2025-01-22 Daily Crypto News Update

according to The Wall Street Journal, Coinbase Global CEO Brian Armstrong said in an interview at Davos, Switzerland, that if new U.S. legislation requires it, Coinbase will delist the USDT stablecoin from its U.S. cryptocurrency exchange.

according to Bloomberg, Circle CEO Jeremy Allaire stated that stablecoin regulation is a top priority, and he expects to soon see an executive order on cryptocurrencies.
He also mentioned that the selection of Mark Uyeda as SEC Acting Chair is a very excellent choice.

Trump posted on his social media Truth Social, saying, “I just spoke to the mother of Silk Road founder Ross William Ulbricht, telling her that I am honored to have just signed a full and unconditional pardon for her son Ross.

According to market sources, SEC Acting Chair Mark Uyeda announced the establishment of a new crypto task force.
The new cryptocurrency task force will focus on developing a comprehensive and clear regulatory framework for crypto assets. Senior advisors Gabbert and Asher will serve as the Chief of Staff and Chief Policy Advisor of the task force, respectively.

Bloomberg’s Senior ETF Analyst Eric Balchunas posted a message stating that Rex has applied to launch a DOGE ETF as well as a TRUMP ETF.

Vitalik addressed the community discussion on “ETH holder participation in Ethereum Foundation (EF) governance,” stating, “I support introducing a device similar to anoncast for Ethereum holders, where, similar to proving you hold N ETH through zero-knowledge proof (ZKP), you can make a statement every (120 million / N) seconds.”
Create a Twitter account @eth_holders and set up a bot that follows these rules. This way, we can avoid distortions on social media and have a truly representative public voice of the ETH holder community, leveraging our own technology.
Hoping that farcaster or LensProtocol can set up smart contract-friendly logic to allow the entire mechanism to run trustfully and without intermediaries on their platform.
We can also create a similar system based on “identity proof” zero-knowledge proof. Corresponding solutions can be developed for Worldcoin and Aboutcircles. It would be interesting to see the general public’s views on these ideas, as well as ETH holders’ opinions.

Telegram will cease to support any blockchain other than The Open Network (TON) for its messaging service, including Mini Apps.
TON will become the sole blockchain infrastructure for the Telegram Mini App ecosystem, as part of a new collaboration between Telegram and the TON Foundation. The announcement also notes that Telegram will continue to only accept TON as non-fiat payment for exchanging assets and services provided by Telegram.

according to Cointelegraph, the CEO of a US bank stated that the financial industry is ready to accept cryptocurrency payments if regulators approve.

according to Bitcoin News, concerns are growing within the Ethereum ecosystem about its development speed. Jesse Pollak, head of Base, criticized Ethereum’s current roadmap as overly conservative and called for the planned 2027 update to be moved up to early 2026.
Ethereum Foundation developer Dankrad Feist also shares a similar view, stating that the current growth plan lacks ambition and pointing out issues in the existing upgrade process. Feist also questioned the view that scalability can only be achieved on layer 2 networks, emphasizing that significant on-chain scaling for Ethereum is feasible.
Meanwhile, competitor Solana is attracting new users with a different scaling approach, especially after former President Trump and the First Lady launched a meme coin.

according to market sources, the U.S. government’s Department of Government Efficiency (DOGE) official website has gone live, featuring the Dogecoin LOGO.