December 2024 saw significant crypto policy developments worldwide, with the U.S. appointing a new SEC chair and approving Bitcoin ETFs, the EU implementing its MiCA legislation, and several countries introducing new rules on mining, transactions, and taxation.
Trump's nominee may end Gensler's war on digital assets, but legacy Democratic appointments and banking hesitancy could challenge the pro-crypto agenda.
Ethena unveils USDtb as a conservative alternative to its high-yield USDe stablecoin, while its governance token ENA surges 25% over the weekend following an investment from the Trump-led World Liberty Financial.
Meme-coin trading accounted for 65% of November's volume as Pump.fun's automated system, while post-election speculation fueled record activity on Solana's leading exchange.
Over 41 million tokens have been minted ahead of New York's regulatory decision, while XRP surges past Tether and Solana to claim the third spot amid ETF filings and a new wave of meme coins.
The man who promised to "unbank" millions and created one of the worlds largest crypto lending platforms now faces up to three decades in prison after admitting to extensive market manipulation and fraud.
