According to Cointelegraph, the cryptocurrency industry in Washington has experienced a significant transformation from a hostile environment to a more coordinated and effective political movement. For years, the industry faced regulatory challenges, lawsuits, and policy uncertainties that drove many innovators overseas. However, Kristin Smith, president of the Solana Policy Institute, highlights a dramatic shift in the regulatory landscape in the latest episode of the Clear Crypto Podcast. Smith, who has been a prominent policy leader in Washington and former CEO of the Blockchain Association, discusses the evolution of the U.S. regulatory environment with hosts Nathan Jeffay and Gareth Jenkinson. She notes that the industry, once fragmented and defensive, has now become one of the most organized political movements in recent history. Smith emphasizes that the previous regulatory assault on crypto, primarily through securities laws, aimed to create confusion and push builders overseas. Despite these challenges, the industry has not only survived but thrived, with expectations of expanding the marketplace to unprecedented levels. A pivotal moment in this transformation is the enactment of the GENIUS Act, a landmark legislation that establishes a federal framework for dollar-backed stablecoins. Smith describes this law as a victory for the industry and a validation of blockchain's role in the U.S. economy. She underscores the importance of stablecoins and the underlying blockchains on which they are minted, suggesting that the government will find it politically untenable to attack these financial rails as they become integral to value trading. The podcast episode also sheds light on the maturation of lobbying efforts within the crypto space. From a handful of policy advocates in 2017 to hundreds today, the industry has built a presence in Washington that rivals more traditional sectors. Smith points out the shift from companies avoiding engagement in Washington to establishing one of the largest super PACs, marking a real political movement. The Solana Policy Institute plays a unique role by representing an entire blockchain network rather than a single company, amplifying the perspectives of Solana developers, builders, and users. This approach is crafting a new playbook for decentralized communities to engage with regulators. Despite these advancements, Smith emphasizes that the movement is not about protecting incumbents but rather about creating a fairer, more open financial system. Advocates are driven by the belief in empowering individuals with ownership of their assets and enabling transactions without unnecessary intermediaries. For those interested in the full conversation, the complete episode is available on Cointelegraph’s Podcasts page, Apple Podcasts, or Spotify.

Your daily access to the back room. source: https://www.blockhead.co/2025/08/21/btc-momentum-stalls-as-capital-inflows-weaken-fed-minutes-add-policy-uncertainty/

The United States and the European Union have finalized the details of a trade agreement, formalizing a truce that almost went sour between the world’s two largest economies. The pact was published in a joint statement on Thursday, and sets out tariff reductions and regulatory commitments from the verbal deal reached in July. According to […] source: https://www.cryptopolitan.com/us-and-european-union-reach-a-trade-deal/

The decision will determine whether XRP gains its first-ever spot exchange-traded funds (ETFs), a development that could accelerate institutional adoption. source: https://coindoo.com/xrp-etf-to-be-approved-in-60-days-according-to-analysts/

Current age verification drives users to VPNs and sketchy sites. Blockchain can prove you’re over 18 without exposing your identity to data breaches. source: https://cointelegraph.com/news/verification-age-blockchain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Powell's speech in Jackson Hole forces big cut in XRP longs on world's largest crypto exchange, Binance source: https://u.today/top-binance-traders-cut-xrp-longs-ahead-of-powells-speech

Bitcoin rebounded to $113,100 after a sharp correction from its ATH, with sentiment stabilizing as investors awaited Jerome Powell’s Jackson Hole speech. <p>The post Bitcoin Bounces After 10% Correction—Will Powell Spark the Next Rally? first appeared on Ecoinimist. </p> source: https://ecoinimist.com/2025/08/21/bitcoin-recovers-powells-speech-looms/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-recovers-powells-speech-looms

According to BlockBeats, Jill Hirzel from Insight Investment has indicated in a report that the U. S. dollar might weaken as U. S source: https://www.binance.com/en/square/post/28616097541858?utm_source=BinanceNewsRSS

According to BlockBeats, Jill Hirzel from Insight Investment has indicated in a report that the U.S. dollar might weaken as U.S. President Donald Trump's policies diminish the appeal of American exceptionalism, potentially reducing capital inflows into the United States. Hirzel stated that policy uncertainties and a more aggressive 'America First' agenda could erode the cyclical support for the dollar, leading to a prolonged period of weakness. However, she cautioned investors against excessively betting on the dollar's decline through short positions, as growth outside the United States is expected to be weak at best, and speculators may already hold significant short positions on the dollar. Additionally, real interest rates, adjusted for inflation, are likely to remain high until signs of economic weakness emerge that are concerning enough for policymakers.

null source: https://x.com/BTC_Archive/status/1958519192992285182

「ポジションOlが時価総額MCより大きい」というのは、極めて強い投機的シグナルである。

今晩の推薦図書：1.カニエのコイン発売は疑わしい なぜ有名人のコインはいつも大失敗なのか；2.ビットコインネットワークのオンチェーン活動の現状は今どうなっているのか；3.ハイパーリキッド 11人が分散型暗号通貨のセキュリティで年間11億ドルを支える ;

また、このことは発行体、既存の支援システム、銀行システム、市場、そしてより一般的な金融の安定性にとってどのような意味を持つのだろうか。

11人というミニマムな体制は、効率性と純粋さをもたらす一方で、セキュリティ、コンプライアンス、エコの拡大といった多方面を同時にこなすにはマンパワーが足りないことを意味する。技術的な抜け穴やハッカー攻撃があった場合、チームの対応能力は厳しく問われることになる。

現在Yeとして知られるカニエ・ウェストは、ソラナベースのYZYトークンを発表し、40分以内に30億ドルの評価額まで市場を急騰させた。供給量の大半はインサイダーによってコントロールされており、取引が活発に行われているにもかかわらず、長期的な安定性に対する懸念が高まっている。

規制の分野でも、この比較の価値が実証されている。ビットコインの台帳は完全にオープンであるため、世界の規制当局はブロックチェーンをコンプライアンスに活用することができる。

タイ観光スポーツ省は、今後3ヶ月間、全国的な観光を促進するため、外国人観光客に20万枚の国内線無料航空券を提供する計画を発表した。

Project,CoinDesk,パンデュ・ウォッチリスト：まだ強気（Bullish）？ Gold Finance,Bullishのファンダメンタルズとバリュエーションの詳細な内訳。

ビットコインとアルトコインが過去6日間で後退したため、暗号通貨市場全体の弱含みを反映し、アルトコインに対する世界のオンライン検索の関心が今週顕著に低下した。

DBSはイーサリアム上で初のトークン化された仕組債を発売し、10万ドルの投資を1000ドル単位に分割して取引を容易にした。当初は暗号通貨と連動するこの債券は、現地のデジタル・プラットフォームを通じて、認定投資家や機関投資家に提供される。