Euro zone banks need a digital euro to respond to U.S. President Donald Trump's push to promote stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday.

David Sacks, appointed by President Donald Trump to lead the newly formed Digital Assets Working Group, on Thursday outlined the group's priorities, emphasizing the need for regulatory clarity and a strategic approach to digital assets. What Happened: In an interview with Fox Business, Sacks highlighted three key areas of focus: defining market structures, exploring the potential of stablecoins, and evaluating the creation of a national digital asset stockpile.

Here's what's happening in Web3 and fintech this February. Join experts at the Digital Assets Forum in London, explore fintech innovation at the Africa Fintech Forum in Johannesburg, and check out Finnovex in Lagos.

Tokenization is one aspect of crypto that makes investing in stocks and other assets much easier. BlackRock's CEO, Larry Fink, is pushing for a world where owning stocks and bonds is as simple as holding a digital token in your wallet.

TL;DR The SEC revokes SAB 121, allowing financial institutions to manage digital assets without recording them as liabilities, signaling a major regulatory shift. The introduction of SAB 122 provides more flexible guidelines, reducing compliance costs and facilitating easier crypto custody services for banks.

Canada's FINTRAC updates AML strategies, emphasizing cryptocurrency's role in combating synthetic opioid-related money laundering.

He plans to make the United States the “World Capital of Artificial Intelligence (AI) and Crypto. The global economy is rapidly shifting toward digital assets and cutting-edge technologies.

David Sacks called NFTs and memecoins “collectibles,” including the TRUMP memecoin on Fox Business interview. David Sacks plans to clearly define the crypto market structure and evaluate digital assets stockpile.

A new US presidency is undoing all the anti-crypto legislation of the old. Bitcoin is riding high above $105,000, and the altcoins are starting to break out.

For the first time in 17 years, the Bank of Japan (BoJ) raised interest rates to 0.5%, a significant leap from its previous levels.

Wall Street's top CEOs told CNBC from Davos, Switzerland, this week that they're ready to go bigger in crypto if the Trump administration rolls out favorable policies.

The US Securities and Exchange Commission (SEC) significantly ramped up cryptocurrency enforcement actions under Chair Gary Gensler's administration.

It is now the first Virtual Financial Assets (VFA) exchange to secure pre-authorization. This approval is under the Markets in Crypto-Assets Regulation (MiCA).

Ledger co-founder David Balland and his wife were kidnapped and held for ransom in France before being rescued by authorities after 24 hours in captivity.

Singapore-based crypto exchange Phemex lost $29 million in a hot wallet breach across multiple blockchains on January 23, 2025, prompting withdrawal suspensions while cold storage remains secure.

On Tuesday, US crypto exchange Coinbase appealed to the Second Circuit Court of Appeals to address a key issue for the industry. The exchange seeks the court to determine whether secondary trades are outside the US Securities and Exchange Commission (SEC) scope.

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BitMEX has launched new perpetual swaps for SOLV, DUCK, and J, offering traders up to 50x leverage, enhancing trading options for users.

President Donald Trump's administration is expected to usher in a boom time for crypto but a Reuters review shows very few members of the incoming congress are invested in bitcoin or other digital currencies.

President Trump signed an executive order establishing a crypto advisory group and exploring a national digital asset stockpile while prohibiting CBDCs and affirming crypto rights.

In a recent interview with CNBC, Morgan Stanley's CEO Ted Pick confirmed the bank's plans to collaborate with US regulators on its crypto offerings. Like most financial institutions, Morgan Stanley is bracing up to offer digital asset services.

While crypto advocates cheer the SEC's decision, skeptics like Jacob King warn that the industry's shift toward bank custody contradicts Bitcoin's original vision of decentralization.

As artificial intelligence and cryptocurrencies are shaking up the global economy, Donald Trump seized the opportunity at the World Economic Forum in Davos to outline an ambitious vision. The American president declared his intention to make the United States the global leader in these strategic technologies.

Now live on Arbitrum and Base, Paymaster lets users pay gas fees in USDC. This eliminates the need for native tokens like ETH.

VINE, the Solana-based meme coin launched by VINE co-founder Rus Yusupov, is coming to Binance Futures as a USDT-based perpetual contract.

Buterin's concerns have caused discourse as the TRUMP memecoin sees a significant price drop.

David Balland, co-founder of Ledger, was rescued after being kidnapped from his home in France, with his captors demanding a cryptocurrency ransom.

The executive order will also exclude the US central bank from future stablecoin regulation, according to industry insiders.

Major U.S. banks Morgan Stanley and Bank of America are exploring cryptocurrency service offerings while awaiting regulatory clarity, marking a shift in traditional banking's approach to digital assets.

Vitalik Buterin believes political tokens are not ideal because of the susceptibility to manipulation.

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The UAE Securities and Commodities Authority (SCA) has invited feedback on the draft regulation for security and commodity token contracts by February 14th 2025. The UAE Authority has noted that security tokens include equity tokens, bond tokens, sukuk tokens while commodity tokens include examples of gold tokens, oil tokens and others.

President Trump finally signs a crypto executive order to change the face of the crypto industry in the US. A Presidential Working Group, chaired by David Sacks, is tasked to develop a regulatory framework on crypto and evaluate the creation of a crypto reserve.

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has launched Bybit Pay, a new payment platform designed to bridge traditional (TradFi) and digital finance, as detailed out to Finbold on Friday 24.

Lawmakers in North Dakota have introduced a new bill that seeks to impose stricter regulations on crypto ATMs operating within the state. House Bill 1447, which was introduced in January 2025, seeks to address concerns over the growing number of scams tied to these machines, particularly those targeting vulnerable individuals.

While regulators around the world ban Polymarket for being a gambling platform, attorney Aaron Brogan has a good argument for why it's not.

Trump's pro-crypto Executive Order reshapes US digital asset policy, banning CBDCs, supporting crypto reserves, and easing regulations for innovation.

Morgan Stanley signals deeper crypto market involvement, working with US regulators to expand digital asset services while adapting to evolving regulatory landscape.

Morgan Stanley CEO Ted Pick told CNBC on Thursday that the US banking giant plans to enter the crypto industry. But he says they'll work closely with regulators.

The SEC has repealed SAB 121, ending a saga involving a congressional bill and a presidential veto. This opens new possibilities for traditional financial institutions, that are now free to offer crypto services involving custody to their customers.

CBDCs are out, Bitcoin reserve is – potentially – in. Donald Trump's executive order does away with the previous administration's overreach and sets new ground for the crypto economy.

RWA tokenization expanded to $7.9B in value locked after a highly active year. The RWA narrative is trying to compete with memes and AI agents, awaiting a new crypto standard for mass tokenization.

The SEC has replaced its strict crypto custody accounting rule SAB 121 with more flexible guidance under SAB 122, allowing banks to use standard accounting principles for digital assets and potentially expanding their ability to offer crypto custody services.

BitMEX announces a special bug bounty initiative on Hackerone from January 25 to February 9, 2025, offering double rewards, with potential earnings up to $60,000.

Morgan Stanley is taking a proactive approach to the growing crypto market. The bank apparently plans to work closely with the US Treasury and other regulatory bodies to ensure it can offer crypto services.

Turns out Trump's promise to make crypto a national priority wasn't empty talk.

Lesetja Kganyago, the governor of the South African Reserve Bank (SARB), has openly criticized crypto lobbying groups for pushing governments to adopt Bitcoin as a part of their national reserves. Speaking at the World Economic Forum (WEF) in Davos, Switzerland, Kganyago questioned the rationale behind these lobbying efforts and raised concerns over the potential consequences of such moves for regulatory independence.

The U.S. SEC has cancelled the SAB 121 rule. The revocation of SAB 121 reflects Trump's push for crypto-friendly regulations.