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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.
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Nancy Pelosi files new stock trades ahead of President Trump's inauguration.
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TikTok restores service in the United States.
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TikTok restores service in the United States.
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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.
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JUST IN: UFC's Dana White, who endorsed President Trump, joins $META board after invitation from Mark Zuckerberg.
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JUST IN: UFC's Dana White, who endorsed President Trump, joins $META board after invitation from Mark Zuckerberg.
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Strive Asset Management co-founded by Vivek Ramaswamy files to launch a "Bitcoin Bond" ETF.
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Strive Asset Management co-founded by Vivek Ramaswamy files to launch a "Bitcoin Bond" ETF.
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Michael Saylor meets Donald Trump's son Eric Trump at Mar-a-Lago.
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Over $7.11 trillion was added to the US stock market in 2024.
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BlackRock's Spot Bitcoin ETF officially becomes the fastest-growing exchange traded fund in history.
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BlackRock's Spot Bitcoin ETF officially becomes the fastest-growing exchange traded fund in history.
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Billionaire Warren Buffett says he could end the United States deficit problem in five minutes. "You just pass a law that says any time there's a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election."
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KULR Technology, a publicly traded company purchases 217 Bitcoin worth $21 million for its Bitcoin Treasury.
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North Korean hackers stole crypto $1,300,000,000 this year..
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Hex and PulseChain founder Richard Heart wanted by Interpol on charges of tax evasion and assault.
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MetaMask expands its US pilot program for a crypto payment card, allowing users to pay directly from their wallets.
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BREAKING: $105,000 Bitcoin
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Elon Musk confirms X will launch its own email service.
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Elon Musk confirms X will launch its own email service.
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Amazon Founder Jeff Bezos to donate $1,000,000 to President-elect Trump's inaugural fund, WSJ reports.
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Amazon Founder Jeff Bezos to donate $1,000,000 to President-elect Trump's inaugural fund, WSJ reports.
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US Treasury compares Bitcoin to digital gold.
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German government's decision to sell 50,000 Bitcoin at $54K cost them $2.4 billion in missed profits.
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President-elect Trump congratulates Bitcoin holders on surpassing $100,000
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Bitcoin reaches new all-time high of $98,000
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Elon Musk's X sues Twitch, accusing the streaming platform and other companies of illegally conspiring to boycott advertising on X (Twitter), BI reports.
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Elon Musk's X sues Twitch, accusing the streaming platform and other companies of illegally conspiring to boycott advertising on X (Twitter), BI reports.
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JUST IN: Elon Musk rejected Sam Altman's 2018 proposal for OpenAI to launch a cryptocurrency, court filing reveals. "It would simply result in a massive loss of credibility for OpenAI and everyone associated with the ICO," Musk said.
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JUST IN: Elon Musk rejected Sam Altman's 2018 proposal for OpenAI to launch a cryptocurrency, court filing reveals. "It would simply result in a massive loss of credibility for OpenAI and everyone associated with the ICO," Musk said.
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Biden-Harris administration announces plans to send "every dollar" possible to Ukraine before Donald Trump's presidency begin
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IMG_2660
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Bitcoin is up 21% since Donald Trump won the election
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Bitcoin is up 21% since Donald Trump won the election
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German government’s decision to sell 50,000 Bitcoin at $54K cost them $1.1 billion in missed profits.
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Russian President Putin says Russia is not abandoning the US Dollar
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Elon Musk to spend election night with Donald Trump
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Elon Musk to spend election night with Donald Trump
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Bitcoin falls below $70,000.
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$953 billion was wiped out from the US stock market today.
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16 years ago today, Satoshi Nakamoto published the Bitcoin whitepaper.
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Bitcoin Price on Halloween
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Florida Chief Financial Officer Jimmy Patronis proposes the creation of a state Bitcoin stockpile for retirees.
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Florida Chief Financial Officer Jimmy Patronis proposes the creation of a state Bitcoin stockpile for retirees.
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Elon Musk says by 2040 there will be at least 10 billion humanoid robots, priced around $20,000–$25,000 each.
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Elon Musk says by 2040 there will be at least 10 billion humanoid robots, priced around $20,000–$25,000 each.
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Bitcoin
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Peter Todd denies claims made in an HBO documentary that he is the creator of Bitcoin, Satoshi Nakamoto.
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Peter Todd denies claims made in an HBO documentary that he is the creator of Bitcoin, Satoshi Nakamoto.
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