In this episode of CoinStreet, we dive into cryptocurrency and blockchain landscape. As the U.S. government approaches its fourth week of shutdown, lawmakers are set to meet with crypto executives to discuss the long-awaited crypto-to-market structure bill. This roundtable, hosted by Senate Democrats, will feature industry leaders from major companies like Coinbase, Kraken, Circle, and Ripple, aiming to create a comprehensive federal framework for digital assets.
We also highlight CleanSpark, the fifth largest Bitcoin mining company, which saw its shares soar by 13% following the announcement of its strategic expansion into artificial intelligence. With the appointment of Jeffrey Thomas as Senior Vice President of AI Data Centers, CleanSpark is looking to diversify its revenue streams and enhance its long-term cash flow potential.
In international news, Bolivian President-elect Rodrigo Paz is planning to combat government corruption through the use of blockchain technology. With a focus on public procurement, Paz aims to implement blockchain and smart contracts to improve transparency in governance. Additionally, we explore the concept of decentralized science and how it could revolutionize the way we handle neural data, ensuring that individuals maintain control over their information. Jane King has the latest from the NYSE.