GM Brew Crew, woke up this morning feeling like mid-summer bronzed beauties. Sun is shining and Vitamin D is flowing through our veins. Let’s dive in ⬇️

On the menu today:

• 🙅‍♂️ DESANTIS TO BAN CBDCs IF ELECTED

• 👏 EVERYDAY PURCHASES WITH GNOSIS WALLET

• 🧐 FINANCIAL STABILITY BOARD’S CRYPTO FRAMEWORK

Today’s Charts:

🙅‍♂️ DESANTIS TO BAN CBDCs IF ELECTED

On July 14th DeSantis spoke at the Family Leadership Summit and vowed to ban CBDCs in the U.S. if elected president.

Our Saturday piece spoke on community concerns re: "Britcoin," The UK's proposed version of a Central Bank Digital Currency. DeSantis has sided with the concerns in being non supportive of a CBDC class when saying:

“If I am the president, on day one, we will nix central bank digital currency. Done. Dead. Not happening in this country.”

Earlier this year DeSantis signed a bill in Florida to restrict CBDC usage in the state.

Presidential candidates are frequently incorporating more discussions about Bitcoin and CBDCs into their speeches, reflecting the surge in public interest (good and bad) surrounding these topics.

Below is a snippet of Ron’s discussion with Tucker Carlson on the matter ⬇️

👏 EVERYDAY PURCHASES WITH GNOSIS WALLET

Gnosis, a sidechain to Ethereum, introduces new product offerings that enable consumers to use stablecoins and Visa's payment system for online purchases.

The Gnosis Card operates as a debit card powered by Visa, directly linked to the user's on-chain account, and is specifically designed on the Gnosis Pay decentralized payment network.

In this scenario, user’s wallets, referred to as Safe wallets, function as bank accounts, and each Gnosis Card is associated with the user's corresponding Safe account.

The user experience is very familiar as it mirrors the conventional payment settlement process, but with the underlying utilization of cryptocurrencies.

Check out the thread below for more details ⬇️

🧐 FINANCIAL STABILITY BOARD’S CRYPTO FRAMEWORK

The Financial Stability Board (FSB) has finalized a global regulatory framework for cryptocurrencies and issued guidelines to the G20 economies.

Wtf is a G20 economy? G20 refers to the top 20 economies of the world, not a new assault rifle in Call of Duty 😆.

The FSB approached this framework for G20 economies based on the mindset of “same activity, same risk, same regulation.”

The recommendations are divided into two sets: one for regulating cryptocurrencies in general and another specifically for global stablecoins usable in multiple jurisdictions.

Crypto platforms must establish a clear separation between clients' digital assets and their own funds to prevent conflicts of interest. Additionally, regulators are responsible for ensuring strong cross-border cooperation and oversight.

Special Blend: Morning Meme Roast

As the CryptoBrew Daily comes to a close, we invite you to join us on Twitter for more crypto chat. Think of it as a chill gathering of like-minded folks, minus Chad talking about his 1-rep deadlift max and your tipsy uncle who always shares TMI stories. Let’s keep the crypto conversation going!

***DISCLAIMER: Please note that the information provided in this newsletter is for educational purposes only and is not intended to be construed as financial advice or a solicitation to buy or sell any assets. We urge you to exercise caution and conduct your own research before making any financial decisions.