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Deaton vs. Warren: Crypto Clash Sparks Heated Debate on Regulation

The first fiery showdown between prominent attorney John Deaton and Senator Elizabeth Warren has ignited a fierce battle over the future of cryptocurrency regulation.

Deaton, a staunch advocate for digital currencies, champions crypto as a revolutionary force for financial freedom and innovation. On the opposing side, Warren, a seasoned senator from Massachusetts since 2012 and one of the industry's most vocal critics, warns of the grave risks posed by cryptocurrencies. From facilitating criminal activity to undermining consumer protections. She is calling for urgent and sweeping regulatory action.

This high-stakes confrontation underscores the widening rift between proponents of decentralized finance and lawmakers demanding stricter oversight in a rapidly shifting digital landscape. The stakes couldn't be higher as both sides vie for influence in shaping the future of the global economy.

Stripe Enhances Crypto Payment Solutions with USDC on Ethereum, Solana, and Polygon, Eyes Acquisition of Bridge

Stripe's "Pay with Crypto" service allows businesses to receive payments in USDC across blockchain networks like Ethereum, Solana, and Polygon.

The service converts these crypto payments directly into fiat currency, so users don’t need to manage or exchange cryptocurrencies themselves. Stripe applies a 1.5% transaction fee for this feature, providing a seamless option for businesses.

Notable companies using Stripe include Amazon, Instacart, Shopify, Wayfair, and Google. Bloomberg reported that Stripe is in talks to acquire Bridge, which provides a platform for businesses to create, manage, and transact with stablecoins, including USDT and USDC.

Donald Trump’s World Liberty Financial Launch Stumbles with Website Crash, Sells 858M WLFI Tokens and Raises Concern

World Liberty Financial’s October 15th launch faced severe challenges, with the platform’s website crashing shortly after going live.

The company, whose slogan is “Shape a New Era of Finance. Be DeFiant,” is selling its WLFI tokens at $0.015 each, accepting cryptocurrencies such as ETH, USDC, USDT, and WETH.

By October 17th, the platform had sold 858.24 million tokens, with 19.142 billion tokens still available. Approximately 2,900 wallets had purchased over 330 million tokens, generating around $5.5 million in ETH, USDC, and USDT. In case you missed it, there are eighteen days until the election. WLFI has not added BTC to its platform at this time.

Kamala Harris Quietly Slides Crypto Regulation in 'Black Men’s Agenda'

Vice President Kamala Harris unveiled her “Opportunity Agenda for Black Men,” outlining her plan for expanding economic opportunities for Black men, also known as her "cryptocurrency policy".

As a whole, the agenda includes five key components, one of which is cryptocurrency. She simply says that she is supportive of stronger cryptocurrency regulations to protect Black investors.

The synopsis is clear: she is now talking about cryptocurrencies after realizing how significant the voter bloc is.

The Harris campaign posted the following on their website, providing details about her cryptocurrency agenda: