The world’s biggest banks and FinTechs are scrambling to roll out their own stablecoins. It’s a sort of “gold rush” driven by the anticipation that cryptocurrencies will transform the cross-border payments market, the Financial Times (FT) reported Monday (March 10). For example, the report said,...
Cryptocurrency-wunderkind-turned-convicted-fraudster Sam Bankman-Fried is reportedly seeking a pardon from the Trump administration. As The New York Times (NYT) reported Friday (March 7), this effort — described in the article as a “long shot” — has included reaching out to D.C. lobbyists and consulting with Kory...
Cryptocurrency firm Gemini has reportedly filed confidentially for an initial public offering (IPO). The company, headed by the billionaire twin brothers Cameron and Tyler Winklevoss, is working with banks on the IPO, Bloomberg News reported late Friday (March 7), citing sources familiar with the matter....
On Friday (March 7), the crypto industry came to Washington D.C. Specifically, they came to the White House’s State Dining Room, where the nation’s first ever “Crypto Summit” was held. President Donald Trump, flanked by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and U.S. “AI and...
Cryptocurrency exchange Kraken is reportedly preparing to go public as soon as the first quarter of 2026. The company’s plans could change, though, Bloomberg reported Friday (March 7), citing unnamed sources. When asked about the report by Bloomberg, Kraken did not confirm it. “We recently...
No matter how groundbreaking the impact, innovations can’t outrun regulation forever, particularly when that innovation occurs in the highly regulated space of payments and financial services. Enter the humble stablecoin, which now has a growing list of regulatory frameworks centered on ensuring its nominal stability...
Treasury Secretary Scott Bessent said Friday (March 7) that he is a “big proponent of the U.S. taking the worldwide lead in crypto.” Speaking on CNBC’s “Squawk Box,” Bessent said the U.S. needs to bring cryptocurrency onshore and use the country’s best practices and regulation....
The entities that created the $TRUMP meme coin reportedly made at least $350 million in the three weeks after its launch. In addition to earning $314 million from token sales and $36 million from fees directly on the Solana blockchain, the entities likely made more...
President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, White House Artificial Intelligence and Crypto Czar David Sacks said in a Thursday (March 6) post on X. The Strategic Bitcoin Reserve will be capitalized with...
