ChainCatcher news, executives from the digital asset industry are joining the ranks of tech company executives to meet with U.S. President-elect Donald Trump at Mar-a-Lago. Crypto.com CEO Kris Marszalek met with Trump at Mar-a-Lago on Monday.According to a source familiar with the matter, the two discussed appointments related to the crypto industry, including the Treasury Department, Congress, and the incoming administration. The source said they also talked about appointments related to Bitcoin reserves. A spokesperson for Crypto.com stated, "We look forward to working with the new administration to establish and advance clear regulations for the crypto industry, so that the U.S. can become a global leader in digital assets and innovation."

ChainCatcher news, Slow Mist founder Yu Xian tweeted that the main role of AI Agents in the cryptocurrency industry seems to focus on providing incentive mechanisms through token issuance, while major players outside the cryptocurrency industry are concentrating on defining interoperability protocols and developing more practical AI applications. Compared to technological advancements in non-cryptocurrency industries, the cryptocurrency industry's focus remains more on the token level, showing a clear sense of disconnection.

ChainCatcher news, Trump recently stated in an interview with CNBC, "We are going to do some great things with cryptocurrency... Others are accepting it, but we want to be the leaders."In addition, Trump also stated that the U.S. will strive to maintain its lead in the field of artificial intelligence. When asked whether the U.S. would establish a Bitcoin strategic reserve similar to the oil reserve, Trump replied, "Yes, I think we will."

ChainCatcher news, according to Coindesk, regulators in El Salvador and Argentina have signed an agreement to help both countries develop their cryptocurrency industries. Juan Carlos Reyes, the head of El Salvador's top cryptocurrency regulatory body and the National Digital Assets Commission (CNAD), stated that the agreement will help El Salvador expand its influence by establishing strategic partnerships.While the details of the deal remain unclear, Reyes indicated that the agreement aims to enable the two regulatory bodies to share knowledge and experience to promote cryptocurrency innovation.

ChainCatcher news, Grayscale has released a classification framework for the cryptocurrency industry, dividing the digital asset market into five major sectors: Currencies, Smart Contract Platforms, Financials, Consumer & Culture, and Utilities & Services.The report shows that despite Bitcoin's significant rise this year, the overall trend of crypto asset categories is divergent. The currency assets include Bitcoin, XRP, and Zcash; the smart contract platforms include Ethereum, Solana, and Polygon; the financials include Maker, Uniswap, and Aave; the consumer culture sector includes ApeCoin, Decentraland, and Sandbox; and the infrastructure services include Chainlink, Filecoin, and Lido DAO.

ChainCatcher news, Ripple CEO stated in an interview with CBS News' "60 Minutes": "Trump embraced cryptocurrency, and cryptocurrency embraced Trump."

ChainCatcher news, according to Jinshi reports, former New York Fed Chairman Bill Dudley stated that if the Trump administration truly wants to support the emerging cryptocurrency industry, it should establish a set of laws and regulations to allow it to develop and operate safely. For example, ensuring that stablecoins are fully backed by Federal Reserve deposits or short-term Treasury bills. Legislation should define whether tokens are currencies or securities, and who will regulate them. Rules should be established to protect consumers and prohibit their use in criminal activities such as financing terrorism or illegal drug sales.Cryptographic technology has the potential to improve the financial system— for example, making it easier and cheaper for people to trade financial assets, or enabling immigrants to send money back to their families more easily. However, without strong safeguards, fraud and abuse will persist, undermining the trust needed to establish these benefits.

ChainCatcher news, Trump announced the appointment of Silicon Valley investor David O. Sacks as the White House Director of Artificial Intelligence and Cryptocurrency. He posted on the social media platform Truth Social, "I am pleased to announce that David O. Sacks will serve as the 'White House Director of AI and Cryptocurrency.' In this important position, David will guide the government's policies in the two areas that are crucial to America's future competitiveness: artificial intelligence and cryptocurrency.David will work to make the United States a clear global leader in both fields. He will protect online free speech and keep us away from the biases and censorship of big tech companies. He will be dedicated to establishing a legal framework that provides the clarity the cryptocurrency industry has long sought, allowing it to thrive in the United States. David will also lead the President's Council of Advisors on Science and Technology. With his knowledge, business experience, wisdom, and pragmatism, David will make America great again in these two critical technologies. Congratulations, David!"

ChainCatcher news, Congressman French Hill may play a key role in shaping financial services priorities next year. He expressed concerns about the de-banking of the cryptocurrency industry and plans to closely examine this issue in the new year.Venture capitalist Marc Andreessen stated in a recent interview on Joe Rogan's podcast that the U.S. government had pressured banks to close certain accounts related to cryptocurrency and other industries.Hill said during a technology and finance-focused hearing held by the House Financial Services Committee on Wednesday, "There is no patience for this from either party. Legitimate businesses in this great country of America should have the freedom to access banking and financial services. We have seen this time and again. This committee will take a strong stance on this, and we have received documents and are reviewing them. We will continue to review this before the end of this Congress and into the next Congress."

ChainCatcher message, Three Arrows Capital co-founder Zhu Su stated on social media: "The crypto industry has now shifted from infrastructure-led to product-led.Compared to infrastructure investments, product investments carry higher risks, but this aligns more with the risk patterns that Web2 investors are accustomed to.This is just a return to normalcy."

ChainCatcher news, according to Bitcoin.com, Ripple's Chief Legal Officer Stuart Alderoty emphasized that he believes U.S. regulators have meticulously planned to stifle the cryptocurrency industry. In recent years, the cryptocurrency industry has faced significant challenges, which the industry refers to as "Operation Chokepoint 2.0," a coordinated effort by U.S. regulators to restrict banking services related to cryptocurrency businesses.Alderoty recently shared his views on Operation Chokepoint 2.0 on the social media platform X, mentioning a 2012 initiative where, reportedly, the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve, and the Office of the Comptroller of the Currency (OCC) pressured banks to stop providing services to certain industries.Alderoty believes that cryptocurrency has now become the main focus of similar strategies, noting: "In 2012, regulators (FDIC, OCC, Federal Reserve) used banks as a weapon against unpopular industries (gun shops, payday lenders, etc.) under the initial 'Operation Chokepoint.' Fast forward to 2021: cryptocurrency is the new target."

ChainCatcher news, according to Cryptonews, the investigation into the murder of cryptocurrency industry figure Kevin Mirshahi has made progress. Canadian law enforcement officials announced new developments on Tuesday, November 19, 2024, after discovering his body in a natural park in Montreal in October 2024.Quebec provincial police have arrested 27-year-old Darius Perry and 25-year-old Nackael Hickey, who are suspected of murdering Kevin Mirshahi. Both face charges of kidnapping and being an accomplice.Previous news reported that Canadian police confirmed the death of 25-year-old cryptocurrency industry figure Kevin Mirshahi, who had been missing after being kidnapped.