Blockchain Association outlines crypto priorities for Trump’s first 100 days

    Washington, DC-based advocacy group Blockchain Association submitted a letter to Donald Trump on Nov. 22 beseeching the President-elect to prioritize radical cryptocurrency and blockchain regulatory reform during his first 100 days in office. The brief letter was shared on the Association’s website. It lays out a five-point reformation plan for the incoming Trump administration’s first 100 days….

    UK to deliver comprehensive crypto regulation framework by early 2025

    A draft regulatory framework for crypto assets will be ready in the United Kingdom early next year, a Treasury official promised at City & Financial Global’s Tokenisation Summit in London on Nov. 21. Some regulations were expected last summer, but a general election overturned those plans along with the Conservative government of Prime Minister Rishi…

    US Bitcoin ETF assets break $100 billion

    United States Bitcoin (BTC) exchange-traded funds (ETFs) broke $100 billion in net assets for the first time on Nov. 21, according to data from Bloomberg Intelligence. Bitcoin has dominated the ETF landscape since spot BTC ETFs launched in January. Investor interest accelerated after crypto-friendly President-elect Donald Trump prevailed on Nov. 5 in the US elections….

    SEC Chair Gary Gensler to step down

    United States Securities and Exchange Commission (SEC) Chair Gary Gensler, known for his hardline stance on cryptocurrency regulation, will depart from the agency on Jan. 20, 2025, the securities regulator said in a Nov. 21 announcement. Gensler will leave the agency on the same day crypto-friendly President-elect Donald Trump starts his second presidential term, according to the…

    Stablecoin bill faces several challenges — former Senator Pat Toomey

    Former United States Senator Pat Toomey believes there are several unanswered questions regarding stablecoin issuers and their underlying assets that must be resolved before comprehensive stablecoin regulations are passed in the United States. In an interview with Cointelegraph’s Turner Wright, the former Pennsylvania Senator cited bankruptcy resolution for failing stablecoin firms, reserve requirements, insurance on…

    DeFi, gaming will be ‘most positively affected’ by Trump: Sky Mavis

    Blockchain gaming, along with decentralized finance, will likely benefit most from Trump’s presidency, says Jeffrey Zirlin, the co-founder of crypto gaming platform Sky Mavis. Speaking to Cointelegraph at the YGG Play Summit in the Philippines on Nov. 21, Zirlin said the “token design” space would be set to yield the most benefit from the new…