Gimme The Coin

📈 Deutsche Bank: Bitcoin May Join Gold in Central Bank Reserves by 2030 📊 Deutsche Bank's Research Institute released a report on September 22, titled "Bitcoin vs. Gold: The Future of Central Bank Reserves by 2030," assessing the potential for bitcoin to coexist with gold in official reserve portfolios. The study evaluated both assets against traditional reserve criteria such as volatility, liquidity, and trust, predicting that by 2030, central banks may hold both as diversifiers. 📈 The report highlighted gold's longstanding position as a safe-haven asset, with prices reaching a record $3,703 per ounce in September due to strong central bank demand and geopolitical risks. Bitcoin has also seen significant price increases, briefly exceeding $123,500 in August. Deutsche Bank analysts noted,

Its price strength highlights growing institutional adoption and its emerging status as a potential macro hedge.

They concluded,

there is room for both gold and bitcoin to coexist on central bank balance sheets by 2030.

🌍 The report also discussed the potential for a national bitcoin reserve to demonstrate confidence in crypto's future and establish international financial standards, similar to the role of US gold reserves today. Looking forward, the study stated,

Ultimately, bitcoin and gold will continue to co-exist in the medium term, with gold maintaining its lead in official reserves and bitcoin expanding in private and alternative reserves.

💼 The authors emphasized that bitcoin and gold serve as complementary diversifications for central bank portfolios. However, they cautioned against overestimating their impact, stating,

Neither bitcoin nor gold is likely to replace the US dollar as the primary reserve asset or means of payment.

Advocates argue that bitcoin's portability, limited supply, and independence from governments provide it with a unique long-term role, even as gold remains central to official reserves.

🌐 Vitalik Buterin's Vision for Low-Risk DeFi on Ethereum 👤 In a blog post dated September 21, 2025, Ethereum co-founder Vitalik Buterin expressed his belief that "low-risk" decentralized finance (DeFi) could serve as a primary revenue engine for Ethereum, similar to how search engines benefited Google. He emphasized that this approach could support the platform's cultural and technical objectives. 🔍 Buterin defines low-risk DeFi as encompassing payment and savings systems, fully collateralized lending, and synthetic assets that provide global access with reduced risks compared to previous DeFi models. He pointed out that enhanced protocol security, the rise of stable-core applications, and features like predictable stablecoin yields make a strong case for both institutional and retail adoption. Additionally, he argued that DeFi's transparency might offer greater stability than traditional finance. 💡 Buterin also highlighted how low-risk DeFi aligns with Ethereum's core values and its potential to boost ETH's economic utility through fees and collateral. He sees it as a foundation for future innovations such as reputation-based credit systems and tokenized basket currencies.

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📈 Accelerating Institutional Crypto Activity: CME's Upcoming XRP and Solana Options 🚀 The CME Group, the largest derivatives marketplace globally, announced on September 17 its plans to launch options on XRP and Solana futures starting October 13, pending regulatory approval. This move will introduce both standard and micro-sized futures contracts, allowing clients to trade options with daily expirations throughout the business week, month, and quarter. 📊 Giovanni Vicioso, CME Group’s global head of cryptocurrency products, highlighted the growing momentum behind this expansion. He stated,

The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures.

Vicioso noted that the company's offerings are attracting a wide range of participants, from institutional investors to active individual traders. This rollout aims to enhance hedging opportunities and improve liquidity beyond Bitcoin and Ethereum, in response to rising institutional demand for diversified digital asset tools. 📈 Recent adoption data illustrates the rapid growth in these markets. Since their launch, XRP futures have seen over 370,000 contracts traded, totaling $16.2 billion in notional value, with August setting records for average daily volume and open interest. Similarly, Solana futures have surpassed 540,000 contracts traded, representing $22.3 billion in notional terms, also achieving record activity in August. 📈 A company statement emphasized the swift adoption of these contracts:

Since their respective launches, CME Group’s suite of Solana and XRP futures have become some of the company’s most quickly adopted futures products.

The introduction of options aligns with CME Group’s broader strategy to cater to the demand for institutional-grade digital asset instruments.

🛡 Shibarium Bridge Exploit: $2.4 Million Drain 💔 On September 13, the Shibarium bridge, linking Shiba Inu's layer two network to Ethereum, fell victim to a flash loan exploit that resulted in a loss of approximately $2.4 million in ether (ETH) and shiba inu (SHIB) tokens. Developers reported that the attacker utilized a flash loan to acquire 4.6 million BONE tokens, seized majority validator power through compromised signing keys, and executed a malicious state to transfer funds from the bridge. 🔒 In response to the breach, the Shibarium team temporarily paused staking and unstaking activities. They transferred stake manager funds from a proxy contract to a hardware wallet protected by a 6-of-9 multisignature setup. Blockchain developer Kaal Dhairya described these measures as temporary safeguards while the team verifies key control and rotates credentials. 🟥 The team is collaborating with blockchain security firms Hexens, Seal 911, and Peckshield, and has reached out to law enforcement authorities. They expressed a willingness to negotiate for the return of the stolen funds, suggesting that a small bounty could be considered and charges might not be pursued. 📉 Initial assessments indicated losses nearing $2.4 million across ETH and SHIB, with the 4.6 million BONE involved in the exploit effectively frozen due to network unstaking delays and administrative locks. Analysts noted a temporary rise in BONE's price during the incident before it declined by over 12% against the U.S. dollar. ⏳ As of September 14, the Shibarium bridge remains paused while investigators assess validator integrity and trace the exploit's flow. The team stated that stake and validator operations would resume once secure key transfers are completed and ownership is verified. ⚠️ SHIB supporters and users are advised to monitor official Shibarium and Shiba Inu channels for updates and to refrain from interacting with the bridge until it is declared safe. No user wallets on L2 were reported to be affected, although SHIB has also seen a decline of over 5% against the U.S. dollar, trading at $0.00001379 per unit.

💰 Avalanche Foundation's $1 Billion AVAX Acquisition Plan 💬 The Avalanche Foundation is reportedly in advanced talks to establish two cryptocurrency-treasury vehicles in the U.S., aiming to raise approximately $1 billion for purchasing AVAX, the native token of the Avalanche network. According to a recent Financial Times (FT) report, these discussions are nearing completion, with both deals targeting U.S. institutional investors. 🔍 One of the transactions seeks up to $500 million through a private investment led by Hivemind Capital into an existing Nasdaq-listed company, with Anthony Scaramucci providing advice. Hivemind has confirmed its involvement in the deal, although Scaramucci has not commented. The second plan, backed by Dragonfly Capital via a special-purpose acquisition vehicle, is also aiming for $500 million and may close as early as October. 💸 The funds raised from these transactions are expected to be used to acquire millions of AVAX tokens at a discounted rate from the foundation. Currently, there is a maximum supply of 720 million AVAX, with approximately 422 million in circulation. Following the news, AVAX saw a 2.5% increase in value on Thursday and has risen 17% over the week. However, it remains significantly lower than its 2021 all-time high of $144 per coin, trading at $28.85 at the time of reporting. 📉 This initiative comes amidst a decline in shares of various crypto-treasury companies, despite recent gains in tokens associated with Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The Avalanche network has been explored by major Wall Street firms like Blackrock, Apollo, and Wellington Asset Management for tokenized fund pilots, as noted in the FT article. Despite these developments, AVAX has underperformed compared to its competitors during the recent market rally.

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🆕 Binance Unveils AI-Powered Features for Enhanced User Experience 🚀 On September 8, Binance, the leading cryptocurrency exchange, launched a range of artificial intelligence (AI)-powered features aimed at improving user navigation in the dynamic digital asset market. The new tools include the AI token report, AI token narrative, and Token sentiment signal, which are accessible on both the Binance exchange and the self-custody Binance wallet. 📈 In a statement, Binance acknowledged the challenges crypto traders face in managing the constant influx of market data and sentiment.

Users face the daunting task of navigating vast amounts of information and conflicting sources,

said Jeff Li, vice president of product at Binance. He emphasized the importance of clarity, speed, and confidence in the trading environment. ⏱️ The AI token report feature provides a brief overview of a token's market outlook in under 30 seconds, updated hourly. It includes positive indicators, risk assessments, and community sentiment, utilizing spot trading data and whale activity for analysis. 📊 Users of the Binance wallet can also access enhanced sentiment signals and smart money signals. Sentiment signals indicate bullish or bearish trends based on real-time social media activity, while smart money signals offer insights into a token's narrative and market momentum by aggregating social media posts and news. 🔗 These new tools build on AI capabilities introduced in Binance's redesigned app earlier this year and reflect the company's strategy to integrate machine learning across its ecosystem.

📈 Robinhood Joins S&P 500; Strategy Excluded Despite Eligibility 👉 On September 5, S&P Dow Jones Indices announced that Robinhood Markets, Applovin, and Emcor Group will be added to the S&P 500 index on September 22. They will replace Marketaxess Holdings, Caesars Entertainment, and Enphase Energy as part of the quarterly rebalancing process. The aim is to maintain the index's alignment with the market capitalization and sector representation of large-cap U.S. equities. ❌ Strategy, despite meeting the criteria for inclusion, was not selected. This decision has raised eyebrows among analysts. Bloomberg’s ETF analyst James Seyffart remarked on social media,

The index committee has full discretion to add and remove names as they see fit.

Another Bloomberg analyst Eric Balchunas questioned the exclusion, stating,

Why wasn’t MSTR allowed into the S&P 500 Index despite meeting all the criteria? Because the ‘Committee’ said no. You have to realize SPX is essentially an active fund run by a secret committee.

💱 Among the new additions, only Robinhood has a significant crypto business, allowing users to buy, sell, and hold various cryptocurrencies. Applovin focuses on mobile technology for app developers, while Emcor Group specializes in construction and infrastructure services. 🔗 It's worth noting that other crypto-related companies like Coinbase and Block have previously been included in the S&P 500. This indicates that exposure to digital assets does not automatically disqualify a firm from being added to the index. The decision to exclude Strategy, despite its eligibility, underscores the discretionary power of the index committee in determining the final composition of the benchmark.

💰 Ether Machine Secures $654 Million for Nasdaq Listing 🔒 Ether Machine has secured a significant $654 million in a private funding round as it prepares for a planned listing on Nasdaq later this year. The company revealed this investment to Reuters, highlighting its strategic move towards going public. 💼 The financing includes 150,000 ether (ETH) from Jeffrey Berns, a long-time advocate for ether and the founder and CEO of Blockchains, a technology firm specializing in blockchain. Ether Machine stated that the ETH will be transferred to its wallet later this week. Additionally, as part of the agreement, Berns will join the company’s board of directors. 📊 Currently, Ether Machine holds 345,400 ether valued at approximately $1.49 billion. Andrew Keys, the company’s co-founder and chairman, announced on X,

Proud to announce [The Ether Machine (ETHM)] raised an additional $654M worth 150,000 ETH in August.

He also mentioned that fundraising efforts are ongoing with a Nasdaq listing expected to close in the next quarter. 🏦 Keys confirmed to Reuters that Citibank will lead a third capital-raising round of at least $500 million starting Wednesday. Once public, Ether Machine is projected to hold over 495,362 ether worth more than $2 billion. 📉 Despite this substantial reserve, Ether Machine will still trail behind the top public holders in the market. Bitmine leads with 1.8 million ETH valued at $7.7 billion, followed by Sharplink with 797,700 ETH worth $3.43 billion. However, Sharplink recently announced an increase in its holdings to 837,230 ETH after acquiring an additional 39,008 ETH earlier today.

🪙 California Governor Gavin Newsom to Launch 'Trump Corruption Coin' as Political Satire 🗣 California Governor Gavin Newsom has announced plans to launch a satirical meme coin called the 'Trump Corruption Coin.' This initiative, discussed during a podcast interview with journalist Kara Swisher, aims to mock President Donald Trump's crypto ventures and ethical issues. Newsom stated,

This is one of the great grifters of our time. You know what, Donald, we’ll see how your coin does versus ours.

📌 The idea for the coin emerged around August 27, 2025, but it has not yet been launched. Newsom initially considered naming it the 'Smelt' coin before opting for 'Trump Corruption Coin' to emphasize his critique. He described the project as a political commentary rather than an investment opportunity, highlighting what he perceives as crony capitalism associated with Trump’s family and foreign trips. 💬 Newsom's approach aligns with his increasing use of meme-driven messaging on social media platforms like X (formerly Twitter). The concept of the coin complements merchandise in his 'Patriot Store', where satire plays a central role.

While details such as a contract address, network, supply, or distribution were not provided,

it was clear that the project is intended to provoke thought rather than serve as a financial product. 📊 Reactions to Newsom's announcement have been mixed. Some applaud the trolling aspect, while others express skepticism about blurring the lines between politics and cryptocurrency. Concerns have been raised about whether a parody coin could confuse buyers or obscure the distinction between satire and financial offerings. 📌 If launched, the 'Trump Corruption Coin' would represent another intersection of meme culture and political messaging in modern campaigns. Digital tokens are increasingly being used as tools for communication rather than just speculative assets. However, the PolitiFi scene is dwindling, with only a few politically themed meme tokens like TRUMP, MELANIA, and PEOPLE maintaining any significant presence.

⚠️ XRP Potentially ‘Very Negative,’ Peter Brandt Says Amid Crypto Market Crash 📢 👉 Read more

⚠️ Monero's Response to Qubic Mining Pool Concerns: Advancements in FCMP Upgrade 🔄 Following concerns about a potential 51% attack by the Qubic mining pool, Monero announced on August 26 that the development of its Full-Chain Membership Proofs (FCMP) upgrade is progressing rapidly, with a testnet launch anticipated soon. This upgrade is seen as a significant technical advancement aimed at addressing a long-standing vulnerability in Monero's privacy model. ➡️ A key feature of the upgrade is its ability to generate zero-knowledge proofs, allowing users to verify a transaction's validity without disclosing identities or transaction amounts. Additionally, it will significantly reduce the time required for XMR transactions with multiple inputs to generate cryptographic proofs, decreasing the process from over 5 minutes to just 1 minute. 🛠 Monero developers have also been refining the codebase by removing redundant and duplicate code to enhance maintainability and reduce susceptibility to bugs. Recent updates from the Monero Research Lab indicate that developers have fixed bugs and improved cross-language compatibility by cleaning up the foreign function interface (FFI). 🔍 Monero's announcement regarding the progress of FCMP seems to be a direct effort to reassure supporters and address the vulnerabilities that prompted the Qubic mining pool's pursuit of a 51% attack. Reports suggest that Monero is leveraging elements of Dash's technology stack as part of a strategic move to counter Qubic. 📉 While there is no consensus on whether Qubic successfully achieved a 51% attack, market data indicates that the broader crypto community was never fully convinced that the mining pool had accounted for more than half of Monero's hashrate. Although the claim led to a brief sell-off that saw XMR dip to just above $233 on August 16, the privacy coin quickly recovered and has been trading above $250 since then. 💬 The Qubic 51% attack claim has reignited a debate within the crypto community about the importance of transparency and verification in the blockchain ecosystem. Joel Valenzuela, a core member of Dash DAO, described the Qubic attempt as a "fascinating experiment" that should raise concerns for ASIC-resistant chains. He warned that "much better-funded and more determined actors could cause so much more chaos," highlighting the potential threat to proof-of-work systems.

📈 Surge in XRP ETF Filings Signals Potential Regulatory Approval 🚀 A recent surge in XRP exchange-traded fund (ETF) filings has sparked optimism among investors, suggesting that regulatory approval from the U.S. Securities and Exchange Commission (SEC) may be imminent. On August 22, 2025, several issuers, including Canary, Coinshares, Franklin, 21Shares, Wisdomtree, and Bitwise, submitted their initial amended S-1 filings. This coordinated effort is seen as a response to ongoing SEC engagement.

Almost certainly due to feedback from SEC. Good sign, but also mostly expected,

remarked Bloomberg ETF analyst James Seyffart on social media. Nate Geraci, president of Novadius Wealth Management, also noted the significance of this clustering of filings, stating,

Very good sign IMO.

➡️ The simultaneous timing of these submissions indicates active dialogue between the SEC and the applicants. Ripple CEO Brad Garlinghouse has consistently maintained that an XRP ETF is “inevitable.” Supporting this perspective, Bloomberg ETF analysts Eric Balchunas and Seyffart recently increased their estimate of approval probability to 95% due to constructive discussions between the SEC and fund sponsors. 💡 This growing confidence reflects a shift in sentiment within the crypto community regarding institutional access to XRP, despite the regulatory caution that still surrounds the market. The recent filings represent a significant step forward in the ongoing quest for regulatory clarity in the cryptocurrency space.

👉 Gemini Secures MiCA License for European Expansion 🚀 Gemini has obtained its MiCA (Markets in Crypto Assets) license from the Malta Financial Services Authority (MFSA), allowing it to expand its regulated operations across Europe. This approval enables the company to provide secure cryptocurrency services in all 30 European countries, significantly broadening its market reach. 📌 The MiCA regulatory framework aims to harmonize crypto laws across EU member states, promoting a sustainable crypto ecosystem in the region. In addition to the MiCA license, Gemini also received its Investment Firm license to offer derivatives under MiFID II in May. This positions the company as a fully compliant crypto trading venue within the EU. 📈 Recently, Gemini launched tokenized stocks in the region and plans to introduce new products and services for both retail and institutional customers, including derivatives. The company emphasizes its commitment to regulatory compliance as crucial for global crypto adoption and recognizes Europe as a leader in innovative regulatory practices.

🌍 Thailand Launches Crypto-to-Baht Conversion System for Tourists 🗓 On August 18, Thailand's Securities and Exchange Commission (SEC), alongside various government bodies, unveiled the "TouristDigiPay" initiative. This 18-month pilot program allows foreign tourists to convert their digital assets (DA) into Thai baht for local expenditures. The goal is to integrate DA trading under SEC regulation with the e-money framework managed by the Bank of Thailand (BOT). 💳 Authorized digital asset exchanges and brokers can partner with BOT-regulated e-money providers. Upon arrival, tourists must undergo Know Your Customer (KYC) verification and set up wallets. They can then transfer and sell their DA, receive baht in e-wallets, and make payments via QR codes. However, there are spending limits: 50,000 baht per month for small retailers and 500,000 baht (about $15,384) for larger merchants that complete Know Your Merchant (KYM) checks.

Under the TouristDigiPay sandbox, foreign tourists can make payments by scanning (e.g., via smartphone applications) at various merchants across Thailand, including both large-sized retailers and small vendors. Importantly, DA are not allowed to be used directly as a means of payment for goods and services, and merchants will receive payments in Thai baht.

📢 Mrs. Pornanong Budsaratragoon, SEC Secretary-General, highlighted the program's regulatory framework:

The TouristDigiPay project builds upon the existing ecosystem that integrates the DA trading system regulated by the SEC with the e-money system regulated by the Bank of Thailand (BOT).

She emphasized that the system adheres to AMLO's standards for KYC and Customer Due Diligence (CDD). Proponents of digital assets argue that such structured approaches can legitimize crypto usage while boosting tourism and economic activity.

📉 Bitcoin's Resilience Amid Market Fluctuations 📊 Despite a dip below $117K following higher-than-expected U.S. wholesale inflation data, institutional interest in bitcoin remains strong. Notably, the Norwegian Government Pension Fund Global (GPFG), valued at nearly $2 trillion, continues to seek exposure to the cryptocurrency. Since 2020, GPFG has opted for indirect investments in bitcoin by acquiring shares in companies like MicroStrategy (MSTR) rather than purchasing the digital asset directly. 📈 By the end of 2024, GPFG had invested over $500 million in MSTR and held stakes in other crypto-related firms such as Coinbase. Recent 13F filings with the U.S. Securities and Exchange Commission (SEC) revealed that GPFG reported holdings equivalent to 11,400 BTC, marking an 83% increase from the previous quarter.

“The most interesting detail, by far, this time was Norges buying of MSTR and Metaplanet,”

said Geoffrey Kendrick, head of digital assets research at Standard Chartered. He noted that while Norges primarily relies on MSTR for bitcoin exposure, it also holds a small position in Metaplanet, a Japanese hotel developer turned bitcoin treasury firm. 📉 At the time of writing, bitcoin was trading at $117,251.98, down slightly by 0.46% since Thursday but up 0.84% over the past week. Trading volume had decreased significantly to $74.06 billion, a drop of 31.39%, while market capitalization dipped 0.28% to $2.33 trillion. Despite these fluctuations, bitcoin's dominance in the market increased to 59.87%, indicating that altcoins are underperforming compared to the leading cryptocurrency.

Long liquidations came in at $50.45 million, and short liquidations were $6.54 million, for a grand total of $56.99 million in leveraged bets wiped out.

⚠️ Bitcoin's Hashrate Hits Record High Before Cooling Down 📉 Four days ago, Bitcoin's hashrate reached an unprecedented peak of 976 exahash per second (EH/s), but it has since decreased to around 900 EH/s. This drop of 76 EH/s coincides with a 1.42% increase in mining difficulty at block height 909216.

At that time, the estimated hashprice was $57.30 per PH/s, and today it’s 2.55% higher at $58.76,

according to hashrateindex stats. Despite yesterday's surge in BTC prices past the $120,000 mark, which pushed the hashprice up to $59.78 per petahash, current revenue remains 4.72% below the July 14 peak of $61.67. ⏳ With the recent decrease in hashrate, block intervals have extended beyond the target of 10 minutes, averaging 11 minutes and 4 seconds as of Tuesday afternoon. This slowdown may lead to a downward adjustment in mining difficulty during the next retarget on August 24, 2025.

A softer difficulty setting would ease pressure and could entice sidelined rigs back online, stabilizing block cadence.

Currently, the five leading mining pools—Foundry, Antpool, Viabtc, F2pool, and Spider Pool—together control 78.39% of the total hashrate.

🚀 Bridging the Knowledge Gap: The Key to Crypto's Mass Adoption 🗣 Ripple's chief legal officer, Stuart Alderoty, emphasized in a recent Fast Company article that the biggest obstacle to cryptocurrency's next growth phase is not market volatility or fraud cases, but rather a lack of public understanding. He referenced the NCA’s 2025 Crypto Confidence Pulse survey, which revealed that nearly 90% of Americans without digital assets feel uninformed about crypto, with 49% citing this as their main reason for not participating in the market. 📊 The survey categorized non-holders into five profiles: Curious, Trendwatchers, Skeptics, Traditionalists, and Cautious. Each group has different motivations and concerns regarding crypto. For instance, Curious individuals are already discussing crypto and 42% are likely to buy this year, while Skeptics demand safety guarantees and oversight. 🔍 Alderoty stressed the importance of tailored education for these audiences. This could include practical guidance on wallet setup, examples of real-world merchant adoption, and policy-driven assurances. He noted that security concerns remain significant, with 43% of respondents worried about safety and 36% distrusting platforms.

Crypto has long been misperceived as a ‘trustless’ system. But in reality, its adoption hinges on trust: People need to understand the technology before they can trust it—and they need someone they trust to help educate them.

❗️ Alderoty argued that resolving these issues requires more than just technology. He advocated for coordinated regulatory frameworks developed alongside the industry to provide clarity without stifling innovation. By bridging the knowledge gap with transparent, audience-specific education, advocates believe that hesitation can be transformed into broader adoption, making crypto a more inclusive financial tool.

⚖️ Ripple's Legal Chief Warns Senate Crypto Bill Could Create Regulatory Chaos 🚨 Stuart Alderoty, Ripple's chief legal officer, expressed serious concerns about a draft cryptocurrency bill from the U.S. Senate Committee on Banking, Housing, and Urban Affairs. In a letter dated August 5, he criticized the proposed legislation for failing to provide regulatory clarity for the digital asset industry.

The draft creates more ambiguity than clarity for the industry in its attempt to delineate SEC jurisdiction over digital assets,

Alderoty stated. He argued that the bill would increase confusion by placing most tokens and projects under the control of the SEC even when their activities do not fall within the SEC's traditional scope. ⚠️ One major concern raised by Alderoty was the definition of "ancillary assets." He warned that this could imply that any token previously sold through an investment contract could remain under SEC jurisdiction indefinitely. This approach, he argued, overlooks the current utility and trading conditions of established assets like Ethereum, Solana, and XRP.

This approach could subject long-established, widely traded tokens operating on open and permissionless networks—including ETH, SOL, and XRP—to perpetual SEC oversight,

he cautioned. 📌 Ripple also opposed the continued use of the Howey test without clear congressional guidelines, describing it as "a tool of limitless discretion" due to its historical misuse. Alderoty urged Congress to establish specific statutory criteria to prevent subjective interpretations and ensure accountability. ↪️ He recommended several structural reforms, including a grandfathering exemption for long-traded tokens and clear protections for activities like staking and consensus operations. He also called for federal preemption of inconsistent state laws in key areas of digital asset oversight to promote national consistency and support innovation.