ChainCatcher news, according to Cointelegraph, rumors have begun circulating on social media about Ripple Labs CEO Brad Garlinghouse's recent meeting with incoming President Trump, as the company and Garlinghouse face criticism from industry executives. In response to these rumors, former Messari CEO and founder Ryan Selkis commented, "Brad Garlinghouse is vigorously promoting the deployment of XRP and CBDCs." Riot Platforms Vice President of Research Pierre Rochard retweeted Selkis's comment.Rochard agreed with Selkis's view and wrote, "We cannot allow Ripple to influence U.S. policy-making with their anti-Bitcoin agenda," and expressed hope that Trump would appoint more Bitcoin supporters to his administration. It is rumored that Garlinghouse's meeting with Trump was one of the catalysts for the recent rise in XRP.When appearing on Fox Business recently, Garlinghouse neither confirmed nor denied the rumors of a meeting with Trump. However, he expressed confidence in the future of the crypto industry under Trump's administration. He also stated that he was not surprised by the positive reaction of the crypto market following Trump's victory on November 5. Garlinghouse pointed out that SEC Chairman Gary Gensler's hostility towards the industry is a major driving force suppressing U.S. crypto projects.

ChainCatcher news, according to DLNews, UK Chancellor Rachel Reeves has announced the first budget proposal, raising the highest capital gains tax rate from 20% to 24%, and increasing the lower rate from 10% to 18%. Although the increase is lower than the tech industry's previous expectations, it has still faced criticism from representatives of the crypto industry.A spokesperson for CryptoUK expressed disappointment to the media that the Chancellor failed to seize the opportunity to unify the digital asset tax system with traditional trading, and also did not provide clearer tax guidance for the industry, leaving many startups, growth-stage companies, and investors in a state of uncertainty.Reeves stated that the tax rate adjustments aim to fill the £22 billion public spending gap left by the Conservative government. She pointed out that even after the increase, the UK's tax rates remain lower than those of other European G7 economies.

ChainCatcher news, MicroStrategy Executive Chairman Michael Saylor has faced criticism from the community for his recent comments, suggesting that Bitcoin holders transfer their Bitcoin to "too big to fail" financial institutions instead of using self-custody.It is reported that Saylor had previously been a proponent of Bitcoin self-custody, believing that self-custody could prevent custodial institutions from abusing their power.

ChainCatcher News, the Federal Reserve Bank of Minneapolis recently released a new research report expressing concerns about the impact of Bitcoin on government fiscal policy, suggesting that it may need to be taxed or legally prohibited to help the government manage deficits.The paper argues that Bitcoin complicates efforts to maintain a permanent government deficit, especially in an economy that relies on nominal debt. It points out that Bitcoin creates what is known as a "balanced budget trap," forcing the government to balance its budget.This paper has faced sharp criticism from Bitcoin supporters. Matthew Sigel, head of digital asset research at VanEck, stated that the Federal Reserve Bank of Minneapolis now aligns with the European Central Bank's (ECB) critical stance on Bitcoin.He noted that the document envisions implementing legal prohibitions and additional taxes on Bitcoin to ensure that government debt remains the only "risk-free" security.Dan McArdle, co-founder of Messari, specifically pointed out a paper published by the bank in 1996 titled "Money is Memory," which described money as a fixed supply object that does not enter production, a concept closely related to the design of Bitcoin.

ChainCatcher news, according to Decrypt, in a bid to gain the support of Black male voters, Democratic presidential candidate Harris's campaign team released an outreach agenda this week, which includes a commitment to develop cryptocurrency regulatory policies to protect Black men investing in digital assets.This is the most specific statement from the current Vice President so far, as her campaign has shortened since she took over from Biden in July, with far less focus on cryptocurrency compared to her Republican opponent, former President Trump.Harris's campaign team's actions this week have elicited mixed reactions. While some cryptocurrency investors and industry insiders appreciated Harris's tougher rhetoric on cryptocurrency regulation, others criticized the wording as specifically targeting Black men."Research shows that over a quarter of Black Americans own cryptocurrency, while only about 15% of whites do, so cryptocurrency is more readily accepted," said Dr. Emdad, director of the Blockchain and Fintech Research Center at Morgan State University. "People have been waiting, and I think it's a bit late—but nonetheless, this statement is necessary."

ChainCatcher news, Silicon Valley's renowned investor Tim Draper stated on X that he has donated to the campaigns of Harris and Trump, with amounts being roughly equal.He said, "This allows my wife and me to meet both candidates and make a more informed decision. My conclusion is that both candidates are in the right place; although they will set different paths for America, I optimistically believe that either path is positive, and I support both candidates."This action has faced significant public criticism, with Messari founder and former CEO Ryan Selkis stating, "If you are so vile that you cannot support a president (referring to Trump) who does not allow our country to be overrun by illegal immigrant criminals, then what is the point of being a billionaire? Silicon Valley people are truly pathetic."

ChainCatcher news reports that, according to Wu, the community widely criticizes the Celestia Foundation's OTC token sales for not providing any necessary transparent disclosures to the community. It is believed that they have disguised the token sales as favorable financing news, leading retail investors and the community to buy in. The community thinks that the foundation or team should promptly disclose valuations and ownership for such actions and accurately indicate that this is an over-the-counter transaction rather than financing.Information obtained by Wu indicates that the price for the TIA OTC token sale is $3, with one-third unlocking on October 31, and the remaining portion unlocking linearly over the next year. The market response to the sale has been very enthusiastic, with many institutions hoping to acquire shares ultimately not receiving any or only receiving a very small portion.

ChainCatcher message, Ethereum co-founder Vitalik Buterin replied to a tweet on X regarding "Worldcoin project data collection," stating: "In my personal opinion, they (Worldcoin) have indeed taken privacy criticisms seriously and designed their system to minimize data collection. Modern cryptography is indeed amazing."