Crypto News

Trump Nominates Pro-Crypto Hedge Fund Manager Scott Bessent as Treasury Secretary

Bessent is a prominent hedge fund manager known for his pro-crypto stanceSource link

HTX DAO Completes Q3 2024 $HTX Burn Under Liquidity Strategy Transition

PRESS RELEASE. On October 15, HTX DAO announced the successful completion of its $HTX token burn for Q3 2024. In the quarter alone, over $21.25 million worth of $HTX tokens were burnt. This marks a significant shift in the platform’s liquidity strategy, as HTX DAO has opted to discontinue its previous ecosystem liquidity pledge mechanismSource link

Trump Reportedly Plans to Name Pro-Crypto Hedge Fund Manager Scott Bessent as Treasury Secretary

President-elect Donald Trump has nominated Wall Street titan Scott Bessent as Treasury Secretary.Source link

Australia Seeks Public Input on Crypto Tax Reporting

The Australian Treasury has invited public feedback on implementing the Organization for Economic Cooperation and Development (OECD)’s crypto asset reporting model. Tackling Crypto-Linked Tax Evasion The Australian Treasury has invited the public to comment on options for the country’s implementation of the Crypto Asset Reporting Framework (CARF). In a consultation paper released Nov. 21, theSource link

XRP Price Spikes to 3-Year High as Optimism Surges Over SEC Shakeup

As SEC Chair Gary Gensler prepares to exit, investors are flocking to XRP, an asset that’s been targeted under his leadership.Source link