Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. Gemini Boycotts MIT Over Gensler: Gemini CEO Tyler Winklevoss announced the exchange will not hire MIT graduates while former SEC Chair Gary Gensler remains a professor.

2. Coinbase Strengthens Ties With Trump: Coinbase has appointed Chris LaCivita, Trump’s former co-campaign manager, to its Global Advisory Council.

3. 💡Feature of the Day - Trump Media Expands Into Crypto: Trump Media & Technology Group (TMTG) is launching Truth.Fi, a financial and crypto platform in partnership with Charles Schwab.

All this and more in today’s headlines!

📰 News Highlights:

Gemini Boycotts MIT Grads [Source][Source][Source][Source][Source]

Gemini CEO Tyler Winklevoss declared that the exchange will not hire MIT graduates as long as the university retains former SEC Chair Gary Gensler as a professor.

This decision stems from Gemini’s long-standing feud with the SEC, particularly regarding its $21 million settlement over unregistered securities.

Winklevoss claims that Gensler’s regulatory actions have severely harmed the crypto industry, prompting calls for a broader boycott of MIT-affiliated hires.

However, some industry figures argue that punishing students for the university’s choices is excessive.

While some industry leaders support Gemini’s move, others believe targeting Gensler’s specific students would be a more strategic approach.

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Coinbase Strengthens Trump Ties [Source][Source][Source]

Coinbase has appointed Chris LaCivita, former co-campaign manager for President Trump, to its Global Advisory Council as part of its push for crypto-friendly regulation.

LaCivita joins other political and financial heavyweights, including ex-Senator Kyrsten Sinema and former New York Fed President Bill Dudley.

Coinbase has actively engaged in US elections, contributing $45 million to pro-crypto candidates and seeking favorable regulatory changes.

💡 Feature of the Day: 

Trump Media Enters Crypto Finance [Source][Source][Source]

Trump Media and Technology Group (TMTG) is expanding into financial services and crypto under the brand Truth.Fi, in partnership with Charles Schwab.

The platform will offer customized ETFs, managed accounts, and crypto-related services, positioning itself as a free speech alternative to Big Tech.

TMTG CEO Devin Nunes claims this expansion will protect users from being "debanked" while enhancing financial freedom.

While Ethereum co-founder Joe Lubin suggests Trump may build businesses on Ethereum, no official confirmation has been made.

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And that’s it for this today.

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See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com