French Hill poised to chair House Financial Services Committee in 2025

December 12, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

The Arkansas Representative is expected to take over leadership at the House committee crucial to digital asset policy following the departure of Patrick McHenry.

Galaxy Digital previously facilitated the launch of Goldman Sachs’ Bitcoin futures trading product for CME Group in June 2021. 469 Total views 5 Total shares American investment bank Goldman Sachs continues to expand its cryptocurrency trading expertise by executing its first-ever over-the-counter (OTC) crypto options trade.Goldman Sachs executed its first OTC crypto transaction in collaboration with…

Bitcoin ETF approval more likely under new SEC leadership, says Ark Invest CEO

"I think the probability of an ETF has gone up," said Cathie Wood 2413 Total views 13 Total shares Ark Investment Management founder and CEO Cathie Wood said the likelihood that U.S. regulators will approve a Bitcoin exchange-traded fund has gone up under the Biden administration.In an interview with CNBC’s Bob Pisani today, Wood said…

What creditors can expect from Genesis’ bankruptcy — and what others can learn

The holding company of troubled crypto lender Genesis Global Capital, Genesis Global Holdco LLC, filed for Chapter 11 bankruptcy protection in New York on Jan. 19. Genesis is the latest crypto platform to file for bankruptcy, joining Celsius, Voyager, BlockFi and FTX.The application of Chapter 11 provisions to the crypto industry raises a series of…

21Shares files Form S-1 with SEC for spot XRP ETF

The asset manager became the third firm to apply for listing and trading shares of a spot XRP ETF, following Canary Capital and Bitwise.

Bybit secured UAE in-principle approval days before $1.4B hack

Troubled cryptocurrency exchange Bybit is making preparations for a full operational license in the United Arab Emirates (UAE) after recently suffering a $1.4 billion hack. Bybit received in-principle approval to set up a virtual asset platform operator in the UAE from the Securities and Commodities Authority (SCA), the exchange announced on Thursday, Feb. 27. The

IRS reminds taxpayers of crypto income reporting ahead of 2022 filing

The IRS’s recommendation to check “Yes” boils down to receiving, earning, transferring or selling cryptocurrencies for any monetary benefit, including mining and staking. 429 Total views 9 Total shares Own this piece of history Collect this article as an NFTWith the deadline approaching for filing the 2022 federal income tax return, the Internal Revenue Service…

Blockchain tech has a solution to secure your email

The global COVID-19 pandemic has definitely created a clear delineation of remote work: The reliability of a company lies in its email service provider for all forms of communication.Let’s start with the origin of email. Email has been around for more than 50 years and is a formal channel of communication across the world. With…

Whales can now use Bitcoin to purchase private jets

One aircraft comes at a cost of roughly 3,750 Bitcoin. A private aircraft sales company has started allowing customers to purchase any of their multi-million dollar jets using Bitcoin.According to a Sept. 13 report from news outlet Business Insider, U.S.-based Aviatrade is currently selling an upgraded 2014 Gulfstream G650ER for $40 million — roughly 3,750…

Congressman McHenry announces joint hearings to address market structure around digital assets

Patrick McHenry, the Chairman of the House Financial Services Committee, has announced a series of joint hearings in May that will focus on addressing the market structure around digital assets in the U.S.The move was revealed via a joint announcement on April 27 from Congressman McHenry, Glenn Thompson, Chairman of the House Agriculture Committee, French…

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