Golden Morning News | Overview of Important Developments Overnight on August 8

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[Golden Morning News | Important Overnight Developments Overview on August 8] 21:00-7:00 Keywords: Paxos, Chainlink, Scenius Capital, Stephen Milan

  1. Chainlink will use protocol revenue to establish LINK reserves;
  2. Trump announced the nomination of Stephen Moore to the Federal Reserve Board;
  3. Insider: Waller is a leading candidate for the new chair of the Federal Reserve;
  4. Trump signed an executive order to halt the "disconnection of banking services" in the cryptocurrency industry;
  5. Paxos reached a settlement agreement of $48.5 million with New York financial regulators;
  6. Trump signed an executive order allowing 401(k) retirement plans to invest in cryptocurrency;
  7. Scenius Capital raises $20 million for cryptocurrency venture fund;
  8. The legal dispute between the SEC and Ripple has officially come to an end, with the ruling that XRP is not a security taking effect.
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