Joseph Rees

52% Support, 70% Say US Should Have Passed Crypto Legislation

Key Takeaways Harrisx found 52% of voters support the CLARITY Act after reviewing a policy summary of the bill. Concerns about offshore crypto exchanges increased support for federal oversight, consumer protections, and U.S. financial leadership. Cryptocurrency regulation could influence 2026 midterm voting decisions, particularly among crypto owners and independents. Voters Link Crypto Rules to U.S….

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Fed Survey Shows AI Concerns Rising Across Markets, Credit and Jobs

Key Takeaways Artificial intelligence ranked among the most-cited risks in the Fed’s latest financial stability survey. Debt-funded AI spending could increase leverage across companies, lenders, and funding markets. Private credit and labor pressures may widen AI’s impact if market expectations weaken. AI Moves Into the Fed’s Financial Stability Risk Debate The Federal Reserve released its…

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Gustavo Petro Warns Fossil-Fueled Crypto Mining Will Trigger ‘Climate Collapse’

Key Takeaways Colombia’s Gustavo Petro warned that fossil-fueled Bitcoin mining risks global climate collapse. Paraguay holds the 4th largest global hashrate, while Venezuela’s 9-year peak energy crisis halted mining. Petro wants 3 Caribbean cities to mine Bitcoin, though the 2026 Hashrate Index report omits Colombia. President Petro Highlights Venezuelan and Paraguayan Potential For Energy Mining…

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90% of Peru’s $28 Billion Crypto Market Is Now Driven by Stablecoins

Key Takeaways Binance’s Daniel Acosta notes 90% of Peru’s $28B annual crypto volume now involves dollar-pegged stablecoins. Lemon reports Peru hit the top 6 crypto economies in 2025, with stablecoins cutting remittance costs significantly. Next, Acosta predicts institutions will seamlessly adopt crypto, offering a new alternative to legacy banks. Stablecoins Dominate 90% of Peru’s Crypto…

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Ripple’s RLUSD Grant Results Show How $25M Reached US Classrooms

Key Takeaways Ripple delivered most education funding in RLUSD, supporting classrooms through major nonprofit partnerships. DonorsChoose funded 48,108 projects, with most serving schools in low-income communities. Teach For America expanded stipends, tutoring, and blockchain education for students nationwide. Ripple’s RLUSD Grant Shows One-Year Stablecoin Impact Ripple published an insight on May 7 detailing how its…

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