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POWER MOVE: FORMER CFTC CHAIR JOINS MOONPAY! ๐จ ๐๏ธ๐ณA massive win for crypto adoption! Caroline Pham, former acting chair of the CFTC, is officially the new Chief Legal Officer at MoonPay. ๐โจ ๐ WHY THIS IS HUGE: Elite Leadership: Bringing top-tier U.S. regulatory expertise to the crypto payment world. โ๏ธ๐ฆ Institutional Bridge: MoonPay is positioning itself for a massive regulated future in 2026. ๐๐ Bullish Signal: When top government officials move to crypto, it means the "Green Light" is getting brighter! ๐ข๐ฅ ๐ก๏ธ THE MOONPAY EVOLUTION: With Pham at the helm of legal and admin, expect MoonPay to lead the charge in global compliance and seamless crypto-to-fiat adoption. ๐ธ๐ "The gap between Washington and Web3 is officially closing!" ๐ฆพ๐ก๏ธ
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๐บ๐ธ President Trump says the current financial system is outdated and will soon be replaced with a state-of-the-art cryptocurrency framework under the New Structure Bill. The entire financial system could go on-chain, powered by crypto!
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๐บ๐ธ SEC Chair Paul Atkins says the Bitcoin and crypto structure bill is expected to pass Congress very soon, signaling progress toward clearer regulation and increased confidence for the crypto market.
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The richest man in the world worth $749 billion is predicting huge growth over the next 12-18 months. Probably nothing. ๐
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BRICS Orders 1.7 Million Oil Barrels in a Big Blow to the US. In a big blow to the US and the Trump administration,ย India ordered 1.7 million barrels of oil from its BRICS counterpart, Russia, in November, despite sanctions, and the amount is up 3.4% from October. In addition, 1.2 million barrels of oil were shipped from Russia to India in December. The procurement comes despite India being under pressure from the US to stop buying Russian oil. Despite 50% tariffs by the US, Indian refiners, such as Indian Oil Corp and Bharat Petroleum, are buying Russian crude oil much more than expected. Hindustan Petroleum is also in talks with Russia and could resume oil purchases from January 2026. BRICS members India and Russia are not at all bowing down to US sanctions and continuing the purchases. BRICS is receiving oil at discounted prices from Russia and saving millions in foreign exchange rates. The settlements are happening in local currencies such as the rupee and the ruble. The Chinese yuan is also being used for oil deals with China. The US $ is being phased out like anything, thanks to the sanctions from the White House. While BRICS is helping Russia in sustaining its economy, the US thinks otherwise. American authorities gave a statement that sanctions are working against the Russian economy.ย โThanks to President Trumpโs leadership, Russia has been forced to accept deep discounts and fewer buyers for its oil. These pressures are limiting the Kremlinโs revenues and increasing the financial strain of sustaining its war." India had previously saved close to $7 billion in foreign exchange rates and benefited from the US sanctions on Russia. The sanctions have mostly turned out to be a blessing in disguise for BRICS members. It also helped them advance to move away from world most dominated currency while saving big on exchange rates. Despite the $TRUMP administrationโs trying to clamp down on oil sales, it has yet to be successful.
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