United States President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead a new government agency, the Department of Government Efficiency (DOGE), aimed at reducing federal spending and cutting regulations. The new organization will “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” Trump stated. “This will send shockwaves…

Mike Novogratz, the founder of crypto investment and research firm Galaxy Digital, believes there is a “Low probability” that President-Elect Trump will establish a Bitcoin strategic reserve during his term. In an interview with Bloomberg TV, the Galaxy Digital CEO explained that he expects a clash between the different branches of government to obstruct the…

With Donald Trump’s reelection and a Republican majority in the Senate, crypto firms are ready to advocate for a “fresh perspective” on federal agencies. Ripple, one of the crypto companies engaged in battle courts with United States regulators, expects the new White House administration to remove digital assets’ policy from the courts, hoping for changes…