🇺🇸 JUST IN: White House official Patrick Witt pushes back on Jamie Dimon's stance, arguing stablecoins are not deposits. He adds the GENIUS Act already prohibits the lending practices that would require bank-like regulation.

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UPDATE: #Cardano $ADA Founder Charles Hoskinson says "Midnight is a partner chain, kinda like LayerZero, a metachain above all these other chains. The goal of $NIGHT is to be the ChatGPT of privacy, abstraction, and smart compliance."

UPDATE: #Cardano $ADA Founder Charles Hoskinson says "technologies like Midnight, we're focused a lot on how to bring a particular blend of things that've been historically problematic to everyone, and bring compliance to people without sacrificing blockchain principles." $NIGHT

UPDATE: #Cardano $ADA Founder Charles Hoskinson explains the need for visualizing privacy-enhancing technology, says "the other thing we're trying to solve, is if we do a really good job with the privacy system, everything's invisible, so what does $NIGHT look like?"