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John Reed Stark, a former SEC official, believes that the SEC's lawsuit against Coinbase could be stillborn as the regulator's newly formed cryptocurrency task force seeks to resolve previous enforcement actions against the exchange. In a post on X on February 17, Stark explained why the SEC asked for a 28-day extension to respond to Coinbase's petition for permission to appeal. It said: "...
Johnson, the speaker of the US House of Representatives, has said that Republicans will find funding sources to cover Trump's tax cuts.
Illinois Congressman John Cabello introduced HB1844, which proposes the establishment of a strategic bitcoin reserve fund at the state Treasury. The bill, which requires bitcoin to be held in state custody for at least five years before it is allowed to be transferred, sold or converted into other cryptocurrencies, has been sent to the rules committee for final approval by lawmakers.
The late tech entrepreneur John McAfee's X account is suspected to have been hacked. The attacker pretended to be McAfee and claimed to be "back" and posted the address of the token contract. Users should be vigilant. In 2021, cryptocurrency advocate and father of antivirus software John McAfee committed suicide in a Spanish prison.
John Mbadi, Kenya's finance minister, said the government was working to establish a legal and regulatory framework for cryptocurrencies and had drafted a draft proposal for a "National Policy on Virtual Assets and Virtual Asset Service Providers", which aims to create a fair, competitive and stable market for cryptocurrencies while addressing risks such as money laundering, terrorism financing and consumer protection. The draft proposes to establish a comprehensive legal and regulatory framewor...
Kenya is preparing legislation to legalize cryptocurrencies, Kenya's Cabinet Minister of Finance John Mbadi said on Friday, marking a major shift in the government's stance. Cryptocurrencies are banned in Kenya, but are still widely used underground by the public to circumvent restrictions. "The emergence and development of virtual assets and virtual asset service providers has brought innovation and dynamic opportunities and challenges to the local and international financial system," Mbadi sai...
John Glover, former managing director of Barclays Investment Bank, said that according to the Elliott Wave Theory, a technical analysis tool, Bitcoin is expected to break through $125,000 in Quarter 1 in 2025. He pointed out that earlier this week we saw Bitcoin fall below $92,000, but it may have completed the correction wave for now. If Bitcoin breaks through $125,000, it may see another pullback and then move towards the top of the cycle near $160,000. It is reported that the Elliott Wave...
John Deaton, a former US prosecutor and cryptocurrency advocate, has proposed that the Trump administration launch an investigation into Operation Chokepoint 2.0, an unproven scheme that purportedly seeks to remove cryptocurrency companies from the traditional banking system.
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