The U.S. Securities and Exchange Commission (SEC) under President-elect Donald Trump appears poised for a strategic shift in its treatment of cryptocurrency regulations, according to insights shared with Reuters by three unnamed individuals briefed on the matter. Report Says Pro-Crypto Agenda Will Drive SEC’s New Regulatory Approach Reuters reports that Republican commissioners Hester Peirce and […]
Analyst Predicts Trump Administration Will Make 2025 ‘The Year of Crypto ETFs’
Nate Geraci, a well-known exchange-traded fund analyst, has predicted that 2025 will be the year of crypto ETFs. He expects the Trump administration to quickly establish definitions of which crypto assets are classified as securities and which are not, opening the floodgates for more filings. 2025 Will Be the Year of Crypto ETFs, Powered by […]
Microstrategy’s Michael Saylor Open to Crypto Advisory Role in Trump Administration
Michael Saylor, Executive Chairman of Microstrategy, would be open to taking a crypto advisory role in the Trump administration. However, he declined to disclose if he had already met with President Trump to discuss this subject. Michael Saylor Open to Serve Under Trump Michael Saylor, Executive Chairman and co-founder of Microstrategy, the public company that […]
Bitcoin ASIC Maker Bitmain Shifts Gears With US Production Line Amid Incoming Trump Administration
The bitcoin mining machine maker Bitmain is gearing up to roll out a new production line in the U.S., focusing on its application-specific integrated circuit (ASIC) equipment. Bitmain Launches U.S. Production Bitmain shared on Monday through an X post that it plans to kick off a new production line in the United States. “Bitmain is […]
National Power Administration of Paraguay Seizes 693 Miners in Illegal Bitcoin Mining Operation
The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining operation hosting 693 miners. ANDE inspectors detected a tampered meter that failed to register all the energy consumed by the equipment connected to the power grid. The detection was carried out using SCADA systems. Paraguay Keeps Chasing Illegal Bitcoin […]