The likelihood of Jerome Powell being removed as Federal Reserve Chair before his term ends in 2026 has dropped sharply, following a reassuring statement from U.S. President Donald Trump. According to decentralized prediction platform Polymarket, odds of Powell’s early exit have declined to 14%, down nine percentage points within 24 ...
Trump Media & Technology Group, the parent company of Truth Social, is stepping further into the world of digital finance with a bold new initiative in partnership with crypto exchange Crypto.com and asset manager Yorkville America Digital. According to a statement by Trump Media on April 22, the three entities ...
According to Bloomberg, President Donald Trump addressed speculation about his intentions regarding Federal Reserve Chair Jerome Powell. Despite expressing frustration over the Fed’s cautious approach to cutting interest rates, Trump firmly stated he has no plans to remove Powell from his position. Speaking to reporters, Trump said, “Never did. The ...
Denis Beau, the first deputy governor of the Banque de France, has warned that the recent executive order from the Trump administration promoting dollar-backed stablecoins could significantly adversely affect Europe’s financial independence. He stressed the urgent need for Europe to accelerate the development of a digital euro to protect its ...
The European Central Bank and the European Commission are in a standoff over the resilience of the EU’s new cryptocurrency regulations, questioning whether they can hold up against financial volatility that could arise if Donald Trump returns to the U.S. presidency. According to a policy paper obtained by POLITICO, the ...
U.S. spot Bitcoin ETFs experienced a notable surge in investor demand on April 21, registering their largest single-day inflows in three months. This rally was fueled by a broader shift toward riskier assets following former President Donald Trump's public criticism of Federal Reserve Chair Jerome Powell. According to data from ...
South Korean presidential candidate Hong Joon-pyo has promised to remove cryptocurrency regulations, drawing a parallel to the regulatory rollback seen during the Trump administration in the U.S. His commitment aims to advance blockchain technology in the country. At a policy event in Seoul on April 16, Hong stated his intention ...
Commerce Secretary Howard Lutnick has clarified that the recently announced reciprocal tariff exemption on select electronics is only temporary, countering assumptions that it marked a broader shift in U.S. trade policy. In an interview with ABC News, Lutnick stated that the exemption—first announced on April 12 by U.S. Customs and ...
President Donald Trump has signed a landmark resolution into law, officially repealing the controversial IRS DeFi Broker Rule introduced during the final days of the Biden administration—a move widely hailed as a victory for the cryptocurrency sector and its allies in Congress. According to an April 10 press release, The ...
The U.S. Senate has confirmed Paul Atkins as the new Chair of the Securities and Exchange Commission (SEC), following a 52-44 vote that split mainly along party lines. The move positions a longtime crypto advocate and former SEC commissioner to lead the agency amid a changing regulatory landscape. Atkins, nominated ...
