Kamala Harris Can’t ‘Give Crypto to Trump’; Bybit Pulls Services from France

What will Vice President Harris’ position be on cryptocurrencies and exits buy bit in france. You’re watching Coin Desk Daily. I’m your host, Jen Sani. How Vice President Kamala Harris should approach cryptocurrency policy. Now that former President Donald Trump has shown strong support for the industry. The Official Monetary and Financial Institutions Forum, an independent financial think tank, says Harris can’t afford to quote Trump’s seed cryptocurrency and quote. The organization said Louis, some cryptocurrency advocates, votes and donations from the Republican camp. The quote could carry significant weight in key battleground states and quote ahead of this year’s Democratic National Convention. Harris has not taken an official position on cryptocurrencies, but the quote signals a new openness. According to a report by Politico, the labor market softened in July, with the U.S. adding 100,000 and 14,000 jobs, below the expected 175,000 and down from 100,000 and 79,000 in June. The unemployment rate rose 4.3%, according to the Bureau of Labor Statistics, and there was no real reaction from Bitcoin to the news. While the reaction from traditional markets was much larger. The 10-year Treasury yield fell 15 basis points, and the two-year yield fell a full 23 basis points. Both were the lowest in over a year for stocks, with NASDAQ futures down 2.3% and the S&P 500 down just over 1.5%. According to CME Fed Watch, there is now a 70% chance of a 50-point cut from the Fed in September, up from just 22% a day ago. And the cryptocurrency exchange behind it said it would withdraw its services from France in response to the country’s regulations. The country’s financial regulator has issued a warning to remind citizens that the exchange has been blacklisted as of today. French users will no longer be able to purchase any products, buy it or add it to their positions. All deposits into French user accounts will be restricted. The company said in a statement that its main goal has always been to operate in accordance with relevant rules and regulations. That’s all for coin desk daily, get more updates at Coin desk.com and see you next time.