Thousands of crypto folks just swarmed Canada to chat about all things crypto. The event, hosted by CoinDesk, called Consensus conference, took place in Toronto this week. And let me tell you, it was one heck of a busy week.
What Went Down
The White House official, Bo Hines, spilled the beans about the event. He mentioned how the Senate was deep in talks about their stablecoin bill, while also keeping an eye on other legislation and court proceedings. Not really sure why this matters, but it seems like a big deal to the crypto community.
Why You Should Care
CoinDesk covered a lot of ground during the event. From New York Finance Watchdog praising BitLicense to Eric Trump getting into crypto, there was a lot to digest. Oh, and let’s not forget about Trump still planning to sign crypto legislation by August. Maybe it’s just me, but it seems like the crypto world is buzzing with activity.
What You Missed
Coinbase faced a cybersecurity breach, promising to reimburse affected customers up to $400 million. Movement Labs made some shady promises to advisers, and French Minister stepped up security measures for crypto professionals facing kidnappings. The U.S. Senate’s stablecoin bill is making waves, with a cloture vote scheduled for Monday. And let’s not forget about the DOJ charging 12 people with a $263 million crypto theft linked to Genesis creditor. Phew, that’s a lot to take in.
Wrapping Up
All in all, the Consensus conference in Toronto was a whirlwind of crypto chatter and discussions. With so much happening in the crypto world, it’s hard to keep up. But hey, that’s what makes it all so exciting, right? Until next time, stay tuned for more crypto updates and developments.
