "whales," have added 53,000 coins in the past week, stabilizing prices after a significant drop. Despite this, the broader market remains cautious,...

Read more
Next Post
Fed Signals Rate Cut: What It Means for Your Investments

Global Quantitative Tightening: A Game Changer for Markets

Intuit Inc. Earnings Highlights

Intuit Inc. Earnings Highlights

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Auto Industry in Chaos After Cyberattack: How It Affects Your Investments

June 23, 2024
person holding remote pointing at TV

Netflix Hit with €4.57M Privacy Fine: Dutch Regulator Cites GDPR Violations Over Data Transparency

December 18, 2024
coca cola can on ice

Coca-Cola Profit Boosted by Higher Prices

October 21, 2025

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018