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What Paul Atkins as SEC Chair and David Sacks as Crypto Czar mean for the future of crypto
Paul Atkins and David Sacks’ appointments suggest a shift towards industry-friendly regulation for crypto. Photo: Mezha Media Key Takeaways Paul Atkins is expected to implement a lighter regulatory approach as SEC Chairman. David Sacks’ role as Crypto Czar could position the US as a leader in global crypto policy. With President-elect Donald Trump naming Paul Atkins as SEC Chair and venture capitalist David Sacks as the first-ever White House Crypto Czar, the crypto industry is poised for a seismic shift. These appointments mark a significant departure from the SEC’s enforcement-heavy stance under Gary Gensler and signal the Trump administration’s intent...
Operation Chokepoint 2.0 Was Genuine, Documents Reveal
By Mark Hunter 18 hours agoMon Dec 09 2024 09:10:00 Reading Time: 2 minutes Newly released documents have revealed a coordinated federal effort to de-bank cryptocurrency companies The crypto industry has long suspected such actions, referring to them as “Operation Chokepoint 2.0.” These revelations have intensified discussions about the government’s stance on digital assets US banking institutions actively tried to strangle the crypto sector in 2023, documents recently obtained by Coinbase have revealed. The filings show how federal agencies systematically worked to cut off banking services to cryptocurrency firms, confirming longstanding suspicions within the industry. This initiative, dubbed “Operation Chokepoint...
Christie’s Post-war Art Auction to Include Bitcoin NFT
By Philip Maina 2 months agoMon Sep 30 2024 10:51:48 Reading Time: 2 minutes Christie’s will feature a Bitcoin NFT in its post-war live art auction The NFT, dubbed “Ascend,” will be the only collectible in the auction The Christie’s Post-War and Contemporary Art Day Sale is scheduled for October 10 Popular art auction house Christie’s will feature a Bitcoin NFT during its live Post-War and Contemporary Art Day Sale on October 10. The NFT, “Ascend,” will be the only collectible in the sale and the first Bitcoin NFT to make it to the auction house’s live art sale. Christie’s...