President Donald Trump announced pro-bitcoin Kevin Warsh as his nominee to serve as chairman of the Federal Reserve, confirming speculation from prediction markets.
President Trump said at the World Economic Forum in Davos that he wants to sign sweeping U.S. cryptocurrency market structure legislation very soon, framing digital assets as a strategic priority for American innovation.
A U.S. official denied reports that the bitcoin forfeited by Samourai Wallet developers was sold and said it will remain on the government’s balance sheet in compliance with President Trump’s executive order.
Bitcoin could face heightened volatility if the Supreme Court rules against Trump on his global tariffs, impacting markets across crypto, equities, and bonds.
As Keonne Rodriguez prepares to surrender to federal prison on December 18, advocates urge President Trump to pardon the Samourai Wallet co-founders, citing prosecutorial misconduct and a disputed interpretation of unlicensed money transmission laws that even FinCEN rejects.