Breaking: Visa joins forces with X payments!

Sen. Lummis has been appointed Chair of the Senate Banking Subcommittee on Digital Assets and is pushing for bipartisan legislation to establish a legal framework for digital assets and strengthen the U.S. dollar with a strategic Bitcoin reserve.

@SenLummis is calling for the U.S. to secure Bitcoin as a strategic asset, warning: “If you’re not first, you’re last.” She argues that leading in Bitcoin adoption is essential for America’s dominance in the 21st-century financial system.

Is the U.S. finally ready to embrace BTC at a national level?

The Senator stated in her X account: “Digital assets are the future, and if the United States wants to remain a global leader in financial innovation, Congress needs to urgently pass bipartisan legislation establishing a comprehensive legal framework for digital assets and that strengthens the U.S. dollar with a strategic bitcoin reserve. I am humbled my colleagues have placed their trust in me to chair this historic subcommittee and I look forward to shepherding bipartisan legislation to President Trump’s desk this year that secures our financial future.”

Source: @SenLummis (x account)

Our daily market update from The Parrot Press highlights the performance of leaders and laggards in the CoinDesk 20 Index.

The CoinDesk 20 is currently trading at 2616.04, down 4.5% (-123.93) since 4 p.m. ET on Thursday. None of the 20 assets are trading higher.

Leaders include BTC (-2.5%) and BCH (-3.6%), while laggards include POL (-8.3%) and SUI (-8.3%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

In a major disruption to air travel, Belgium’s air traffic control system experienced a complete computer meltdown today, grounding all flights at the country’s major airports, including Brussels, Antwerp, and Charleroi. The system failure, which was first detected at around 3:00 p.m. local time, forced immediate action to reroute all planes within Belgian airspace to neighboring countries, as the country’s control tower was rendered unable to coordinate air traffic.

Despite the severity of the situation, a backup system was activated to maintain safety measures and prevent accidents, though it has been confirmed that no flights are able to either take off or land at the affected airports. This has resulted in widespread chaos and confusion at the airports, with passengers facing delays, cancellations, and long wait times.

The outage is expected to continue for several hours as technicians work to restore the system. Authorities have advised travelers to monitor airline communications for updates on the status of their flights and any rerouting options.

As a precautionary measure, airspace over Belgium remains closed, and neighboring countries, including France, the Netherlands, and Germany, have been accommodating flights that would have typically passed through Belgian airspace. The incident is likely to cause ripple effects throughout the European airspace, with potential delays and rerouting at other hubs across the continent.

At this time, investigations are underway to determine the cause of the system failure. Aviation experts and officials are working to ensure that such an incident does not reoccur. While the situation remains fluid, Belgium’s airspace is expected to be reopened once the issues are fully resolved.

Source: Sudinfo