The European Securities and Markets Authority (ESMA) has issued a cautionary statement regarding the potential risks cryptocurrencies pose to financial stability as their market ties with traditional financial systems increase. Although the crypto market remains relatively small, ESMA’s warning highlights concerns that significant growth and integration with established … [Read more...] about EU warns of financial stability risks from growing cryptocurrency sector
PayPal deepens crypto push with Chainlink and Solana listings
PayPal is expanding its cryptocurrency footprint by adding two new tokens—Chainlink (LINK) and Solana (SOL)—to its trading platform, as part of its ongoing strategy to position itself as a key player in the digital asset ecosystem. … [Read more...] about PayPal deepens crypto push with Chainlink and Solana listings
Bitcoin holds firm as Nasdaq plunges, hinting at decoupling trend
Bitcoin is showing signs of resilience as U.S. equities extend their steep decline, raising fresh hopes among crypto investors that the digital asset is finally decoupling from traditional risk markets. … [Read more...] about Bitcoin holds firm as Nasdaq plunges, hinting at decoupling trend
Trump pardons BitMEX co-founders
U.S. President Donald Trump has pardoned Arthur Hayes, the ex-CEO of cryptocurrency exchange BitMEX, along with his co-founders Samuel Reed and Benjamin Delo, senior employee Greg Dwyer, and the company's operating entity, HDR Global Trading. The White House confirmed the pardons on Friday, which were signed by Trump on Thursday. … [Read more...] about Trump pardons BitMEX co-founders
Trump champions crypto at Digital Asset Summit, vows to end “regulatory war” on industry
U.S. President Donald Trump made a virtual appearance at the Digital Asset Summit in Manhattan on Thursday, delivering a pre-taped speech that reinforced his pro-crypto stance while stopping short of announcing new policies. Speaking to a standing room-only crowd, Trump hailed cryptocurrency as a transformative force capable of driving unprecedented economic growth. … [Read more...] about Trump champions crypto at Digital Asset Summit, vows to end “regulatory war” on industry
Coinbase revives plans for tokenized securities amid shifting crypto regulations under Trump administration
In a significant development for the cryptocurrency industry, Coinbase is renewing its efforts to introduce tokenized securities to the U.S. market, capitalizing on what it perceives as a more crypto-friendly regulatory environment under the Trump administration. Coinbase Chief Financial Officer Alesia Haas expressed optimism during Morgan Stanley’s TMT Conference, citing … [Read more...] about Coinbase revives plans for tokenized securities amid shifting crypto regulations under Trump administration
Trump unveils U.S. crypto reserve, sending XRP, SOL, and ADA soaring
President Donald Trump announced the inclusion of XRP (Ripple), SOL (Solana), and ADA (Cardano) in a new U.S. Crypto Strategic Reserve, triggering a surge in their market value. The announcement, made on March 2, 2025, via social media, follows an executive order signed in January aimed at solidifying the country’s position as a leader in digital assets. … [Read more...] about Trump unveils U.S. crypto reserve, sending XRP, SOL, and ADA soaring
Swiss central bank rejects Bitcoin as reserve asset, citing volatility
The Swiss National Bank (SNB) has no plans to hold Bitcoin as a reserve asset, according to its president, Martin Schlegel. Speaking on March 1, 2025, Schlegel dismissed the idea of incorporating the world’s largest cryptocurrency into Switzerland’s official reserves, citing concerns over volatility and its lack of suitability (stability, liquidity, and security) as a monetary … [Read more...] about Swiss central bank rejects Bitcoin as reserve asset, citing volatility