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Trump Delivers Speech at Washington Crypto Policy Summit

Trump Delivers Speech at Washington Crypto Policy SummitPresident Trump’s speech re-echoed his openness to engage in key crypto policy to position the U.S. as a global crypto powerhouse. U.S. Government Wants to Lead the Way on Bitcoin Donald Trump, incoming U.S. president delivered a goodwill speech at the crypto policy summit in Washington organized by the Blockchain Association. In his speech, Trump […]

BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

Trump meets with Crypto.com CEO as firm drops SEC lawsuit

The cryptocurrency exchange filed a suit against the SEC in October after receiving a Wells notice but dropped it the same day its CEO met with the US president-elect.

United States President-elect Donald Trump has met with Crypto.com CEO Kris Marszalek at his home in Mar-a-Lago to discuss policies potentially affecting the cryptocurrency industry.

According to a Dec. 16 X post, Marszalek traveled to Florida to meet with Trump. The pair reportedly discussed the president-elect’s proposal to launch a national Bitcoin (BTC) reserve and appointments in his administration related to the crypto industry.

Crypto.com CEO meeting with Donald Trump on Dec. 16. Source: Kris Marszalek

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BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

Anti-crypto Caroline Crenshaw will not be renominated as SEC Commissioner following committee vote cancellation

Crenshaw's renomination highlights ongoing tensions between regulatory bodies and the crypto industry, potentially impacting future crypto policies.

The post Anti-crypto Caroline Crenshaw will not be renominated as SEC Commissioner following committee vote cancellation appeared first on Crypto Briefing.

BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

Trump Doubles Down on Regulation Cuts—Plans to Slash 10 Rules per New Policy

Trump Doubles Down on Regulation Cuts—Plans to Slash 10 Rules per New PolicyDonald Trump unveils an aggressive plan to slash 10 regulations for every new one, promising unprecedented deregulation to spur jobs, innovation, and economic growth. Regulation Overhaul: Trump’s Ambitious 10-for-1 Cut Strategy Explained U.S. President-elect Donald Trump is gearing up to initiate sweeping regulatory reforms across numerous industries, promising significant changes aimed at boosting economic growth. […]

BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

NYDFS approves BitLicense for Anchorage Digital subsidiary

With the addition of Anchorage’s New York arm, the New York financial regulator has approved 34 companies since the BitLicense scheme launched in 2015.

Cryptocurrency-friendly bank Anchorage Digital announced that its subsidiary had been granted a BitLicense by New York’s Department of Financial Services (NYDFS).

In a Dec. 16 notice, Anchorage Digital said its New York arm had received a BitLicense, allowing the firm to offer services starting in 2025. According to Anchorage’s CEO Nathan McCauley, the license would allow the company to launch “regulated and efficient crypto trading to clients based in New York.”

At the time of publication, the NYDFS website did not include Anchorage in its list of regulated entities in the US state. Since the BitLicense scheme was first implemented in New York in 2015, the financial regulator has approved 33 companies for offering crypto services — not including Anchorage.

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BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

Canada’s finance minister resigns, citing ‘serious challenges’ from US

Chrystia Freeland said she would remain a member of Canada’s parliament but had resigned from Prime Minister Justin Trudeau’s cabinet.

Chrystia Freeland, serving as deputy prime minister to Canadian Prime Minister Justin Trudeau, announced that she would step down as the country’s finance minister after being offered “another position” in the cabinet. 

In a Dec. 16 X post, Freeland said she had resigned from her position as finance minister after being offered another position in government by the Canadian Prime Minister. According to Freeland, she and Trudeau had “found [them]selves at odds” with policies, citing potential tariffs that United States President-elect Donald Trump has threatened to impose on Canada. 

“We need to take that threat extremely seriously,” said Freeland, referring to Trump’s proposed tariffs, adding: 

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BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days