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Cryptocurrency News Articles

CFTC chairman to step down on Trump's inauguration day, stating that regulation of digital assets remains insufficient

Jan 07, 2025 at 08:03 pm

According to the Financial Times, CFTC chairman Rostin Behnam will step down on January 20, the day of President Donald Trump's inauguration.

CFTC chairman to step down on Trump's inauguration day, stating that regulation of digital assets remains insufficient

Key Events in the Past 24 Hours:

- CFTC chairman to step down on Trump’s inauguration day, highlighting insufficient regulation of digital assets.

- Musk points out that the dollar price for buying cryptocurrencies will actually decrease if the dollar inflation is resolved.

- Binance to launch COOKIE, ALCH, and SWARMS 1-75x USDT perpetual contracts.

- Backpack Exchange has acquired FTX EU, with Backpack EU set to launch in the first quarter.

- Upbit to list Sonic SVM (SONIC) trading pairs with KRW, Bitcoin, and USDT.

- Binance Alpha adds HAT, AIXCB, NEUR.

- Reddit collectible avatar NFT project leader steps down, sparking user concerns about the product's future.

- Bitwise research director reveals a year-on-year increase of 63% in the number of Bitcoins held by enterprises.

- Ripple CEO deems the company's original $11 billion valuation as "severely outdated" due to rising XRP prices.

- The 14th U.S. state is preparing to introduce "strategic Bitcoin reserve" legislation.

- Nasdaq applies to raise BlackRock Bitcoin spot ETF's position limit to 250,000 shares.

- Cryptocurrency exchange Gemini agrees to pay $5 million to settle CFTC lawsuit.

- U.S. court documents show the number of victims in the Do Kwon case may exceed one million.Interesting Articles in the Past 24 Hours:

- Arthur Hayes' new article: How does dollar liquidity boost the new crypto market trend in 2025?

- Aave team publicly criticizes the Ethereum Foundation: Founders and team should "not just focus on shipping."

- The next Dogecoin and SHIB? A brief discussion on Murad's SPX and GIGA

News source:www.chaincatcher.com

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Other articles published on Jan 08, 2025