Policy

Trump Picks Pro-Crypto Hedge Fund Manager Scott Bessent for Treasury Secretary

If the Senate confirms Bessent, the next person whose signature is on the front of paper U.S. currency will be a fan of digital assets created to replace the conventional financial system.

Scott Bessent (Drew Angerer/Getty Images)

[TESTING 3.90.0 - Timeline cache] 1 DOJ 'Overreaching' in Trying to Block Sam Bankman-Fried's Proposed Witnesses, Defense Says

The DOJ, for its part, said the defense mischaracterized a proposed prosecution witness's planned testimony.

Sam Bankman-Fried  (Liz Napolitano/CoinDesk)

German Chancellor Scholz Calls Snap Election as Coalition Government Collapses

Olaf Scholz is looking to bring the general election forward to March from September.

Chancellor Olaf Scholz (Sean Gallup/Getty Images)

More from Policy

Live Updates: Trump Wins 2024 U.S. Presidential Election

Up-to-the-minute coverage on the presidential and congressional races and how they stand to shape crypto legislation and regulation.

Vice President Kamala Harris and former President Donald Trump (Danny Nelson/CoinDesk)

Binance, CZ’s Lawyers File Motion to Dismiss Amended Complaint in SEC Lawsuit

Lawyers slammed the SEC for a lack of clarity on regulation when it comes to virtual assets.

Founder/CEO of Binance Changpeng Zhao, closeup

Andreessen Horowitz Donates $23M to Crypto Super Pac Fairshake for 2026 Elections

Fairshake now says it has a $78 million war chest for the upcoming midterm elections.

Chris Dixon of a16z Crypto announces another $25 million in U.S. campaign donations at Consensus 2024. (Jesse Hamilton/CoinDesk)

Citigroup, Fidelity International Unveil Proposal for On-Chain Fund With Real-Time FX Swaps

Their proof-of-concept aims to boost liquidity and efficiency in multi-currency transactions.

Citibank logo

Singapore Pushes for Commercialization of Tokenization

The regulator has seen strong interest in tokenization among the fixed income, FX and asset management sectors.

Night view of Singapore taken across the water.