Day: January 16, 2025

Trump to make crypto a key national priority

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Photo: Ryan M. Kelly Key Takeaways Donald Trump plans to prioritize crypto as a key policy area through an executive order. The move signals a shift from Biden’s administration’s regulatory approach towards a more supportive stance on crypto. Share this article President-elect Donald Trump plans to issue an executive order prioritizing crypto as a key policy area, according to a Bloomberg report. The order could come as early as Monday and would establish a crypto advisory council to incorporate industry perspectives into the administration. The move represents a departure from…

Autonomous Worlds enter the DeFAI era with AI agent-driven ecosystems

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Key Takeaways Autonomous Worlds, powered by the Autonomous World Engine (AWE), merges AI and DeFi to build self-sustaining digital ecosystems. AI agent tokens are projected to reach a $60 billion market cap by 2025 as they transform various crypto-related functions. Share this article Autonomous Worlds is emerging as a new project in the DeFAI space, combining decentralized finance with artificial intelligence to create environments for AI agents. These environments are designed for AI agents to interact, learn, and evolve independently, paving the way for groundbreaking innovations in gaming, governance, and…

Trump Treasury nominee Scott Bessent rejects need for US CBDC

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Key Takeaways Treasury Secretary nominee Scott Bessent expressed skepticism about the need for a US CBDC, suggesting it suits countries with limited investment options. The Federal Reserve has been exploring CBDC potential since 2021, but Bessent’s remarks signal a cautious stance under the Trump administration. Share this article Scott Bessent, President-elect Donald Trump’s Treasury Secretary nominee, opposed the creation of a US central bank digital currency (CBDC) during his Senate Finance Committee nomination hearing Thursday. “I see no reason for the U.S. to have a central bank digital currency,” said…