Wisconsin lawmaker to chair US House digital assets subcommittee
French Hill has stepped back as leader of the digital assets, fintech, and AI subcommittee to become chair of the full House committee in the 119th Congress. Go to Source
US Government
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David Sacks has 2 years to push through meaningful policies — lawyer
Republicans currently have a narrow majority in the United States House of Representatives, where the party holds 219 seats. Go to Source
President Biden proposes ban on congressional stock trading: Report
The President, with only a month left in office, reportedly said “nobody in the Congress should be able to make money in the stock market” while serving the United States. Go to Source
US government selling Bitcoin is a ‘huge strategic mistake,’ say observers
“There is no price where it makes sense for the US to sell any Bitcoin it has under its control,” said Space Force Major Jason Lowery. Go to Source
US gov’t transfers $1.9B BTC seized from Silk Road to Coinbase Prime
A wallet that contained Bitcoin associated with the 2021 seizure from an individual who stole crypto from the Silk Road marketplace has moved. Go to Source
Trump’s 2nd term to start with trifecta as Republicans tipped to win House
The Republicans will have total control of the executive branch and all of Congress after the GOP was projected to keep a majority in the House. Go to Source
If Trump Eliminates 5 Federal Agencies, It Could Revitalize the US Economy
In the wake of his sweeping 2024 election victory, people believe Donald Trump has the chance to reshape the American economy by slashing inefficient government departments, a move that could spark economic prosperity and return power to local communities. Charting a New Course: Trump’s Chance to ‘Restore America’ by Trimming the Federal Government Following his … Read more
Unsubstantiated Tether investigation report shakes crypto market
“Old noise” may be a new name for FUD, as Tether defends itself from a report in The Wall Street Journal about US government investigations. Go to Source
WSJ Report Claims Tether Faces US Federal Inquiry on Alleged AML Charges
According to an exclusive report by the Wall Street Journal, the U.S. federal government is allegedly examining the cryptocurrency and stablecoin company Tether for potential breaches of sanctions and anti-money-laundering regulations, according to unnamed sources close to the investigation. This criminal probe, reported by the Journal’s Angus Berwick, Vivian Salama, and Ben Foldy is said … Read more
Bitfinex wallet hacker returns most of the $20 million back to US gov
According to security firm CertiK, crypto losses in Q3 2024 are up 9.5%, with more than $750 million in total funds stolen by threat actors. Go to Source
