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TD Cowen says SEC likely to forge on with crypto rules without Democratic commissioners in the new year

Post-elections, Republicans will dominate the SEC, leading to faster crypto regulations but potential risks of partisanship affecting policy stability, warns TD Cowen's Jaret Seiberg.

theblock.co • 16/12/2024 - 18:11 PM

Senate committee's planned vote to confirm SEC Commissioner Caroline Crenshaw is up in the air following pushback

Some in the crypto industry want SEC Commissioner Caroline Crenshaw out, citing a speech she made following the approval of spot Bitcoin exchange-traded products earlier this year. Crenshaw voiced concerns that spot Bitcoin products were subject to fraud and manipulation and said she was concerned investors may believe that they offered some protections when they do not.

theblock.co • 11/12/2024 - 23:34 PM

Sen. Warren takes the helm as top Democrat of the Senate Banking Committee amid scrutiny from crypto industry

Elizabeth Warren becomes top Democrat on Senate Banking Committee, prioritizing middle-class support and enforcing crypto regulations after Democrats regain Senate majority.

theblock.co • 13/11/2024 - 17:29 PM

The Digital Chamber urges US lawmakers to pass stablecoin legislation immediately as usage grows

Cody Carbone, president of The Digital Chamber, said he expects stablecoin legislation to be on President-elect Donald Trump’s desk in 2025. Carbone said he hoped the report would be a motivation for lawmakers and pointed to other countries that are looking to bolster their use of stablecoins, including China or Russia.

theblock.co • 12/11/2024 - 12:51 PM

What's next for the crypto industry following Donald Trump's election victory?

With Donald Trump securing victory in the U.S. presidential election and the prospect of a Republican-controlled House and Senate, speculation has begun on what’s next for the crypto industry ahead of his Jan. 20 inauguration. The crypto community wants to see Trump’s campaign promises — including appointing a crypto-friendly SEC Chair, commuting the sentence of Ross Ulbricht, and creating a national strategic bitcoin reserve — fulfilled.

theblock.co • 07/11/2024 - 12:10 PM

The Daily: Pro-crypto Donald Trump wins US election, bitcoin hits new all-time high above $75,000 and more

Donald Trump wins the U.S. presidential election, bitcoin reaches $75,000, DeFi tokens surge, and analysts foresee a more favorable regulatory environment for crypto.

theblock.co • 06/11/2024 - 18:25 PM

Crypto's regulatory headwind has turned into a tailwind following Trump's victory, Bernstein says

Analysts at Bernstein said that crypto’s regulatory headwind had turned into a tailwind following Donald Trump’s election victory. The analysts also reiterated their call for bitcoin to approach $90,000 by the end of this year and reach a bull cycle target of $200,000 in 2025.

theblock.co • 06/11/2024 - 14:47 PM

'Greatest comeback story of all time': crypto community reacts as Trump wins US election

Reaction from the crypto community to Donald Trump’s win in the U.S. presidential election was largely positive. However, those within the industry are eager for him to fulfill promises made during the campaign, including freeing Ross Ulbricht and firing SEC Chair Gary Gensler.

theblock.co • 06/11/2024 - 13:36 PM

Crypto-friendly candidate Bernie Moreno clinches win over Sen. Sherrod Brown in Ohio race

Bernie Moreno wins the Senate race against Sherrod Brown, advocating for crypto amidst Republican majority; potential changes in Senate Banking Committee leadership impact regulations.

theblock.co • 06/11/2024 - 04:38 AM

Elizabeth Warren defeats crypto advocate John Deaton to hold Massachusetts senate seat

Sen. Elizabeth Warren won her Senate race, emphasizing crypto regulations, while opponent John Deaton criticized her focus on crypto over other issues like inflation.

theblock.co • 06/11/2024 - 01:09 AM

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