Gary Gensler hints at resignation as SEC Chair, reflecting on regulatory achievements and enforcement in markets and crypto.
The post Gary Gensler releases statement hinting at resignation as SEC Chair appeared first on Crypto Briefing.
Former Commodity Futures Trading Commission (CFTC) Chair Christopher Giancarlo denied rumors about being considered as the next Chair of the US Securities and Exchange Commission (SEC). He also denied the rumors about being interested in a crypto-related role within the US Treasury Department, adding: “I’ve made clear that I’ve already cleaned up earlier Gary Gensler […]
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The proposed legislation would allow the State of Pennsylvania’s Treasurer to invest up to 10% of its funds in Bitcoin, suggesting a multibillion-dollar investment.
Gary Gensler did not say he would leave the SEC before Donald Trump took office but pointed to the commission’s record on crypto enforcement and approving ETFs.
Pennsylvania’s legislature has introduced landmark legislation for establishing a Bitcoin reserve, positioning the state at the forefront of digital asset policy in the United States. The bill, led by Representative Mike Cabell, enables the state to allocate a portion of its reserves exclusively to Bitcoin as a strategic hedge against inflation and an asset to […]
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The Digital Chamber of Commerce has urged the US Office of Government Ethics to reconsider prohibiting federal employees from holding crypto. In a Nov. 13 letter to Acting Director Shelley Finlayson, the blockchain advocacy group proposed that the Ethics Office allow federal employees to own a small, limited amount of digital assets. Under current regulations […]
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Hashkey Group CEO Xiao Feng believes a pro-crypto Trump administration could pressure China to relax its stance on Bitcoin (BTC) and other digital assets. In an interview with the South China Morning Post, Feng expressed his confidence that China’s crypto market will eventually open up, particularly if President Donald Trump and the US Congress adopt […]
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Robinhood expanded its crypto offerings for US investors, adding Solana (SOL), Cardano (ADA), XRP, and Pepe (PEPE) to its lineup. This brings Robinhood’s total crypto offerings to 19 assets. PEPE surged 65% following the news to hit a high of $0.00002244 after soaring 65% following the brokerage firm’s announcement. PEPE’s movement is the most recent […]
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The FBI seized the phone and electronics of Polymarket CEO Shayne Coplan on Nov. 13, the New York Post reported, citing a source. According to the report, the source said the government is allegedly trying to accuse Polymarket of market manipulation and rigging its polls in favor of Trump. However, as of press time, there […]
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Prosecutors suggested that the FTX co-founder would be better able to develop a tool to detect “potential illegal activity” in crypto markets if sentenced to time served.
FBI seizes Polymarket CEO's phone amid investigation, following the platform's correct prediction of Trump's election victory.
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After Ohio Senator Sherrod Brown lost reelection, Elizabeth Warren said she would become the ranking member of the Senate Banking Committee.
Data suggests Bitcoin’s all-time high rally to $93,400 is far from over.
Ross Ulbricht, sentenced to life in prison without the possibility of parole in 2015, asked Donald Trump for a “second chance” at freedom.
The 2024 elections marked a significant turning point for the crypto industry, with a pro-crypto president-elect advocating for the U.S. as the "crypto capital of the planet," paving the way for a shift from regulatory enforcement to a clearer, more predictable regulatory framework that will facilitate mainstream adoption and innovation in the sector, says Christopher Perkins.
US President-elect Donald Trump has appointed two prominent crypto supporters—tech mogul Elon Musk and former Republican presidential candidate Vivek Ramaswamy—to lead a new initiative, the Department of Government Efficiency (DOGE). On Nov. 13, Trump announced on his Truth Social platform that he aims to eliminate government inefficiencies, slash excess regulations, and streamline federal spending through […]
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The nomination could significantly reshape federal operations, emphasizing efficiency and potentially reducing government size and spending.
The post Trump nominates Elon Musk, Vivek Ramaswamy to lead Department of Government Efficiency (DOGE) appeared first on Crypto Briefing.
A Bloomberg report suggested Italian Prime Minister Giorgia Meloni could accept a proposal for a 28% tax hike on crypto rather than a 42% one.
Federal Reserve Governor Christopher Waller recently expressed skepticism about the need for a central bank digital currency (CBDC) in the US payment system Waller made the comments during a speech at The Clearing House Annual Conference 2024 on Nov. 12, where he questioned whether the system has a problem that CBDCs could solve. He stated: […]
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Canary Capital's HBAR ETF filing could accelerate mainstream crypto adoption, but regulatory hurdles may pose significant operational risks.
The post Canary Capital files S-1 for Hedera HBAR spot ETF appeared first on Crypto Briefing.
The Republican promised to fire SEC Chair Gary Gensler “on day one,” but a tweet suggested he would also attempt to circumvent the Senate confirmation process for a replacement.
Klippsten warns that relaxed regulations under Trump could trigger a chaotic altcoin surge, drawing liquidity away from Bitcoin.
Bessent's potential appointment could significantly shift US economic policy towards embracing digital assets, impacting global crypto dynamics.
The post Polymarket predicts an 88% chance of Trump picking pro-Bitcoin Scott Bessent for Treasury secretary appeared first on Crypto Briefing.
A federal judge ruled that Alex Mashinsky’s legal team’s arguments to dismiss two of his seven criminal charges were “either moot or without merit.”
The lawsuit highlights the complex interplay of corporate rivalries and financial instability, potentially reshaping crypto industry regulations.
The post FTX blames Binance and CZ for collapse, seeks $1.7 billion in new lawsuit appeared first on Crypto Briefing.
Venture capital firm Andreessen Horowitz (a16z) views Donald Trump‘s reelection as a significant catalyst for the US crypto industry. In a Nov. 11 post, firm leaders Miles Jennings, Brian Quintenz, and Michele Korver shared their optimism that this political shift could bolster bipartisan efforts and open doors for US-led crypto innovation on a global scale. […]
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NYDIG’s research head Greg Cipolaro said “there are no excuses” for investors to shirk Bitcoin after Donald Trump and the Republicans’ election sweep.
The next four years should be ‘highly favorable’ to the digital assets sector, but thoughtful legislation will be critical.
The US Securities and Exchange Commission (SEC) has delayed its decision on approving options trading on Ethereum (ETH) exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE), according to a Nov. 8 filing. The regulator cited a need for additional time to review the proposal and assess market implications. The decision is related to […]
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Alameda Research has filed complaints against crypto exchange KuCoin and Crypto.com to recover millions in locked funds as FTX prepares to repay users.