According to a recent report from the State Democracy Defenders Fund (SDDF), crypto could represent up to 37% of Donald Trump’s wealth. …
Reportedly
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Adoption
Crypto giants Circle and Coinbase reportedly eye US banking licenses amid regulatory thaw
by shayaanby shayaanA growing number of leading crypto firms, including Circle, Coinbase, BitGo, and Paxos, are reportedly preparing to apply for banking licenses in …
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Finance
China Reportedly Discussing Front Loading Stimulus to Counter Trump Tariffs
by shayaanby shayaanBeijing is said to be discussing front-loading monetary stimulus to counter the destabilizing impact President Donald Trump’s tariffs on the Chinese economy, …
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Regulation
SEC reportedly weighing XRP’s commodity status amid Ripple settlement negotiations
by shayaanby shayaanThe US Securities and Exchange Commission (SEC) is reportedly considering whether XRP qualifies as a commodity rather than a security in its …
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The US Securities and Exchange Commission (SEC) is reportedly preparing to conclude its long-running lawsuit against Ripple, the issuer of XRP. Following …
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Mining
Belarus reportedly considers surplus electricity for Bitcoin mining ventures
by shayaanby shayaanBelarus President Alexander Lukashenko has reportedly directed his administration to explore Bitcoin mining to capitalize on the country’s surplus energy, the state-owned …
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Markets
Swiss National Bank President Reportedly Dismisses Bitcoin as Reserve Asset
by shayaanby shayaanSwiss National Bank (SNB) President Martin Schlegel has rejected the idea of holding bitcoin as part of Switzerland’s central bank reserves, citing …
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Crypto transfers are being restricted in Europe through heavy know-your-customer (KYC) procedures and blocks, potentially linked to the Travel Rule, according to …
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Adoption
Nigeria reportedly advances crypto tax plan while grappling with Binance dispute
by shayaanby shayaanNigeria’s Securities and Exchange Commission (SEC) is working on a plan to tax crypto transactions as part of a broader effort to …
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State Street and Citi are considering offering crypto custody services. According to a report from The Information, the banks aim to provide …