Bitcoin ETF Decision Delayed Until After Trump Transition
By the time Cameron and Tyler Winklevoss receive a final decision from the SEC on their long-proposed bitcoin exchange-traded fund (ETF), a new president will be leading the US. Though an earlier 10th January deadline would have placed the decision by the SEC to approve or disapprove the Winklevoss brothers' request, paperwork filed today now extends the deadline to 11th March. While the extension isn't a surprise, one industry observer thinks the transition of power may have made it essential. Blockchain products lead at ARK Investment Management, Chris Burniske, said that SEC chair Mary....
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“A page in the book of history has turned, and there is an opening to think about some of our problems from a new perspective,” the gay Bitcoin enthusiast, Peter Thiel, who will serve on Donald J. Trump’s presidential transition team, told the New York Times after the election. “I’ll try to help the president in any way I can.” Since Donald J. Trump assumed the role of president-elect in last Tuesday’s U.S. election, much scrutiny has been put on his statements and team as the transition begins between President Obama and Mr. Trump. President-elect Trump appointed a litany of Republican....
Bitcoin is looking to retest its all-time high, near $20,000, as Donald Trump authorizes his administration to cooperate with president-elect Joe Biden's transition team.
US President-elect Donald Trump is, with the counsel of his transition team, in the process of putting together a list of individuals to form the incoming president’s cabinet and other prominent officials at the head of federal agencies. JPMorgan CEO Jamie Dimon is reportedly being considered for the job, a man who was once referred to Donald Trump as “the worst banker in the United States.” According to Reuters and CNBC sources, Trump’s advisors have suggested Jamie Dimon for the position of the country’s treasury secretary. One member of Trump’s transition team reportedly contacted Dimon....
President-elect Donald John Trump seems to have a lengthy to-do list when it comes to “making America Great Again.” This apparently includes meeting with, and potentially hiring many Bitcoin advocates and executives to join him in his administration. Trump Set to Shake Things Up. Yesterday, Trump met with two more people aligned with Bitcoin and its supporters for potential positions in Washington. This movement started with Peter Thiel, PayPal co-founder (with Tesla’s Elon Musk), and initial financier of Facebook, who has been a part of Trump’s political Transition Team since the election....
The next president, Donald J. Trump, has a lot on his plate over the next four years. He is still three weeks away from officially becoming the President-elect, and then another month away from becoming the 45th President of the United States. He is receiving advice from every corner of the country, even the globe, and he has a lot of important decisions to make. Might one be creating a regulator for the emerging FinTech industry? Many industry leaders think so, or something along those lines. Trump receives a letter from an alliance of major tech firms. You may not have previously heard....