The rumored nomination of Michael Selig follows the CFTC nomination process hitting a snag in September when Brian Quintenz was withdrawn.
US Government News
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US President Donald Trump said Binance founder Changpeng Zhao had "a lot of support" from the crypto industry and was widely recommended for a pardon.
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Washington is considering direct investments in US quantum computing companies as it seeks to keep pace with China’s tech capabilities.
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The shutdown could stall progress on the crypto market structure bill, but lawmakers continue to insist the legislation is on track.
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The STREAMLINE Act would update anti–money laundering rules by lifting decades-old thresholds for transaction reporting, cutting red tape for banks and crypto companies.
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Industry watchers welcomed the idea of “skinny” master accounts as another sign of the end of crypto’s banking troubles, which insiders described as “Operation Chokepoint 2.0.”
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Coinbase urges US Treasury to fight crypto crime with blockchain analytics, AI and APIs —and to create safe-harbors so firms can deploy them to modernize AML.
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As the government shutdown drags on, the Senate is preparing a vote to end it while lawmakers plan to meet crypto leaders Wednesday to discuss the stalled market structure bill.
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The de-escalation of tensions and growing odds of a trade deal between the US and China are positive price catalysts for cryptocurrencies.
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SEC Chair Paul Atkins said the US is a decade behind on crypto and that building a regulatory framework to attract innovation is “job one” for the agency.
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The transfer came a day after the US DOJ unsealed an indictment against Prince Holding Group, which allegedly used LuBian to launder illicit funds.
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The crypto industry is awaiting a final decision on 16 crypto exchange-traded funds this month, including funds tracking Solana, XRP, Litecoin and Dogecoin.
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Tensions between the two countries appear to have cooled off on Sunday, as representatives from both sides signaled a willingness to negotiate.
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Jack Dorsey’s payments company, Square, also announced the integration of Bitcoin payment services for businesses on Wednesday.
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Onchain dynamics point to a renewed accumulation phase that may see Bitcoin’s price surpass $150,000 before the end of 2025, market analysts told Cointelegraph.
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