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Former finance minister says Germany is not recognizing Bitcoin’s value
Christian Lindner, the former Finance Minister of Germany, questioned the country’s leaders for not adopting Bitcoin’s economic opportunities, especially as the U.S. moves forward with crypto innovation. The leader of the Free Democratic Party (FDP) Christian Lindner questioned the German government for failing to adopt Bitcoin’s economic opportunities. He pointed out that key German leaders […]Cryptopolitan
Tue, Dec 17
Nvidia stock tanks on FUD, competition spike
Nvidia stocks dropped over 2% in the early hours of today as investors became increasingly concerned about AI spending. Investors argue that the spending that has been instrumental in the company’s growth could diminish or extend to its competitors. The decline follows comments from Microsoft and Google that their AI expenditures will expand at a […]Cryptopolitan
Tue, Dec 17
China sets historic 4% GDP deficit for 2025 spending plans
China’s leadership has approved its most aggressive fiscal stance ever, setting a record-high budget deficit target of 4% of GDP for 2025. The decision comes as the country braces for economic headwinds and prepares for a new round of trade pressures, particularly from the United States. Alongside the deficit boost, China has locked in its […]Cryptopolitan
Tue, Dec 17
Geopolitics to weigh on semiconductor industry in 2025: KPMG survey
The semiconductor industry is poised for a good 2025, but geopolitical tensions and trade restrictions are seen offsetting further growth, according to a recent KPMG study. According to a KPMG 20th annual Global Semiconductor Outlook report by the US audit, tax, and advisory firm, as well as the Global Semiconductor Alliance (GSA), executives in the […]Cryptopolitan
Tue, Dec 17
Anti-crypto SEC Commissioner Caroline Crenshaw gets kicked out
Caroline Crenshaw is out. The SEC commissioner, famous for her anti-crypto stance, won’t be getting a second term. The Senate Banking Committee abruptly canceled tomorrow’s scheduled renomination vote. Just like that, one of crypto’s most vocal adversaries is off the field. Crenshaw’s four-year run in the U.S. Securities and Exchange Commission (SEC) left a trail […]Cryptopolitan
Tue, Dec 17
Why Powell and the Fed should hold off on rate cuts next year
Jerome Powell and the Federal Reserve are staring down a market that’s already counting on a rate cut this month. Investors have latched onto the latest inflation numbers like it’s a done deal — but it’s not. The Fed’s target is 2%, and the path to get there isn’t as smooth as Wall Street wants […]Cryptopolitan
Tue, Dec 17
PENGU early investors sell $9m in tokens, raising dumping concerns
The PENGU project is facing concerns after early investors reportedly sold off a significant chunk of tokens, triggering fears of a market dump. Combined with massive profits by traders and a sharp price drop, the project can now be under scrutiny as its valuation takes a hit. PENGU early investors take profit by dumping tokens […]Cryptopolitan
Tue, Dec 17
Nigeria SEC provides new guidelines for promoting crypto assets and services
Nigeria Securities and Exchange Commission (SEC) has amended its Digital Assets rules to include provisions for promoting and marketing crypto assets and services. The rules are scheduled to become effective by June 30, 2025, giving sufficient time for crypto entities and influencers in this category to comply. Under the new provisions, the SEC will now […]Cryptopolitan
Tue, Dec 17
Sarah Knafo, European MP: “No to the digital euro, yes to a strategic Bitcoin national reserve”
Sarah Knafo, a member of the European Parliament, gave a pro-Bitcoin speech in the European Parliament on December 17, calling for the establishment of a “Bitcoin strategic reserve” while opposing the digital euro.Cryptopolitan
Tue, Dec 17
Ripple officially launches $RLUSD stablecoin, now live on these crypto exchanges
It is now confirmed! The Ripple USD (RLUSD) stablecoin has been officially launched by the titular San Francisco-based crypto company. At present, the stablecoin is intended to run on two networks concurrently: Ethereum and, of course, Ripple’s “native” ledger, XRP Ledger (XRPL). According to reports, RLUSD has already been officially made accessible to all users. […]Cryptopolitan
Tue, Dec 17
UK’s FCA warns citizens to avoid Solana-based meme coin
The Financial Conduct Authority (FCA) in the U.K. has issued a public notice aimed at the Solana meme coin Retardio. FCA alleges that this entity may be offering or endorsing financial services or products without the necessary authorization. According to FCA, using the meme coin disqualifies investors from contacting the Financial Ombudsman Service which provides […]Cryptopolitan
Tue, Dec 17
