Policy
Trump Picks Pro-Crypto Hedge Fund Manager Scott Bessent for Treasury Secretary
President-elect Donald Trump has nominated Wall Street titan Scott Bessent as Treasury Secretary.
Another SEC Democrat to Drop Out, Leaving Republicans Running Agency by February
Another Democratic commissioner on the Securities and Exchange Commission is following Chair Gary Gensler out the door in January, leaving the agency with a Republican majority as it weighs a likely course shift under the new administration of President-elect Donald Trump.
Polymarket Blocks French Traders Amid Gambling Inquiry
The new ban means French traders can no longer access the crypto powered prediction markets juggernaut.
UK to Draft a Regulatory Framework for Crypto, Stablecoins Early Next Year
The U.K.’s long awaited crypto rules are starting the legislative process just as the European Union’s take effect.
Binance Boosts Compliance Staff by 34% Year-Over-Year, Citing Industry’s ‘Rapid Maturation’
Binance, the world’s largest crypto exchange, says it expects to have 645 full-time compliance employees on staff by the end of the year — a 34% increase from last November — as it continues to rapidly build out its compliance department.
Bitwise Joins Mounting Race for Solana ETF
Crypto-investments firm Bitwise took a big jump Thursday toward offering a Solana exchange traded fund (ETF) in the United States.
U.S. SEC Loses Crypto Lawsuit Over ‘Dealer’ Definition That Pushed Into Crypto
A Texas federal court has rejected the U.S. Securities and Exchange Commission’s recent rule expanding the definition of a securities dealer to include a wider swath of firms — including some in the cryptocurrency sector. This adds a significant legal loss to the crypto legacy of SEC Chair Gary Gensler on the same day he announced his January departure.