The FDIC's decision to revise guidelines allowing banks to offer Bitcoin and crypto services is part of a broader trend where U.S. regulatory bodies are adapting to the digital asset space, following advocacy from companies like Coinbase to ease restrictions on crypto services in traditional banking. The mention of "tokenized deposits" refers to the potential future scenario where bank deposits could be represented on blockchains, enhancing security and efficiency, and aligning with global explorations into tokenized assets as alternatives to stablecoins and CBDCs. This development is occurring under a supportive political climate, with recent indications that the Trump administration has a pro-crypto stance, aiming to integrate digital currencies more fully into the financial system, which could lead to significant changes in how banks and cryptocurrencies interact.

The SEC has recently reassigned over 50 lawyers from its cryptocurrency enforcement unit, signaling a shift in focus. Jorge Tenreiro, a top crypto litigator, was moved to the IT department, indicating a significant change in the SEC's approach to crypto regulation. This move coincides with the launch of a new Crypto Task Force website aimed at providing clarity on crypto laws. The SEC's enforcement efforts are being scaled back, with a new emphasis on regulatory clarity rather than aggressive enforcement. The reassignment and establishment of the task force suggest the SEC is moving towards a more balanced regulatory approach, potentially ending the aggressive stance known as "Crypto Choke Point 2.0". This shift comes under the leadership of Acting Chairman Mark T. Uyeda, who is known for being supportive of the crypto industry.

😂😂

Oklahoma introduces Bill to let state employees be paid in btc....

BREAKING: Canada announces $1.3 billion border plan to stop the flow of fentanyl, tariffs put on hold.

Good night all!

Think we're on the same page anyway