The cryptocurrency community is abuzz following Jesse Powell’s endorsements of Brian Brooks, the former acting US Comptroller of the Currency, as a viable candidate for the role of Chair of the Securities and Exchange Commission (SEC). In a recent post, Powell praised Brooks for his comprehensive knowledge not only in the realm of cryptocurrency but
Regulation
In a move that blends technology and defense, Major Jason Lowery of the U.S. Space Force has expressed a keen interest in shaping national security strategy through his application to serve as a military advisor on the National Security Council (NSC) and the White House Office of Science & Technology Policy (OSTP). This initiative marks
The recent electoral victory of Donald Trump has set the stage for significant changes in the landscape of cryptocurrency enforcement in the United States. Promising to recalibrate regulatory priorities, Trump’s administration is poised to direct its focus away from stringent cryptocurrency regulations and fraud enforcement. This shift arises from a strategic reallocation of government resources
Recent commentary from Tyler Winklevoss, the co-founder of the cryptocurrency exchange Gemini and a former Olympic rower, has rekindled the contentious debate surrounding Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC). In a fervent post on X (formerly Twitter), Winklevoss made a striking assertion: Gensler’s actions are not mere “good faith
The legal landscape surrounding cryptocurrency in the United States is undergoing a significant transformation. As the U.S. Attorney’s Office in Manhattan announces a reduction in its focus on prosecuting crypto-related crimes, industry stakeholders are left to ponder the implications of this reevaluation. This decision comes on the heels of several high-profile cases, most notably the
The Hong Kong Monetary Authority (HKMA) recently issued a critical alert urging the public to exercise caution regarding foreign cryptocurrency firms that misrepresent themselves as banks. This warning, released on November 15, highlights an emerging trend where certain overseas crypto entities are using banking terminology to build trust among users in Hong Kong. Such practices
Recently, former Commodity Futures Trading Commission (CFTC) Chair Christopher Giancarlo made headlines by quelling rumors surrounding potential appointments to key regulatory positions, specifically the U.S. Securities and Exchange Commission (SEC) Chair and a crypto-related role at the U.S. Treasury Department. Giancarlo, whose tenure at CFTC was marked by an openness to cryptocurrency, vehemently denied any
In recent communications, the Digital Chamber of Commerce has raised pressing concerns regarding the current ban on federal employees owning cryptocurrencies. Their letter, directed at the Acting Director of the Office of Government Ethics, Shelley Finlayson, urges a reconsideration of regulations established in 2022 that completely restrict federal workers from participating in the digital asset
In recent discussions about the future of cryptocurrency, Hashkey Group CEO Xiao Feng has claimed that the outcome of the upcoming US elections may significantly impact China’s stance on digital assets. According to Feng, a pro-crypto administration under Donald Trump could catalyze a notable shift in China’s historically stringent regulations surrounding cryptocurrencies like Bitcoin (BTC).
In a surprising turn of events, U.S. President-elect Donald Trump has unveiled a new initiative designed to tackle government inefficiencies head-on. By appointing tech entrepreneur Elon Musk and former Republican presidential candidate Vivek Ramaswamy to lead the Department of Government Efficiency (DOGE), Trump aims to streamline federal operations and cut down on excessive bureaucratic red
