The post Who is Trump’s Crypto-Friendly Fed Pick? appeared com. US President Donald Trump is slated to choose a new Federal Reserve chair by Christmas, and the frontrunner, Kevin Hassett, could be a boon for the crypto industry. Hassett is a White House economic adviser who has reportedly emerged as a strong candidate for the Fed chair position. He is the director of the National Economic Council and oversaw the digital asset working group directed by the White House earlier this year. Trump has been trying to increase his administration’s control over the Federal Reserve, the country’s central bank, thereby expanding the White House’s influence over monetary policy. The nomination process has not yet begun, but observers are already speculating about what a Hassett chairmanship could mean for US monetary policy and crypto. Hassett’s official portrait. While there, he also served as an economist in the Division of Research and Statistics at the Federal Reserve Board of Governors. He was also a policy consultant with the Department of the Treasury under the administrations of former presidents George H. W. Bush and Bill Clinton. Hassett briefly sat on the White House Council of Economic Advisors during the first Trump administration. During the president’s second term, Hassett served as director of the National Economic Council (NEC), a part of the executive branch that the president uses for setting domestic and international economic policy. Despite a lack of clear public statements, Hassett is widely regarded as pro-crypto. In June, he revealed a stake of at least $1 million in Coinbase and that he was compensated at least $50,001 for his role on the exchange’s Academic and Regulatory Advisory Council.
Tag: crypto-friendly
Standard Chartered partners with DeCard for stablecoin payments
The post Standard Chartered partners with DeCard for stablecoin payments appeared com. Standard Chartered will partner with DCS Card Centre to support DeCard, a new card for spending stablecoins in the real economy. The partnership will set out in Singapore, with expansion to other key markets after that. Standard Chartered will serve the demand for regulated stablecoin payments, as well as convenience through DeCard. The card brand tapped one of the biggest global banking institutions, which has spoken in favor of on-chain payments. DeCard is now powered by one of the world’s most trusted financial institutions. We’re proud to partner with @StanChart to bring secure, transparent, and efficient stablecoin payments to the mainstream. More on the partnership 👉 pic. twitter. com/5eAMDXvVRM DeCard (@DCS_DeCard) November 11, 2025 Singapore has already signaled demand for electronic payment solutions, bridging the gap between banking and crypto. “This partnership is in line with our continued efforts to offer banking solutions for innovative Fintech partners and is central to our strategy of supporting clients in navigating the evolving digital assets space. Our investments in our platforms, capabilities and solutions allow us to be the trusted banking partner bridging TradFi to DeFi,” said Dhiraj Bajaj, Global Head of TB FI Sales at Standard Chartered. Standard Chartered has spoken in favor of crypto adoption. The bank’s CEO Bill Winters has talked about of the possibility for moving all financial transactions on-chain. Standard Chartered to offer banking settlement for crypto-based card Standard Chartered will use its virtual account and API to partner with DCS and create virtual accounts for DeCard holders. The card will immediately verify and clear incoming payments across multiple channels. On the user side, the card will offer a seamless experience, even as multiple transactions are settled. The bank will also handle all bank-side services and potentially connect to financial markets. The service will be regulated and limited.