Kamala Harris may continue the Biden administrations crypto crackdown

Harris is preparing to unveil plans about her economic policy in a mid-August speech. 

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The next SEC chair must be named before US election Tyler Winklevoss

Gemini co-founder Tyler Winklevoss argues that the cryptocurrency industry should not tolerate any possibility of a repeat of the last 4 years.

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Krakens Jesse Powell donates $1M in crypto to Trump campaign

Jesse Powell, the Kraken co-founder, backs Trump with $1 million in Ether, supporting pro-crypto policies against regulatory crackdowns.

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Deribit plans expansion in the US under crypto-friendly Trump administration: Financial Times

Deribit, a leading cryptocurrency exchange, announces its expansion into the United States despite concerns over potential crypto regulation under the Trump administration. The move comes as a bold step forward for the exchange, aiming to broaden its reach and cater to the growing demand for crypto trading services in the US market. Despite the uncertain [...]

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Uncertainty Surrounds KuCoins Settlement with CFTC Following Trump Administration Policy Change

The status of the KuCoin case remains uncertain following a shift in the CFTC’s cryptocurrency policy. The recent pivot by the Commodity Futures Trading Commission has raised concerns about the future of the legal proceedings against KuCoin. With the regulatory landscape constantly evolving, stakeholders are closely monitoring any changes that may impact the outcome of [...]

The post Uncertainty Surrounds KuCoins Settlement with CFTC Following Trump Administration Policy Change appeared first on Crypto Breaking News.

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Paul Atkins Confirmed by US Senate to Head SEC in Trump Administration

The US Senate has officially confirmed the nomination of Paul Atkins as the new chair of the Securities and Exchange Commission (SEC). This appointment shows a vote of confidence in Atkins’ experience and expertise in the financial industry. Atkins has a long history in the regulatory and financial sector, having previously served as an SEC [...]

The post Paul Atkins Confirmed by US Senate to Head SEC in Trump Administration appeared first on Crypto Breaking News.

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Trump Administration to Announce U.S. Crypto Reserve at White House Crypto Summit

Commerce Secretary Lutnick confirms a U.S. Crypto Strategic Reserve is likely, with an official announcement set for this Friday.

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APX Lending Secures Exemptive Relief from Canadian Securities Administration to Boost Growth

APX Lending, a leading blockchain-based lending platform, has received exemptive relief from the Canadian Securities Administrators. This decision allows APX Lending to operate its lending platform without needing to register as a securities dealer in Canada. The Canadian Securities Administrators granted this relief after determining that APX Lending’s lending activities do not fall under the [...]

The post APX Lending Secures Exemptive Relief from Canadian Securities Administration to Boost Growth appeared first on Crypto Breaking News.

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U.S. Department of Energy Halts Bitcoin Mining Survey Amid Legal Pushback

The DOE's emergency Bitcoin mining survey is withdrawn following legal challenges from Riot Platforms and the Texas Blockchain Council. (Read More)

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Report: Crypto Companies Pursuing Bank Charters Amid Trump Administration Changes

In a recent report by the Trump administration, it was revealed that crypto companies are actively seeking bank charters to establish stronger financial foundations within the traditional banking system. This move marks a significant shift in the financial landscape, showcasing the growing integration of digital currencies with traditional financial institutions. The administration’s report highlights the [...]

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Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses

According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally risky,” federal bank regulators, with [...]

The post Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses appeared first on Crypto Breaking News.

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Governor Ron DeSantis slams Biden Administration’s CBDCs plan

While the 2024 election campaigns are underway, Governor DeSantis issues remarks that echo those of Robert F. Kennedy Jr, a Democratic presidential candidate, who (last week) supported Bitcoin as censure and an example of democracy to authoritarians. Florida’s Governor Ron DeSantis heavily criticized the Biden Administration’s Central Bank Digital Currencies (CBDCs) plan (on Wednesday). That …

<p>The post Governor Ron DeSantis slams Biden Administration’s CBDCs plan first appeared on CCNC | Cryptocurrency Newscast.</p>

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DeSantis: Biden Administration Would Kill Bitcoin

Bitcoin is increasingly becoming a hot-button issue among U.S. presidential candidates.

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President Biden’s New Communication’s Director Owns $50k-$100k Worth Of Bitcoin

According to a disclosure, Ben Labolt owns at least one bitcoin, and will be unable to serve in relation to matters related to past clients. President Biden’s new communications director, Ben LaBolt, owns $50,000-$100,000 worth of bitcoin according to a regular disclosure filed. In addition, President Joe Biden has restricted the role of LaBolt in [...]

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Republicans Seek to Repeal Biden’s Inflation Reduction Act in Exchange for Raising US Debt Limit

There has been a lot of commentary concerning the U.S. raising its debt limit, as Treasury secretary Janet Yellen said last month that a U.S. default would be “devastating,” and European Central Bank president Christine Lagarde warned it would be a “major disaster” if the U.S. defaulted on its obligations. It now appears that Republican [...]

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US Senator Ted Cruz tries again with new bill to block CBDC

Ted Cruz said it is “more important than ever” to ensure the financial privacy of American citizens is preserved.

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White House Releases Economic Report On Bitcoin: Here's What They Got Wrong

The latest report from the Biden Administration writes off the benefits of Bitcoin while ignoring the fundamentals and economic activity that give it value.

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Biden Administration’s Economic Report Deems Crypto Assets ‘Mostly Speculative Investment Vehicles’

On Monday, U.S. president Joe Biden published the administration’s economic report and addressed the subject of cryptocurrencies. The section titled “The Perceived Appeal of Crypto Assets” describes the currencies as “mostly speculative investment vehicles” that are “unbacked” and “traded without fundamental anchors.” The White House insists that crypto assets do not deliver on their promises [...]

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CBDCs could be ‘easily weaponized’ to spy on US citizens: Congressman

Congressman Tom Emmer made the anti-central bank digital currency comments to an audience at the Cato Institute, a libertarian think tank in Washington.

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Crypto exchange Digital Surge emerges as a rare survivor of FTX fallout

The Australian crypto exchange had $23.4 million of digital assets locked on FTX when it collapsed and FTX’s Australian subsidiary went into administration.

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