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Ripple CTO Calls on US Government To End All Indirect Regulation Including Alleged Debanking of Tech Founders

Ripple CTO Calls on US Government To End All Indirect Regulation Including Alleged Debanking of Tech Founders

The chief technology officer of Ripple Labs says that the government needs to address the alleged unconstitutional unbanking of many crypto and tech founders. In a new thread on the social media platform X, Ripple CTO David Schwartz accuses the government of pressuring banks to cancel unfavored individuals and businesses with no evidence that they […]

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Crypto market cycle permanently shifted — Polygon founder

Coinbase CEO Brian Armstrong Brands $213,000,000,000 Anti-Money Laundering Regulations As Policy Failures

Coinbase CEO Brian Armstrong Brands 3,000,000,000 Anti-Money Laundering Regulations As Policy Failures

Coinbase chief Brian Armstrong says that the US government’s efforts to curb money laundering have been a failure and a misuse of public funds. In a post on the social media platform X, Armstrong says that the US anti-money laundering (AML) policies should be reviewed by President-elect Donald Trump’s proposed Department of Government Efficiency (DOGE) […]

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Crypto market cycle permanently shifted — Polygon founder

Coinbase Terminates USDC Yield Program for Users in the European Economic Area Citing New EU Regulations

Coinbase Terminates USDC Yield Program for Users in the European Economic Area Citing New EU Regulations

The top US-based crypto exchange by trading volume is ending its USDC Rewards program for European users. According to a screenshot shared by Marina Markezic, Coinbase is letting European Economic Area (EEA) clients know that USDC staking is coming to an end due to Markets in Crypto-Assets (MiCA) regulations. “MICA is kicking in -> Sunsetting […]

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Crypto market cycle permanently shifted — Polygon founder

Crypto Advocacy Group Coin Center Names Top Three Threats Against Digital Asset Industry

Crypto Advocacy Group Coin Center Names Top Three Threats Against Digital Asset Industry

A prominent non-profit crypto advocacy group is naming the biggest current threats to the digital assets industry. In a new report analyzing crypto legislation after the 2024 US presidential election, Coin Center says the three biggest threats to the industry are the Internal Revenue Service’s (IRS) mandate to report crypto transactions larger than $10,000 (6050I), […]

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Crypto market cycle permanently shifted — Polygon founder

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

President-elect Donald Trump’s possible pick for Chair of the U.S. Securities and Exchange Commission (SEC) is reportedly planning to make the nation a global leader in crypto. According to a new report by Fox Business, Trump’s potential pick – current SEC Commissioner Mark Uyeda – says that he would overhaul how the government views the […]

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Crypto market cycle permanently shifted — Polygon founder

Trump Electoral Win a ‘Massive Game Changer’ for Crypto, Says Bitwise CIO Matt Hougan – Here’s What He Means

Trump Electoral Win a ‘Massive Game Changer’ for Crypto, Says Bitwise CIO Matt Hougan – Here’s What He Means

The chief investment officer of crypto asset management firm Bitwise says that Trump’s landslide electoral win against Kamala Harris is a game changer for the crypto industry. In a new interview on the Leading Indicator YouTube channel, Bitwise CIO Matt Hougan says that Trump defeating the Democrats will vastly improve the crypto industry as the […]

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Crypto market cycle permanently shifted — Polygon founder

Crypto Giants Scramble for Spot on Trump’s Promised Advisory Board: Report

Crypto Giants Scramble for Spot on Trump’s Promised Advisory Board: Report

Blue-chip crypto firms are reportedly scrambling to obtain a spot on President-elect Donald Trump’s promised advisory board. According to a new report by Reuters, US crypto industry giants – including payments firm Ripple Labs, crypto exchange Kraken, stablecoin issuer Circle, and venture capitalist firm Andreessen Horowitz – are all currently competing for spots on Trump’s […]

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Crypto market cycle permanently shifted — Polygon founder

Bitcoin still has ’a long way to go’ at $90K: Cathie Wood

Continued market momentum will be driven by “regulatory relief,” one of the most important things expected from the new US administration, said ARK Invest’s Cathie Wood.

Bitcoin may have recently hit a new all-time high above $90,000, but ARK Invest’s Cathie Wood says it still has a “long way to go.” 

She pointed out that Ark was the first public asset manager to gain exposure to Bitcoin in 2015 at $250, “and we still at $90,000 think we have a long way to go,” she said in an interview on CNBC’s Squawk Box on Nov. 15. 

Wood said the continued momentum would be driven by “regulatory relief,” one of the most important things expected from the new United States administration.

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Crypto market cycle permanently shifted — Polygon founder

Consensys pushes back against regulatory ‘gaslighting’ with new sovereignty platform

Crypto companies have been “living in fear in a gas-lit world for a long time,” said Ethereum co-founder Joe Lubin. 

The founder of Ethereum software solutions provider Consensys, Joseph Lubin, announced the launch of a new project called Network State where people can declare their “personal sovereignty.” 

“We’re on the verge of a paradigm shift that will be heard around the world,” said the Ethereum co-founder in a post on X unveiling the new platform on Nov. 14.

Lubin said Consensys is “on a mission to catalyze a Network State within the emerging decentralized Web3 and AI global economy.”

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Crypto market cycle permanently shifted — Polygon founder

a16z sees ‘greater flexibility to experiment’ with crypto under Trump

Legal and policy experts from the crypto arm of a16z are confident that “the future of crypto in the US is bright.” 

The crypto arm of venture capital firm Andreessen Horowitz (A16z) said that there will be  “greater flexibility to experiment” as the regulatory landscape for crypto improves in the United States.

“While we’ll likely have greater flexibility to experiment, we can’t forget that the fundamental regulatory principles applicable to blockchain systems remain unchanged,” it stated before adding that this means that “where there is trust, there is regulation” still applies.

A16z Crypto legal and policy experts Miles Jennings, Michele Korver, and Brian Quintenz shared their positive outlook for crypto regulations in a blog post on Nov. 10, days after Donald Trump’s presidential election victory on Nov. 6.

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Crypto market cycle permanently shifted — Polygon founder