PDAXScope: US SEC announces regulatory crypto task force

Trump’s SEC launching ‘crypto task force’ to develop clear regulations for industry (CNBC)

The Markets section of CNBC discusses the broad strokes of the US SEC’s announcement regarding a “crypto task force” for “developing a comprehensive and clear regulatory framework for crypto assets.” This stance aligns with the prevailing Trump rhetoric of being a much more crypto-friendly administration compared to Biden’s tenure alongside former SEC Chair Gary Gensler. 

Solana price rallies to $272, but what will it take for SOL to hit new highs? (Cointelegraph)

Cointelegraph notes that while SOL went up by 7% on January 22, it still hasn’t touched a new all-time high. While the current market upswing carried by memecoin trading hype has driven some of its current upward movement, many factors still serve as hurdles for a true SOL rally, as evidenced by comparatively reduced recent trading activity.

Coinbase CEO Meets Philippine Finance Chief in Davos to Explore PH Expansion (BitPinas)

BitPinas reports that PH Finance Secretary Ralph G. Recto met with Brian Armstrong, the co-founder and CEO of Coinbase, at the World Economic Forum in Davos. They cite Recto’s declaration of crypto regulatory readiness in the Philippines’ alongside consumer protection and financial stability, and Armstrong’s own enthusiasm for the potential of expanding into the local market and economy.

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