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gallagher

Robinhood’s Dan Gallagher Passes on Potential SEC Chair Role

Dan Gallagher, Robinhood Markets' Chief Legal Officer (CLO) and former SEC commissioner, has decided not to pursue the role of Chair at the U.S. Securities and Exchange Commission (SEC). Notably, his decision comes amid growing speculation regarding leadership changes following the 2024 presidential election. Robinhood’s Dan Gallagher bows out of race for SEC chair — despite…

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18 states

18 US states Sue the SEC, Citing Authority Abuse Under Gary Gensler

On November 14, eighteen US states filed to sue the Securities and Exchange Commission (SEC) for "unconstitutional overreach and unfair persecution" of the crypto industry under Gary Gensler's leadership. Notably, it was a joint filing led by Russell Coleman, Kentucky's Attorney General (AG), in a Kentucky district Court. Accordingly, other AGs partnered with AG Coleman to…

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Trump appoints

Trump Aims to Appoint Crypto-Supportive Officials to Key Federal Finance Positions

Donald Trump's upcoming administration would install crypto-supportive candidates in key federal finance positions to foster a more receptive inclination towards crypto in the United States. Notably, this aligns with the ultimate goal of elevating the country to the status of the "Crypto Capital of the planet," as reported by local media. In his second term…

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Person holding the Nigerian flag with text overlay: "IMF Backs Nigeria's Crypto Adoption Amid SEC Crackdown"

IMF Backs Nigeria’s Crypto Adoption Amid SEC Crackdown

The International Monetary Fund (IMF) has thrown its weight behind Nigeria’s adoption of cryptocurrencies, recommending the licensing of global cryptocurrency exchanges. This move aims to address Nigeria's macroeconomic challenges, including currency instability and inflation, while bolstering its position in Africa's burgeoning crypto market​. Nigeria has faced significant economic hurdles, with a notable issue being the discrepancies…

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