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Regulators

Former New York Fed President Says Strategic Bitcoin Reserve Would Drive Up Inflation and Government Debt

A former Fed president is warning that the proposed Bitcoin (BTC) strategic reserve concept won't yield any positive benefits for…

December 8, 2024

Treasury Department’s FSOC Says Stablecoins Represent Potential Risk to US Financial Stability

The U.S Treasury Department’s Financial Stability Oversight Council (FSOC) says the role of stablecoins as a bridge between the digital…

December 8, 2024

Coinbase FOIA Requests Unearth More Instances of U.S. FDIC Asking Banks To ‘Pause’ Crypto Services

Top US-based crypto exchange Coinbase's Freedom of Information Act (FOIA) requests are uncovering more instances where the U.S. Federal Deposit…

December 7, 2024

Veteran Silicon Valley Investor David Sacks to Serve As Trump’s ‘White House AI and Crypto Czar’

President-elect Donald Trump announced on Thursday that veteran Silicon Valley venture capitalist David Sacks will serve as his White House…

December 7, 2024

Bitcoin (BTC) Competes With Gold, Not the US Dollar: Fed Chair Jerome Powell

U.S. Federal Reserve Chair Jerome Powell thinks Bitcoin (BTC) is more akin to gold than the US dollar. At the…

December 6, 2024

USDC Becomes First Stablecoin To Gain Compliance With New Canadian Crypto Asset Requirements

Circle announced this week that USDC became the first stablecoin to gain compliance with new Canadian digital asset regulations. Canada's…

December 6, 2024

US Treasury Takes Action Against Five Individuals Who Allegedly Used USDT To Evade Sanctions for Russian Elites

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) is taking action against five individuals linked to a money…

December 6, 2024

Bitcoin (BTC) Smashes Through $100,000 Following Trump’s Pick of Paul Atkins for SEC Chair

Bitcoin (BTC) shattered the $100,000 milestone for the first time after President-elect Donald Trump announced his new pick to chair…

December 5, 2024

Alex Mashinsky Faces 30 Years in Prison for Role in Collapse of Celsius

Celsius founder and former CEO Alex Mashinsky is facing up to 30 years of jail time after pleading guilty to…

December 4, 2024

Donald Trump Considering Chamber of Digital Commerce CEO Perianne Boring for CFTC Chair: Report

President-elect Donald Trump is considering appointing Perianne Boring, chief executive of the Chamber of Digital Commerce, as Chair of the…

December 4, 2024