The Digital Chamber of Commerce has put forward a provocative argument advocating for the re-examination of existing restrictions that bar federal employees from owning cryptocurrency. In a communication addressed to Shelley Finlayson, the Acting Director of the US Office of Government Ethics, the Chamber articulated the need for a paradigm shift regarding how the government
Regulation
On November 13, reports emerged that the FBI had confiscated the electronic devices belonging to Shayne Coplan, the CEO of Polymarket, a platform for prediction markets. According to a report by the New York Post, authorities are investigating the possibility that Polymarket engaged in market manipulation, particularly concerning its predictions related to the political landscape
The future of cryptocurrencies is often linked to global power dynamics and regulatory frameworks. Xiao Feng, the CEO of Hashkey Group, has asserted that a supportive U.S. administration for cryptocurrencies could potentially prompt China to soften its stringent stance towards digital assets. This assertion, made during an interview with the South China Morning Post, highlights
In an audacious move, President-elect Donald Trump has unveiled a new venture called the Department of Government Efficiency, or DOGE, which will be spearheaded by influential figures in the tech and political arenas, Elon Musk and Vivek Ramaswamy. This initiative, aimed at addressing rampant government inefficiencies, seeks to significantly streamline federal operations and cut back
In a world increasingly driven by digital transactions, the topic of central bank digital currencies (CBDCs) has sparked intense debate among economists, policymakers, and financial sector stakeholders. Federal Reserve Governor Christopher Waller has recently weighed in on this discussion, casting doubt on the necessity of a CBDC for the United States payment system. During his
Recent political shifts have ignited discussions regarding their influence on the ever-evolving cryptocurrency landscape in the United States. With venture capital firm Andreessen Horowitz (a16z) suggesting that Donald Trump’s potential reelection could act as a catalyst for the crypto industry, it becomes crucial to analyze how such changes could facilitate or hinder innovation. The firm,
Recently, the US Securities and Exchange Commission (SEC) made headlines with its decision to postpone the approval of Ethereum (ETH) options trading on exchange-traded funds (ETFs) listed on the New York Stock Exchange (NYSE). This delay has sparked interest and debate within the financial community, and it reveals the complexity and caution that authorities are
The impending leadership changes within key financial regulatory agencies under President-Elect Donald Trump’s transition team signal a major shift in the regulatory landscape. Reports indicate that the team is evaluating a group of corporate attorneys and seasoned Republicans to fill these influential roles. The Securities and Exchange Commission (SEC) is poised to be a focal
The National Gaming Authority (ANJ) of France is preparing to take decisive steps against Polymarket, a prominent platform that allows users to engage in crypto-based predictions. This anticipated action highlights the increasing scrutiny that cryptocurrency platforms face worldwide, particularly those that may intersect with gambling laws. Such a move reflects France’s intent to enforce its
As the landscape of global finance transforms, a significant political event has set the stage for what many are terming a “Golden Age of Crypto.” The recent victory of Donald Trump in the U.S. presidential elections has spurred discussions among crypto enthusiasts and financial analysts alike regarding the potential for a more favorable regulatory environment
