During a two-hour livestream on X Spaces, Trump, his sons, and their business partner Chase Herro, who once described himself as the "dirtbag of the internet," debuted a new crypto endeavor called World Liberty Financial. Trump's appearance was largely promotional. In his opening remarks, Trump did not speak directly about World Liberty Financial,instead touching on Sunday's thwarted assassination attempt, giving a condensed version of his campaign stump speech, and outlining his hopes for the future of cryptocurrency in the U.S.
The group of Democrats, which included Senate Banking ranking member Ruben Gallego (AZ), Kirsten Gillibrand (NY), and Catherine Cortez Masto (NV), stated in the first page of the document that digital assets legislation should be guided by certain values, include "protecting financial privacy while denying bad actors access to the financial system." In the fifth section of the framework, they outlined what this looks like. The outline included the following points:
I was first introduced to Bitcoin in 2014 by a schoolmate during my undergraduate years, and what started as curiosity quickly turned into conviction. As I studied the whitepaper and explored the few available resources at the time, it became clear to me that Bitcoin wasn't just a new form of money-it was a paradigm shift. It addressed structural flaws in traditional finance, like inflation and centralized control, with elegant technological solutions.
The Algorand blockchain employs a Byzantine Fault Tolerance Protocol and Pure Proof-of-Stake for achieving scalability, instant finality, and Sybil resistance, contrasting with Ethereum.
"Having Galaxy as a strategic investor brings tremendous value beyond capital. They have many connections and insights across the U.S. and Asia markets that will be very beneficial to the Sonic ecosystem."
