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Watcher.,Guru

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Watcher.,Guru

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@0x2105b08e9be945c6182b31595f0065a8d7a5ae40

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  • JUST IN: Silk Road Founder Ross Ulbricht seen out of prison following pardon from President Trump.
  • SEC launches new crypto task force to develop "comprehensive and clear regulatory framework for crypto assets." In a recent announcement, the US Securities and Exchange Commission (SEC) announced the launch of a brand new crypto task force. Specifically, the agency is set to develop “a comprehensive and clear regulatory framework for crypto assets,” according to a recently released press release. The announcement is part of the expected changes to come from the incoming administration. With Donald Trump officially inaugurated into office Monday, he announced the appointment of Mark Uyeda as acting chair of the agency. His presence comes following former Chair Gary Gensler’s resignation this week. SEC Launching Crypto Task Force to Develop New Regulatory Framework For the last several years, the SEC has developed a rather contentious relationship with the digital asset sector. Under the former Biden Administration, the agency adopted a regulation-by-enforcement approach. As a result, companies like Ripple found themselves engaged in a years-long court battle with the agency. Yet, that has begun to change today. With Donald Trump beginning his second consecutive term as US President Monday, the SEC has announced the launch of a crypto task force dedicated to the formulation of a clear regulatory framework for which the industry will be governed. Chairman Uyeda announced the framework, with Commissioner Hester Peirce set to lead it. “Drawing from talented staff across the agency, the Task Force will collaborate with Commission staff and the public to set the SEC on a sensible regulatory path that respects the bounds of the law,” the agency said. Additionally, they noted things like clear regulations and a pathway to registration “have been elusive.” Moreover, they noted, “The SEC can do better.” The task force appears to be the first step in that pursuit. It could be the beginning of the United States’ path to being a global crypto leader.
  • Nancy Pelosi files new stock trades ahead of President Trump's inauguration.
  • TikTok restores service in the United States.
  • TikTok restores service in the United States.
  • Coinbase Launches Bitcoin Loans for US Users In what is surely an important development for the digital asset industry within the country, Coinbase has officially launched Bitcoin loans for US users. Indeed, users in the United States will once again be able to get BTC loans directly from the cryptocurrency exchange. The returning feature is a key part of the platform’s recent partnership with centralized finance lender Morpho. Currently, access to the new crypto-based loans is available to all American customers outside of the state of New York. Moreover, they are expected to expand the offering in the coming years. Coinbase Brings Back Bitcoin Loans for US Customers Through New Partnerships Things are expected to change for the US cryptocurrency market. In four days, US President-elect Donald Trump is set to be inaugurated. Moreover, he is poised to bring with him a complete overhaul of the regulatory challenges that have stifled the market’s growth in the country over the last four years. That reality has seemingly emboldened a host of companies to embrace expansion. Among them is Coinbase, which has officially launched the return of Bitcoin loans to its US users. Indeed, the cryptocurrency exchange is bringing back the feature following a recent partnership, according to a DL News report. There is no denying that cryptocurrency lending has a checkered history, to say the least. During 2022’s harrowing crypto winter, a plethora of lending platforms ultimately collapsed. Celsius, Genesis, and BlockFi were among the billion-dollar firms that would end the year bankrupt. Additionally, they would cause billions in losses. However, Coinbase has promised to learn from those mistakes. Indeed, the company notes that its Bitcoin loans are far different this time. They are operating simply as the middleman. Moreover, they will be powered by a lending protocol in Morpho that currently has $3.7 billion in deposits.
  • JUST IN: UFC's Dana White, who endorsed President Trump, joins $META board after invitation from Mark Zuckerberg.
  • JUST IN: UFC's Dana White, who endorsed President Trump, joins $META board after invitation from Mark Zuckerberg.
  • Strive Asset Management co-founded by Vivek Ramaswamy files to launch a "Bitcoin Bond" ETF.
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