The Czech National Bank may invest up to 5% of its reserves in Bitcoin, potentially acquiring $7.3 billion in BTC as part of its diversification strategy. Source: https://cointelegraph.com/news/czech-national-bank-governor-proposes-7b-bitcoin-reserve-plan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: January 2025
Crypto.com to delist Tether USDT, 9 other tokens in Europe on Jan. 31
Crypto.com will delist USDT and nine other tokens in Europe on Jan. 31 to comply with MiCA regulations, giving users until March 31 to convert assets. Source: https://cointelegraph.com/news/crypto-com-delist-usdt-europe-mica-compliance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Yearn Finance Founder Andre Cronje Explains SEC Pressure and Decision to Step Back
Yearn Finance founder Andre Cronje said he left the crypto space due to intense scrutiny and inquiries from the U.S. Securities and Exchange Commission. New SEC Approach Prompts Cronje to Speak Out Andre Cronje, the founder of the decentralized finance (defi) platform Yearn Finance (YFI), said inquiries from the U.S. Securities and Exchange Commission (SEC) […] Source: https://news.bitcoin.com/yearn-finance-founder-andre-cronje-explains-sec-pressure-and-decision-to-step-back/
Yearn Finance Founder Andre Cronje Explains SEC Pressure and Decision to Step Back
Yearn Finance founder Andre Cronje said he left the crypto space due to intense scrutiny and inquiries from the U.S. Securities and Exchange Commission. New SEC Approach Prompts Cronje to Speak Out Andre Cronje, the founder of the decentralized finance (defi) platform Yearn Finance (YFI), said inquiries from the U.S. Securities and Exchange Commission (SEC) […] Source: https://news.bitcoin.com/yearn-finance-founder-andre-cronje-explains-sec-pressure-and-decision-to-step-back/
Coinbase Launches in Argentina, Targeting 5 Million Daily Crypto Users
Coinbase has secured approval to operate in Argentina, aiming to tackle economic instability with crypto tools as 5 million Argentinians already rely on digital assets daily. Coinbase Secures Argentina Approval, Setting the Stage for Crypto’s Future Crypto exchange Coinbase (Nasdaq: COIN) announced on Jan. 28 that it has received regulatory approval to operate in Argentina, […] Source: https://news.bitcoin.com/coinbase-launches-in-argentina-targeting-5-million-daily-crypto-users/
Warren probes Trump’s commerce chief pick Lutnick over Tether dealings
Senator Elizabeth Warren pressed Howard Lutnick, Donald Trump’s nominee to run the Department of Commerce, over his ties and interest in stablecoin issuer Tether. Source: https://cointelegraph.com/news/warren-probes-trump-commerce-pick-lutnick-tether-ties?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin drop under $75K before April has under 10% chance: Analyst
Bitcoin’s pullback slightly increased the chance of it hitting $75,000 in the first quarter of the year, but the likelihood is still under 10%, says Derive’s Sean Dawson. Source: https://cointelegraph.com/news/bitcoin-75k-probability-low-chances-q1-2025-crypto-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Microsoft probing DeepSeek-tied group over OpenAI data gathering method: Report
Security researchers at Microsoft, OpenAI’s largest investor, detected suspicious data extraction from the firm’s API in the fall of 2024, Bloomberg reported. Source: https://cointelegraph.com/news/microsoft-openai-probe-deepseek-improper-data-mining-bloomberg?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Former SEC Chair Gary Gensler to Go Back to School to Teach AI
After four years of wrestling with crypto regulations and market oversight, Gary Gensler is heading back to the classroom—this time to tackle artificial intelligence. The former SEC Chair is returning to MIT Sloan School of Management to focus on AI research and policy in a move that would bridge his Wall Street smarts and regulatory experience with cutting-edge tech, according…
South Dakota Seeks to Establish Bitcoin Reserve as More States Join the Trend
South Dakota is expected to begin debating a bill that seeks to add Bitcoin to its financial reserves, a move that would officially recognize the crypto as part of the state’s assets. “I am proud to say I will be bringing a bill in the South Dakota House that would create a strategic Bitcoin reserve,” Logan Manhart, South Dakota’s State…