The United States may soon place bitcoin at the center of its financial strategy, with President Donald Trump’s administration considering its inclusion in a potential sovereign wealth fund. Brian Sacks, Trump’s crypto advisor, recently unveiled this proposal, highlighting bitcoin’s potential as a strategic reserve asset to strengthen America’s financial leadership. … [Read more...] about Trump administration floats bitcoin as part of U.S. sovereign wealth fund
Trump establishes cryptocurrency working group to shape U.S. policy
U.S. President Donald Trump has signed an executive order creating a cryptocurrency working group to advance digital asset regulations in the United States. Announced on January 23, this initiative underscores the administration's intention to position the U.S. as a global leader in the evolving digital economy. It follows Trump's promise on the campaign trail and Tuesday's SEC … [Read more...] about Trump establishes cryptocurrency working group to shape U.S. policy
SEC launches task force to clarify crypto regulations
The U.S. Securities and Exchange Commission (SEC) has announced the formation of a specialized task force to establish clearer regulations for cryptocurrencies. Under the leadership of Acting SEC Chair Mark Uyeda, the crypto regulatory task force aims to tackle key challenges in the rapidly evolving digital asset industry, including investor protection, market transparency, and … [Read more...] about SEC launches task force to clarify crypto regulations
Tether relocates to El Salvador, bolstering focus on emerging markets
Tether, the leading stablecoin issuer, has announced plans to relocate its operations to El Salvador after securing a Digital Asset Service Provider (DASP) license. This strategic move underscores Tether's commitment to advancing Bitcoin adoption and innovation in emerging markets. … [Read more...] about Tether relocates to El Salvador, bolstering focus on emerging markets
Thailand to pilot crypto payments for tourists in Phuket
Pichai Chunhavajira, Finance Minister of Thailand, on Wednesday unveiled a project to test cryptocurrency payments as an alternative to cash in the tourist destination of Phuket. … [Read more...] about Thailand to pilot crypto payments for tourists in Phuket
Grayscale updates its Top 20 list of cryptocurrencies for Q1 2025
Digital asset management company Grayscale Investments has added HYPE, ENA, VIRTUAL, JUP, JTO, and GRASS to its updated list of the Top 20 cryptocurrencies for Q1 2025. … [Read more...] about Grayscale updates its Top 20 list of cryptocurrencies for Q1 2025
MiCA ushers in new era for EU financial digitalization
The European Union's Markets in Crypto-Assets Regulation (MiCA) is set to take full effect on December 30, 2024, marking a significant milestone in the EU's journey toward comprehensive financial digitalization. This regulatory framework aims to establish clear guidelines for crypto-assets, fostering innovation while ensuring consumer protection and market integrity. … [Read more...] about MiCA ushers in new era for EU financial digitalization
Luxury brands embrace cryptocurrency payments amid Bitcoin surge
As Bitcoin's value surpasses $100,000, luxury brands are increasingly adopting cryptocurrency payments to attract affluent, tech-savvy consumers and diversify their revenue streams. … [Read more...] about Luxury brands embrace cryptocurrency payments amid Bitcoin surge