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Here's What U.S. Presidential Candidates Are Saying About Crypto
With the 2024 U.S. presidential election less than a year away, candidates Vivek Ramaswamy, Rep. Dean Phillips (D-Minn.) and former Arkansas Gov. Asa Hutchinson spoke at the first bipartisan crypto presidential candidate forum organized by the Stand with Crypto Alliance at St. Anselm College in Manchester, NH. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the highlights.

Bitcoin Below $42K After Posting Worst Daily Drawdown Since August
Bitcoin (BTC) is trading under $42,000, after suffering its steepest daily drawdown in almost four months on Monday. The decline wiped out over $520 million in leveraged trading positions on the crypto derivatives market, predominantly longs betting on rising prices, CoinGlass data shows. WonderFi CEO and President Dean Skurka shares his crypto market expectations for 2024.

Binance’s Market Share of Crypto Trading Fell to 30% This Year: CCData
According to numbers provided by CCData, Binance's market share so far in December was just 30.1% versus 55% at the start of the year. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Rep. Dean Phillips Says Crypto and AI Innovation Should Not Be Stifled
Rep. Dean Phillips (D-Minn.) joins the first bipartisan crypto presidential candidate forum organized by the Stand with Crypto Alliance at St. Anselm College in Manchester, NH. Rep. Phillips breaks down his outlook on the state of crypto and artificial intelligence (AI) regulation in the U.S. "We should make sure we don't stifle innovation," Phillips said.

'There's More Transparency' in Crypto Than TradFi: Former Arkansas Gov. Hutchinson
Former Arkansas Governor Asa Hutchinson joins the first bipartisan crypto presidential candidate forum organized by the Stand with Crypto Alliance at St. Anselm College in Manchester, NH. "There's more transparency, actually, in the crypto market than there is in...traditional financing," Hutchinson said. The transparency makes crypto a "less attractive venue for terrorist or criminal organizations to participate in."

Vivek Ramaswamy Discusses Crypto Policy Changes If Elected President
Republican presidential candidate Vivek Ramaswamy joins the first bipartisan crypto presidential forum organized by the Stand with Crypto Alliance at St. Anselm College in Manchester, NH. Ramaswamy shares insights on what he would do differently if elected as U.S. president when it comes to policies that would shape the digital asset sector.

Bitcoin Starts Trading Week in the Red; Tether Freezes 41 Crypto Wallets Tied to Sanctions
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest stories shaping the crypto industry today, including bitcoin (BTC) and ether (ETH) leading in liquidation heatmap with over $335 million in rekt positions in the last 12 hours. Stablecoin issuer Tether froze 41 wallets controlled by people on the Office of Foreign Assets Control's (OFAC) Specially Designated Nationals (SDN) List. And, Pudgy Penguins are marching into a new industry.

El Salvador Targets Bitcoin Millionaires in New Push to Attract Long-Term Residents
El Salvador kickstarted its "Freedom VISA" program last week, with plans to distribute residency to a maximum of 1,000 people per year who invest at least $1 million worth of bitcoin or tether (USDT) stablecoins. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Ledger Didn't See Sales Uptick Significantly Following Binance's $4.3B Fine, CEO Says
As a part of CoinDesk's Most Influential 2023, Ledger CEO and Chairman Pascal Gauthier discusses whether crypto hard wallets saw a significant uptick in sales after Binance founder Changpeng "CZ" Zhao pleaded guilty to one charge of violating the Bank Secrecy Act last month and the crypto exchange paid a $4.3 billion fine to settle the allegations. Plus, insights into Ledger's sales following FTX's implosion.

What India's Controversial Crypto Tax Means for Investors
India introduced a 30% tax on crypto profits and the 1% TDS on all transactions in July, 2022, resulting in traffic taking a nosedive and many exchanges going into survival mode. CoinDCX CEO Sumit Gupta discusses the controversial crypto policy and the subsequent impact for crypto veterans and beginner investors alike.
