In the ever-changing landscape of financial regulations, prominent figures are starting to weigh in on potential candidates for key regulatory positions. Jesse Powell, the founder of the Kraken cryptocurrency exchange, has emerged as a vocal supporter of Brian Brooks, whose experience as the former acting U.S. Comptroller of the Currency positions him as a favorable
Regulation
In an era where technological advancements continuously reshape our national security landscape, a new voice is emerging from the U.S. Space Force advocating for a transformative approach to defense strategies. Major Jason Lowery has recently applied to serve as a military advisor on both the National Security Council (NSC) and the White House Office of
The election of Donald Trump as President has been a pivotal moment for many sectors, including the burgeoning cryptocurrency industry. During his campaign, Trump made significant pledges regarding the federal approach to cryptocurrency regulation. Legal experts who gathered at a recent conference in New York have suggested that the new administration is likely to pivot
The current landscape of the cryptocurrency market has been fraught with tension, particularly regarding the actions and leadership of Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC). Voices from within the industry are growing louder, lashing out against regulatory measures perceived as overreaching and harmful. A noticeable contributor to this discourse
The legal landscape surrounding cryptocurrency is undergoing a notable transformation, particularly in Manhattan’s U.S. Attorney’s Office. Recent comments from Scott Hartman, co-chief of the securities and commodities task force for the Southern District of New York, indicate a deliberate pivot away from an aggressive stance on crypto crimes. This shift follows a series of high-profile
In a crucial move to safeguard financial integrity and consumer trust, the Hong Kong Monetary Authority (HKMA) has issued a warning regarding foreign cryptocurrency firms that misleadingly label themselves as banks. The HKMA’s notice, dated November 15, serves as an urgent reminder for the public to exercise caution when engaging with crypto entities that might
Christopher Giancarlo, former chair of the Commodity Futures Trading Commission (CFTC), has recently dismissed swirling rumors suggesting he might be the successor to the current chair of the US Securities and Exchange Commission (SEC). Giancarlo makes it clear that he has no interest in stepping into roles associated with crypto policy at the US Treasury
The ongoing conversation surrounding cryptocurrency ownership has provoked a significant response from various sectors, particularly from advocacy groups like the Digital Chamber of Commerce. Their recent appeal to the U.S. Office of Government Ethics to reassess the prohibition on federal employees holding digital assets represents a critical juncture in the discussion of cryptocurrency regulations. Established
In the evolving landscape of cryptocurrency, the views of industry leaders can often provide insight into potential futures. Xiao Feng, CEO of Hashkey Group, recently shared his thoughts on how a pro-crypto administration in the United States, particularly under Donald Trump, could influence China’s stance on digital assets. Feng’s assertions stem from the belief that
In a bold move that has captured both attention and skepticism, U.S. President-elect Donald Trump has announced the creation of a new governmental initiative called the Department of Government Efficiency (DOGE). Appointing notable tech entrepreneur Elon Musk and former presidential hopeful Vivek Ramaswamy to spearhead this project, Trump aims to tackle bureaucratic excess and dramatically