The U.S. has become the dominant force in Bitcoin mining, now hosting 80% of the global hash rate. This shift is largely due to escalating tariffs and trade tensions with China, which have made mining in the U.S. more economically viable. The Ethereum community is also buzzing with concerns over the Ethereum Foundation’s new advisory group, with the Uniswap founder voicing criticism. In the realm of stablecoins, Circle’s CEO has advocated for U.S. dollar-pegged stablecoins to be registered in the U.S., highlighting regulatory considerations. Politically, a U.S. Congressman has introduced the MEME Act, aiming to prevent officials from profiting off memecoins. Meanwhile, the Trump Organization is exploring opportunities in the metaverse and NFT trading platforms through new trademark filings. Lastly, El Salvador is pushing forward with open-source AI development, supported by new legislation to encourage innovation.
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