The SEC launches a groundbreaking crypto task force, aiming to replace reactive enforcement with clear, innovation-friendly regulations. Led by “Crypto Mom,” Hester Peirce, this initiative promises seismic shifts in the digital asset landscape. Clearer Crypto Guidelines Ahead as SEC Forms New Task Force: ‘The SEC Can Do Better’ The U.S. Securities and Exchange Commission (SEC) […] Source: https://news.bitcoin.com/sec-forms-task-force-to-establish-clearer-crypto-regulations/
A UAE-based self-styled crypto market maker has admitted to orchestrating an elaborate wash trading scheme that fooled U.S. investors by generating millions in fake trading volume through automated self-dealing on Uniswap. CLS Global is expected to plead guilty to market manipulation and wire fraud charges after falling for an FBI sting operation, federal prosecutors in Boston announced Wednesday. Under the…
The Stargate project will be led by OpenAI, SoftBank and Oracle, while Microsoft and Nvidia will be key initial technology partners. Source: https://cointelegraph.com/news/trump-500-billion-ai-infrastructure-venture-stargate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Franklin Templeton CEO Jenny Johnson predicts that blockchain will ultimately be used to build ETFs and mutual funds because of the technology’s efficiency. Source: https://cointelegraph.com/news/trump-converge-tradfi-crypto-regulatory-clarity-franklin-templeton-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Official Trump token fell from $48 to $42 after the US president seemed unfamiliar with his own memecoin. Source: https://cointelegraph.com/news/trump-dips-trump-admits-dont-know-much-about?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bank of America’s CEO foresees a crypto payment revolution, emphasizing banks will aggressively adopt digital currencies once clear regulations unlock their transactional potential. Bank of America CEO Envisions a Crypto Payment Boom Fueled by Regulation Bank of America CEO Brian Moynihan has discussed the potential for cryptocurrency payments to gain traction in the banking sector, […] Source: https://news.bitcoin.com/bank-of-america-ceo-foresees-crypto-payment-boom-with-clear-rules/
Bitcoin treasury company MicroStrategy is so keen to buy its favorite asset that it has a new strategy: Increasing the amount of stock it has to sell to help finance the crypto purchases. The software company’s shareholders voted for a 30x increase to the number of authorized Class A common shares, Bloomberg reported, citing a recording of the meeting. The…
Crypto Avoided on Day 1, Coinbase faces SOL FUD, TRUMP falls 40% MicroStrategy buys 11k more BTC for $1.1bn. Ross Ulbricht set to be freed. Coinbase slammed for delayed SOL transactions. ETH foundation to use 50k ETH to support DeFi. Vitalik says he will decide ETH foundation leadership. ETH/BTC at 4 year lows, options stay bearish. Utah proposes bill to…
President Donald Trump unveiled a $500 billion private-sector initiative on Tuesday to strengthen U.S. artificial intelligence infrastructure and spur growth. Dubbed the Stargate Project, the plan comes a day after he repealed a Biden-era executive order aimed at regulating AI risks. The new AI initiative will include several leading AI developers, including ChatGPT creator OpenAI, Oracle, and Japanese Conglomerate Softbank.…
President Trump’s appointment of Acting SEC Chair signals a pro-crypto shift, with promises of clearer regulations to foster innovation and economic growth. Acting SEC Chair Pushes for Clearer Crypto Regulation, Replacing Gensler’s Tough Stance President Donald Trump has appointed Mark T. Uyeda as Acting Chairman of the U.S. Securities and Exchange Commission (SEC), the agency […] Source: https://news.bitcoin.com/trump-appoints-crypto-friendly-acting-sec-chair-signaling-regulatory-shift/
