Altcoin News by Thebittimes.Com

With Bitcoin’s prominence in the ongoing presidential debate, entrepreneur Mark Cuban has recently discussed BTC and its potential as a global reserve asset. The Shark Tank star and former owner of the Dallas Mavericks noted that the leading cryptocurrency will be immensely important amid continued geopolitical unrest. Cuban discussed the increased support for Donald Trump from Silicon Valley entrepreneurs. Indeed, he called this pivot “a Bitcoin play.” In a post to X (formerly Twitter), he noted how Trump provides a clearer path to greater crypto regulation. Then, better price performances from the asset class. Source: Watcher.Guru Also Read: Mark Cuban Gets into Heated Debate With SEC Official Over Crypto Regulation Mark Cuban Reinforces Bitcoin’s Importance in Global Climate The crypto market has never been more important in politics. These assets have become a primary point of contention for the ongoing 2024 presidential election. Moreover, both candidates h...

Tesla CEO Elon Musk and Dallas Mavericks owner Mark Cuban have teamed up to voice their opposition against Securities and Exchange Commission (SEC) Chair Gary Gensler. Crypto YouTube channel Crypto Banter explained in an Oct. 19 livestream that, in an amicus brief filed this week, Musk and Cuban supported an overhaul of the SEC’s current use of administrative law judges in enforcement actions. The existing system allows the SEC to both bring cases and preside over them, denying defendants the right to a jury trial. Musk has a contentious history with the SEC. In 2018, he settled a lawsuit brought by the agency over his tweet about potentially taking Tesla private. As part of the settlement, Musk agreed to have his Tesla-related tweets pre-approved by the company. You might also like: SEC chairman Gensler confirms ongoing review of Bitcoin ETFs Earlier this year, Musk criticized the SEC, saying “I do not respect the SEC. I do not respect them.” Cuban als...