politics
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The New York Supreme Court has ordered the state’s Public Service Commission (PSC) to reassess the approval of Digihost International Inc.’s acquisition of the Fortistar North Tonawanda gas power plant, intended for cryptocurrency mining operations. The court found that the PSC failed to evaluate the transaction’s compliance with New York’s Climate Leadership and Community Protection…
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President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald, as the next U.S. Secretary of Commerce. Lutnick, 63, has been a key fundraiser for Trump’s 2020 and 2024 campaigns and co-chaired the transition team. His nomination underscores Trump’s commitment to integrating business acumen into his administration. Lutnick’s leadership at Cantor Fitzgerald, a prominent…
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Senator Bernie Sanders has expressed support for working with former President Donald Trump to cap credit card interest rates at 10%. Highlighting bipartisan potential, Sanders called out excessive rates charged by banks as “usury,” a stance aligning with Trump’s prior pledge to curb financial exploitation. Per Newsweek, the average credit card interest rate now exceeds…
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Detroit has announced plans to accept cryptocurrency payments for taxes and city fees starting in mid-2025, positioning itself as the largest U.S. city to embrace digital currencies for municipal transactions. The city will collaborate with PayPal to facilitate these payments. PayPal will handle the acceptance of cryptocurrencies such as Bitcoin and Ethereum, converting them into…
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Elon Musk has publicly endorsed Howard Lutnick, CEO of Cantor Fitzgerald, for the position of U.S. Treasury Secretary, highlighting Lutnick’s potential to “actually enact change.” Lutnick, a prominent figure in the financial sector, has been a vocal advocate for cryptocurrencies, particularly Bitcoin. Under his leadership, Cantor Fitzgerald has managed Tether’s Treasury portfolio since 2021 and…
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Ross Ulbricht, the founder of the Silk Road darknet marketplace, has expressed profound gratitude toward supporters who voted for President Donald Trump, trusting him to honor his commitment to commute Ulbricht’s sentence. Ulbricht, who has been incarcerated for over 11 years, conveyed his optimism about regaining freedom, stating he can “finally see the light of…
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Pennsylvania’s House of Representatives has introduced the Pennsylvania Bitcoin Strategic Reserve Act, aiming to authorize the state treasury to allocate up to 10% of its $7 billion reserves into Bitcoin. Representative Mike Cabell, the bill’s sponsor, emphasized that integrating Bitcoin could protect the state from inflation and position Pennsylvania as a leader in financial innovation.…
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BitcoinVersus.Tech Editor’s Note: We volunteer daily to ensure the credibility of the information on this platform is Verifiably True. If you would like to support to help further secure the integrity of our research initiatives, please donate here “The banks are not interested in us as a people. They are interested in our money. And…
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BitcoinVersus.Tech Editor’s Note: We volunteer daily to ensure the credibility of the information on this platform is Verifiably True.If you would like to support to help further secure the integrity of our research initiatives, please donate here Screven County, Georgia, has made history by becoming the first U.S. county to utilize the Bitcoin blockchain to…
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President Donald Trump is reportedly considering utilizing a recess appointment to replace Securities and Exchange Commission (SEC) Chair Gary Gensler, aiming to bypass the traditional Senate confirmation process. This strategy would allow the President to install a new SEC leader during a Senate recess, enabling immediate implementation of his regulatory agenda. The President’s intent to…
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Federal agents conducted a raid on the Manhattan residence of Polymarket CEO Shayne Coplan, seizing his phone and electronic devices. The action followed Polymarket’s accurate prediction of Donald Trump’s victory in the 2024 presidential election. The FBI has not publicly disclosed the reasons for the raid. However, sources suggest potential allegations of market manipulation and…
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President-elect Donald Trump is reportedly set to appoint Senator Marco Rubio of Florida as Secretary of State, marking the first time a Latino would hold this position. The New York Times reported on that Trump appeared to have settled on Rubio for the role, though the decision is not yet final. Rubio, who has served…
