The incoming administration under President-elect Donald Trump is preparing to introduce changes to cryptocurrency regulations in the United States. Sources indicate that the Securities and Exchange Commission (SEC), under new leadership, will initiate a review of its current policies and enforcement actions related to crypto. Donald Trump SEC Leadership To Reassess Crypto Enforcement Actions A recent Reuters report suggests that top officials at the SEC, including Hester Peirce and Mark Uyeda, are planning to reassess existing crypto enforcement cases. The focus will be on cases where fraud is not alleged, with the possibility of freezing or withdrawing some lawsuits. Under the outgoing leadership of Gary Gensler, the SEC pursued at least 83 enforcement actions involving crypto-related companies. These actions targeted firms like Coinbase and Kraken, often on the basis that their tokens were considered securities. Industry participants have long sought clarity on when and how the SEC applies its rules to digital assets. Sources state that Peirce and Uyeda are expected to call for feedback on potential new crypto regulations. This process will address industry concerns while aligning the SEC’s rules with evolving market conditions. Meanwhile, Bitcoin advocate Anthony Pompliano has outlined three key actions for Donald Trump to boost U.S. Bitcoin adoption. Anthony proposed repealing SAB 121 for banks to hold Bitcoin, establishing a national Bitcoin reserve, and reforming tax codes to eliminate capital gains tax on BTC payments. Pompliano believes these measures will solidify the U.S. as a crypto leader. Proposed Regulatory Changes The SEC is likely to revise its guidance on accounting practices for companies holding crypto assets. The current guidance has reportedly made it costly for listed firms to manage digital tokens for third parties. Changes in this area will lower barriers to institutional participation in the crypto market. Paul Atkins, Donald Trump pick for Securities and Exchange Commission Chair, has a reputation for supporting crypto-friendly policies. However, his confirmation by the Senate may take some time. Until then, Peirce and Uyeda will lead interim efforts to reshape regulatory priorities. Trump Administration’s Executive Orders to Accelerate Crypto Overhaul President-elect Donald Trump is expected to issue executive orders aimed at expediting crypto regulatory reforms. These orders may direct federal agencies, including the SEC, to review their policies and promote innovation in the digital asset sector. The administration’s pro-crypto stance has already generated excitement within the market. Bitcoin reached $100,000 for the first time in December, reflecting optimism about the regulatory environment under Trump’s leadership. Despite the optimism, revising regulations and enforcement actions could face challenges. Legal experts note that dismissing pending cases or reopening settlements may lead to objections from courts. Resolving these issues will require careful coordination between the SEC and industry stakeholders. The new leadership may also need months to finalize and implement any proposed rule changes. Industry representatives have previously criticized the Securities and Exchange Commission for being unwilling to engage in discussions under its former leadership. In addition, Bitwise CIO highlighted trends driving corporate Bitcoin adoption, including MicroStrategy’s $42B acquisition plans, new FASB rules allowing firms to record BTC gains and pro-crypto policies. These factors, he notes, are encouraging more companies to integrate Bitcoin into their treasuries. The post Breaking: New SEC Leadership Under Donald Trump To Revamp Crypto Regulations appeared first on CoinGape .
The U.S. Securities and Exchange Commission (SEC) under President-elect Donald Trump appears poised for a strategic shift in its treatment of cryptocurrency regulations, according to insights shared with Reuters by three unnamed individuals briefed on the matter. Report Says Pro-Crypto Agenda Will Drive SEC’s New Regulatory Approach Reuters reports that Republican commissioners Hester Peirce and
Stellar Lumens price staged a strong breakout, crossing a key resistance level as positive sentiment continued to build in the crypto industry. Stellar ( XLM ) surged to an intraday high of $0.4850, its highest level since December 9, marking a 56% increase from its lowest point in December. Its price action mirrored that of Ripple ( XRP ) and other major cryptocurrencies. Ripple crossed the significant $3 resistance level, pushing its market capitalization to $163 billion, surpassing BlackRock, the world’s largest asset manager. Other cryptocurrencies, including Bitcoin ( BTC ), Ethereum ( ETH ) and Solana ( SOL ) also saw gains, pushing the combined market cap of all crypto assets to $3.6 trillion. The rally across the crypto market was driven by the release of encouraging consumer inflation data . Core Consumer Price Index figures dropped to 3.2% in December from 3.3% in November, causing a significant decline in U.S. bond yields. Analysts believe that if inflation continues to fall, the Federal Reserve may shift toward a more dovish monetary policy. Stellar Lumens also benefited from growing optimism around Donald Trump’s upcoming inauguration and potential regulatory changes in the crypto industry. According to Reuters , the incoming SEC leadership, including Paul Atkins and other Republican commissioners, is considering freezing some enforcement actions and seeking public input on crypto regulations. These policy changes could provide a significant boost to the crypto market. You might also like: Trump’s SEC plans crypto overhaul, may freeze crypto lawsuits: report The news is particularly positive for Ripple, which has been locked in a legal battle with the SEC for the past four years. Stellar and Ripple are closely related as both focus on cross-border payments. Additionally, Stellar’s founder, Jed McCaleb, was part of Ripple’s founding team. XLM price analysis Stellar price chart | Source: crypto.news The Stellar Lumens token surged to an intraday high of $0.4860, the highest level since December 16. The price rebound followed the formation of a falling wedge pattern, characterized by two converging trendlines moving downward—often considered a bullish reversal signal. Stellar has remained above its 50-day moving average and is approaching the 23.6% Fibonacci Retracement level at $0.5090. Additionally, the recent rally has invalidated a double-top pattern that was forming, further supporting the bullish case. Given these technical indicators, XLM is likely to continue rising, with bulls targeting last year’s high of $0.6400—about 30% above the current price. However, this bullish outlook will be invalidated if the token drops below the key support level at $0.40. You might also like: XRP crypto price crosses $3 for first time since 2018
The post Malaysia’s PM Discusses Crypto Regulation with Binance Founder and UAE Officials appeared first on Coinpedia Fintech News In a recent update, Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim recently met with Binance founder Changpeng Zhao and UAE officials to discuss potential crypto regulatory frameworks. He held discussions focused on establishing policies to recognize the crypto industry and modernize Malaysia’s financial system. He noted that he has urged the central bank and Treasury to study digital finance to avoid being left behind and protect the public interest. The UAE policymakers expressed willingness to collaborate with Malaysia in developing its crypto regulatory approach. He also noted potential concerns and the need to train personnel and develop competency in this area.
The U.K. government has appointed Emma Reynolds as the new Economic Secretary in charge of overseeing digital assets and central bank digital currencies — alongside the broader financial sector. The appointment was announced on Tuesday following the resignation of Tulip Siddiq, who set out the government's crypto agenda weeks ago . It is not yet clear what the appointment of Reynolds, the former Parliamentary secretary at the Treasury, will do for the country's crypto plans. However, the Financial Conduct Authority has already set out its agenda for a new crypto regime . Reynolds previously worked at TheCityUK, a trade body, as a managing director and in a bill discussion in 2022 said that there were positives to the U.K. being a second mover to the European Union and learning from it. "CryptoUK and its members have a long-term working relationship with the U.K. government and, as such, we welcome the appointment of Emma Reynolds as the new City Minister, " a spokesperson from lobby group CryptoUK said. Siddiq, the former secretary, resigned on Tuesday due to mounting pressure regarding an anti-corruption investigation in Bangladesh. Siddiq, whose aunt was the former Prime Minister of Bangladesh Sheikh Hasina, was named in an investigation looking into allegations that her family had embezzled funds. In a letter , Siddiq said she had referred herself to the independent adviser on ministerial standards, Sir Laurie Magnus, where she was able to share the full details of her finances and living arrangements. Magnus had found that Siddiq had "not breached the ministerial code," her letter said. However, continuing her work would be a distraction to the government, she said. Siddiq had just announced that the U.K.'s new government, headed up by the Labour Party, would still follow the regulatory plans set by its predecessor the Conservative Party. Crypto and stablecoin legislation is expected to come out early this year. Many are looking at the U.K. to take steps forward to regulate the crypto sector as other major nations like the European Union install their crypto regimes and the U.S. waits for crypto friendly Donald Trump to begin his Presidency next week
Decentralization is the foundation of blockchain technology, promising a more resilient and censorship-resistant alternative to centralized systems. But are the industry’s leading protocols as decentralized as they claim to be? Decentralization can be measured across multiple dimensions. At first glance, the number of entities participating in the validation or block-mining process of a network is one of the simplest and most apparent metrics. However, other factors also contribute to the enhancement or erosion of decentralization: Hosting facilities: Where nodes are hosted directly impacts who controls them. If thousands of entities host nodes on facilities controlled by one or few entities, it puts the network at risk. For example, Hetzner unilaterally shut down 40% of Solana validators in 2022. Jurisdiction: Geographic location is relevant because it provides diversification of risk related to unfavorable or unpredictable regulatory action. Client Software: A blockchain with nodes all running on a single client software is at a higher risk of bugs and vulnerabilities than those on single code. The following table compares the degree of decentralization of leading protocols using these dimensions: Source: Solana Decentralization Report, Ethernodes Geographic location of ETH Nodes , Tron Nodes , Polkawatch Decentralization comes at a cost: the longer the distance between peers, the higher the latency. Latency is crucial for validators to complete assigned tasks in a reasonable period of time. Not meeting these deadlines translates to missed rewards for validators, increasing the incentive to be placed close to larger clusters of peers, thus increasing the centralization. The bigger the block size, or the shorter the block duration, the higher the incentives for centralization. In other words, many protocols indirectly penalize decentralization by diminishing rewards of those who dare to deploy infrastructure in territories where no one else is doing it. Pioneers carry the burden of blockchain resiliency with no incentive other than doing what needs to be done, where it needs to be done. Few are the protocols which provide some kind of predictable and explicit incentives at the protocol level (e.g., higher priority at proposing blocks, higher issuance rewards participation) to drive decentralization of the network. In most cases, the incentives are managed as arbitrary grants or delegations from the protocol foundations to specific network participants on a per case basis. If decentralization remains the cornerstone of blockchain’s ethos, the industry must act accordingly. Protocols need to adopt mechanisms that incentivize nodes to operate in diverse jurisdictions, be hosted on independent facilities, and use varied client software (if available). Without such incentives, the natural pull of economic efficiency will drive centralization, threatening blockchain’s very own promise: censorship resistance resilience. The future of blockchain depends on networks that are designed to remain decentralized, not by accident or goodwill, but by design. Let’s ensure decentralization isn’t just an aspiration and that it’s a measurable, incentivized reality.
The Shiba Inu (SHIB) meme coin has recently experienced an unprecedented surge in transaction volume, particularly on Binance, igniting interest among traders. With over 2.8 trillion SHIB tokens traded within
Meme coins like Shiba Inu (SHIB) have seen explosive growth in the cryptocurrency market over the last few years. Enthusiasts of these digital currencies are eagerly waiting to see if this trend will continue into 2025. For those who got in early, these coins, often fueled by community enthusiasm and speculative buzz, have delivered significant returns. However, as the spotlight shifts towards projects with more practical applications, experts suggest that the peak of the meme coin craze might be behind us. Standing out among new challengers, Remittix (RTX) is emerging as a dynamic platform with a focus on international payments, showing potential for major growth by 2025. Analysts foresee a 3,000% rise in 2025 for Remittix. Positioned as a leader in a $250 trillion industry, Remittix is set to dominate the cross-border payment market in the crypto world. Keep reading to find out more about the RTX token. Shiba Inu's Price Struggles, Diminishing Faith In SHIB Reaching $0.005 For some time, forecasts for Shiba Inu's price were largely built on optimism about its growing acceptance and positive market sentiment. Many experts even suggested SHIB could hit $0.005, but the reality is different. With the current price at $0.00002375, reaching even $0.0005 would necessitate a growth of 2005.26%. Recent movements in Shiba Inu's price indicate waning interest from investors, and SHIB is struggling to sustain any bullish momentum. Technical data shows alarmingly low trading volumes, reflecting a lack of enthusiasm from SHIB investors. The price of Shiba Inu appears stuck in a consolidation phase with minimal investor activity and no fundamental catalyst on the horizon. Given the 50% decline prediction for SHIB by ChatGPT, hopes for the altcoin reaching $0.005 have faded, pushing investors to consider Remittix, which is causing a stir in the crypto space despite still being in its public presale phase. Experts Anticipate A Bold 3000% Increase For RTX Focusing on projects that could disrupt existing industries, Remittix (RTX) represents the next phase in cryptocurrencies. Remittix aims to tackle the inefficiencies in the $180 trillion cross-border payment sector by merging cutting-edge blockchain technology with conventional banking systems. The $RTX token, meticulously developed at the heart of this platform, is crucial for staking, governance, and platform rewards. With a capped supply of 1.5 billion tokens, RTX is quickly becoming a highly desirable asset. Platform users can seamlessly transfer money to bank accounts worldwide by converting over forty cryptocurrency assets into fiat. This smooth process eliminates hidden charges, guarantees instant transfers, and frequently offers rates lower than those of traditional banking methods. Moreover, businesses can utilize the Remittix Pay API to accept cryptocurrency payments and facilitate fiat settlements. By enabling merchants to manage digital assets effectively, Remittix is laying the groundwork for a more inclusive and adaptable financial system. As an intermediary between crypto and fiat, Remittix stands out from traditional payment providers like Stripe and Wise, as well as crypto-only platforms like Coinbase Wallet. By supporting over 50 cryptocurrency pairs and more than 30 fiat currencies, Remittix ensures accessibility and inclusivity for businesses and individuals, simplifying global commerce with its broad range of options. Additionally, the platform's transparent flat-fee model offers savings and clarity over the high fees and poor exchange rates of traditional banks. This system ensures the full amount sent reaches the recipient, positioning Remittix as a groundbreaking force in the payments sector where murky practices are unfortunately too common. Currently valued at $0.0207 during its ICO, the RTX token presents a tempting investment opportunity. Predictions indicate substantial growth, with a 25x increase expected in the presale stage and more than 1,500% gains post-launch, as demand for cutting-edge cross-border payment solutions continues to soar. Explore the future of PayFi with Remittix by visiting their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
A major trend in the cryptocurrency market over the past several years has been the tremendous expansion of meme coins like Shiba Inu (SHIB). Meme currency aficionados are watching impatiently to find out whether this trend will last till 2025. For early investors these tokens, often driven by community energy and speculative hype have produced notable gains. But as focus moves toward more utility-driven initiatives, market watchers are already projecting that the height of the meme coin frenzy may be behind us. Among these emerging contenders, Remittix (RTX) is gaining momentum as an innovative platform focused on cross-border payments, and it seems poised for substantial growth in 2025. Analysts are expecting a 3,000% surge in 2025 on Remittix. Rising as a trailblazer in a $250 trillion sector, Remittix is expected to rank highest among cryptocurrencies in the cross-border payment market. Read on to learn more about the RTX token. Shiba Inu Price Stalls, Eroding Confidence In The SHIB $0.005 For months, the Shiba Inu price forecasts rested mostly on hope for its increasing acceptance and robust market mood. Many analysts even called for SHIB to reach $0.005. But reality has painted a different picture. At its current price of $0.00002375, achieving even $0.0005 would require a growth of 2005.26%. Still, the latest Shiba Inu price moves point to declining investor interest and SHIB is not able to maintain a bullish momentum. Technical indicators reveal shockingly low trading activity, suggesting little interest from SHIB investors. The Shiba Inu price seems imprisoned in a consolidation cycle with low investor activity and no basic catalyst in sight. And with the 50% SHIB decline prediction by chat gpt, the hopes of the altcoin price reaching $0.005 have evaporated, prompting investors to move into Remittix, which is making waves in the crypto community despite still being in the public presale stage. Analysts See An Ambitious 3000% Surge On RTX Focusing on utility-driven ventures that could upend current sectors, Remittix (RTX) marks the next development in cryptocurrencies. The main aim of Remittix is to address inefficiencies in the $180 trillion cross-border payment sector by integrating advanced blockchain technology with traditional banking models. The carefully crafted $RTX token at the center of this platform is absolutely vital for staking, governance, and platform rewards. With a limited supply of 1.5 billion tokens, RTX is rapidly becoming a highly sought-after asset. Users of the platform can send money straight to bank accounts all around the globe after converting over forty cryptocurrency assets into fiat money. This seamless process eliminates hidden fees, provides instant transfers, and often offers rates that are more affordable than those of traditional banking methods. Furthermore, companies can benefit from the Remittix Pay API, which lets them accept cryptocurrency payments and helps with fiat settling. Remittix is building a basis for a more inclusive and flexible financial ecosystem by enabling retailers to effectively manage digital assets. Remittix is the better alternative to conventional payment providers like Stripe and Wise as a link between crypto and fiat; crypto-exclusive platforms like Coinbase Wallet. Remittixguarantees accessibility and inclusivity for companies and people by supporting over 50 crypto pairs and more than 30 fiat currencies, therefore simplifying world business with its wide selection of choices. In addition, the platform's open flat-fee approach offers savings and transparency over high costs and inadequate exchange rates of conventional banks.. This approach guarantees that the full amount sent reaches the recipient, making Remittix a game-changer in the payments industry where shady practices are unfortunately all too common. Currently priced at $0.0207 during its ICO, the RTX token offers a compelling investment opportunity. Forecasts predict significant growth, with a 25x multiplier expected in the presale phase and over 1,500% gains after launch, as demand for innovative cross-border payment solutions continues to rise. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
The post Solana Hits Below $170 For The First Time Since November As Kaspa Holders Move Towards Remittix appeared first on Coinpedia Fintech News A startling change is occurring in the crypto scene as Solana (SOL) falls below the $170 barrier for the first time since November and Kaspa (KAS) exhibits indicators of a bullish breakthrough. Turning their focus to an emerging star— Remittix (RTX) , investors are looking past the volatility of top crypto coins like Solana and Kaspa. Remittix is fast rising to be the preferred choice for companies and individual investors with its creative approach to streamlining cross-border payments and bullish projections amid a successful presale. Perhaps Remittix will be the next major crypto trend in 2025. Read on to learn why experts are projecting notable increases for this promising initiative. Solana (SOL) Experiences Notable Volatility The Solana price has lately experienced notable volatility; last week’s drop was over 12%. Solana (SOL) plummeted more than 14% after failing to break past the $225 resistance zone, marking a month of significant swings. Bearish momentum has dropped the Solana price below the crucial $170 mark , even though the altcoin momentarily rebounded to $190. On the Solana price chart, a pattern of lower highs and lower lows points to ongoing bearish pressure. Still, the community’s positive sentiment reflects constant faith in the long-term potential of this promising altcoin. Although the Solana price chart shows short-term volatility taking the front stage, the future of the altcoin seems bright. Recording 14 out of 30 green days with a price volatility of 6.32%, Solana has shown its quick recovery from losses. With a 2025 Solana price prediction indicating a trading range between $180 and $540 this year, analysts are positive about its near-term direction. A Bullish Breakout On The Horizon For Kaspa (KAS) With a 7% increase in the past week following a decline to the $0.11 support level, the Kaspa price has lately exhibited a notable bullish momentum. Following swings between $0.121 and $0.108, upward momentum drove the Kaspa price above the crucial $0.133 mark, therefore indicating market strength once more. With its current price around 37% away from its all-time high of $0.207, Kaspa (KAS) is displaying bullish momentum despite a bearish month defined by a 17% drop. These swings have tried holders’ endurance, but Kaspa (KAS) is one of the top altcoins to keep an eye on in 2025 as its strong fundamentals have kept investor interest. In the long run, the Kaspa price chart presents a positive image. Reflecting the bullish sentiment among traders, technical indicators such as the Momentum Oscillator, MACD, and Moving Averages are flashing strong buy signals on the Kaspa price chart. As the token’s acceptance keeps rising, analysts see Kaspa (KAS) reaching a fresh all-time high this year. Remittix (RTX) Is Positioned To Revolutionize Global Payments Attracting the interest of both companies and individual investors, Remittix is fast rising as one of the best crypto investment options since it provides a transforming solution for cross-border transactions. Remittix Pay API and Remittix Checkout solutions let Remittix simplify worldwide payments by deftly including cryptocurrencies into payment systems. While allowing quick, safe, and affordable payments, these systems lower direct wallet transaction fees. Currently sold at a discounted presale price of $0.0207, the deflationary RTX token forms the foundation of this ecosystem and is therefore rather appealing for those wishing to profit from its great growth potential. With support for over 50 crypto pairs and 30+ fiat currencies, Remittix’s adaptability ensures a flawless cash-out process for users all around the globe, hence enhancing its appeal. Analysts project a notable rise in the RTX token this year as demand for dependable cross-border payment choices soars. Remittix offers a special chance for individuals looking for huge ROIs this year to profit from a fast-expanding market and a modern payment system ready to revolutionize the direction of world commerce. Remittix Promises Bigger Gains Than Solana and Kaspa While Solana (SOL) struggles with price declines and volatility and Kaspa (KAS) tries to break free from recent variations, Remittix (RTX) is quickly rising to be among the most profitable investment prospects for 2025 with its innovative ideas for flawless cross-border payments. Currently on a presale price of $0.0207, the RTX token offers investors looking for large profits in the next months an amazing possibility. Meanwhile, large investor demand has resulted in more than 162 million RTX tokens sold within a few weeks amid the limited total token supply. Join the Remittix (RTX) presale and community: Join Remittix (RTX) Presale Join the Remittix (RTX) Community