The OCC said it would stop considering reputational risk, which was often cited as a reason to not bank crypto companies, from its supervision of banks.
Don’t expect the DOJ to reverse course on crypto
Ripple’s CEO posted on X that the SEC was dropping its appeal against the company, but it may not get the clean victory that it is promoting.
Attendees provided senior government officials a wish list.
Trump ended a controversial practice of banks shadow-banning crypto firms in the White House on Friday.
Trump signed an executive order Thursday establishing a Strategic Bitcoin Reserve made up of bitcoin the government already owns, as well as a Digital Asset stockpile of other assets.
Trump's crypto reserve announcement came as a surprise to government insiders.
Sources say Ripple executives wanted to include other tokens developed in America in the reserve.
A White House source says that despite his online hints, Hoskinson has not met with the president, at least since inauguration, and has no involvement in policy.
Three lawyers proposed new legal arguments on Monday that could clarify whether some crypto assets are securities.
Trump’s pick for the role, Brian Quintenz, is on the board of prediction market company Kalshi.
The Trump administration is considering an alternative plan that might cause less conflict between industry leaders.
