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Dernières de Nikhilesh De
Waters Tells Biden to Rescind OCC Crypto Guidance; May Be Part of Anti-Trump, Anti-Crypto Offensive
The head of the House Financial Services Committee wants President-elect Biden to to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service to bank customers.

Coin Center Donations Top $100K Worth of Dai Following Anti-Stablecoin Bill Proposal
Donations in dai, USDC, and ether were sent to Coin Center via Gitcoin.

US Lawmakers Introduce Bill That Would Require Stablecoin Issuers to Obtain Bank Charters
Rep. Rashida Tlaib, Rep. Stephen Lynch and Rep. Jesus Chuy Garcia have introduced a bill that would require stablecoin issuers to secure bank charters and either obtain FDIC insurance or maintain full reserves to operate in the U.S.

Libra Rebrands to 'Diem' in Anticipation of 2021 Launch
The Libra Association is rebranding itself as Diem to distance itself from the original multi-currency stablecoin vision as it prepares for a possible 2021 launch.

Gary Gensler Under Consideration for Deputy Treasury Secretary Role: Report
Former CFTC Chair Gary Gensler, who's leading Joe Biden's financial oversight team, may be tapped as Deputy Treasury Secretary.

Coinbase Will Suspend All Margin Trading Tomorrow, Citing CFTC Guidance
Coinbase plans to suspend all margin trading contracts effective tomorrow, and will end the service entirely by next month.

In Her Own Words: Here's What Janet Yellen Has Said About Bitcoin
Janet Yellen wasn’t a fan of bitcoin when she ran the Fed. Her views as Treasury Secretary may shape crypto regulation over the next four years.

Ethereum 2.0 Deposit Contract Secures Enough Funds to Launch
The smart contract required for triggering Ethereum 2.0 has enough funds to begin activation of its most ambitious upgrade yet.

IRS Again Warns Crypto Investors They Under-Reported Gains
For the second year in a row, the IRS is telling crypto investors they under-reported crypto gains. But it may be a false alarm again.

Biden to Tap Former Fed Chair Janet Yellen as Treasury Secretary
Former Fed Chair Janet Yellen is expected to be tapped to run the Treasury Department, where she would oversee federal agencies that impact crypto.
