COINDESK DAILY: Trump's Official Republican Platform Backs Up Crypto; World Chain Opens to Developers

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CoinDesk

Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 9 July 2024

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

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Summary

Host Jennifer Sanasie breaks down the news in the crypto industry from the Republican Party's stance on crypto to World Chain opening for developers. To get the show every day, follow the podcast here. "CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as former President Donald Trump's Republican Party has officially adopted a platform that would seek to support crypto innovation. Plus, World Chain is open for developers to use, and a JPMorgan report breaks down the performance of stablecoins and bitcoin miners amid crypto market turmoil. - This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:51.4	Former President Donald Trump's Republican Party has officially adopted a platform that would seek to support crypto innovation.
0:57.8	The document released Monday by the Republican National Committee wrote, quote, Republicans will end Democrats on lawful and un-American crypto crackdown, end quote.
1:07.0	Former President Trump's party is also committed to opposing a central bank digital currency, as Republicans have accused Democrats of pushing for CBDCs that will allow greater financial surveillance of U.S. citizens.
1:18.6	The developer firm behind the WorldCoin Protocol shared on Tuesday that its upcoming layer 2 chain world chain is open for developers to use.
1:25.6	This means that select developers can apply to build,
1:28.7	test and give feedback to tools for humanity. That's according to a press release shared with
1:33.4	CoinDesk, WorldChane has tapped Optimism's OP stack, a customizable toolkit that lets
1:38.0	developers build their own blockchains using Optimism's technology to build out its own network.
1:43.5	World Chain is expected to open to users later this summer.
1:47.6	And according to a research report from J.P. Morgan, cryptocurrency's total market cap fell by 8%
1:52.1	in the month of June to around $2.25 trillion, giving back most of the gains from May.
1:58.0	Spot Bitcoin ETFs have also seen their second worst month since launch with
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