According to Reuters, three people familiar with the matter said that top Republican officials at the Securities Exchange Commission (SEC) are preparing to begin reforming the agency's cryptocurrency policy as early as next week after Trump takes office. According to two of the people familiar with the matter, the measures being considered by Commissioners Hester Peirce and Mark Uyeda include initiating procedures to finalize guidance or rules on when the agency considers cryptocurrencies to be ...
Three Indian refining industry sources have said that Indian refiners are bracing for new U.S. sanctions against Russia and are expected to face major Russian oil supply disruptions.
OpenLayer, a crypto AI startup co-founded by three former Robinhood employees, raised $5 million from investors including a16z Crypto Startup Accelerator (CSX), Geometry, IOSG Ventures, Spartan Group, LongHash Ventures, and undisclosed angel investors from crypto projects such as EigenLayer, AltLayer, Puffer Finance, and Sei Network. OpenLayer acts as an AI data layer, enabling users to contribute and validate data and gain insights through Chrome extensions.
BCB Group, a cryptocurrency company, has received an offer from an investor, according to three people familiar with the matter. The offer was initiated by a potential acquirer as the company was exploring a Series B financing round. Another person familiar with the matter said the company was not formally sold and there were no negotiations.
According to three crypto industry executives familiar with the bill, pro-cryptocurrency Wyoming Republican Senator Cynthia Lummis is planning to announce BTC strategic reserve legislation at the Bitcoin conference. Although the specifics of the bill are not clear, according to a person who has seen the first draft, the purpose of the bill is to direct the Federal Reserve to buy bitcoin and hold it as a reserve asset, just as the U.S. central bank holds gold.
According to the Washington Post, three Democratic officials with knowledge of former House Speaker Nancy Pelosi's private conversations said she told some House Democrats that she believes President Biden will soon be persuaded to withdraw from the presidential race because of serious doubts about his ability to win in the November election. After Biden's on-off performance in the debate sparked panic among Democrats inside and outside Washington, Pelosi has played a powerful role behind the sc...