Australia Appoints Pro-Crypto Assistant Minister for Digital Economy Australia has taken a significant step towards embracing the world of cryptocurrency by appointing a pro-crypto assistant minister for the digital economy. This move comes as a clear signal of the government’s focus on future growth and innovation in the ever-expanding digital landscape. The newly created assistant […]
Metaplanet’s Bitcoin stash exceeds $700 million
Metaplanet’s Bitcoin Stash Exceeds $700 Million In the realm of cryptocurrency investments, Metaplanet has emerged as a significant player with a substantial Bitcoin stash that has recently surpassed the $700 million mark. This milestone positions Metaplanet ahead of countries like El Salvador, known for its groundbreaking move to adopt Bitcoin as legal tender. The company’s […]
SEC official says crypto ETF process was mishandled
Missed Opportunities: SEC Official Criticizes Mishandling of Crypto ETF Approval Process SEC Commissioner Hester Peirce recently voiced her concerns over the mishandling of the approval process for Bitcoin exchange-traded funds (ETFs). Peirce, known for her support of innovation in the financial sector, criticized the Securities and Exchange Commission for the prolonged delays in greenlighting crypto […]
Xapo Bank introduces Bitcoin-backed loans for long-term holders
Xapo Bank Introduces Bitcoin-Backed Loans for Long-Term Holders Bitcoin investors are increasingly choosing loans over selling their holdings, as institutional adoption and long-term confidence grow. This shift in strategy comes as Xapo Bank introduces a groundbreaking financial product: Bitcoin-backed loans for long-term holders. With the rising institutional adoption of Bitcoin and the growing confidence in […]
USD1 stablecoin becomes seventh-largest in just two months
USD1 Stablecoin Skyrockets to Become Seventh-Largest in Just Two Months In the fast-paced world of cryptocurrencies, a new player has emerged as a force to be reckoned with. USD1 stablecoin, a digital asset pegged to the US dollar, has made waves by swiftly climbing the ranks to become the seventh-largest stablecoin in the market, all […]
US banks allowed to manage crypto on customers’ behalf
US Banks Granted Authority to Manage Crypto on Behalf of Customers In a significant development for the financial industry, US banks have been granted the authority to manage cryptocurrencies on behalf of their customers. This move comes as a result of updated guidance from the Office of the Comptroller of the Currency (OCC), which now […]
Bitcoin advisor to Trump launches new investment company
Bitcoin Advisor to Trump Launches New Investment Company John Nakamoto, a prominent Bitcoin advisor who gained recognition for his involvement with former President Trump, has recently made headlines with the launch of his new investment company. Backed by high-profile investors, Nakamoto’s venture is set to merge with a Nasdaq-listed company and commence trading this summer. […]
New Hampshire allows public fund allocation to Bitcoin
New Hampshire Pioneers in Allocating Public Funds to Bitcoin In a groundbreaking move that showcases a forward-thinking approach to financial management, New Hampshire has recently passed a new law that allows for up to 10% of public funds to be allocated to high-cap cryptocurrencies such as Bitcoin. This decision marks a significant shift in traditional […]
Ghana plans to regulate digital assets with new legislation
Ghana Plans to Regulate Digital Assets with New Legislation The financial landscape is rapidly evolving, with digital assets playing an increasingly significant role in the global economy. In line with this trend, Ghana is taking proactive steps to regulate digital assets within its borders. The Bank of Ghana, the country’s central bank, has announced its […]
Trump to hold crypto dinners for top token holders
Trump to Host Exclusive Crypto Dinners for Top $TRUMP Token Holders Former President Donald Trump is making waves in the cryptocurrency world with his latest announcement of hosting exclusive dinners for the top holders of $TRUMP tokens. This unprecedented move has sparked curiosity and excitement within the crypto community, as attendees will be selected based […]