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According to a report in the Wall Street Journal, sources said that the US Treasury has agreed to let Musk's Department of Government Effectiveness (DOGE) enter a payment system that distributes trillions of dollars in benefits, grants and tax refunds to Americans every year, usually administered by career civil servants. Treasury Secretary Bescent approved...
According to the Wall Street Journal, OpenAI is in talks to raise up to $40 billion. The ChatGPT maker will be valued at $340 billion.
ChatGPT maker OpenAI is in early talks with investors to raise $40 billion in a new round of funding that would value the artificial intelligence (AI) giant at $340 billion, according to the Wall Street Journal, citing people familiar with the matter. This could bode well for artificial intelligence-related cryptocurrencies, as OpenAI's valuation nearly doubled after the rise of rival DeepSeek lifted the industry out of some bubbles, which should give the industry some confidence.
According to the Wall Street Journal, former Arizona Senator Kyrsten Sinema has joined Coinbase's global advisory board. In an interview, Kyrsten Sinema said that the future of cryptocurrencies is very bright.
On January 29, according to Fox Business reporter Eleanor Terrett, former SEC Chairperson Gary Gensler will return to MIT as a professor of global economics practice.
According to the Wall Street Journal, Bill McKinley, the chief counsel of Elon Musk's government efficiency unit, has announced his resignation.
FOX reporter Eleanor Terrett said in a social media post that the US Senate Banking Committee will vote today (January 23) at 11 pm (Beijing time) on whether US Senator Cynthia Lummis will be the chair of the digital assets group. It is not yet clear whether there will be any other announcements.
According to the Wall Street Journal, US President Donald Trump has used the threat of tariffs on the United States-Mexico-Canada Agreement (USMCA) to force the two sides to negotiate the USMCA ahead of schedule.
Eleanor Terrett, a correspondent for FOX Business, wrote in an article: "In addition to signing an executive order to establish a cryptocurrency committee, cryptocurrency policy leaders also expect Trump to sign an executive order banning the creation of a CBDC. It is not clear when these executive orders will be signed."
Forbes reporter Eleanor Terrett posted on the X platform that the US Senate Banking Committee will vote to approve the chairpeople and members of its various subcommittees, including the Digital Assets Subcommittee, at 10 am EST on Thursday.
Fox Business reporter Eleanor Terrett posted on the X platform that Caroline Pham, the new acting chair of the US Commodity Futures Trading Commission (CFTC), issued a statement after being confirmed by the committee's vote. She said: "I am honored to lead the CFTC as acting chair. This is a critical time, and I thank President Trump for his trust in me, as well as my colleagues and the CFTC staff for their support." Caroline Pha also said that she looks forward to working with various stakehold...
According to Reuters, Trump officials confirmed a Wall Street Journal report that he would not implement new tariffs on his first day in office.
On the 20th local time, outgoing US President Biden confirmed to reporters that he left a letter to the incoming US President-elect Trump, but did not disclose the specific content of the letter. "This is between me and Trump," Biden told reporters outside the White House. When Trump left office in 2021, he left a letter to his successor Biden, which Biden later described as "very generous".
On January 15, Fox Business News reporter Eleanor Terrett posted on the X platform that U.S. Senator Tim Scott has just released a list of priorities for the 119th Congress, including the development of a digital asset framework. The document shared reads: "Under the leadership of Chairperson Gensler, the Securities Exchange Commission (SEC) has refused to provide clear guidance to the cryptocurrency industry, which has forced related projects to move to...
Forbes reporter Eleanor Terrett said in an article on X that French Hill, chairperson of the US House Financial Services Committee, has appointed Tom Emmer as vice chairperson of the digital assets, financial technology and artificial intelligence subcommittee. He also nominated other Republican members of the committee.
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