DMD Fintech Trend Report

October 10, 2024

The DMD FinTech Trend Report — Powered by Advantage Evans Academy📈

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Available in paperback & e-book at Amazon.com and wherever books are sold.

A 2024 ERIC HOFFER BOOK AWARD CATEGORY FINALIST

Illegal? A fad? A scam? Unregulated? What is Cryptocurrency? Get the facts so you can make well informed decisions.

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UPCOMING EVENTS 📅

• 🌟REGISTER NOW🌟: Crypto for the Culture Virtual Conference 10.17.2024. You're Invited! I am speaking at Crypto For The Culture on Thursday, Oct 17th (Virtual) Web3 Diversity Conference. Learn about Policy and Legislation, Bitcoin, and the Intersection of AI & Blockchain from incredible leaders in the Web3 industry. Register here for free.

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LEAD STORY 📰

The Next U.S. President Won’t Define Crypto’s Future, Congress Will

By Tonya M. Evans, Penn State Dickinson Law Professor, Speaker, Consultant & Author of Digital Money Demystified

The national conversation around cryptocurrencies, blockchain technology, and U.S. innovation leadership has centered on the White House this election cycle. Presidential candidates Vice President Kamala Harris and former President Donald Trump have both made notable shifts regarding this emerging industry of financial technology. Harris has pivoted from President Biden’s antagonistic approach, led by the Securities and Exchange Commission (SEC) and prudential regulators, to a more pro-innovation tone focused on blockchain and digital assets. These technologies, she claims, are crucial to her "Opportunity Economy," aimed at empowering middle-class families and small businesses.

Meanwhile, Trump, who once called bitcoin a "scam," now vows to make the U.S. the "crypto capital of the planet" and pledges to fire SEC Chair Gary Gensler (the head of an independent agency who can only be removed for cause) on his first day in office. Although these promises grab attention, the reality is that the President’s influence over the future of digital assets is limited.

It is Congress that holds the real power to shape the regulatory framework for crypto. Find out why. 📩 Read the full article via Forbes.com.

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NEWS DIGEST

All Subscribers🪙

• PayPal’s Investments Are Leading The Mass Adoption Of Crypto Payments

• First Mover Americas: Crypto Market Muted After HBO Satoshi Reveal Falls Flat

• Crypto.com Signals Texas As Emerging Powerhouse Beyond Bitcoin Mining

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FINTECH LAW DIGEST

On the Legal Front ⚖️

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• Crypto.com Sues SEC To Fight Gary Gensler’s Ongoing Crypto Crackdown

• Prosecutors Charge Four Crypto ‘Market Makers,’ Employees With Market Manipulation, Fraud

• XRP Falls After SEC Appeals 2023 Ruling That Said The Token Was Not a Security

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