Polymarket users bet on Canadian PM resigning amid reports he steps back
Many news outlets are reporting that Canadian Prime Minister Justin Trudeau could announce his resignation at a Jan. 6 press conference. Go to Source
Politics
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Members of US Congress backed by crypto PACs to take office on Jan. 3
Interest groups suggested that a majority of lawmakers in the US House of Representatives would be “pro-crypto” after the 2024 election. Go to Source
US crypto execs express hope for regulatory clarity in 2025
The new year will bring freshmen members of Congress and President-elect Donald Trump, who made big promises to the industry during his campaign. Go to Source
Ethena Labs partners with Trump’s World Liberty Financial
The announcement comes fresh on the heels of World Liberty’s purchase of $500,000 worth of ENA tokens. Go to Source
Trump’s inauguration may trigger crypto sell-off, says Arthur Hayes
Arthur Hayes published a “Trump Truth” blog post forecasting a massive crash in crypto markets following Donald Trump’s presidential inauguration in January. Go to Source
Trump meets with Crypto.com CEO as firm drops SEC lawsuit
The cryptocurrency exchange filed a suit against the SEC in October after receiving a Wells notice, but dropped it the same day its CEO met with the US President-elect. Go to Source
US lawmakers to make a last-ditch effort to confirm SEC commissioner
Caroline Crenshaw may still have one more chance to be confirmed for a second term as an SEC commissioner before the next session of Congress. Go to Source
Softbank announces $100B investment in US AI infrastructure
The announcement came at President-elect Donald Trump’s Mar-a-Lago estate in Florida. Go to Source
French Hill poised to chair House Financial Services Committee in 2025
The Arkansas Representative is expected to take over leadership at the House committee crucial to digital asset policy following the departure of Patrick McHenry. Go to Source
FTX debtors recover $14M in political donations
A bankruptcy court filing showed FTX’s debtors reached settlements with political action committees and state-level Democratic parties over political contributions. Go to Source