President Donald Trump's crypto czar, David Sacks, held a joint press conference with House and Senate committee chairs to lay out initiatives regarding digital assets.

The SEC's 50-person crypto unit is getting a shakeup with some staff reassigned to other areas, The New York Times reports.

On February 4, 2025, David Sacks, recently appointed as the "Czar" of cryptocurrencies and artificial intelligence (AI) by the Trump administration, made a resounding announcement at a historic conference. Before an audience of investors, entrepreneurs, and regulators, he declared the end of the "persecution" of the crypto industry in the United States, a major turning point for the sector.

A Republican senator is backing legislation to create a framework for stablecoins. The bill floated by Tennessee's Bill Hagerty is designed to create a predictable regulatory environment for stablecoins, a form of cryptocurrency pegged to the stable assets such as the U.S. dollar, Bloomberg News reported Tuesday (Feb. 4).

Russia's Energy Ministry has unveiled plans to create a national registry of crypto mining rigs and other related hardware. The post Russia's Energy Ministry Wants to Create ‘National Registry of Crypto Mining Hardware' appeared first on Cryptonews.

Crypto exchange Coinbase is calling upon federal regulators to clarify rules allowing banks to offer digital asset services, challenging what it describes as unnecessary barriers in the crypto banking sector.

A representative of FTX creditors, Sunil, has confirmed that repayments for claims under $50,000 will begin at 10:00 a.m. Eastern Time on February 18, 2025. The post FTX to Begin Creditor Reimbursements on February 18, 2025 appeared first on Cryptonews.

The US Securities and Exchange Commission (SEC) just pulled the trigger on its new Crypto Task Force website. The platform officially opened today, inviting public input as the SEC tries to untangle over a decade of confusion and legal gridlock in crypto regulation.

“Crypto Mom” Hester Peirce provided extensive details on the SEC's new Crypto Task Force. It will delegate more enforcement and policy away from the SEC's purview, presenting risks and opportunities for the consumer.

But perhaps his most serious allegation is that Coinbase appears to be doing little to curb the issue.

Custodia Bank CEO Caitlin Long says Trump's crypto moves could lead to an upending of the public payment network.

The Thai SEC said that it would ensure open competition and allow firms to build independent chains.

Paul Grewal, the Chief Legal Officer of Coinbase, is scheduled to testify at a critical Senate hearing with a focus on “Operation Chokepoint 2.0.” The Senate Banking Committee has convened this hearing to examine allegations that regulatory agencies are deliberately limiting the access of crypto firms to banking services.

Hester Peirce outlines the SECs Crypto Task Force plans to clarify digital asset rules, focusing on regulatory clarity and innovation. The post SEC Commissioner Hester Peirce outlines Crypto Task Force priorities for digital asset regulation appeared first on Crypto Briefing.

Whales bought heavily during the recent market downturn, signaling renewed confidence in WLD, VIRTUAL, and ONDO. WLD ended 2024 with an 8% decline, but whale accumulation has pushed large holder addresses to all-time highs.

The SEC's new crypto task force lead has unveiled a list of priorities, all while taking aim at the "mess" created by the previous approach.

The Crypto Tax Force, established by Mark Uyeda, the Acting Chair of the US Securities and Exchange Commission (SEC), finally has a dedicated website. Here, interested persons, including those who wish to provide written input on the issues under the task force's purview, can request a meeting with the agency or email a designated address.

Bitcoin (BTC-USD) has been on a roller coaster ride of volatility as of late, with crypto asset fluctuations tied to market reactions to President Donald Trump's tariff actions. The cryptocurrency's price is currently hovering just below $100,000.

DEXs like Uniswap should not be held liable for user actions they can't control, the venture capital firm said.

The stablecoin bill from Senator Hagerty is on track to set the industry's on a working path.

The working group involving four congressional committees will be separate from one studying a Bitcoin reserve under Donald Trump's executive orders.

Edith Yeung, general partner at Race Capital, discusses the future of the global cryptocurrency market under President Donald Trump, eyeing opportunities in digital assets. She joins Caroline Hyde and Jackie Davalos on "Bloomberg Technology".

Peirce also urged crypto companies to be patient as the agency decides how to “disentangle” itself from litigation initiated under former Chair Gary Gensler.

The SEC's newly created crypto task force will take on a long list of priorities as the agency takes on a different direction.

A stablecoin bill proposed Tuesday will likely come first, lawmakers announced at a press conference from White House AI and Crypto Czar David Sacks.

Finacash, a leader in providing financial Blockchain solutions, is providing its users with a Web3 Prepaid Card which can be connected to any non-custodial wallet such as Keplr, Phantom, MetaMask, Trust Wallet, Coinbase Wallet, etc. Providing consumers to make everyday purchases with the Finacash Prepaid Card, it does not require KYC verification for balances under

David Sacks, Trump's crypto czar, said stablecoins could potentially strengthen U.S. dollar dominance hours after Senator Hagerty proposed the Genius Act.

Multicoin and Solana investor David Sacks is holding his first press conference at the Dirksen Senate Office Building, as the White House Crypto Czar, where he is expected to announce industry leaders who will join President Donald Trump's newly-formed advisory council. The expected appointees are likely to come from Ripple, Crypto.

Work is already underway to regulate stablecoins, with Sen. Bill Hagerty introducing a bill on Tuesday to create a regulatory framework.

As FTX prepares to begin repaying its creditors nearly three years after its dramatic collapse, industry leaders are reflecting on the significant lessons learned. FTX, once a towering presence in the cryptocurrency market, is set to start its first wave of reimbursements on February 18, 2025, focusing on claims under $50,000.

Landon Zinda, former policy director for crypto think tank Coin Center, is the task force's new senior advisor.

The CFTC is reviewing Crypto.com and Kalshi's Super Bowl event contracts as it seeks clarity on derivatives compliance and regulatory checks.

Former Coin Center policy director Landon Zinda has left the crypto advocacy group to join the SEC as a senior adviser.

Blockchain analysis firm Chainalysis has partnered with data and software solutions provider Lukka to enhance its Virtual Asset Service Providers risk product.

David Sacks, the newly appointed Crypto Czar, recently addressed the nation in a press conference, laying out the U.S. government's strategy to become a global leader in the digital asset space.

Paul Grewal, Coinbase's Chief Legal Officer (CLO), is set to testify at a congressional inquiry into Operation Choke Point 2.0. This testimony is only one component of a strategy to establish positive ties between the crypto community and the US federal government.

Coinbase Chief Policy Officer Faryar Shirzad says they evaluate every coin before listing to make sure it's cybersecure, there's no scam and it's not a security, and Trump's memecoin was no different. He speaks with Tim Stenovec and Katie Greifeld on "Bloomberg Crypto.

Moneta Chief Global Market Strategist and Senior Investment Advisor Aoifinn Devitt says crypto is very much a 'risk on' asset and wouldn't call it a safe haven. She speaks with Tim Stenovec and Katie Greifeld on "Bloomberg Crypto.

Coinbase Global Inc. is urging US banking regulators to clarify or amend their positions in order to allow banks to offer custody and trading execution services for cryptocurrencies as well as clear the path for them to partner with the likes of Coinbase. Coinbase Chief Policy Officer talks to Katie Greifeld and Tim Stenovec on "Bloomberg Crypto.

On today's episode of CNBC Crypto World, bitcoin hovers around $100,000 after the U.S. temporarily pauses tariffs on Canada and Mexico. Republican Senator Bill Hagerty of Tennessee announces a new bill to regulate stablecoins.

Chainalysis introduces advanced tools for assessing Virtual Asset Service Providers (VASPs), integrating off-chain data to enhance risk assessment and compliance processes.

Stripe closed its $1.1 billion purchase of Bridge Network.

David Sacks and the leaders of the congressional committees that will handle crypto legislation outlined their plans at a press conference.

Republican French Hill, chair of the House Financial Services Committee, said on Tuesday lawmakers from both chambers of the U.S. Congress would form a working group to develop policy favoring the development of the digital assets industry.

Crypto traders in India could end up shelling out significant tax penalties if they don't report their gains in a timely fashion. New legislation in the country of 1.46 billion people proposes that reporting entities must submit information regarding crypto transactions to India's tax authority. Gains that are reported late could garner significant tax penalties.

US Senator Bill Hagerty of Tennessee is introducing legislation aimed at establishing clarity on the regulation of stablecoins. Fox Business journalist Eleanor Terett reports on the social media platform X that Hagerty is introducing the GENIUS bill to the Senate today. “Today Senator Hagerty introduces his stablecoin bill in the Senate.

FTX will begin repaying creditors with claims under $50K starting February 18, 2025 – based on deposit values from November 2022 when Bitcoin was around $17K.

Coinbase is now facing a lot of public attention after ZachXBT, a crypto investigator, broke out news of a shocking social engineering scam that targeted Coinbase users, taking away a whopping $300 million of losses.