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
Government
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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
Trump hints at pushing through SEC chair with recess appointment
The Republican promised to fire SEC Chair Gary Gensler “on day one,” but a tweet suggested he would also attempt to circumvent the Senate confirmation process for a replacement. Go to Source
France considers ban on crypto betting platform Polymarket
France’s gambling regulator confirmed that it’s currently examining Polymarket and its compliance with French gambling legislation. Go to Source
Has Russia really ‘legalized’ cryptocurrency mining?
Russia’s crypto mining laws have filled the “regulatory vacuum,” but there is still a lot of legal uncertainty about many aspects of regulation. Go to Source
SEC cost crypto firms $426M under Gensler — Blockchain Association
The advocacy group called for crypto voters to support a change in leadership at the SEC, given Gary Gensler’s “regulation by enforcement” approach since 2021. Go to Source