Trump’s Biggest Boon to Crypto Would Be Passing the Bitcoin Act: CoinShares
Under such a proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency’s total supply, the report said.
Policy
Trump’s Triumph Is Also Crypto’s: Gensler, Regulatory Clouds Likely to Vanish
Buoyed by donations and votes from a digital asset industry he aggressively courted, Trump won a second term to the White House in his third bid for the U.S.’s highest office.
Crypto Is a Clear Winner With Trump as GOP Takes Senate, Sherrod Brown Loses and Gensler Likely Heading for Door
Having $169 million to spend on U.S. congressional elections can produce fast results in Washington, as the crypto sector’s campaign-finance blitz this year helped rid it of a powerful Democratic senator who stood in the way of legislation and also populated Congress with a large number of new friends.
Live Updates: Crypto and the 2024 U.S. Election
Up-to-the minute coverage on the presidential and congressional races and how they stand to shape crypto legislation and regulation from CoinDesk.
Binance, CZ’s Lawyers File Motion to Dismiss Amended Complaint in SEC Lawsuit
Lawyers representing Binance and former CEO Changpeng “CZ” Zhao have made a fresh attempt to dismiss the Securities and Exchange Commission (SEC) lawsuit against them.
Singapore Pushes for Commercialization of Tokenization
The regulator has seen strong interest in tokenization among the fixed income, FX and asset management sectors.
Kemi Badenoch Is New Leader of U.K. Conservative Party
The leadership election was set-off by former Prime Minister Rishi Sunak’s decision to resign as party leader.
Tornado Cash Developer Roman Storm’s Trial Delayed Until April
Tornado Cash developer Roman Storm’s upcoming criminal trial has been pushed to April instead of a previously scheduled December start date, a New York judge ruled Friday.
Plan a Crypto Mine Near a U.S. Military Base? Expect a Bigger Hassle Now.
Foreign real estate deals near sensitive U.S. military bases will get more government scrutiny under a new rule from the U.S. Department of the Treasury that has emerged after President Joe Biden ordered a China-tied crypto mining operation beside a Wyoming nuclear missile base shut down earlier this year.
Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds
The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.