In the landscape of U.S. financial regulation, the appointment of a new chair for the Securities and Exchange Commission (SEC) is pivotal not just for the agency itself, but for the broader financial ecosystem that it influences. Recently, Jesse Powell, the founder of the cryptocurrency exchange Kraken, expressed staunch support for Brian Brooks, a prominent
Regulation
In a groundbreaking move, Major Jason Lowery of the U.S. Space Force is applying for a position as a military advisor on the National Security Council (NSC) and the White House Office of Science & Technology Policy (OSTP). Rather than adhering to traditional military approaches, Lowery seeks to bridge the gap between emerging technologies and
With Donald Trump’s ascension to the presidency again, expectations regarding cryptocurrency regulation are shifting significantly. During his campaign, Trump signaled intentions to ease the government’s grip on crypto enforcement. According to insights shared by legal experts at a recent conference in New York City, a transformation in priorities is becoming increasingly likely as Trump strategizes
The U.S. Securities and Exchange Commission (SEC) has been operating in tumultuous waters since Gary Gensler took the helm in April 2021. This leadership has raised numerous concerns among stakeholders, particularly in the cryptocurrency community. Recent accusations, notably from former Olympian and Gemini co-founder Tyler Winklevoss, assert that Gensler’s decisions are not merely administrative oversights
The landscape of cryptocurrency regulation and enforcement is undergoing a significant transformation, as evidenced by recent statements from the US Attorney’s Office in Manhattan. After a series of high-profile convictions regarding illicit activities linked to digital currencies—most notably the case against FTX founder Sam Bankman-Fried—the office has decided to recalibrate its focus on prosecuting cryptocurrency-related
The Hong Kong Monetary Authority (HKMA) has recently raised alarms regarding foreign cryptocurrency companies that are deceitfully presenting themselves as banks. In a notice dated November 15, the authority highlighted a concerning trend: these firms are leveraging the term “bank” not just to enhance their credibility, but also to manipulate potential customers into believing they
In the evolving landscape of cryptocurrency regulation, leadership dynamics play a crucial role. Recently, Christopher Giancarlo, former Chair of the Commodity Futures Trading Commission (CFTC), refuted speculation regarding his potential appointment as Chair of the U.S. Securities and Exchange Commission (SEC). His statement emphasized a desire to distance himself from the ongoing controversies surrounding current
The debate surrounding cryptocurrency ownership by federal employees has gained traction, particularly with the Digital Chamber of Commerce’s recent appeal to the US Office of Government Ethics. Their November 13 letter represents a thoughtful, albeit controversial, push to reassess the blanket prohibition that currently prevents these employees from holding any form of digital assets, including
The political landscape in the United States is poised for a seismic shift, particularly concerning the future of cryptocurrency. Recent statements from Hashkey Group CEO Xiao Feng underscore the belief that a pro-crypto administration, led by potential President Donald Trump, could significantly influence China’s regulatory approach toward digital assets. Feng asserts that should the U.S.
The announcement of a new initiative spearheaded by US President-elect Donald Trump has sent ripples through both political and economic spheres. Leveraging the tech expertise of Elon Musk and the political savvy of Vivek Ramaswamy, Trump has created the Department of Government Efficiency (DOGE), with the ambitious goal of transforming federal operations. Announced on November
