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US CFTC, FDIC Revoke Crypto-Related Restrictions for Banks: All Details
The US, under President Donald Trump, is making strides in creating a nurturing environment for the crypto sector to grow. In a fresh development, the Federal Deposit Insurance Corporation (FDIC) has announced that financial institutions under its oversight no longer need prior approval to dabble in crypto-related activities. The CFTC, on the othe...
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Trump Family's World Liberty Financial Crypto Venture to Launch Stablecoin
Donald Trump's World Liberty Financial will launch a dollar-pegged USD1 stablecoin. USD1 will be launched on the Ethereum and Binance Smart Chain blockchains - digital ledgers that underpin the movement of crypto coins.
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Tether to Audit Its Reserves with a Big Four Firm as Trump Puts Crypto in the Spotlight
Tether is seeking a Big Four accounting firm to audit its asset reserves. CEO Paolo Ardoino stated that Tether's stability comes from full backing by dollar-denominated reserves and that President Trump’s pro-crypto stance has motivated the company to pursue this long-overdue audit.
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US SEC Holds Crypto Task Force Roundtable as Trump Plans Regulatory Revamp
The US SEC's crypto task force held its first public meeting with experts to discuss if crypto assets should come under securities laws. Republican SEC Commissioner Hester Peirce is leading the task force, which is charged with developing rules and guidance for crypto.
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Top Officials from the US and UAE Initiate Talks on Crypto and AI Exploration: Key Details
Sheikh Tahnoon Bin Zayed Al Nahyan of the UAE met with key officials from President Trump’s administration this week, including White House crypto czar David Sacks. Their discussions focused on expanding the role of digital currencies, particularly in international financial systems.
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Ripple CEO Announces End of Four-Year SEC Battle as XRP Surges: Key Details
Ripple CEO Brad Garlinghouse announced that the SEC is dropping its case after four years, crediting the US's new pro-crypto administration for its innovative approach.
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Coinbase Collaborates with Global Government Agencies as Trump Pushes Crypto into the Spotlight
Coinbase announced plans to expand awareness and educational initiatives while offering portfolio and treasury management services for government clients. According to CEO Brian Armstrong, the exchange is currently collaborating with 145 US government entities to support crypto custody and trading.
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Donald Trump's Bitcoin Reserve A 'Digital Fort Knox'
"Strategic Bitcoin Reserve" is to be funded by about 2,00,000 bitcoins, worth around $17 billion in total, that have been seized in the US as a result of civil and criminal cases.
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Trump Family Hold Discussions For Stake In Crypto Firm Binance: Report
Representatives of President Donald Trump's family have held discussions to acquire a financial stake in the US arm of cryptocurrency exchange Binance, while the company's founder seeks a presidential pardon, according to a report.
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Brazil to Propose Support for Blockchain Payment System for BRICS: Report
Brazil is set to support the idea of a blockchain-based payment system for internal use by the BRICS nations under its presidency. If implemented, this system would provide a secure, transparent, and permanent financial infrastructure designed for the BRICS group.
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South Korea to Finalise Crypto-Focussed ‘Corporate Market Participation' Guidelines by April
The guidelines for corporate firms’ participation in crypto will be finalised by April, South Korea’s FSC said Wednesday. Kim So-young, the Vice Chairperson of the FSC, chaired the meeting. He said that US President Donald Trump’s pro-crypto actions had sharpened dialogue on the institutionalisation of VDAs.
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US President Trump Directs SEC Task Force to Outline Crypto Rules by August
At the White House Crypto Summit, President Trump asked SEC’s Crypto Task Force to put US’ crypto and stablecoins regulations “on his desk” by the end of August this year. This gives the task force approximately five months to complete the research and proposal work.
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Donald Trump Establishes Strategic Bitcoin Reserve, Crypto Stockpile Utilising Seized Assets
US President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve and a separate crypto stockpile. These reserves will be funded exclusively with crypto assets seized during federal investigations, rather than using taxpayer money to acquire new tokens.
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Donald Trump Signs Order To Establish Strategic Bitcoin Reserve
US President Donald Trump signed an executive order on Thursday to establish a strategic bitcoin reserve, a day before meeting with executives from the cryptocurrency industry at the White House.
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Ripple Pledges $50 Million for ‘National Cryptocurrency Association’ in the US: All Details
Named the ‘National Cryptocurrency Association’ (NCA), this non-profit will promote education and awareness of cryptocurrencies, blockchain, and Web3 in the US. Ripple has pledged $50 million (roughly Rs. 435 crore) to support its efforts.
-
US CFTC, FDIC Revoke Crypto-Related Restrictions for Banks: All Details
The US, under President Donald Trump, is making strides in creating a nurturing environment for the crypto sector to grow. In a fresh development, the Federal Deposit Insurance Corporation (FDIC) has announced that financial institutions under its oversight no longer need prior approval to dabble in crypto-related activities. The CFTC, on the othe...
-
Trump Family's World Liberty Financial Crypto Venture to Launch Stablecoin
Donald Trump's World Liberty Financial will launch a dollar-pegged USD1 stablecoin. USD1 will be launched on the Ethereum and Binance Smart Chain blockchains - digital ledgers that underpin the movement of crypto coins.
-
Tether to Audit Its Reserves with a Big Four Firm as Trump Puts Crypto in the Spotlight
Tether is seeking a Big Four accounting firm to audit its asset reserves. CEO Paolo Ardoino stated that Tether's stability comes from full backing by dollar-denominated reserves and that President Trump’s pro-crypto stance has motivated the company to pursue this long-overdue audit.
-
US SEC Holds Crypto Task Force Roundtable as Trump Plans Regulatory Revamp
The US SEC's crypto task force held its first public meeting with experts to discuss if crypto assets should come under securities laws. Republican SEC Commissioner Hester Peirce is leading the task force, which is charged with developing rules and guidance for crypto.
-
Top Officials from the US and UAE Initiate Talks on Crypto and AI Exploration: Key Details
Sheikh Tahnoon Bin Zayed Al Nahyan of the UAE met with key officials from President Trump’s administration this week, including White House crypto czar David Sacks. Their discussions focused on expanding the role of digital currencies, particularly in international financial systems.
-
Ripple CEO Announces End of Four-Year SEC Battle as XRP Surges: Key Details
Ripple CEO Brad Garlinghouse announced that the SEC is dropping its case after four years, crediting the US's new pro-crypto administration for its innovative approach.
-
Coinbase Collaborates with Global Government Agencies as Trump Pushes Crypto into the Spotlight
Coinbase announced plans to expand awareness and educational initiatives while offering portfolio and treasury management services for government clients. According to CEO Brian Armstrong, the exchange is currently collaborating with 145 US government entities to support crypto custody and trading.
-
Donald Trump's Bitcoin Reserve A 'Digital Fort Knox'
"Strategic Bitcoin Reserve" is to be funded by about 2,00,000 bitcoins, worth around $17 billion in total, that have been seized in the US as a result of civil and criminal cases.
-
Trump Family Hold Discussions For Stake In Crypto Firm Binance: Report
Representatives of President Donald Trump's family have held discussions to acquire a financial stake in the US arm of cryptocurrency exchange Binance, while the company's founder seeks a presidential pardon, according to a report.
-
Brazil to Propose Support for Blockchain Payment System for BRICS: Report
Brazil is set to support the idea of a blockchain-based payment system for internal use by the BRICS nations under its presidency. If implemented, this system would provide a secure, transparent, and permanent financial infrastructure designed for the BRICS group.
-
South Korea to Finalise Crypto-Focussed ‘Corporate Market Participation' Guidelines by April
The guidelines for corporate firms’ participation in crypto will be finalised by April, South Korea’s FSC said Wednesday. Kim So-young, the Vice Chairperson of the FSC, chaired the meeting. He said that US President Donald Trump’s pro-crypto actions had sharpened dialogue on the institutionalisation of VDAs.
-
US President Trump Directs SEC Task Force to Outline Crypto Rules by August
At the White House Crypto Summit, President Trump asked SEC’s Crypto Task Force to put US’ crypto and stablecoins regulations “on his desk” by the end of August this year. This gives the task force approximately five months to complete the research and proposal work.
-
Donald Trump Establishes Strategic Bitcoin Reserve, Crypto Stockpile Utilising Seized Assets
US President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve and a separate crypto stockpile. These reserves will be funded exclusively with crypto assets seized during federal investigations, rather than using taxpayer money to acquire new tokens.
-
Donald Trump Signs Order To Establish Strategic Bitcoin Reserve
US President Donald Trump signed an executive order on Thursday to establish a strategic bitcoin reserve, a day before meeting with executives from the cryptocurrency industry at the White House.
-
Ripple Pledges $50 Million for ‘National Cryptocurrency Association’ in the US: All Details
Named the ‘National Cryptocurrency Association’ (NCA), this non-profit will promote education and awareness of cryptocurrencies, blockchain, and Web3 in the US. Ripple has pledged $50 million (roughly Rs. 435 crore) to support its efforts.
