The White House Digital Assets Summit set for Friday (March 7) reportedly may include President Donald Trump’s announcement of several executive actions related to crypto. Actions that have been discussed, but may or may not happen, include the government using crypto it confiscates in criminal...
President Donald Trump’s decentralized finance (DeFi) firm World Liberty Financial reportedly appears to have bought more than $20 million worth of three cryptocurrency tokens. A digital wallet belonging to the firm added $10.1 million of Ether, $9.9 million of WBTC and $1.68 million of MOVE,...
The relationship between traditional finance and cryptocurrency has, for years, been uneasy at best. But when it comes to FinTech companies, it’s been an entirely different story. Many of the leading platforms have embraced blockchain products, positioning them at the center of their offerings. The...
The cryptocurrency sector is in turmoil after a dramatic week. That, of course, is nothing new for crypto — but what is new is the reason for the turmoil: ongoing action from the seat of power in Washington, D.C. On Sunday (March 2), President Donald Trump...
BVNK has launched what it calls the first embedded wallet unifying fiat and stablecoins globally. “Stablecoins are redefining how we transfer value around the world, enabling 24/7/365 global payments near-instantly,” the cryptocurrency-to-fiat firm said in a news release Wednesday (March 5). “But they’re not yet seamless for all...
The Senate has overturned a rule requiring cryptocurrency platforms to report customer transactions to the IRS. The rule, adopted under the Biden administration, would have tasked crypto firms with providing the IRS with detailed customer information beginning with the 2027 tax year, the Wall Street...
Bitcoin developer Blockstream has reportedly landed a multibillion-dollar investment to launch a trio of funds. Two of those funds will allow for cryptocurrency lending, Bloomberg News reported Tuesday (March 4), citing sources familiar with the matter. The report noted that this investment is a sign...
In a move to position the United States at the forefront of the digital asset landscape, President Donald Trump’s administration plans to create a U.S. cryptocurrency reserve. The strategy, revealed Sunday (March 2), goes further than previous campaign promises around a “stockpile” of crypto seized...
Cryptocurrency exchange Kraken said in a Monday (March 3) blog post that staff from the Securities and Exchange Commission (SEC) agreed to dismiss the commission’s lawsuit against Kraken. The SEC agreed to dismiss the lawsuit with prejudice, with Kraken making no admission of wrongdoing, paying...
