cathyar24

@cathyar24

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Still, its shares have since pulled back and currently trade at around 4,000 yen.

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Metaplanet’s stock has surged since it began acquiring Bitcoin, rising from 200 yen to 6,650 yen in early 2025, marking a 3,225% increase in less than a year.

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In the absence of positive catalysts, the correction could take Bitcoin price as low as $81,000, Lee told Cointelegraph, adding:

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Within two days of the attack, Bybit’s Ether reserves rebounded to nearly half of pre-hack levels, according to CryptoQuant data.

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“Digital assets like Bitcoin and Ethereum are commodities, not securities. Legislation must empower the Commodity Futures Trading Commission (CFTC) to oversee the crypto spot market, ensuring transparency and protecting consumers from fraud and manipulation,” wrote Shirzad.

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Shirzad outlined six legislative priorities, including granting full spot market authority to the CFTC.

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Coinbase’s chief policy officer, Faryar Shirzad, penned a two-page proposal urging Congress to act swiftly in ushering in regulatory clarity and consumer protections for crypto users.

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Crypto exchange Coinbase believes the US Commodity Futures Trading Commission (CFTC) should be granted full authority over spot cryptocurrency markets — a move that could significantly diminish the Securities and Exchange Commission’s (SEC) role in the digital asset sector.

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US President Donald Trump posted to Truth Social on Feb. 17, sharing a picture of Milei and the words, “If printing money would end poverty, printing diplomas would end stupidity.” On X, Milei reposted several screenshots of Trump’s post.

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“This scandal, which embarrasses us on an international scale, requires us to launch an impeachment request against the president,” opposition lawmaker Leandro Santoro told Reuters on Feb. 16.

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Even though the Supreme Court has a 6–3 conservative bias, “these justices are erudite, well-socialized creatures of the swamp, and they, unlike Trump, are profoundly restrained by their social contexts,” said Brogan.

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Indeed, now that Republicans have a majority in Congress and control the White House, observers believe it is likely the US legal system will become a key platform for opposing Trump’s policies.

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“The ‘move fast and break things’ mentality may clash with the deliberate pace of government,” said Rossow, which could result in “legal challenges to new policies.”

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Some agencies and committees have challenged FACA in the past but “with limited success,” said Brogan.

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McClanahan noted National Security Counselors is “not looking to shut DOGE down, just ensure that it follows the rules. So, we’re going to argue that it can’t operate as an advisory committee until it does.”

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Kelly McClanahan of National Security Counselors — one of the plaintiffs in Lentini v. Department of Government Efficiency — told Cointelegraph, “That means that it has to have members who represent all of the perspectives of the people who will be affected by it.”

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One key aspect — particularly as it relates to DOGE — is FACA’s condition that a committee be “fairly balanced in terms of the points of view represented and the functions to be performed by the advisory committee.”

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To achieve this, FACA requires lots of filing, reporting and for open and transparent meetings to be published in the Federal Register at least 15 days prior.

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Rossow told Cointelegraph, “Its true power, despite how the media has already presented it, was transforming a long-standing informal practice of seeking external expertise in governance into a structured, accountable system that is designed to serve the public interest — not to be utilized as tools for undue influence or for those in high-ranking positions of government.”

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After World War II and on through the 1960s, thousands of executive committees had proliferated. By the late stages of America’s war in Vietnam, following years of mass protests and civil unrest, trust in government had reached new lows. In 1972, FACA passed amid “significant pressure for transparency in government.”

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