Montana Senator Steve Daines expressed support for Chainlink ahead of its Link event in New York City on October 29, highlighting the growing importance of blockchain technology. Daines recently introduced the ADAPT Act with other senators to clarify and simplify crypto tax rules in the U.S., aiming to reduce complexity for taxpayers and businesses. Chainlink has been expanding its institutional partnerships, including launching CustodySync with Anchorage Digital Bank and collaborating with the Hong Kong Gold Exchange to use its cross-chain technology for a gold-backed token. The Link event will gather financial leaders and policymakers to discuss digital assets and blockchain innovations in traditional finance.
Chainlink's recent Senate support and upcoming Link event provide context for digital asset interest. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Oct 29, 2026 17:53 WIB: out of 50 major cryptocurrencies, 7 rose and 42 fell. Notably, Basic Attention Token (BAT) traded at Rp2.522 with a 1-day change of -7.89%, and Bitcoin Cash (BCH) was priced at Rp5.114.233 with a 1-day change of -6.65%.
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