Trump mulls creating first White House crypto post: Report
The role would be the first-ever crypto-specific White House role and may report directly to Trump, Bloomberg reported. Go to Source
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The role would be the first-ever crypto-specific White House role and may report directly to Trump, Bloomberg reported. Go to Source
Crypto advocate Howard Lutnick’s nomination as Commerce Secretary by Trump could revolutionize U.S. cryptocurrency policy. Wall Street Leader Howard Lutnick Tapped as Commerce Secretary, Backing Crypto Growth President-elect Donald Trump has announced the nomination of Howard Lutnick, CEO of Wall Street giant Cantor Fitzgerald, as the next Secretary of Commerce. Lutnick, a seasoned financial executive, … Read more
The future commerce secretary is a billionaire whose Wall Street firm has ties to Tether. Go to Source
Lutnick has become increasingly visible to the crypto community due to his relationship with Tether and his appearance at Bitcoin 2024. Go to Source
Howard Lutnick, CEO of Cantor Fitzgerald, says bitcoin is a commodity. “When you truly understand bitcoin, it’s hard to see it any other way,” he said, adding that the crypto “should be treated like gold and like oil.” While stating that other digital assets may vary, he firmly maintained that BTC is a commodity. Howard … Read more
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil. Go to Source
Cantor Fitzgerald, a billionaire asset management fund, recently announced its plans to provide leveraging services for Bitcoin investors. This venture will operate as a separate entity, commencing its operations with a capital of $2 billion. The capital will be replenished in tranches of $2 billion to cater to the needs of Bitcoin holders. This information … Read more
Howard Lutnick, CEO of financial services company Cantor Fitzgerald, highlighted the value of stablecoins in the fight to maintain the hegemony of the U.S. dollar. Lutnick stated that fully redeemable stablecoins allowed citizens in emerging markets to use their digital dollars for commerce, stabilizing the demand and relevance of the currency. Cantor Fitzgerald CEO: The … Read more
Cantor Fitzgerald has been managing Tether’s now $90 billion Treasury portfolio since late 2021. Go to Source