While the regulator under Atkins has dropped several cases against crypto companies, the SEC still awaits passage of a market structure bill to clarify its authority over crypto. Since Paul Atkins was sworn in as chair of the US Securities and Exchange Commission (SEC) on April 21, 2025, the agency has significantly changed its position on regulation and enforcement related to digital assets, marking a shift from the leadership of former chair Gary Gensler during the Biden administration. During his 2024 presidential campaign, Donald Trump made removing Gensler one of his promises to the crypto industry, along with creating a national Bitcoin (BTC) stockpile and opposing the issuance of a US central bank digital currency. His November 2024 election win led to Gensler’s resignation in January 2025 and the appointment of SEC commissioner Mark Uyeda as acting chair of the financial regulator until the Senate could confirm Atkins as Trump’s pick to lead the agency. Read more
Bitcoin bulls retain control over the market, but charts show $80,000 is likely to remain a stiff overhead resistance. Will altcoins rally as BTC price consolidates? Key points: Buyers aggressively bought into the dip in Bitcoin, indicating positive sentiment. That increases the possibility of a rally to $84,000. Several major altcoins have pulled back to their support levels, signaling that the bears remain sellers on rallies. Read more
Drilling company Transgex SA (TRNG.RO) signed a framework service agreement put at RON184.9 million, excluding VAT, with Romgaz on Monday. The scope of the contract is the operation of drilling rigs at depths between 4,501 and 6,000 meters, for a period of four years.
Key developments Trump has confirmed an American delegation will be arriving in Pakistan for talks. While he said on Monday evening that JD Vance and an American delegation were en route to Islamabad, US news outlets reported that the US vice president had yet to depart Iran says it has yet to decide whether it will attend next round of talks with US; parliament speaker highlights lack of trust in Washington Tight security in Islamabad for arrival of foreign delegations; Red Zone sealed and public transport in twin cities suspended Uncertainty prevailed on Monday over whether the United States and Iran would hold a second round of direct talks, as mixed signals emerged from Tehran amid intensifying tensions with Washington, even as Islamabad prepared to host the two sides. Meanwhile, US Donald Trump confirmed that a US team would be in Islamabad for the expected talks. However, it was not clear when the team would depart and arrive in Pakistan. Initially, Trump told The New York Post on Monday evening that US...