In a surprising turn of events, incoming President Donald Trump’s transition team is reportedly considering plans to rebuild or potentially eliminate the Federal Deposit Insurance Corporation (FDIC), according to a report by The Wall Street Journal. This move has raised hopes within the crypto industry, as it could potentially lead to reduced federal oversight and…

Stefan Berger, a prominent figure in the European Parliament’s discussions on the digital euro, has made the decision to step down in order to address allegations of sabotage and to allow for progress to continue without controversy. Berger, who had been leading the Parliament’s work on the digital euro, had become a vocal critic of…

President-elect Donald Trump has recently announced plans to expedite permits for environmental approvals for companies investing $1 billion or more in the United States. This initiative is aimed at boosting energy projects such as gas pipelines, solar farms, and offshore wind turbines, as well as other large-scale enterprises. The proposal is expected to spark a…

In a shocking revelation, internal communications from the Federal Deposit Insurance Corporation (FDIC) have surfaced, indicating that the U.S. government instructed banks to suppress their involvement with crypto businesses in 2022. These documents, brought to light by Coinbase, shed light on the regulatory ambiguity that has created tension between crypto firms and federal banking authorities.…

In a bold move to further solidify his administration’s stance on cryptocurrency and artificial intelligence, U.S. President-elect Donald Trump has appointed venture capitalist David Sacks as the White House’s AI and crypto czar. This newly created position reflects Trump’s commitment to making the United States a global leader in the crypto industry. Sacks, a prominent…

Missouri has taken a bold step in the realm of digital currency by introducing a bill to ban central bank digital currencies (CBDCs) as legal tender and promote the use of gold and silver reserves. The bill, known as SB 194, was filed on December 1 and is sponsored by Senator Rick Brattin. It aims…

Australia’s securities regulator, the Australian Securities and Investments Commission (ASIC), has announced plans to implement stricter oversight of the cryptocurrency market in an effort to enhance consumer protection. The regulator has identified “practical licensing issues” surrounding stablecoins and wrapped tokens, prompting the release of Consultation Paper 381 on December 4. ASIC Commissioner Alan Kirkland emphasized…