Hester Peirce, a Commissioner at the U.S. Securities and Exchange Commission (SEC), has outlined a vision for the agency’s crypto regulatory strategy under President-elect Donald Trump. In a recent interview on Fox Business, Peirce identified three priorities to address what she sees as critical obstacles hindering the growth and clarity of the crypto industry. Pierces’s […]
Euro Pacific Funds chief Peter Schiff asserted on Sunday that Bitcoin is a threat to US national security. He was referring to plans by the incoming Trump administration to hold some BTC in a strategic reserve fund. “Bitcoin has become a national security threat,” wrote Schiff in a post on X Sunday. “It’s one thing […]
Economists at the United States Treasury analyzed IRS data from households reporting cryptocurrency holdings on their annual tax returns and found that crypto ownership nearly tripled between 2020 and 2021, the most recent year with available tax data. The areas with the highest levels of crypto exposure in 2021 also experienced significant increases in both […]
Federal prosecutors in the United States have filed charges against five individuals accused of carrying out a complex phishing and hacking operation that targeted employees of companies across the country. According to authorities, the scheme led to the theft of intellectual property, sensitive corporate data, and millions of dollars in cryptocurrency, including $6.3 million stolen […]
The organization that operates the social media platform Truth Social has applied to trademark the name “TruthFi” in anticipation of creating a digital currency payment service. Trump Media and Technology Group (TMTG) is primarily owned by U.S. President-elect Donald Trump, who promised to support crypto adoption during his presidential campaign. Trump Media to Expand Business […]
The U.S. Securities and Exchange Commission (SEC) has confirmed the distribution of over $4.6 million to investors impacted by the unregistered initial coin offering (ICO) of blockchain startup BitClave. The funds will be paid out from the BitClave Fair Fund following a notice and claims process. BitClave’s $29 Million ICO Settlement “The checks are in […]
Last week, the pro-crypto Republican presidential candidate Donald Trump won the United States election, paving the way for him to fulfill his many promises that could drive crypto adoption in the country. Following Trump’s election victory, Ark Invest CEO and founder Cathie Wood stated in a recent video that there is more clarity in the […]
Detroit residents will soon be able to pay their taxes and other city fees with cryptocurrency as part of the city’s drive to modernize and attract blockchain businesses. According to the local Office of Treasury, when it launches in mid-2025, this new payment option will make Detroit the largest U.S. city to accept cryptocurrency payments. […]
Crypto advocates may soon be celebrating a major political shift, with results from the 2024 U.S. election showing hundreds of pro-crypto candidates winning seats in Congress. The results have come in the wake of the sector flexing its political and financial muscles, spending more than $238 million to grow its influence in the American legislative […]
TL;DR Popular Canadian online streamer missed a profit of almost $1 million worth of BTC after betting on Harris to become president. Trump’s victory fueled a crypto rally, with bitcoin reaching a new peak of over $75K. Betting on the Wrong Horse? The US presidential elections are undoubtedly among this year’s hottest topics. The latest […]