Dogecoin Soars as Elon Musk's Twitter Deal Nears Completion: Popular meme coin dogecoin (DOGE) was up nearly 16% over the past 24 hours as Elon Musk's $44 billion Twitter deal is supposed to close on Friday. Billionaire Quant Trader Donated a Record $1.9M of Bitcoin to a Super PAC: Jeffrey Yass, co-founder of trading giant Susquehanna International Group, gave 100 bitcoin, worth more than $1.9 million, to a crypto-supporting super PAC. This is the largest political donation in crypto recorded by the Federal Election Commission. - David McIntosh, president of Club for Growth Action, which is linked to the Crypto Freedom PAC, said the organization backs pro-crypto candidates.
UK Stablecoin Rules Approved by Lawmaker Committee: U.K. lawmakers agreed on new rules for stablecoins on Thursday. This comes as the government plans to discuss further crypto regulations and a digital pound in the coming weeks. - The bill also gives the U.K. Treasury powers to extend the regulatory net beyond stablecoins, if Parliament consents.
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