The U.S. Department of Justice (DOJ) is dismantling its National Cryptocurrency Enforcement Team (NCET), marking a significant policy shift in its approach to regulating the cryptocurrency industry. This change comes as part of the Trump administration’s broader push to recalibrate U.S. regulatory priorities, aligning them with its stance on reducing oversight of the digital … [Read more...] about U.S. Justice Department disbands cryptocurrency enforcement team, shifts focus
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
Trump administration floats bitcoin as part of U.S. sovereign wealth fund
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
Pennsylvania introduces bill for bitcoin reserve
The new bill, called the Pennsylvania Bitcoin Strategic Reserve Act, introduced in the Pennsylvania House of Representatives on Thursday, is the first of its kind and would allow the state’s treasury to allocate up to 10% of its roughly $7 billion state funds into bitcoin as a way to help combat inflation and diversify its investments beyond traditional assets like bonds and … [Read more...] about Pennsylvania introduces bill for bitcoin reserve
Detroit to accept cryptocurrency payments for taxes and fees
Detroit will become the largest city in the United States to accept cryptocurrency payments through a secure platform managed by PayPal, city officials announced. … [Read more...] about Detroit to accept cryptocurrency payments for taxes and fees
Bitcoin reserve gains bipartisan traction as U.S. lawmakers explore new digital strategy
Momentum is building in Washington for the establishment of a U.S. strategic Bitcoin reserve, as lawmakers from both parties see potential benefits in securing the nation’s foothold in the digital asset economy. The proposal has drawn support from key members of Congress, who argue that holding Bitcoin could bolster the country’s financial resilience and provide a hedge against … [Read more...] about Bitcoin reserve gains bipartisan traction as U.S. lawmakers explore new digital strategy