Federal Reserve chair Jerome Powell has urged US Congress to accelerate regulations for crypto assets.
The move bumps utility and useability for the TRUMP token, which launched on Jan. 17 and has since entered the top-thirty tokens.
Wash trading on Ethereum, BNB Chain, and Coinbase's Base hit an estimated $2.57 billion in 2024, according to analysts at Chainalysis.
Tyler Winklevoss, co-founder of the Gemini cryptocurrency exchange, announced that the company will cease hiring MIT graduates and interns. The hiring freeze will last as long as former Securities and Exchange Commission (SEC) Chair Gary Gensler remains associated with the institution.
A Spanish court has started an investigation against Binance for embezzlement of funds in 2021.
Authorities in Spain say they've arrested 23 people and seized $26.4 million thanks to assistance from T3.
In a major development concerning crypto asset security, Hong Kong's Securities and Futures Commission (SFC) has flagged 33 new suspicious websites falsely claiming to be affiliated with HashKey, a licensed cryptocurrency trading platform in the region. This announcement increases the number of reported HashKey impersonators to 45.
The Utah House Economic Development Committee has passed HB 230, the Blockchain and Digital Innovation Amendments, with an 8-1 vote on January 28. Introduced by Representative Jordan Teuscher on January 21, the bill would allow the state treasurer to invest up to 5% of select public funds in digital assets, including cryptocurrencies with a market cap over $500 billion and certain stablecoins.
Internet entrepreneur Vinny Lingham recently polled his X followers on whether the U.S. governments proposed digital asset reserve should include altcoins like XRP, ETH, and SOL or remain Bitcoin-only. Nearly 62% of respondents favored Bitcoin exclusively, while 38.1% supported adding altcoins.
Adoption can't happen without practical cross-border cooperation, which will support the growth of digital assets while managing risks and ensuring regulatory compliance.
Coinbase has obtained a Virtual Asset Service Provider (VASP) registration with the Comisión Nacional de Valores (CNV) in Argentina, thereby officially expanding its presence in the country. This regulatory sanction enables Coinbase to conduct business legally in Argentina, which is a critical component of its ongoing global expansion strategy.
Federal Reserve Chair Jerome Powell addressed concerns raised in the Financial Stability Oversight Council's annual report, particularly regarding the risks of cryptocurrency. Powell was asked whether speculation in this unregulated asset class could harm individuals' financial well-being, especially in contrast to the broader concerns about the financial system.
The proposed bill which will allow for investment of public funds in eligible digital assets received the House committee's approval. Utah Accelerates Strategic Bitcoin Reserve Bill Utah's House Committee on Economic Development has passed a recommendation for Utah's H.B. 230 Blockchain and Digital Innovation Amendments to be approved.
The CEO of a leading South Korean P2P financial lender has been accused of using a client's funds to make personal crypto purchases. The post CEO of Top South Korean P2P Lender Accused of ‘Using Clients' Funds to Buy Crypto' appeared first on Cryptonews.
Investment firm D.E. Shaw has built a stake in Riot Platforms and is pushing the Bitcoin miner to change, Reuters reports.
The SEC's “un-American” crackdown on crypto is driving innovation overseas, a U.S. senator warned, backing Coinbase in a pivotal legal battle over digital assets. US Senator Calls SEC's Crypto Approach ‘un-American' U.S.
Robinhood CEO Vlad Tenev warned that the US could lose its competitive edge in financial markets if regulators fail to provide clear rules for tokenized securities. In a Jan.
He ran the biggest crypto empire, stepped down, served time, and now he's all about AI and biotech. But as CZ looks ahead, regulators in France are looking back.
French authorities have launched a judicial investigation into cryptocurrency exchange Binance over alleged money laundering, tax fraud, and unauthorized operations. The Paris public prosecutor's office stated that the probe, covering 2019 to 2024, includes suspected money laundering linked to drug trafficking across the EU.
President Donald Trump's media and technology group (TMTG) is announcing a partnership with financial services giant Charles Schwab to further venture into the world of decentralized finance (DeFi).
The Federal Reserve Chair signaled that U.S. banks should be allowed to cater to crypto customers while trying to pioneer new services.
Senator Cynthia Lummis challenges the SEC's crypto crackdown, backing Coinbase and criticizing the agency's overreach in a new legal brief.
Following former President Donald Trump's declaration that he would “demand” interest rate cuts from the U.S. Federal Reserve, policymakers defied external pressure Wednesday, maintaining the federal funds rate without adjustment. FOMC Monetary Policy Unmoved At its first 2025 gathering on Jan.
The Trump Media company is moving into the financial service/FinTech space. The Truth.Fi platform, announced by the company Wednesday (Jan. 29) will focus on cryptocurrency and customized exchange traded funds (ETFs).
Federal Reserve Chair Jerome Powell stated that banks are free to serve with crypto, provided they effectively manage the associated risks. During his speech following the Federal Open Market Committee (FOMC) meeting, Powell added: “The threshold has been a little higher for banks engaging in crypto activities, and that's because they're so new.
Jerome Powell said that banks were “perfectly able to serve crypto customers“ and suggested that lawmakers should act to address the potential risks to households.
Memecoins are a dynamic capital formation technology with implications for policy making and politics, says Youbi Capital's Ivo Entchev.
A Spanish court is investigating Binance for alleged misappropriation of funds in 2021. According to local media, plaintiff “JL” accused the exchange of withholding his €67,550 investment.
KuCoin just took a massive hit—nearly $300 million in fines and a forced U.S. exit. What happened, and what does it mean for users?
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Degens are launching hundreds of tokens a day on Solana meme coin factory Pump.fun—and making sizable profits as a result.
Crypto.com increased its share of the centralized crypto exchange market in 2024, while industry leaders Binance and OKX saw declines, according to a report from CCData. Among the largest exchanges, Binance, Bybit, and Coinbase led in spot trading volume in December, collectively accounting for 55.7% of total volume — down from 58.4% in November.
"The threshold has been a little higher for banks engaging in crypto activities and that's because they're so new," Powell said.
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Bitpanda has launched Bitpanda Fusion, a new trading solution tailored for high-volume crypto traders. With advanced charting tools, deep liquidity, and zero deposit/withdrawal fees, Fusion aims to set a new industry standard.
Federal Reserve Chair Jerome Powell fields questions from reporters after the central bank announced it would leave rates unchanged.
The main factors from the highly active Q4 of 2024 will affect crypto performance in the first three months of 2025. Active BTC and ETH trading, stablecoin inflows and L2 usage are some of the main factors already emerging in January's data.
The Federal Reserve kept its benchmark interest rate unchanged at 4.25%-4.50% on Wednesday. This marks a ‘hawkish pause' as inflation remains elevated and economic activity grows at a steady pace.
Robinhood announced it will include CME Group's most popular futures products on its trading app, including the four leading U.S. equity indices: S&P 500, Nasdaq-100, Russell 2000, and Dow Jones Industrial Average. The platform will also include futures trading for USD and EUR, Bitcoin and ether, gold, silver, and copper, and additional commodities such as crude oil and natural gas.
Dixon claims Biden-era crypto policies blocked meaningful projects, leaving only meme coins to dominate the market.
On today's episode of CNBC Crypto World, bitcoin holds steady at $102,000 while altcoins like ether slip. Plus, shares of Trump Media rose Wednesday after the company announced it was expanding into financial services, including an allocation to cryptocurrencies.
Gemini survey finds out that more than 50% of Gen Z respondents own digital assets. Gen Z is the most optimistic generation when it comes to digital assets.
Republicans Jimmy Patronis and Randy Fine have a good chance of winning their respective races for Florida House districts on April 1.
The emergence of China's artificial intelligence (AI) model, DeepSeek, and its free AI offering has sent shockwaves through American markets, with significant spillover effects rippling across both traditional financial markets and the cryptocurrency sector.
The US Federal Reserve has finally announced its first policy decision for 2025 following two-day Federal Open Market Committee (FOMC) meeting. According to the recent press release, the Federal Open Market Committee decided to maintain interest rates at their current range of 4.25% to 4.5%.
Political favor, institutional acceptance and regulatory scrutiny are increasingly colliding to redefine the digital asset landscape. At the heart of this transformation is the ongoing embrace of digital assets by U.S. President Donald Trump, whose administration has moved swiftly to position, or re-position, America as a global leader in the financial technology.
Crypto's traditional four-year cycle could come to an end because of President Trump's executive order, according to Bitwise's chief investment officer Matt Hougan. In a new note to investors, Hougan says that the four-year cycle appeared to be intact – until Trump came out with the “Strengthening American Leadership in Digital Financial Technology” executive order.
Under pressure this week, the price of bitcoin dipped to $101,800 in the moments following the decision.