Tag: Washington D.C.

Coinbase (COIN) Prevails Over SEC Chair Gensler in Landmark Court BattleIn a groundbreaking legal victory, Coinbase Inc. emerges triumphant in a heated courtroom showdown with the Securities and Exchange Commission (SEC). A U.S. judge...

Michael Barr to Resign as U.S. Fed Vice Chair for SupervisionIn 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...

Former US Treasury Secretary Larry Summers has stirred controversy with his recent comments criticizing the idea of Bitcoin becoming a national reserve currency. In an interview with Bloomberg, Summers dismissed the notion of a...

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...

FDIC Urges U.S. Banks to Avoid Crypto, Revealed in Coinbase LettersCoinbase's Paul Grewal says this is hard evidence proving the industry hasn't been spouting conspiracy theories about being shoved out of U.S. banking. Dec...

David Sacks Appointed as 'AI and Crypto Czar' by TrumpPresident-elect Donald Trump has announced the appointment of David Sacks as the White House's AI and Crypto Czar in a TruthSocial post on Thursday night....

Rep. French Hill to Lead Investigation into Banking Exclusion of Cryptocurrency BusinessesIn a bold move to address allegations of regulatory bias against crypto businesses, Congressman French Hill has declared his intent to delve deep...

Trump Nominates Paul Atkins as New SEC ChairPresident-elect Donald Trump has officially nominated Paul Atkins as the next US Securities and Exchange Commission (SEC) chairman. This decision, confirmed in a Trust Social post on...

Crypto Regulation Predictions Under Trump AdministrationCoinbase's chief policy officer, Faryar Shirzad, recently made headlines with his predictions of fast crypto regulation under the upcoming Trump administration. In an interview with CNBC on December 2nd,...

Meta's Stablecoin Project Faces Political BacklashIn 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...