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Industry execs seek positions on Trump’s crypto advisory council

Coin Telegraph
Industry execs seek positions on Trump’s crypto advisory council
Bitcoin

President-elect Trump promised the establishment of a strategic Bitcoin ‘stockpile’ during the Bitcoin 2024 event in Nashville Tennessee. 

Industry executives are reportedly seeking a seat at President-elect Donald Trump’s highly-anticipated crypto advisory council, which will be responsible for crafting regulatory policy and expected to establish a Bitcoin (BTC) strategic reserve.

According to a Reuters report, Coinbase, Ripple Labs, and venture capital firm a16z are among some of the firms looking to join the council. The council may be nestled under the White House’s National Economic Council, but this is not certain, and the council may operate as a separate, standalone entity.

Speaking at the North American Blockchain Summit on Nov. 21, Bitcoin advocate and co-founder of the Satoshi Action Fund Dennis Porter explained the importance of establishing a Bitcoin strategic reserve in the United States:

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CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

Bitwise CIO Matt Hougan Says Wall Street and Institutions Will Adopt Crypto Regardless of Election Results

The Daily Hodl
Bitwise CIO Matt Hougan Says Wall Street and Institutions Will Adopt Crypto Regardless of Election Results
crypto
Bitwise CIO Matt Hougan Says Wall Street and Institutions Will Adopt Crypto Regardless of Election Results

Donald Trump won the US presidential election on Tuesday, but Bitwise chief investment officer Matt Hougan thinks crypto was already on a long-term path to adoption regardless of who took the White House. Hougan noted in a recent analysis prior to the election that a Trump victory would help reduce regulatory risk for altcoins. However, […]

The post Bitwise CIO Matt Hougan Says Wall Street and Institutions Will Adopt Crypto Regardless of Election Results appeared first on The Daily Hodl.

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CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

Polymarket Odds: Trump Seizes Big Lead Over Harris in White House Race

Bitcoin.com
Polymarket Odds: Trump Seizes Big Lead Over Harris in White House Race
betting odds
Polymarket Odds: Trump Seizes Big Lead Over Harris in White House RaceAccording to Polymarket’s post on the social platform X, former President Donald Trump is nearing his largest lead since Vice President Kamala Harris joined the race. As of 12:11 p.m. EDT, Trump is in front with a 53% chance, while Harris follows closely with 46.4%. Trump Grabs Strong Lead Over Harris in Presidential Race, Polymarket […]
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CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

US Digital Asset Industry Looking for Clear Statement From Kamala Harris on Her Crypto Position: Jeremy Allaire

The Daily Hodl
US Digital Asset Industry Looking for Clear Statement From Kamala Harris on Her Crypto Position: Jeremy Allaire
Biden
US Digital Asset Industry Looking for Clear Statement From Kamala Harris on Her Crypto Position: Jeremy Allaire

The chief executive of stablecoin issuer Circle says that the US crypto industry is looking for a clear statement from presidential candidate Kamala Harris on her stance on digital assets. In a new interview with CNBC Television, Circle CEO Jeremy Allaire says that the digital assets industry is looking for Harris, who became the Democratic […]

The post US Digital Asset Industry Looking for Clear Statement From Kamala Harris on Her Crypto Position: Jeremy Allaire appeared first on The Daily Hodl.

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CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

Democrats Launch ‘Crypto for Harris’ — White House Officials Address Industry Concerns

Bitcoin.com
Democrats Launch ‘Crypto for Harris’ — White House Officials Address Industry Concerns
Anthony Scaramucci
Democrats Launch ‘Crypto for Harris’ — White House Officials Address Industry ConcernsSenior White House officials have reportedly engaged with cryptocurrency leaders to discuss industry concerns, facilitated by Representative Ro Khanna. This initiative continues the Biden-Harris administration’s efforts to engage with the crypto sector. Additionally, the Democrats have launched a “Crypto for Harris” initiative to help Vice President Kamala Harris gain support from the cryptocurrency community. Biden-Harris […]
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CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

Industry execs discussed crypto policy with White House officials: Report

Coin Telegraph
Industry execs discussed crypto policy with White House officials: Report
Coin Telegraph

Representatives from Coinbase, Kraken, Ripple and Circle reportedly attended a video call with US policymakers to discuss their approach to crypto regulation.

Several representatives from major cryptocurrency firms reportedly attended a video call with United States lawmakers, officials from the Biden administration and Kamala Harris’ staff. 

According to an Aug. 8 report from Yahoo Finance, industry leaders discussed how the Biden administration might “reset” its approach to crypto policy as President Joe Biden ends his term in January 2025 and through Harris’ campaign. Coinbase Global chief legal officer Paul Grewal, Kraken CEO David Ripley, Ripple CEO Brad Garlinghouse, and Circle CEO Jeremy Allaire reportedly attended the virtual event, initially reported as an in-person roundtable discussion.

The crypto executives reportedly pushed the Biden administration for regulatory clarity in the digital asset space, hinting at the removal of Securities and Exchange Commission (SEC) Chair Gary Gensler. Many in the industry have criticized the SEC under Gensler for bringing enforcement actions against crypto firms that seemingly do not have a clear path to operate legally in the US.

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CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

US Lawmaker Hosts Meeting to Help Kamala Harris Gain Crypto Industry Support

Bitcoin.com
Democrats Launch ‘Crypto for Harris’ — White House Officials Address Industry Concerns
Biden Administration
Democrats Launch ‘Crypto for Harris’ — White House Officials Address Industry ConcernsU.S. Congressman Ro Khanna will host a meeting to help Vice President Kamala Harris improve her relationship with the cryptocurrency industry. This is the second event of its kind in two months to aid Harris’ campaign efforts amid the Biden administration’s tough stance on crypto assets. Meeting Arranged to Help Vice President Kamala Harris Mend […]
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CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

Speculation Grows on Joe Biden’s Whereabouts; Polymarket Bets 57% Chance of Tuesday Address

Bitcoin.com
Speculation Grows on Joe Biden’s Whereabouts; Polymarket Bets 57% Chance of Tuesday Address
2024 election
Speculation Grows on Joe Biden’s Whereabouts; Polymarket Bets 57% Chance of Tuesday AddressFollowing U.S. President Joe Biden’s withdrawal from the 2024 election, many Americans are curious about his whereabouts since he has not spoken to the nation following his letter posted to X on Sunday. On Tuesday, a Polymarket bet is predicting whether Biden will “make an appearance today” after his campaign resignation. The betting odds on […]
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CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

White House Rehires Adviser Who Helped Develop Biden’s Executive Order on Crypto

Bitcoin.com
White House Rehires Adviser Who Helped Develop Biden’s Executive Order on Crypto
Biden Administration
White House Rehires Adviser Who Helped Develop Biden’s Executive Order on CryptoThe White House has rehired Carole House, who helped develop President Joe Biden’s Executive Order on Ensuring Responsible Development of Digital Assets, as Special Advisor for Cybersecurity and Critical Infrastructure Policy at the National Security Council. Previously, House worked at the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN), leading efforts on cybersecurity and virtual currency […]
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CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

Terraform Labs to shut down after $4.5B SEC settlement: Law Decoded

Coin Telegraph
Terraform Labs to shut down after .5B SEC settlement: Law Decoded
Australia

Terraform Labs plans to sell key projects within the Terra ecosystem and give the community control of the Terra blockchain.

Terraform Labs has agreed to pay the United States Securities and Exchange Commission (SEC) roughly $4.47 billion as part of its settlement with the securities regulator. The duo settled after a jury found Terraform Labs and its co-founder liable for the Terra ecosystem collapse, which erased $40 billion in investor assets.

Chris Amani, CEO of Terraform Labs, has announced that the firm will cease operations following the settlement. The company plans to sell key projects within the Terra ecosystem and give the community control of the Terra blockchain.

In other news, lawyers for blockchain payments company Ripple have asked a court to consider an “appropriate” civil penalty in its case with the SEC following a settlement between the regulator and Terraform Labs. The SEC has requested that Ripple pay roughly $2 billion in disgorgement, prejudgement interest and civil penalties. Ripple has argued it should pay no more than a $10 million penalty.

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CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

CryptoGo Alpha Test in Vietnam – Test Crypto Payments and Earn Exclusive Rewards

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