Eighteen Republican-led states have filed a lawsuit against the Securities and Exchange Commission (SEC), accusing the agency of overstepping its authority in regulating the $3 trillion crypto industry. They argue that, as a result of the SEC’s enforcement tactics, their rights to manage economic policies are being infringed. Furthermore, the
The UK government is to unveil its plans for cryptocurrency regulation in response to the fast-evolving industry. Following the victory of Donald Trump in the US presidential election, hailed by the crypto space, the UK faces increased pressure to provide clarity and supportive regulations for digital assets. The UK Treasury
President-elect Donald Trump has nominated Florida Congressman Matt Gaetz as the next U.S. Attorney General. Known for his strong stance on justice reform and cryptocurrency advocacy, Gaetz has gained attention for his criticisms of the Department of Justice (DOJ) under the Biden administration. If confirmed, he is expected to focus
President-elect Donald Trump announced Tuesday that Elon Musk and Vivek Ramaswamy will co-lead the new Department of Government Efficiency (DOGE). Trump selected Musk, the CEO of Tesla and SpaceX. Along with Ramaswamy, a former Republican presidential candidate, to head an effort focused on dismantling bureaucracy, slashing regulations, and reducing waste
The crypto community has gone haphazard with excitement as Bitcoin has continued its rally to the dream high of $88,000. The overall cryptocurrency market cap is also inching closer to the $3 trillion mark. According to recent reports, BTC’s market cap has surpassed that of silver on a global level.
A change in leadership, especially a nationwide one can instigate a wave of changes. With new presidential terms incoming in the USA, its leading crypto regulator, the Securities and Exchanges Commission (SEC) is also expected to undergo a leadership change. This is in accordance with Donald Trump’s promise to fire
USA welcomes aboard its 47th President, Donald Trump after a six-month-long campaign and endless promises from electoral candidates. Kamala Harris lost the battle at a close 4% with Trump taking the majority. During the campaigns, Donald Trump endorsed the crypto sector intensely, making several promises. Firstly, the president showed high
A crypto whale withdrew $5 million in USDC from Binance just 12 hours ago, making waves in the market. The funds are intended for a high-stakes bet on Kamala Harris winning the U.S. presidential election. A whale withdrew 5M $USDC from #Binance to bet on #Harris winning the #USelection 12
As the 2024 presidential election approaches, former President Donald Trump is emerging as a compelling candidate, particularly against the backdrop of current Vice President Kamala Harris. Trump’s policies, especially his strong support for cryptocurrency and innovative economic strategies, resonate with many voters seeking significant change. One of Trump’s pivotal initiatives
Since its origin, cryptocurrency has been closely intertwined with politics. The nature of the sector, with its open threat to centralized finance, has rendered politics to be its constant watchdog. Moreover, the need for regulations within digital assets, though contrary to crypto’s goals, still requires the involvement of political and
