News with the tag "US Administration"

DeFi Education Fund, Coin Center, Solana Policy Institute, the Digital Chamber, Blockchain Association, Crypto Council for Innovation, Bitcoin Policy Institute, and Paradigm issued a joint statement They emphasized that the BRCA is essential for protecting open-source developers and infrastructure p...

Caitlin Long & John Deaton assert Operation Chokepoint 2.0 targeting crypto banking lives on. They dispute VP JD Vance’s claim it’s over, citing current Federal Reserve debanking policies. Calls intensify for Trump admin accountability and an independent probe into crypto exclusion. The battle lines...

Supreme Court ruling effectively states President Donald Trump cannot dismiss Fed Chair Jerome Powell politically. The Court affirmed the Federal Reserve’s unique structure shields it from Trump’s expanded removal powers. This decision on the Trump-Powell dynamic calms market fears over Fed independ...

Standard Chartered’s Foo Ken Yap predicts a US Federal Reserve interest rate cut despite fiscal concerns. Morgan Stanley offers a contrasting view, warning of stagflation and recession for US economy in 2025. Despite uncertainty, Bitcoin (BTC) hits new ATH as investors seek alternative havens like g...

OCC now allows banks to buy and sell crypto assets on behalf of their customers. U.S. banks can outsource crypto custody services, ensuring third-party compliance. OCC’s policy shift signals growing acceptance of cryptocurrency within the banking sector. The U.S. Office of the Comptroller of the Cur...

Texas Bitcoin reserve bill advances, final vote expected before June 2 legislative deadline. Bill expands beyond Bitcoin to include digital assets after Trump’s executive order. Other states like Utah and Arizona also explore Bitcoin reserves amid inflation concerns. A select committee within the Te...

DOJ says Mashinsky caused nearly $7 billion in losses through fraud. He allegedly misled customers and profited from CEL token sales. Prosecutors demand a harsh sentence to deter future crypto misconduct. Federal prosecutors have asked a U.S. court to sentence Alex Mashinsky, the founder of Celsius ...

Arizona House approves Senate Bills 1025 and 1373 to establish a Bitcoin reserve and digital asset fund. Governor Katie Hobbs’ ongoing veto campaign threatens the future of Arizona’s Bitcoin reserve proposals. Bitcoin reserve supporters argue the move could help diversify state assets and hedge agai...

Fed rescinds 2022 and 2023 guidance on crypto and dollar token activities for state banks. Banks no longer need special approval to engage in digital asset services. Saylor says the move frees banks to support Bitcoin-related services. Banks in the United States are now free to support Bitcoin, acco...

Former SEC commissioner Paul Atkins has been nominated by Trump to lead the SEC, Atkins’ Senate confirmation hearing has been delayed due to pending financial disclosure paperwork. While awaiting confirmation, the SEC has dropped multiple lawsuits against cryptocurrency firms While President Donald ...