Crypto News
Trump Has Made His Major Decisions on His Crypto Regulation Team, Now Also OCC
President Donald Trump is just about done naming the key figures he's seeking to get into financial regulation posts that will direct the future oversight of the crypto industry, now including lawyer Jonathan Gould as a nominee to run the Office of the Comptroller of the Currency that oversees U.S. national banks.With a widely circulated White House nominations document showing Trump has settled on Gould, a partner at law firm Jones Day who was a top lawyer at the OCC and a former crypto executive, and the president will reportedly nominate the Federal Deposit Insurance Corp.'s Jonathan McKernan to run the Consumer Financial Protection Bureau, the slate is almost clear.Gould had briefly worked as the chief legal officer for blockchain...
Tether Chooses Ethereum L2 Arbitrum for Cross-Chain USDT Infrastructure
The new infrastructure will allow USDT deployments on Arbitrum, Ethereum, Tron, Ton, Ink, and Berachain to link without wrapping tokens.Source link
Bitcoin Slips Below $96K as Inflation Concerns Rattle Markets
Hotter-than-expected inflation data released Wednesday morning applied downward pressure on both traditional and crypto markets. Inflation Fears Push Bitcoin Below $96,000 Threshold Bitcoin (BTC) is struggling to maintain momentum, trading at $95,580.74 at the time of reporting. The leading cryptocurrency has declined 1.55% in the past 24 hours and is down 3.55% over the pastSource link
Franklin Templeton Expands $594M Market Money Fund to Solana
Franklin Templeton has made the OnChain U.S. Government Money Market Fund (FOBXX), the third-largest tokenized money market fund, available on Solana in another signal of growing interest in the blockchain.The fund is already available on Ethereum, Coinbase’s Base, Aptos and Avalanche, which were all added last year. The Stellar network functions as the primary blockchain. The asset manager announced the expansion on Wednesday.Solana has emerged as the leading venue for new tokens (mostly memecoins) and decentralized trading. It now accounts for over 90% of all new tokens appearing on decentralized exchanges (DEX), according to a Pantera Capital report. That's up from 1% in late 2023.“Even when innovation doesn’t start on Solana, it eventually finds its way there,” Cosmo Jiang and...
Ethereum Gaming Network Ronin Opens Up to All Builders Following Curated Start
Ronin, the Ethereum gaming network powering Axie Infinity and Pixels, has gone permissionless to attract a wider array of builders.Source link