In recent statements, Hashkey Group CEO Xiao Feng has highlighted a significant and potentially transformative connection between U.S. cryptocurrency policy and China’s stance on digital assets. His remarks underscore how changes in the regulatory landscape in the United States could influence China’s historically cautious approach to cryptocurrencies like Bitcoin (BTC). Feng’s insights provide both optimism
Regulation
The recent announcement by US President-elect Donald Trump regarding the formation of a new initiative, the Department of Government Efficiency (DOGE), represents a notable intersection of politics and technology. Appointing tech luminary Elon Musk and former presidential candidate Vivek Ramaswamy to spearhead this initiative promises to attract significant attention not only in political circles but
In a recent discourse, Christopher Waller, a governor at the Federal Reserve, articulated a critical stance regarding the necessity of a central bank digital currency (CBDC) in the United States. His remarks, delivered during The Clearing House Annual Conference 2024 on November 12, sparked a vital conversation about the potential role of CBDCs in the
As the political chess board shifts in the United States, the implications for the cryptocurrency sector are profound. Venture capital firm Andreessen Horowitz (a16z) has expressed a hopeful outlook towards the potential reelection of Donald Trump, viewing it as a catalyst that could invigorate the U.S. crypto landscape. Their leaders, Miles Jennings, Brian Quintenz, and
The United States Securities and Exchange Commission (SEC) has once again put a pause on the approval process for options trading linked to Ethereum exchange-traded funds (ETFs). This decision, communicated in a filing dated November 8, highlights the regulatory body’s cautious approach to the rapidly evolving cryptocurrency market. The postponement is particularly noteworthy as it
As President-Elect Donald Trump prepares for his transition into office, there is palpable anticipation regarding the shifts within the leadership of key financial agencies in the U.S. Reports indicate that his transition team is exploring a selection of corporate attorneys and seasoned regulators to fill influential positions, notably within the Securities and Exchange Commission (SEC).
In recent developments, France’s National Gaming Authority (ANJ) has set its sights on Polymarket, a prominent cryptocurrency prediction marketplace. This action represents a significant regulatory intervention in the realm of digital gambling, indicating the French government’s increasing wariness regarding how cryptocurrency platforms operate within their jurisdiction. Polymarket, which has surged in popularity by allowing users
In a recent memo dated November 6, Matthew Hougan, Chief Investment Officer at Bitwise, expressed a strong belief that Donald Trump’s election victory could herald a transformative period for the cryptocurrency market, likening it to a potential “Golden Age of Crypto.” According to Hougan, the incoming administration is poised to foster a more favorable regulatory
In a significant move for cryptocurrency investment options, 21Shares has added its name to the growing roster of firms petitioning the U.S. Securities and Exchange Commission (SEC) for a spot XRP exchange-traded fund (ETF). On November 1, 21Shares filed an S-1 registration form for its Core XRP Trust shares, aiming for a listing on the
In a noteworthy development, the U.S. Securities and Exchange Commission (SEC) has taken an aggressive stance against blockchain gaming platform Immutable by issuing a Wells notice. This comes amid a broader initiative to scrutinize cryptocurrency companies in the lead-up to the upcoming U.S. elections. Immutable’s recent blog post sheds light on the perceived implications of