Tag: Washington D.C.
Bitcoin as Reserve Currency Criticized by Former US Treasury Secretary
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...
FDIC Urges U.S. Banks to Avoid Crypto, Revealed in Coinbase Letters
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 Trump
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....
Predictions of Fast Crypto Regulation Under Trump Administration
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 Criticized as ‘Political Kill’ by Former Diem Co-Founder
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...
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...
Gary Gensler Will Step Down as SEC Chair When Trump Assumes Office
Gary Gensler, the Chair of the U.S. Securities and Exchange Commission, has announced that he will be leaving the agency completely on the day that Donald Trump becomes the president in January. This means...
New Title: SEC Chair Gary Gensler Resignation Effective Jan. 20
SEC Chair Gary Gensler will be resigning from his position on Jan. 20, 2025, according to a recent Commission statement. Gensler, who has been in the role since April 2021, expressed his gratitude for...
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...
Understanding SEC Chair Gary Gensler’s Actions: Insights from Tyler Winklevoss
Former Olympic rower and crypto exchange Gemini co-founder Tyler Winklevoss has strong opinions about SEC Chair Gary Gensler's recent actions. In a post on X, Winklevoss expressed his belief that Gensler's behavior cannot be...
