The US Federal Reserve has withdrawn a 2023 guidance that limited how Fed-supervised banks, including uninsured ones, engaged with crypto, as US regulators continue to […]
World Liberty Financial Proposed Using 5% Of Treasury To Grow USD1
Trump family-backed World Liberty Financial has proposed using 5% of the project’s WLFI token treasury to grow the supply of its stablecoin USD1. The proposal […]
Jito Foundation Returns to US After Regultory Sea Change
The Jito Foundation, the nonprofit organization facilitating the development of the Jito platform, said it will return to the United States, citing “clearer rules” for […]
Coinbase Gets Nod from Indian Regulators to Acquire CoinDCX Stake
The Competition Commission of India, the regulatory body responsible for promoting fair competition in the country, has approved Coinbase acquiring a minority stake in cryptocurrency […]
Coinbase To Launch Stock Trading, Prediction Markets
Coinbase is launching stock trading and prediction markets as the crypto exchange looks beyond digital assets to chase its ambition of creating an “everything app.” […]
Bitcoin $70K Sell-off Will Recharge Bull Market
Bitcoin’s (BTC) recent price weakness has revived investors’ concerns of a deeper downturn, but several market analysts argue that an extended correction may be more […]
Is The Bull Market Over?
Key points: Bitcoin failed to hold above $90,000, indicating a lack of demand at higher levels. Several major altcoins started a recovery, but the higher […]
Binance Considers Multiple Avenues Back to the United States
Binance, the world’s largest cryptocurrency exchange by trading volume, is considering a strategic reshuffling to strengthen its presence in the US market, a move that […]
FTX-Tied Lawsuit Asks Clients to Weigh in on Potential $10M Settlement
One of the class-action lawsuits filed against the cryptocurrency-friendly Silvergate Bank in California is calling for claimants with ties to FTX or Alameda Research accounts. […]
Kyrgyzstan’s USDKG Shows How Gold-Backed Stablecoins Are Evolving
Key takeaways Kyrgyzstan has launched USDKG, a USD-pegged stablecoin that the project says is backed by physical gold rather than cash and short-term US Treasurys. […]