10 links
tagged with all of: trump + regulation
Click any tag below to further narrow down your results
Links
The White House has unveiled a detailed 168-page report providing recommendations for the regulation of digital assets, including stablecoins and a proposed crypto stockpile. This report, stemming from an executive order by President Trump, aims to create a regulatory framework that acknowledges the potential of blockchain technologies to transform financial systems.
Under Trump’s second presidential term, traditional financial institutions and crypto firms are increasingly collaborating due to regulatory rollbacks. Major banks like Bank of America are exploring stablecoins and seeking licenses to offer crypto services, indicating a significant shift in the finance sector's approach to digital assets.
Senate Democrats, led by Elizabeth Warren, are demanding information regarding President Trump's associations with cryptocurrency and the dealings of Binance. Their concerns have intensified following Binance's legal issues and Trump's family's reported involvement in discussions with the firm, complicating the legislative landscape surrounding digital assets.
Trump has appointed an AI czar who is taking steps to challenge and potentially take down Anthropic AI, a key player in the artificial intelligence sector. The move is part of a broader initiative to regulate AI technology and ensure it aligns with governmental interests and public safety concerns.
The Senate passed the GENIUS Act, establishing federal regulations for U.S. dollar-pegged stablecoins and allowing private companies to issue digital dollars with government approval. While the bill faces challenges in the House, it represents a significant step for the crypto industry, which has heavily invested in pro-crypto lawmakers. Critics argue the legislation benefits President Trump's crypto ventures, as it does not prevent elected officials from profiting off digital assets.
The House Agriculture and Financial Services Committees have both voted to advance the Digital Asset Market Clarity Act, which aims to establish a regulatory framework for cryptocurrencies. The bill, which will be merged into a comprehensive legislation, includes provisions for disclosures from digital asset firms and clarifications regarding non-custodial platforms amid ongoing political tensions surrounding Trump's crypto interests.
President Donald Trump signed the GENIUS Act into law, establishing the first major regulatory framework for stablecoins in the U.S. The bipartisan support for the legislation signals a significant shift in the crypto industry's relationship with Washington, aiming to set clear rules for stablecoin issuers and pave the way for broader crypto regulation.
The U.S. Department of Justice has disbanded its National Cryptocurrency Enforcement Team, shifting its focus away from prosecuting crypto exchanges for regulatory violations toward criminal activities involving digital assets. This decision aligns with President Trump's executive order aimed at providing regulatory clarity for the crypto industry, marking a significant change in the DOJ's approach to digital asset enforcement.
Donald Trump has called for the swift passage of a new stablecoin bill, emphasizing the importance of regulatory clarity in the cryptocurrency sector. He believes that a well-structured framework will benefit the U.S. economy and foster innovation in digital currencies. Trump's advocacy highlights the growing intersection of politics and the evolving landscape of cryptocurrencies.
President Donald Trump granted clemency to Changpeng Zhao, the former CEO of Binance, who had pleaded guilty to violating U.S. anti-money laundering laws. Zhao's pardon comes after he served four months in prison and highlights Binance's connections to the Trump family's financial ventures, particularly through their crypto platform, World Liberty Financial.