The Taiwanese financial regulator plans to unveil a draft bill for virtual asset service providers (VASPs) in June, which includes a proposal allowing banks to issue stablecoins. Joint Management of Stablecoins The Taiwanese Financial Supervisory Commission (FSC) is set to unveil a draft bill for virtual asset service providers (VASPs) in June. According to a […] Source: https://news.bitcoin.com/taiwan-to-unveil-draft-bill-allowing-banks-to-issue-stablecoins/
Author: Crypto Superhero
Cardano Foundation research shows ‘fundamental shift’ in blockchain use
The majority of projects involved the authenticity vertical, establishing confirmed identity and legitimacy through secure verification. Source: https://cointelegraph.com/news/cardano-foundation-research-ecosystem-guide?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin chart shows ‘diamond pattern’ with $96K target — What kicks off the downside?
Bitcoin shows strength due to traders’ hope of a crypto-related executive order from Pres. Trump, but analysts warn that a dip below $101,000 could kick off a $1.3 billion long liquidation. Source: https://cointelegraph.com/news/bitcoin-chart-shows-diamond-pattern-with-96-k-target-what-kicks-off-the-downside?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Senator Lummis chosen to chair Senate Subcommittee on Digital Assets
The Wyoming senator introduced the Strategic Bitcoin Reserve Act to the US Senate in July 2024, following the Bitcoin 2024 conference. Source: https://cointelegraph.com/news/senator-lummis-chair-senate-subcommittee-digital-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana Meme Coin Fartcoin Falls After AI Bot Creator Sells Huge Stash
Recently hot meme coin Fartcoin is down 17% in the last 24 hours amid news that Andy Ayrey, the creator of the popular AI bot Truth Terminal that inspired the token, helped facilitate the sale of a majority of its Fartcoin (FARTCOIN) holdings in an over-the-counter trade. Truth Terminal was initially sent 20 million Fartcoin tokens to its original Solana…
Banking Giant Morgan Stanley Open to Offering Crypto Services in ‘Safe Way’: CEO
Morgan Stanley is the latest banking giant to show interest in the crypto industry after its CEO said in a Tuesday interview that it would work with regulators to deepen its involvement in the space. The bank’s CEO and Chairman Ted Pick said in a CNBC interview that there was a lot of liquidity in the space following Donald Trump’s…
Bitcoiners donated $270K to fund Ross Ulbricht’s ‘personal expenses‘
The Silk Road founder’s financial status was unclear, but many crypto users have donated to his ”transition into his new life” since he received a presidential pardon. Source: https://cointelegraph.com/news/bitcoin-donations-ross-ulbricht-after-prison?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Real estate firm Fathom can now add Bitcoin to its balance sheet
The Nasdaq-listed company called Bitcoin a “hedge against inflation and a safeguard against currency risks.” Source: https://cointelegraph.com/news/real-estate-firm-fathom-bitcoin-balance-sheet?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Warren Buffett’s Berkshire Hathaway Increases Holdings in Brazilian Digital Bank Nubank
Berkshire Hathaway has invested millions of dollars in Nubank, a Brazilian digital bank with its own crypto platform. Berkshire Shares in Nubank Rises to 0.4% Berkshire Hathaway’s stake in Nubank rose from 0.1% in Q4 2022 to 0.4% in Q3 2024, according to recent U.S. Securities and Exchange Commission (SEC) filings. This increased Hathaway’s holdings […] Source: https://news.bitcoin.com/warren-buffetts-berkshire-hathaway-increases-holdings-in-brazilian-digital-bank-nubank/
Ledger Co-Founder Freed After Being Kidnapped and Held for Crypto Ransom: Reports
A co-founder of cryptocurrency hardware wallet firm Ledger has been released from captivity in France, roughly a day after what’s being described as a kidnapping with crypto ransom demands. Ledger co-founder David Balland, was abducted Tuesday from his home in Cher (Centre-Val de Loire), French news outlets reported Thursday, citing a statement from the Paris prosecutor’s office. Kidnappers drove Balland…