Treasury Secretary Signals US Plans to Acquire More Bitcoin for Reserve

March 7, 2025 Bitcoin.com

The U.S. plans to acquire more bitcoin to expand its strategic reserve beyond seized assets, Treasury Secretary Bessent said, outlining the government’s approach to crypto accumulation. Treasury Secretary Bessent Unveils Plan for America’s First Bitcoin Reserve Treasury Secretary Scott Bessent shared plans on Friday for the United States to build a strategic bitcoin reserve following […]

700 SEC Staff Resign as Trump’s Crypto Revolution Blasts Through Washington

US Dollar Reserve Dominance Slipping—Expert Warns Trump’s Policies Fuel the Drop

March 7, 2025 Bitcoin.com

bitcoin.com

Trump’s policies are undermining the U.S. dollar’s role as the world’s reserve currency, a financial expert warns, as global markets and major economies seek alternatives. Trump’s Policies Fuel Global Shift Away From US Dollar U.S. President Donald Trump’s policies are accelerating a global shift away from the dollar, warns Nigel Green, CEO of financial advisory […]

700 SEC Staff Resign as Trump’s Crypto Revolution Blasts Through Washington

Ripple Backs National Crypto Initiative With $50M as US Adoption Accelerates

March 6, 2025 Bitcoin.com

Ripple Backs National Crypto Initiative With M as US Adoption Accelerates

bitcoin.com

Ripple is backing crypto’s mainstream rise with a $50 million grant to the National Cryptocurrency Association, fueling education and real-world adoption across the U.S. National Cryptocurrency Association Kicks off With $50M From Ripple to Fuel US Crypto Growth The National Cryptocurrency Association (NCA), a new initiative aimed at increasing cryptocurrency literacy across the United States, […]

700 SEC Staff Resign as Trump’s Crypto Revolution Blasts Through Washington

US Lawmakers Launch ‘Congressional Crypto Caucus’ To Ensure Global Leadership in Setting Digital Asset Standards

March 5, 2025 The Daily Hodl

congressional crypto caucus

Two US lawmakers have launched a bipartisan “Congressional Crypto Caucus” in an effort to advance a digital asset policy agenda. House Reps. Ritchie Torres (D-NY) and Tom Emmer (R-MN) say in a press release that the caucus will “defend open, permissionless and private innovation in the United States.” “The Crypto Caucus will help advance a […]

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700 SEC Staff Resign as Trump’s Crypto Revolution Blasts Through Washington

Trump’s first week in office: Will crypto regulation take a back seat?

January 17, 2025 Coin Telegraph

Coin Telegraph

Crypto investors and commentators are hopeful ahead of Trump’s inauguration, anticipating innovation-friendly regulations from his first day in office.

Crypto investors are increasingly optimistic as they await the inauguration of US President-elect Donald Trump on Jan. 20, anticipating more innovation-friendly regulations in the world’s largest economy.

Investors are also eagerly anticipating Paul Atkins as Trump’s pick for the new Securities and Exchange Commission chair.

While Trump has previously highlighted his intentions to bolster crypto innovation in the US, issuing regulatory frameworks takes time, according to Anastasija Plotnikova, co-founder and CEO of Fideum — a regulatory and blockchain infrastructure firm focused on institutions.

700 SEC Staff Resign as Trump’s Crypto Revolution Blasts Through Washington

US Senate Banking Committee chair says crypto framework will be a priority

January 15, 2025 Coin Telegraph

Coin Telegraph

With a Republican majority having taken control of the US Senate in January, Tim Scott said the Banking Committee would have an “open-minded environment” for digital assets.

Republican Senator Tim Scott, recently elected chair of the US Senate Banking Committee, announced that developing a regulatory framework for digital assets would be one of the body’s priorities in the 119th Congress.

In a Jan. 15 notice, Senator Scott said the Banking Committee intended to focus on policies for financial inclusion that “create opportunity” in the US. The committee’s list of priorities included affordable housing, economic national security, oversight and digital assets.

“Under Chair Gensler, the SEC refused to provide clarity to the cryptocurrency industry, which has forced projects overseas,” said Scott. “Moving forward, the committee will work to build a regulatory framework that establishes a tailored pathway for the trading and custody of digital assets.”

700 SEC Staff Resign as Trump’s Crypto Revolution Blasts Through Washington

Crypto deregulation under Trump: Promises vs reality

January 13, 2025 Coin Telegraph

Coin Telegraph

The incoming US president will have the authority to enact many policies favorable to crypto users after taking office next week.

With seven days until US President-elect Donald Trump takes office, many in the crypto industry have been monitoring his prospective staff picks and policy announcements.

Since shifting from calling Bitcoin (BTC) a “scam” in 2021 to claiming to embrace the technology during his 2024 presidential campaign, Trump has made many promises to the digital asset industry that could affect regulation and enforcement. Though there is no way to know if he intends to prioritize those promises — or fulfill them at all — after taking office, there has already been some movement in the regulatory landscape before his scheduled inauguration.

At the Bitcoin 2024 conference in July, Trump promised to fire US Securities and Exchange Commission Chair Gary Gensler on his first day in office, Jan. 20. Many speculated that Gensler would be more likely to announce his resignation ahead of any Trump presidency, despite the SEC chair’s term ending in June 2026.

700 SEC Staff Resign as Trump’s Crypto Revolution Blasts Through Washington

CFPB proposes crypto firms refund users for funds lost to hacks

January 10, 2025 Coin Telegraph

Banking

A proposed CFPB rule could allow crypto users to have protections similar to those of US bank account holders by considering the definition of “funds.”

The US Consumer Financial Protection Bureau (CFPB) has proposed a rule that could require crypto asset service providers to reimburse users for funds stolen through illicit activities, including hacks.

In a Jan. 10 notice, the CFPB proposed a rule that could allow accounts or wallets using “emerging payment mechanisms” set up for personal use to be subject to similar protections as fiat bank accounts.

The US regulator suggested that the same rights that “guard against error and fraud” under the Electronic Fund Transfer Act (EFTA) could protect consumers transacting in stablecoins or “any other similarly-situated fungible assets that either operate as a medium of exchange or as a means of paying for goods or services.”

700 SEC Staff Resign as Trump’s Crypto Revolution Blasts Through Washington

Blender and Sinbad operators face US money laundering charges

January 10, 2025 Coin Telegraph

Coin Telegraph

Two Russian nationals face charges of conspiracy to commit money laundering and operating an unlicensed money-transmitting business, while one remains at large.

The US Justice Department has indicted three Russian nationals alleged to have committed money laundering due to their involvement in operating cryptocurrency mixers Blender.io and Sinbad.io.

In a Jan. 10 notice, US authorities said a federal grand jury in the Northern District of Georgia returned an indictment for Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik and Anton Vyachlavovich Tarasov.

The indictment alleged that the crypto-mixing services operated by the three men allowed criminals to launder funds “stolen from victims of ransomware, virtual currency thefts, and other crimes,” according to US Attorney Ryan Buchanan.

700 SEC Staff Resign as Trump’s Crypto Revolution Blasts Through Washington

Court stays order in SEC v. Coinbase case pending appeal

January 7, 2025 Coin Telegraph

Coin Telegraph

Judge Katherine Failla granted Coinbase’s request for an interlocutory appeal, citing different courts’ interpretations of what constituted a security under the SEC’s purview.

Cryptocurrency exchange Coinbase won a small victory in its civil case against the US Securities and Exchange Commission (SEC) after a federal judge granted an order for an interlocutory appeal.

In a Jan. 7 filing in the US District Court for the Southern District of New York, Judge Katherine Failla granted an appeal for an order denying Coinbase’s motion for judgment, which she filed in March 2024. Judge Failla ordered all proceedings in the case to be stayed until the Second Circuit ruled on an interlocutory appeal over the order.

One of the crucial arguments for the SEC’s case against Coinbase was alleging that “certain transactions involving crypto-assets qualified as investment contracts within the SEC’s regulatory purview,” i.e., as securities. Judge Failla said there was a “possibility of reversal” of her interpretation of investment contracts based on the Howey test, granting Coinbase’s appeal.

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