President-elect Donald Trump has nominated Scott Bessent, a prominent hedge fund manager known for his pro-cryptocurrency stance, to serve as the next Secretary of the Treasury, multiple news outlets reported late Friday. Bessent, founder of Key Square Group, has been a significant economic adviser to Trump’s campaign and is expected to play a pivotal role in shaping the administration’s economic…
PRESS RELEASE. On October 15, HTX DAO announced the successful completion of its $HTX token burn for Q3 2024. In the quarter alone, over $21.25 million worth of $HTX tokens were burnt. This marks a significant shift in the platform’s liquidity strategy, as HTX DAO has opted to discontinue its previous ecosystem liquidity pledge mechanism […] Source: https://news.bitcoin.com/htx-dao-completes-q3-2024-htx-burn-under-liquidity-strategy-transition/
In the SEC’s latest report detailing the Examination Priorities for 2025, the Commission has reinforced its gameplan to keep a close eye on the crypto industry. As the market for digital assets continues to grow in both size and complexity—particularly with the introduction of Bitcoin ETFs and similar ETH products—the SEC’s Division of Examinations is […] Source: https://news.bitcoin.com/whats-next-for-crypto-sec-examination-priorities-in-2025/
As Securities and Exchange Commission (SEC) Chair Gary Gensler prepares to leave his post behind, a cryptocurrency targeted under his leadership is staging a notable climb. Used prominently by fintech firm Ripple Labs, the price of XRP popped Thursday as Gensler said he would resign from his leadership position at the agency when President-elect Donald Trump takes control of the…
The Australian Treasury has invited public feedback on implementing the Organization for Economic Cooperation and Development (OECD)’s crypto asset reporting model. Tackling Crypto-Linked Tax Evasion The Australian Treasury has invited the public to comment on options for the country’s implementation of the Crypto Asset Reporting Framework (CARF). In a consultation paper released Nov. 21, the […] Source: https://news.bitcoin.com/australia-seeks-public-input-on-crypto-tax-reporting/
Chinese researchers have reported initial results from an experimental surgical procedure they say aims to address Alzheimer’s disease through manipulating the brain’s waste clearance systems. The findings, published in General Psychiatry, detail outcomes from what the team describes as a “cervical shunting” operation performed on a patient with Alzheimer who was able to achieve what the researchers describe as “promising”…
Distributed ledger technology can help solve longstanding challenges in US financial markets, the report said. Source: https://cointelegraph.com/news/cftc-endorses-tokenizing-trading-collateral?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dogecoin is rising Friday, hitting its highest price in over a week as speculation over Elon Musk introducing payments to his X social media platform—formerly Twitter—arises again. The Tesla CEO and world’s richest man posted a screenshot of podcaster Joe Rogan’s profile early Friday. In the snap, a dollar sign appears next to the celebrity’s profile picture—leading to speculation that…
A creditors’ meeting will be held in March, but their funds reportedly disappeared into the chaos of the FTX collapse. Source: https://cointelegraph.com/news/delio-bankruptcy-south-korea-ftx-impact?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Donald Trump has not yet named his pick for SEC chair to send to the Senate, but Commissioner Mark Uyeda offered a preview of the regulator’s approach to crypto in 2025. Source: https://cointelegraph.com/news/mark-uyeda-sec-potential-crypto-forward-approach?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
