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New Administration in the US Announces a New Critical Appointment for Cryptocurrencies – Here are the Opinions of the New Official

The U.S. House Financial Services Committee has announced its new leadership structure, with Bryan Steil appointed as chair of the Digital Assets, Fintech and Artificial Intelligence Subcommittee. The announcement, first reported by Fox News correspondent Eleanor Terrett, marks a change aimed at addressing key areas of financial regulation and oversight. “Digital assets are transforming finance,” Steil said in 2024. He criticized the SEC’s approach to crypto regulation, arguing that its current policies stifle innovation and drive jobs offshore. Steil`s role will focus on shaping legislative priorities related to digital assets, financial technology and artificial intelligence, key sectors experiencing rapid innovation and regulatory challenges. Related News: Prominent Analyst il Capo Speaks After the Recent Drop in Bitcoin: Is There Any Need to Worry? What to Expect in Altcoins? Besides Steil, other key appointments include: Besides Steil, other key appointments include: Bill Huizenga: Vice Chairman of the Financial Services Committee Mike Haridopolos: Committee Representative Ann Wagner: Chair of the Capital Markets Subcommittee Andy Barr: Chairman, Financial Institutions Subcommittee Warren Davidson: Chairman of the Subcommittee on Homeland Security, Illicit Finance and International Financial Institutions Dan Meuser: Chairman of the Subcommittee on Oversight Investigations Mike Flood: Chairman of the Home Insurance Subcommittee *This is not investment advice. Continue Reading: New Administration in the US Announces a New Critical Appointment for Cryptocurrencies – Here are the Opinions of the New Official U.Today

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Ethereum (ETH)-Based Gaming Blockchain Ronin (RON) Inks Partnership To Simplify NFT and Crypto Purchases

A gaming blockchain built over Ethereum ( ETH ) is joining forces with a crypto conversion service to streamline how traders purchase non-fungible tokens (NFTs) and digital assets. According to a new press release , play-to-earn gaming platform Ronin ( RON ) is inking a partnership with Transak, a platform that lets investors purchase NFTs and the ecosystem’s tokens using debit and credit cards, just like they would purchase anything else online. “Transak’s fiat-to-crypto infrastructure is now live on Ronin, offering users a seamless way to purchase RON, USDC, WETH (Wrapped Ethereum) and SLP (Smooth Love Potion) directly with fiat currencies using credit cards, debit cards, and various localized payment methods… In addition to fiat on-ramping, Transak’s NFT Checkout is now integrated into Mavis Market, Ronin’s official NFT marketplace. NFT enthusiasts can purchase digital assets directly using their preferred fiat payment methods, bypassing the need for pre-purchased crypto. This feature makes the experience as straightforward as any traditional e-commerce transaction – simply select your desired NFT, click ‘Purchase with Card,’ and complete the payment securely through Transak.” Furthermore, Transak offers other features, such as the ability to purchase NFTs in bulk and in-game microtransactions of NFTs that could be as low as $0.01. As stated by Transak CEO Sami Start in the press release, “At Transak, we believe that buying NFTs should be as intuitive as shopping online. That’s why we built the most advanced NFT Checkout in the industry that is specifically useful for the Web3 gaming industry and platforms like Ronin.” News of the collaboration had little impact on RON as the digital asset is trading for $1.86 at time of writing, a 1.3% decrease on the day. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/WWWoronin/Natalia Siiatovskaia The post Ethereum (ETH)-Based Gaming Blockchain Ronin (RON) Inks Partnership To Simplify NFT and Crypto Purchases appeared first on The Daily Hodl . U.Today