The order creates a Working Group to rethink all digital asset policy in the United States, propose new frameworks, and consider establishing a Strategic Digital Asset Stockpile.
The financial services giant is also considering adding crypto to its trading platform, E-Trade, due to a change in regulatory climate.
David Balland was kidnapped in France and freed the next day in a police operation, with the captors demanding an undisclosed ransom in cryptocurrency.
President Donald Trump signed an executive order to establish the Presidential Working Group on Digital Asset Markets on Thursday, according to reporting by Fox Business, opening the door to a potential “strategic national digital asset stockpile.” David Sacks, White House A.I.
"Once regulations make it clear, banks will jump in hard on crypto transactions," said Bank of America CEO Brian Moynihan in an interview at the World Economic Forum in Davos, Switzerland, an annual event where corporate leaders and policymakers gather to discuss global economic issues and emerging trends.
President Donald Trump signed an executive order on Thursday that includes working towards developing a national digital asset stockpile.
The working group established under the EO will explore federal regulations for stablecoins and a national digital asset stockpile.
President Donald Trump signed an executive order on Jan. 23 establishing a new working group focused on crypto, potentially a “strategic national digital assets stockpile,” and prohibits advancements in creating a central bank digital currency (CBDC).
In a landmark move for the crypto industry, President Donald Trump has signed an executive order to establish a dedicated working group focused on digital assets.
President Donald Trump has signed an executive order on establishing a Presidential crypto working group and on evaluating a crypto national reserve.
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President Donald Trump signed an executive order that looks to clarify regulations on the cryptocurrency and digital assets industry while blocking a central bank digital currency.
Senator Cynthia Lummis's appointment as Chair of the Senate Panel on digital assets marks a pivotal shift in US crypto policy, with focus on establishing a Bitcoin reserve amid BRICS' challenge to dollar dominance.
The Strategic Bitcoin Reserve isn't here yet – but the President is already moving in its direction.
Despite watching Bitcoin's scorching run past $100,000 and the inauguration of Donald Trump, who has pledged to be a "crypto president" in the U.S., some of the world's largest investors said this week they still plan to stay on the sidelines.
Perpetual swap trading has been a niche within the decentralized finance sector that has been gaining momentum in recent years. The new era of decentralized exchanges (DEXs) is expected to natively offer options for automated contracts with no expiration date and no third-party intervention, with a strong focus on self-custody of funds by users.
In a transformative action for the whole crypto sphere, President Donald Trump has formally enacted an executive order to establish a national digital asset reserve, as pledged during his campaign last year.
Morgan Stanley will consider expanding its presence in the cryptocurrency market if the regulatory environment becomes more favorable, CEO Ted Pick told CNBC.
President Trump has signed an official executive order to create a “national digital asset stockpile.” This seems meaningfully distinct from a Bitcoin Reserve, which would likely require Congressional approval.
US President Donald Trump has signed an executive order with a focus on developing a national digital asset stockpile. The executive order also created a crypto Working Group that will be responsible for developing this stockpile.
Trump has signed an executive order to evaluate the "creation of a strategic national digital assets stockpile."
President Donald Trump has signed a long-awaited crypto order that sets a federal agenda meant to move U.S. digital assets businesses into friendly oversight.
President Donald Trump has signed a long-awaited crypto order that sets a federal agenda meant to move U.S. digital assets businesses into friendly oversight.
The top ten centralized crypto exchanges (CEXs) recorded a 111.7% increase in their trading volume for Q4 of 2024, finishing the last quarter with an overall trading volume of $6.4 trillion. Crypto data aggregator CoinGecko disclosed this in its latest report analyzing the performance of CEXs.
U.S. President Donald Trump on Thursday signed an order to create a cryptocurrency working group.
Changpeng Zhao, the former Binance CEO, will personally coach and mentor startups within the incubator. The post Binance Labs Rebrands as YZi Labs, Expands Its Investment Focus to AI, Biotech appeared first on Cryptonews.
Ivanka Trump, the eldest daughter of former U.S. President Donald Trump, has strongly condemned the unauthorized use of her name for a cryptocurrency. The digital coin, labeled “Ivanka Trump” or “$IVANKA,” is being promoted without her consent, raising concerns over potential consumer fraud.
Blockchain security firm Cyvers said its systems detected multiple suspicious transactions involving Phemex's hot wallets across several chains. Cyvers estimated that digital assets worth more than $29 million were transferred by suspicious addresses on chains including BNB, ETH, OP, POL, BASE, and ARB. In its Jan.
Banking institution Morgan Stanley's CEO Ted Pick commented in the World Economic Forum annual meeting in Davos that the bank was ready to work with financial regulators to explore options for greater involvement in crypto.
Cryptocurrency exchange OKX obtains pioneering MiCA pre-authorization from Malta, setting stage for regulated crypto services to 400 million Europeans through passporting rights.
On today's episode of CNBC Crypto World, bitcoin rises as investors hope for crypto-focused executive orders from President Trump. Plus, business leaders attending the World Economic Forum in Davos share their optimism for pro-crypto regulation in the United States.
Ivanka Trump on Thursday publicly disavowed any connection to a cryptocurrency meme coin being promoted under her name, issuing a strong warning to consumers against falling prey to fraud. In a tweet, she stated unequivocally that she had no involvement in the so-called "Ivanka Trump" or "$IVANKA" coin and criticized the use of her name and likeness without consent.
A United Arab Emirates (UAE) crypto services firm will plead guilty to charges related to a wash trading scheme to lure investors into buying a token created by US law enforcement authorities. In a statement, the U.S.
The chief executive of banking giant Morgan Stanley reportedly says the firm is willing to work with US regulators on crypto offerings. According to a new report by CNBC, Morgan Stanley CEO Ted Pick is collaborating with regulatory agencies to see if it can further venture into the digital assets industry.
Founder Tyler Spalding sees the Ethereum-based smart contract project as a step towards creating a new form of money for payments, loans and counterparty credit in DeFi.
The virtual speech to the World Economic Forum reiterated Donald Trump's pledge to an audience at a July 2024 Bitcoin conference.
President Trump says he plans to make the US the global leader in artificial intelligence and crypto. In a new speech at the World Economic Forum (WEF), Trump touts his push to boost the nation's energy production and manufacturing capabilities to trigger a new “Golden Age of America.
Morgan Stanley (NASDAQ:MSPQ) CEO Ted Pick sees the recent launches of presidential meme coins as a result of substantial liquidity in the cryptocurrency ecosystem. What Happened: During a CNBC Squawk Box interview on Thursday, Pick was questioned about meme coins and digital currencies under the new Trump administration, including the recently launched Trump (CRYPTO: TRUMP) and Melania (CRYPTO: MELANIA) coins.
According to sources closer to the White House, President Trump is scheduled to hold a call with El Salvador's pro-Bitcoin President Nayib Bukele. Sources say that he will be speaking to POTUS Trump today at around 8:30 PM GMT.
The former venture capital arm of Binance will become the family office of CZ and Binance co-founder YI He, Bloomberg reported.
Galaxy CEO Mike Novogratz has opined that artificial intelligence is "the new arms race."
Buterin notes that certain parts of the industry chafe against each other for their short-term and long-term value, drawing comparisons between "hyperaddictive cellphone games" and chess.
Senator Cynthia Lummis announced today that she will be the first Chair of the new Senate Banking Subcommittee on Digital Assets. She claimed that her main priorities are creating an industry-friendly regulatory framework and a US Bitcoin Reserve.
The Taiwanese financial regulator plans to unveil a draft bill for virtual asset service providers (VASPs) in June, which includes a proposal allowing banks to issue stablecoins. Joint Management of Stablecoins The Taiwanese Financial Supervisory Commission (FSC) is set to unveil a draft bill for virtual asset service providers (VASPs) in June.
YZi Labs announced it changed its company name from Binance Labs to operate independently. The firm will expand its investment focus beyond crypto and blockchain to include Artificial Intelligence (AI) and biotechnology (biotech).
Venture capital firm Binance Labs has rebranded to YZi Labs in a bid to drive independence and investment diversity.
The Wyoming senator introduced the Strategic Bitcoin Reserve Act to the US Senate in July 2024, following the Bitcoin 2024 conference.