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In December 2024, Federal Reserve Chairman Jerome Powell addressed the possibility of a favorable regulatory environment for Bitcoin following Trump’s arrival. During a press conference, Powell stated that the central bank's internal regulations prohibit holding Bitcoin and that any changes to this policy would require congressional approval. This directly ...
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A federal appeals court has ruled in favor of Coinbase, delivering a blow to the Securities and Exchange Commission (SEC) over its refusal to establish clear regulations for cryptocurrency. According to the ruling issued today (Monday), Judges criticized the SEC's handling of the matter, calling its denial of Coinbase's 2022 petition "arbitrary and ...