Tag: Washington D.C.
Howard Lutnick appointed as commerce secretary under Trump administration
President-elect Donald Trump has made a surprising nomination for Secretary of Commerce, selecting Howard Lutnick, the CEO of Cantor Fitzgerald, a financial services firm. Lutnick is known for his support of protectionist trade measures...
Crypto’s Impact on the 2024 U.S. Election: Real-Time Updates
The 2024 U.S. Election is unfolding with significant implications for the crypto industry. As the results come in, there are key updates on the candidates and their positions on digital assets. Democratic Senator Elizabeth Warren,...
Risks of Stablecoins: FSOC Urges Legislative Action for Enhanced Oversight
The Financial Stability Oversight Council (FSOC) has sounded the alarm on the potential risks posed by stablecoins, urging immediate legislative action to bolster oversight and regulation. In its 2024 annual report, the FSOC highlighted...
Challenging Sanctions on Crypto Mixing Services: Legal Battle Against Administrative Overreach
Cryptocurrency transactions may seem anonymous, but they are actually quite public due to the transparency of blockchains. This transparency can be beneficial for law enforcement in tracking illicit activities, but it also poses a...
Uncovering the Truth: Trump Entourage’s $2.3 Trillion in Memecoins
Trump Entourage's $2.3 Trillion Memecoins Uncovered On January 20, 2025, a shocking revelation surfaced in the world of cryptocurrency, implicating U.S. President Donald Trump and his entourage in a massive financial play involving memecoins. The...
Meta’s Stablecoin Project Criticized as ‘Political Kill’ by Former Diem Co-Founder
Meta's Stablecoin Project Faces Political Backlash In a shocking revelation, former Diem co-founder David Marcus has labeled Meta's stablecoin project as a 'political kill'. The project, originally launched as Libra in 2019, faced insurmountable political...
Trump Inauguration Fails to Boost Bitcoin: TRUMP, MELANIA Tokens Plunge 50%
TRUMP, MELANIA Tokens Plunge 50% After Inauguration Fails to Boost Bitcoin In a surprising turn of events, the official memecoins of U.S. President Donald Trump and First Lady Melania have taken a nosedive, plummeting by...
Republican State AGs and DeFi Lobby Challenge SEC’s Crypto Enforcement – Lawsuit Analysis
A group of state attorneys general and the DeFi Education Fund have filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and its five commissioners. They claim that the SEC is overstepping...
SEC Chair Gary Gensler Takes Credit for Bitcoin ETFs, Dismisses Altcoins, Hints at Resignation
Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), recently addressed the public at the PLI Annual Institute on Securities Regulation. In his speech, he emphasized the SEC's role in regulating...
Michael Barr to Resign as U.S. Fed Vice Chair for Supervision
Michael Barr to Resign as U.S. Fed Vice Chair for Supervision In a surprising turn of events, Michael Barr, the U.S. Federal Reserve's vice chair for supervision, has announced his resignation from his position, effective...
