Feb 5: David Sacks Press Conference, XRP Goes Down, FTX Repayments Coming
David Sacks prioritizes stablecoin regulation as White House AI and crypto czar, while the SEC shifts to a transparency-focused approach. XRP Ledger briefly halts, Ondo Finance launches a tokenized securities platform, FTX begins creditor repayments, and WazirX warns of potential decade-long delays following its $234M hack. Crypto markets react to regulatory shifts.
RESOURCES
https://www.cnbc.com/2025/02/04/trump-crypto-czar-david-sacks-says-priority-is-stablecoin-legislation.html…
The skinny
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