Crypto News

Allegations exposing the FDIC as part of Operation Chokepoint 2.0 continue, as whistleblowers affirm they have accessed recordings in which crypto organizations and influencers are targeted. The agency’s future, should crypto adoption grow, was also discussed. FDIC Talks Crypto Influencers, Sidestepping FOIA Requests, and Agency Survival in Operation Chokepoint 2.0 Tapes The Federal Deposit InsuranceSource link

Another jurisdiction has Polymarket in its crosshairs. Over the weekend, Singapore's Gambling Regulatory Authority (GRA) ordered local internet service providers to block access to the prediction market platform, according to reports from users in the city-state."You have attempted to access an illegal gambling site hosted by an unlicensed gambling service provider," the announcement reads, warning that those found guilty of gambling with unlicensed service providers are liable for a fine of up to SGD 10,000 ($7200) or a jail sentence of up to 6 months.The GRA has yet to make a public announcement on the issue, nor have they launched an enforcement action against Polymarket according to a public directory.Taiwan was the first jurisdiction to actively block its nationals from...

The market for alternative cryptocurrencies (altcoins) may see an extra dose of volatility this week, as the impending token unlock schedule will release billions of dollars worth of supply for several coins, including Ondo Finance's ONDO token.Data from Tokenomist show the weekly unlocks calendar, that includes names like ONDO, ARB, STRK SEI and others, is worth $3 billion – the largest amount since November.Decentralized tokenization-focused platform Ondo Finance's ONDO accounts for a giant share of the tally.On Jan. 18, the project will free up 1.94 billion ONDO worth $2.23 billion, equating to over 130% of the token's circulating supply of around 1.4 billion. ONDO's impending unlock is also several times bigger than its daily trading volume, which has recently ranged...

Fidelity predicts 2025 will ignite a seismic shift as nation-states, banks, and institutions race to embrace bitcoin, marking the dawn of a new financial era. Fidelity Sees 2025 Driving Bitcoin Adoption Among Nation-States and Banks Financial giant Fidelity Investments, through its subsidiary Fidelity Digital Assets, released a report last week titled “2025 Look Ahead: DigitalSource link

Scott Bessent will also resign from Key Square Group, the hedge fund he founded, to avoid conflicts of interest if the Senate confirms him.Source link