Trump taps Elon Musk and Vivek Ramaswamy to slash gov’t with ‘DOGE’
The newly created Department of Government Efficiency will work to cut “waste and fraud” from $6.5 trillion in US government spending.
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Self-custodial Bitcoin wallet Bitkit launches on app stores
Synonym's Bitkit, a self-custodial Bitcoin wallet, launches on iOS and Android, promoting user control over BTC transactions without third-party intermediaries.

Swiss central bank announces plans for wholesale CBDC pilot with ‘real money’: Report
Thomas Jordan, head of the Swiss National Bank, announced the project at a conference in Zurich; bank still feels “prudent” about a retail CBDC, though. 247 Total views 1 Total shares The head of the Swiss National Bank (SNB) has announced that the bank will launch a wholesale central bank digital currency (wCBDC) pilot project,…

‘I think XRP is a scam’ Says Former UFC Star and BTC Bull Ben Askren
As regulatory concerns over XRP — the world’s third-biggest crypto asset — have intensified, some celebrities are stepping in to voice more FUD about the coin.Ben Askren, former UFC fighter and known Bitcoin (BTC) bull, has driven more scepticism toward XRP with a short tweet on Jan. 28: “I think XRP is a scam.”Askren loves…

Hong Kong regulator issues tokenized investments requirements amid demand
The intent behind the tokenization of SFC-authorized investment products is tied to the rising market demand and the government’s willingness to facilitate market development. The Securities and Futures Commission (SFC) of Hong Kong laid down the business requirements for offering tokenized securities and other investment products in a circular released Nov. 2.The market demand in

Ripple verdict could spark a new bull market — Or more malaise
The final quarter of 2020 saw the launch of a precedent-setting lawsuit by the United States Securities and Exchange Commission against Ripple Labs, CEO Bradley Garlinghouse and co-founder Christian A. Larsen. The allegation: raising north of $1 billion in 2013 through the unregistered sale of a purported security, XRP (XRP).The implications of Ripple’s bold choice…

Whistleblowers asked the SEC to investigate OpenAI over alleged illegal NDAs
The complainants called the matter "urgent," but it remains unclear if the SEC will open an investigation.

SEC’s Gary Gensler takes another swipe at crypto in educational video
The SEC boss reiterated that “the law is clear” on cryptocurrencies being securities, while others highlighted the lack of regulatory clarity in the U.S. 375 Total views 22 Total shares Own this piece of history Collect this article as an NFTAnother swipe has been taken at the crypto industry by the chair of the United…

Robinhood shares tank 10% after crypto revenue falls by three quarters
Robinhood shares (HOOD) have fallen sharply on the back of the firm’s Q3 results which posted lower than expected crypto trading revenue.The popular retail trading firm published its Q3 report on Oct. 26, with crypto accounting for $51 million (19%) of the total $267 million worth of transaction-based revenue in the quarter. The release of…