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Tag: banking

Posted on 17/11/2024

The crypto industry plowed tens of millions into the election. Now, it’s looking for a return on that investment

The cryptocurrency industry’s leading super PACs plowed $131 million into congressional races in this cycle to help elect dozens of pro-crypto lawmakers to Congress, while individual billionaires with crypto interests spent millions to help return Donald Trump to the White House.

Posted on 17/11/2024

An Interview With El Salvador’s Top Crypto Regulator: ‘Developing Countries Can Lead the Financial Revolution’

The National Commission of Digital Assets is the agency in charge of regulating crypto in El Salvador, the first nation to accept Bitcoin as legal tender.

Posted on 17/11/2024

Top Crypto Wallets 2024: Reviews, Comparisons, and Security Tips

Explore the best cryptocurrency wallets to compare the best fees, security measures, perks, and more to find the best cryptocurrency wallet for you.

Posted on 17/11/2024

Crypto Prices Cool as Fed Chair Jerome Powell Strikes Ambiguous Tone on Future Monetary Policy Choices

After nearly two weeks of explosive gains, crypto prices briefly cooled on Thursday and into Friday, possibly due to a speech delivered by U.S. Federal Reserve Chair Jerome Powell.

Posted on 16/11/2024

Fed Suddenly Flips On Huge $3 Trillion Bitcoin And Crypto Price Boom

The bitcoin price has closed in on $100,000 per bitcoin, rocketing higher as a "perfect storm" pushes the combined crypto market back above $3 trillion for the first time since 2021.

Posted on 16/11/2024

Crypto ‘godfather’ of Bel-Air: Probe widens into L.A. deputies’ alleged links to mogul

At least six L.A. County sheriff's deputies have been relieved of duty amid an investigation into their work for a 24-year-old cryptocurrency entrepreneur accused of extortion and hiding millions of ...

Posted on 16/11/2024

3 Ways the Trump Administration Could Change the Future of Crypto

Promises made by Donald Trump on the campaign trail could lead to major changes for the crypto industry in 2025.

Posted on 16/11/2024

XRP outperforms crypto market with 17% pump — What’s driving rally?

XRP chases new highs as traders anticipate the possible resignation of SEC Chair Gary Gensler and the arrival of a pro-crypto Trump presidency.

Posted on 16/11/2024

When all my friends ran to buy crypto, I tiptoed. I benefited in 5 ways from ignoring the trends.

All of my friends got on the bandwagon when cryptocurrency trading exploded in 2020, but I paused. I don't regret it.

Posted on 16/11/2024

In El Salvador, crypto investors cheer Trump-powered Bitcoin rally

Bitcoin enthusiasts meeting in El Salvador on Friday said a recent surge in the cryptocurrency's value since Donald Trump's U.S. election win has heightened their expectations the price will rise ...

Posted on 16/11/2024

Crypto enforcement seen slowing as Trump shifts priorities

Less enforcement in the cryptocurrency sector is on the horizon, as Republican President-elect Donald Trump prepares to reset policy at the Justice Department and regulatory agencies, current and ...

Posted on 16/11/2024

Japan’s Economy Slows But Central Bank Still Likely to Raise Rates

The Japanese economy managed to continue growing for a second straight quarter thanks to a recovery in consumption.

Posted on 16/11/2024

COP29: Japan’s International Cooperation Bank Supports Morocco’s Carbon Neutrality Efforts

Japan Bank for International Cooperation (JBIC) has reiterated support for Morocco’s efforts towards sustainable socio-economic growth, with a focus on carbon neutrality, through a Memorandum of ...

Posted on 16/11/2024

Manhattan US Attorney to scale back crypto cases, prosecutor says

The U.S. Attorney's Office in Manhattan will devote fewer resources to policing cryptocurrency crimes after securing several major convictions, including that of FTX founder Sam Bankman-Fried, a ...

Posted on 16/11/2024

Bitfinex hacker receives five-year sentence for record-breaking crypto heist

The hacker behind one of the biggest-ever cryptocurrency heists will serve five years in prison for conspiring with his wife to launder billions in stolen Bitcoin. Ilya “Dutch” Lichtenstein was ...

Posted on 16/11/2024

EU Banking Authority Issues Guidelines to Tighten Crypto Oversight

The European Banking Authority (EBA) has released new guidelines aimed at ensuring compliance with the European Union's restrictive measures for payment service providers (PSPs) and crypto-asset ...

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