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Golden Morning News | List of important developments overnight on August 8

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2025-08-07 23:32:03
21:00-7:00 Keywords: Paxos, Chainlink, Scenius Capital, Stephen Milan
1. Chainlink will use the agreement revenue to establish a LINK reserve.
2. Trump announced the nomination of Stephen Milan to the Federal Reserve Board of Governors.
3. People familiar with the matter: Waller has become a popular candidate for the new chairperson of the Federal Reserve.
4. Trump signed an executive order to end the crypto industry's "disconnected banking services";
5. Paxos reached a 48.50 million dollar settlement agreement with New York financial regulators;
6. Trump signed an executive order allowing 401 (k) retirement plans to invest in cryptocurrencies.
7. Scenius Capital raised $20 million for a cryptocurrency venture fund;
8. The legal dispute between the SEC and Ripple has officially come to an end, and the XRP non-securities ruling has finally taken effect.
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