Jesse is a graduate of Western Washington University, where he studied journalism and history. “A regulatory approach should recognize the differences across qualified custodians exist for some crypto assets,” Peirce said, at Friday’s event. “We are bullish on BTC in the medium term due to expectations of monetary and fiscal easing in response to tariff-driven slowdowns,” one trader said. “It was the first time to be there in the room with these new market participants in an open and welcoming way without stigma,” Pham said. She emphasized the need for “a principles-based regulatory framework that allows for fair competition and responsible innovation,” adding that the CFTC had already rescinded crypto-related advisories from 2018 to reflect how much the market has evolved. Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.
The project’s website claims that 80% of the token supply is held by the Trump Organization and affiliated entities. President Trump has since taken numerous steps to pay the industry back, signing an executive order to create a strategic bitcoin reserve and pardoning three co-founders of the BitMEX global cryptocurrency exchange as well as Silk Road founder Ross Ulbricht. The crypto industry https://finotraze.org/ was critical to President Donald Trump’s election victory in November, pumping money into his campaign as well as supporting congressional candidates viewed as friendly to its efforts, following a tumultuous four years during Joe Biden’s presidency. To have the latest news means to be the first in making meaningful choices and to know everything significant before your competitors do.
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The token is up by over 70% weekly, prompting questions whether the dinner invite was a stunt to dump TRUMP.
- President Trump’s personal meme coin — $TRUMP — was announced just before the inauguration in January and currently has a market cap of about $2.7 billion.
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- At its core, a stablecoin is a digital token pegged to a fiat currency like the U.S. dollar, designed to offer the speed and accessibility of crypto without the volatility of assets like Bitcoin or Ethereum.
- The company stack is worth more than $52 billion at bitcoin’s current price of $95,000.
Crypto.news is a leading name in the cryptocurrency news space, providing the latest and most relevant updates on Bitcoin, Ethereum, and Ripple ecosystems. Setting the industry standard in journalism, crypto.news covers a wide array of topics ranging from Bitcoin, Ethereum, altcoins, regulations, NFTs, DeFi, Metaverse, and blockchain technology. Crypto.news also offers an opportunity to earn free Bitcoin through a range of Bitcoin faucets. To stay updated with the latest in Bitcoin News, Ethereum News, Ripple News, and all other developments in the digital assets industry, follow crypto.news. Trump, who once called Bitcoin a “scam,” has embraced the industry—and the industry has embraced him right back. During the 2024 election cycle, crypto companies and executives poured tens of millions into campaign donations, helping usher in a Congress far more friendly to digital assets.
Since then, both the House and Senate have advanced bills—the STABLE Act and the GENIUS Act—out of committee, setting the stage for what could be the first major piece of crypto legislation in U.S. history. The panelists agreed that a focused, narrow bill regulating stablecoins could help cement the U.S. dollar’s dominance in a digital future. They argued that Congress should pass stablecoin legislation now, before broader fights over crypto market structure derail the opportunity.
The FDIC will continue to engage with the President’s Working Group on Digital Asset Markets and expects to issue further guidance in the future to provide additional clarity regarding banks’ engagement in particular crypto-related activities. We cover everything as it happens, from breaking news and major developments to the latest trends. We also offer in-depth analyses, breaking down what the news means to the market. The crypto sector has high hopes for Atkins, though his stand-in for the past few months — Commissioner Mark Uyeda — already took a number of decisive actions to reverse the regulator’s earlier crypto reluctance under former Chair Gary Gensler.
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Supporters argue that they could bolster the dollar’s global standing, provide lifelines to inflation-stricken economies, and modernize the U.S. financial system. Securities and Exchange Commission was a crypto roundtable on Friday, where the new agency chief devoted his inaugural speech to assuring the industry that he’ll continue to remake securities policy to favor digital assets innovation. Until now, industry expectations for Atkins’ leadership were based on conjecture rooted in his experience advising and investing in digital assets firms, especially since his Senate confirmation hearing failed to explore his crypto views. The half-day session at the SEC’s headquarters in Washington, D.C., is a notable event for Atkins, and comes just weeks after the SEC formally dropped its long-running lawsuit against Ripple, a symbolic end to a four-year battle between the regulator and the crypto industry. Crypto leaders, regulators and legal experts were on hand to primarily discuss the issue of custody, or the safeguarding of digital assets. Trump’s own growing entanglement with the crypto industry—including the launch of a Trump-branded stablecoin through World Liberty Financial, the crypto venture backed by his family—has already sparked ethical concerns.
Ripple (XRP) Price Predictions for This Week
Canada’s 45th election turned out to be a close one as polls narrowed in the days leading up to the end of the campaign. Pham, who was nominated by former President Joe Biden as CFTC commissioner and then designated acting chair by Trump, noted the current Administration has made crypto a much larger focus. “The previous Administration had been quite skeptical of the crypto industry, if not downright hostile,” she said. In contrast, she praised the Trump Administration’s openness, citing the first-ever White House Crypto Summit last month—just a day Trump signed an Executive Order establishing a “Strategic Bitcoin Reserve.” TRON DAO’s involvement highlights commitment to nurturing blockchain innovation through strategic dialogues and collaborations. Atkins delivered the opening remarks alongside SEC Commissioners Caroline Crenshaw, Mark Uyeda, and Hester Peirce.
As interim chairman, Uyeda reversed or sidelined a number of crypto policy efforts pursued under Gensler and has abandoned most of the regulator’s prominent enforcement actions targeting the industry. The SEC is weighing revisions to its controversial custody rule, first proposed under Gensler, which many in the crypto industry argue was unworkable for blockchain-based assets. The proposal stalled, and Friday’s roundtable signals renewed interest in finding a compromise. That’s a big boon to the president and his family members, who have multiple lucrative crypto projects on the market. President Trump’s personal meme coin — $TRUMP — was announced just before the inauguration in January and currently has a market cap of about $2.7 billion.
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There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The stablecoin issuer received in-principle approval from ADGM’s Financial Services Regulatory Authority to operate as a money services provider. Mastercard’s new global system aims to make stablecoin transactions as seamless as traditional payments.
