Rabu, 22 Januari 2025

🚀SEC launches crypto task force; DOGE slapped with more lawsuits


	View in browser

Your Daily Digest of the 🔥Hottest News in Crypto

Today's top stories:

🚀 SEC launches crypto task force

👨‍⚖️ DOGE faces a flurry of legal challenges

🎧 No mention of crypto on Trump's first day in office

📰 Keep reading to find out about all of today's top stories and more

SEC launches crypto task force led by Hester Peirce

The US Securities and Exchange Commission has taken its first step toward crypto regulatory clarity following former Chair Gary Gensler's departure on Jan. 20.

According to a Jan. 21 announcement, the agency is creating a crypto task force dedicated to developing a framework for digital assets. The task force will be led by Commissioner Hester Peirce, dubbed "Crypto Mom" for her pro-crypto stance when it comes to regulation.

Get the Full Story

Bitcoin holds above $106K as traders bite nails over the absence of Trump crypto executive order

Bitcoin price bounces back above $106,000 as the US Dollar Index cools and markets react positively to Trump's pro-America agenda.

Crypto and equities markets roared toward new highs on Jan. 21, with Bitcoin making up the bulk of the ground lost during its pullback on Jan. 20.

In the US, stock markets were closed on Jan. 20 in observation of Martin Luther King Jr. day, but traders' optimism over what is believed to be a markets and business-climate-friendly Trump presidency was reflected right at the opening bell.

Becoming a Web3 legend? Start with the right Formula

Web3 legends aren't born—they're built, and Formula is part of the journey. Backed by Cointelegraph's decade of media expertise and collaboration with leading brands, our marketing agency is here to help you rise above the noise and lead the Web3 space.

Learn more about Formula

OPINION

The TRUMP factor — We can't ignore memecoins any more

Memecoins are becoming a serious investment category. Memecoins mean business now.

🧐DISCOVER the Best MEMECOINS by Market Cap

Get up-to-date data on leading memecoin tokens on decentralized exchanges (DEX). The tokens are ranked by their 24-hour price change.

Show Me!

US Department of Government Efficiency slapped with more lawsuits

DOGE is being sued by an ethics watchdog, a nonprofit law firm, a federal workers union and a nonprofit members organization.

The US Department of Government Efficiency (DOGE), a temporary organization established via executive order by President Donald Trump, has faced a flurry of legal challenges following Inauguration Day.

On Jan. 20, Cointelegraph reported that DOGE was being sued by the nonprofit law firm National Security Counselors for allegedly violating the Federal Advisory Committee Act (FACA), which governs federal committees to ensure public involvement in the process.