President Donald Trump has nominated financial expert Paul Atkins, known for advocating lighter regulations, as the new SEC Chair.

President-elect Donald Trump is set to nominate former SEC Commissioner Paul Atkins to lead the Securities and Exchange Commission (SEC), reinforcing his commitment to a crypto-friendly administration. This announcement follows the resignation of current SEC Chair Gary Gensler, whose last day in office will coincide with Trump's inauguration on January 20.

Donald Trump has nominated pro-crypto Paul Atkins as SEC chair, signaling a strong shift toward innovation-friendly policies and a transformative era for digital assets. Crypto-Friendly Policies in the Works? Trump's SEC Pick Signals Major Shift U.S.

President-elect Donald J. Trump on Thursday announced Paul Atkins as his nominee to lead the U.S. Securities and Exchange Commission (SEC).

President-elect Donald Trump confirmed Paul Atkins' nomination as the next US Securities and Exchange Commission (SEC) chairman in a Dec. 4 Trust Social post. Trump stated that Atiks “recognizes that digital assets and other innovations are crucial to making America greater than ever before.

DeFi.app, branding itself as "the Robinhood of DeFi," has raised $2 million in a seed funding round at a $100 million token valuation.

The most anticipated question of who could be the next SEC Chair has finally come to an end, as President-elect Donald Trump in his latest Truth social post noted that he officially nominates Paul Atkins as the next SEC Chair.

India is a leading country on crypto adoption, with digital asset revenues expected to surpass $6 billion in 2024.

The Indian government has uncovered significant unpaid Goods and Services Tax (GST) liabilities from cryptocurrency exchanges, including Binance and WazirX.

The crypto industry continues to attract key players in the financial sector who once harbored doubts. Ken Griffin, the CEO of Citadel, has voiced his regret regarding missed opportunities in the crypto market from several years back.

The President-elect called Atkins a "proven leader for common sense regulations."

Crypto exchanges clocked more than $10 trillion in volume across spot and derivatives markets, CCData said.

The new offering will be available across all Crypto.com card tiers with up to 8% rewards on spending.

Coinbase chief executive Brian Armstrong thinks crypto companies shouldn't work with law firms that hire former regulators who policed the digital asset space during the Biden Administration. Armstrong blasted the law firm Milbank LLP for hiring Gurbir S. Grewal, a former director of the Division of Enforcement for the U.S. Securities and Exchange Commission (SEC).

The president elect Donald Trump has announced that Paul Atkins will be the next chair of the Securities and Exchanges Commission (SEC) with Trump stating:

President-elect Donald Trump, keeping with his promise for a crypto-friendly administration, plans to nominate former SEC Commissioner Paul Atkins to head the agency,.

US President-elect Donald Trump has picked pro-crypto Paul Atkins as the next chair of the US Securities and Exchange Commission. Atkins will replace the current US SEC chair, Gary Gensler, who will resign on January 20, the same day Trump becomes president.

Woori Technology, a South Korean venture capital firm, is reportedly considering selling its stake in Dunamu, the parent company of the Upbit crypto exchange. Upbit is the largest crypto trading platform in the East Asian country.

A hidden cryptocurrency mining operation was discovered in the basement of the University of Wrocław, according to police spokesman Wojciech Jabłoński, as reported by tvpworld.com. Covert Mining Operation Sparks Investigation at the University of Wrocław The operation was reportedly uncovered after smoke emerged from ventilation ducts at the university's law department.

Missouri lawmakers have been trying hard to pass an anti-CBDC bill, and one of these days they may succeed.

Representative Mike Collins has been dabbling in memecoin Ski Mask Dog, buying some this week and revealing that the memecoin draw extends even to Congress.

The cryptocurrency market's evolution continues apace as institutional and retail money flows reshape trading dynamics. With a total market capitalization of $3.73 trillion, both traditional and crypto-native institutions are leaving their mark across multiple market segments. Institutional capital flows most visibly through the growing ETF ecosystem. Bitcoin ETFs have accumulated $104.

The maturing crypto options market is aiding investors in implementing customized strategies for hedging, leverage, and yield generation while enhancing market sentiment analysis, says Dennis Ehlert.

Current weekly views remain below the all-time high of 9.3 million, indicating potential room for growth in retail engagement.

The worldwide usage of cryptocurrencies including stablecoins in online trades is wanting. That's per a new IDA Finance and Quinlan Associates payments report.

Hut 8 announces a $500M at-the-market offering to expand its digital infrastructure and acquire Bitcoin reserves, alongside a $250M stock buyback plan designed to deliver shareholder value and support long-term financial goals amid volatile market conditions. The post Hut 8 Launches $500M ATM Program and $250M Stock Repurchase Plan appeared first on Cryptonews.

A UK-led investigation uncovered a crypto laundering network used by Russian spies and European drug traffickers to evade sanctions through cryptocurrency.

U.S. President-elect Donald Trump's pro-crypto stance is prompting small businesses to allocate portions of their cash to bitcoin, challenging the dominance of traditional assets as companies look for more robust inflation hedges.

Cryptocurrency exchange Coinbase has upgraded its Coinbase One subscription program and launched a new tier called Coinbase One Premium. With these new offerings, “Coinbase One now truly benefits all types of traders,” the company said in a Wednesday (Dec. 4) press release.

Base, the Layer-2 network based on Ethereum and developed by Coinbase, has officially confirmed that it will not launch its own token, denying the speculations that were circulating after the rapid growth of the platform.

Canadian fintech company Nuvei has unveiled a new blockchain solution targeting merchants across Latin America. In an announcement on Dec. 4, Nuvei revealed it would be partnering with several companies to bring this solution to the region.

Many memecoiners thought retail investors would fall head over heels for memes, but they appear to be more interested in “dino coins” like XRP and TRX.

TL;DR Bitcoin reaches a new all-time high of $99.4k, but several risk indicators suggest potential demand exhaustion in the market. The concentration of supply between $87k and $98k indicates that a correction could face resistance due to the lack of available supply.

The US Government transferred $33.6M in seized crypto from FTX wallets to undisclosed addresses. Assets include 5,024 ETH and $13.58M in BUSD. These moves raise speculation about transparency and management strategies for seized digital assets amid increasing scrutiny of FTX's collapse. The post U.S. Government Transfers $33.6 Million in Seized FTX Crypto to Strange Addresses appeared first on Cryptonews.

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MetaMask and Linea introduce a #CryptoHolidayChallenge, offering users in Europe, the UK, and Switzerland a chance to win USDC rewards by showcasing their MetaMask Card usage this holiday season.

Key Points:

The Russian president said cryptocurrencies will continue to develop no matter what happens to the U.S. dollar.

Bybit is cautiously expanding its reach into China by allowing VPN-based access to users while also planning a regulatory comeback in Hong Kong.

Safe has launched Safenet, a cross-chain transaction processor network inspired by Visa, aiming to enhance on-chain and cross-chain transactions, with an alpha release planned for early 2025 to improve liquidity and scalability in decentralized finance. The post Safe Aims for Visa-Like Crypto Payments with Safenet Cross-Chain Transactions appeared first on Cryptonews.

Aerodrome Finance (AERO), the largest DeFi protocol on Coinbase's L2 Base, and Kaia (KAIA), a product of Klaytn's rebranding, have seen their key tokens listed by Binance Futures in the USD-margined section. Both assets are available for trading with up to 75x leverage.

In early November, SEC Commissioner Hester Pierce delivered a fierce speech emblematic of her pro-crypto stance, offering a critique of her agency's hostile treatment of digital assets and other innovative financial technologies in the United States. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law.

The chief executive of blockchain intelligence platform CryptoQuant believes a potential incoming altseason will not be like prior ones for one key reason.

The reason memecoins are so popular right now is the huge eye-popping returns. And if you are new to crypto, you might think that's the only way to make big money.

Camino Network is joining forces with e-money provider Monerium to advance on-chain payments in the travel industry.

The company announced its plans to cease operations by January 2025. In December, RTFKT will issue its last collection, the MNLTH X.

Explore key crypto trends for 2025, including AI's role in blockchain, stablecoin adoption by enterprises, and onchain government bonds, according to a16z crypto.

The Australian Securities and Investments Commission (ASIC) is inviting public feedback on proposed changes to its crypto regulation framework, as outlined in a Dec. 4 announcement. According to the statement: “ASIC's position continues to be that many digital assets are financial products under the current law.