With all the talk about how stablecoin legislation in the United States may or may not negatively impact foreign issuers, you might expect the biggest (and most controversial) issuer on the planet to be feeling the heat. But that’s far from the case, according to Tether CEO Paolo Ardoino. In fact, Tether has no real issue with its flagship stablecoin,…
Okcoin Europe Ltd, the European subsidiary of OKX Exchange, has been fined $1.2 million (€1.05 million) by Malta’s FIAU for anti-money laundering and compliance failures in 2023. The company has since taken corrective measures to address the deficiencies flagged in the review. Okcoin Europe Fined $1.2 Million by FIAU for Compliance Failures Malta’s Financial Intelligence […] Source: https://news.bitcoin.com/okx-fined-1-2-million-by-maltas-fiau-for-anti-money-laundering-failures/
Stablecoins are “in a bull market of their own,” even as smart contract platforms — including Ethereum and Solana — sputter amid the marketwide tumult, asset manager VanEck said in an April 3 monthly note. The diminished activity on smart contract platforms reflects cooling market sentiment in cryptocurrencies and beyond as traders brace for the impact of US President Donald…
GameStop CEO Ryan Cohen has purchased $10.7 million in GME stock, eight days after the video game retailer announced its plans to add Bitcoin to its treasury reserve. Cohen bought 500,000 Class A shares of GME at $21.55 per share, according to a financial disclosure filed on April 3 with the Securities Exchange Commission. The executive now holds 8.4% of…
The election of US President Donald Trump was supposed to usher in a golden era of crypto. Although the regulatory stars are aligning, the crypto industry just experienced its worst quarter in years. The prices of Bitcoin (BTC) and Ether (ETH) recorded their worst Q1 in seven years, market sentiment fell to its lowest point since the last bear market,…
Amid today’s ongoing market volatility, Trump stated that Federal Reserve Chair Jerome Powell must “stop playing politics” and swiftly cut the federal funds rate. Wall Street in Retreat, Trump on the Offensive: Fed Must Act ‘Quickly’ U.S. President Donald Trump’s trade war has unleashed turmoil across Wall Street, with leading stock indices enduring steep declines […] Source: https://news.bitcoin.com/cut-interest-rates-jerome-trump-lashes-out-as-stocks-tumble/
Kevin Owocki And Rena O’brien on Politics in Web3 Allo.Capital’s Kevin Owocki and Rena O’Brien challenge political labels, arguing that DAOs transcend communism and capitalism by creating new governance models prioritizing collaboration, transparency, and technological innovation. Source: https://decrypt.co/videos/interviews/JQX0IH3O/kevin-owocki-and-rena-obrien-on-politics-in-web3
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: Circle toes the IPO line with a Coinbase partnership debuff, MicroStrategy could be a 3 percenter soon, Bakkt is back in trouble, and Decrypt reporter Matt Di Salvo explains why experts say midsize Bitcoin miners might need a wellness check in the…
First Trust Advisors has launched two Bitcoin (BTC) strategy exchange-traded funds (ETFs) designed to provide investors with Bitcoin exposure while capping losses and earning yield, the asset manager said. The move comes amid an outpouring of funds seeking to enhance Bitcoin’s appeal to traditional investors by offering tailored exposure to the cryptocurrency’s performance. The FT Vest Bitcoin Strategy Floor15 ETF…
Coinbase stock sank to a seven-month low on Friday as the U.S. equities market continued plummeting in response to President Donald Trump’s recent tariff announcements. Shares in the American crypto exchange fell more than 13% at one point during Friday’s trading session and remain 6.38% below market open at the time of writing. They are now trading 54% below their…
