Tether’s $5B mint and political entanglements raise suspicion about industry
Unraveling Tether’s complex web of financial maneuvers and its impact on the global crypto market. Go to Source
Government
Auto Added by WPeMatico
Potential SEC chair pledges crypto-forward approach after Gensler resignation
Donald Trump has not yet named his pick for SEC chair to send to the Senate, but Commissioner Mark Uyeda offered a preview of the regulator’s approach to crypto in 2025. Go to Source
Texas’ gold-backed coin aims to help Bitcoin adoption, says lawmaker
The Texas state-issued digital currency is projected to encourage skeptical investors to eventually try out Bitcoin one day. Go to Source
Russia to restrict crypto mining in 13 regions to save electricity
If approved, the restrictions would seriously affect Russia’s crypto mining operations, as some key local industry firms have a heavy presence in regions like Irkutsk. Go to Source
Coinbase CEO to meet with Trump to discuss personnel appointments — WSJ
Before US Election Day, Brian Armstrong said Coinbase was “prepared to work” with either a Kamala Harris or Donald Trump administration Go to Source
Speculation looms over SEC leadership under Trump as rhetoric escalates
US Securities and Exchange Commission Chair Gary Gensler has not announced he will leave the commission, nor has Donald Trump suggested a possible replacement. Go to Source
US gov’t job could allow Elon Musk to defer capital gains tax
The ‘DOGE’ department proposed by Elon Musk could allow the Tesla CEO to divest many of his assets and defer paying taxes. Go to Source
Bitcoin corrects as US inflation data emerges — Is the rally to $100K at stake?
Bitcoin’s correction reflects investors’ inflation concerns and highlights the potential impact of future US fiscal policies. Go to Source
Pennsylvania lawmaker introduces bill for ‘strategic Bitcoin reserve’
The proposed legislation would allow the State of Pennsylvania’s Treasurer to invest up to 10% of its funds in Bitcoin, suggesting a multibillion-dollar investment. Go to Source
Crypto community hopeful about new Senate leader John Thune
Not endorsed by Donald Trump, Senator John Thune defeated the Elon Musk-supported Senator Rick Scott to become the new Senate majority leader. Go to Source
