DeFI News by Thebittimes.Com

A new era is set for the industry with the appointment of crypto-friendly candidates such as Paul Atkins It remains to be seen whether the US will match similar regulatory frameworks like Europe’s MiCA The rise of Bitcoin will be shaped by institutional adoption, increased regulatory clarity, and broader macroeconomic and geopolitical trends US President-elect Donald Trump is taking office today with his incoming administration making significant promises for the crypto industry. After years of battling with the US Securities and Exchange Commission (SEC) under outgoing US President Joe Biden’s administration, the crypto market is beginning to feel hopeful. Even before entering the White House, a shift has already taken place with the appointment of crypto-friendly candidates including Paul Atkins as the next SEC Chair and crypto czar David Sacks. Trump is also, reportedly, going to sign an executive order making crypto a priority under his leade...

US President-elect Donald Trump is considering creating the first-ever White House role dedicated entirely to crypto policy, according to a Nov. 20 Bloomberg report. The report said that Trump is in the process of engaging with industry executives to decide whether or not the new role is necessary. He is reportedly vetting possible candidates for the role as well. Crypto Advocates Want The New Role To Report Directly To Donald Trump It is still unclear whether the role will be another White House staff position or if a “crypto czar” will be established to coordinate policy between federal agencies. Regardless, crypto advocates want the new role to report directly to Trump. According to the report, the person appointed for the potential role will direct a small staff while simultaneously mediating between Trump, Congress and numerous other federal agencies. These federal agencies include the US Securities and Exchange Commission (SEC) and the US Commodity Futures Trading...