With Trump’s election, America got the nation’s first self-described “crypto president,” and on Friday (March 7), the U.S. will get its first crypto summit at the White House, chaired by White House Artificial Intelligence (AI) and Crypto Czar David Sacks. It represents a remarkable turnabout...
President Donald Trump has announced the creation of a U.S. strategic cryptocurrency reserve. The president’s announcement Sunday (March 2) caused a rally in crypto prices, which had been on a downward trend following recent record highs. According to a post on Trump’s Truth Social platform,...
Has the SEC’s war on the cryptocurrency sector ended in a surrender? As Bloomberg News reported Friday (Feb. 28), the Securities and Exchange Commission (SEC) has in the last month dismissed or halted at least eight cases against crypto firms, including some of the industry’s...
The Securities and Exchange Commission’s (SEC) Division of Corporation Finance said Friday (Feb. 28) that most meme coins are not securities. Most meme coins are more like collectibles and are often said to be for entertainment and other non-functional purposes, the Division said in a...
The Securities and Exchange Commission (SEC) said Thursday (Feb. 27) that it dismissed its pending civil enforcement action against cryptocurrency exchange Coinbase. The SEC said in a press release that it made this move as part of its effort to reform its regulatory approach to...
Flexa has added tap-to-pay support to its digital currency acceptance platform, enabling users to pay with crypto at retail locations using NFC-enabled hardware wallets. With this solution, users don’t need a mobile phone, internet connection, QR code or app to make in-person transactions with crypto,...
Cryptocurrency exchange Bybit has awarded a collective bounty of $4.2 million to five bounty hunters that have helped trace and freeze funds that were stolen from the exchange in a hack. Bybit is offering a total bounty of $140 million, which is equal to 10%...
Global cryptocurrency markets have lost more than $800 billion in recent weeks. As the Financial Times (FT) reported Wednesday (Feb. 26), this rout comes as the enthusiasm within the crypto sector that came with Donald Trump’s election victory begins to fade. Bitcoin, the world’s most popular crypto,...
Volatility is the name of the game when it comes to crypto markets, and this week offered participants more of the same: an $800 billion rout since January. The price of bitcoin has dropped from its peak of $108,000 circa Trump’s election to around $86,000...
