Eighteen years after Satoshi published the Bitcoin white paper, business owners are still covering the cost of a system built on bailouts, and they can protect part of their surplus by keeping it in bitcoin, argues Onramp CEO Michael Tanguma.
President Donald Trump planned to put special focus on his administration’s efforts against overseas crypto-fueled criminal operations at a Wednesday event on cybercrime, according to a White House official. Crypto-related scams have stolen tens of billions from U.S. citizens, and Trump was set to highlight… Read More
White House Executive Director of the President’s Council of Advisors for Digital Assets Patrick Witt is leaving government service and returning to the private sector. Where does that leave the council? PS: I’ll be at Money 20/20 on Monday and Tuesday and NEXTPredict on Thursday… Read More
During that legislative process, Sacks stepped down from the czar role in March, leaving Witt and his deputy, Harry Jung, trying to manage the administration’s crypto stance. That was complicated by the fact that President Trump’s own crypto empire figured prominently in the talks, as… Read More
Meanwhile, GENIUS However, last year’s crypto legislative success in converting the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law is still an ongoing focus of the Treasury and banking regulators assigned to implement it. Pettit, who had a hand in creating… Read More
“The CFTC is locked in and ready to ship its rules for the new frontier of finance,” CFTC chair Mike Selig wrote in a post on X following the vote on Wednesday. The CFTC, on Friday, also published a no-action letter, giving certain software providers… Read More
