The call from the Digital Chamber of Commerce to the US Office of Government Ethics (OGE) to revisit stringent regulations surrounding federal employees’ ownership of cryptocurrencies represents a significant pivot in the discourse on digital asset management within governmental sectors. The OGE policies, enacted in 2022, categorically prohibit federal workers from holding any cryptocurrencies, citing
Regulation
The landscape of cryptocurrency is deeply intertwined with political dynamics, particularly in the context of the United States and its global influence. Recently, Xiao Feng, the CEO of Hashkey Group, posited that a pro-crypto administration in the United States, potentially led by Donald Trump, could catalyze a significant shift in China’s attitude towards Bitcoin and
The recent appointment of Elon Musk and Vivek Ramaswamy to head the Department of Government Efficiency (DOGE) marks a significant moment in U.S. politics. President-elect Donald Trump aims to dismantle bureaucratic red tape and waste within the federal government, enacting a reform agenda arguably as ambitious as the historical Manhattan Project. By utilizing DOGE, Trump
In recent discussions surrounding financial innovations, Federal Reserve Governor Christopher Waller has emerged as a prominent critic of the necessity of central bank digital currencies (CBDCs) within the United States. Speaking at The Clearing House Annual Conference in November 2024, Waller’s remarks highlighted a crucial query: is there a tangible problem within the current payment
The intersection of politics and technology continues to evolve, with venture capital firm Andreessen Horowitz (a16z) suggesting that the reelection of Donald Trump could serve as a pivotal moment for the beleaguered cryptocurrency sector in the United States. According to the firm’s leaders, the current political climate may usher in a new era of bipartisan
The recent decision by the US Securities and Exchange Commission (SEC) to postpone its ruling on options trading for Ethereum (ETH) exchange-traded funds (ETFs) has drawn both speculation and concern from investors and market analysts alike. This delay, reported in a Nov. 8 filing, underscores the regulatory complexities surrounding cryptocurrency and traditional financial instruments. The
The impending change in the U.S. presidential administration has sparked significant speculation about the future of financial regulation, particularly concerning the Securities and Exchange Commission (SEC). President-Elect Donald Trump’s transition team is reportedly mulling over a variety of candidates from a corporate legal background and Republican regulatory experience to oversee key financial agencies. This potential
France’s National Gaming Authority (ANJ) is positioning itself to impose significant restrictions on Polymarket, a prominent prediction market that utilizes cryptocurrency. Reports suggest that this intervention represents one of the strictest regulatory actions against a crypto platform within France, reflecting the nation’s increasing apprehension regarding the intersection of blockchain technology and gambling. Polymarket, which has
Recent events in U.S. politics have sparked debate regarding the future of cryptocurrency and its regulatory environment. Following Donald Trump’s presidential victory, Matthew Hougan, Chief Investment Officer of Bitwise, projected a potential “Golden Age of Crypto.” This optimism stems from the anticipation of more favorable regulatory conditions from the incoming administration, which could catalyze a
In a notable development in the realm of cryptocurrency, asset management firm 21Shares has submitted an application to the US Securities and Exchange Commission (SEC) to establish a spot XRP exchange-traded fund (ETF). This initiative, filed on November 1, involves the registration of their Core XRP Trust shares for potential listing on the Cboe BZX