Tag: Crypto

Senator Tim Scott of South Carolina, the leading Republican on the Senate Banking Committee, has introduced the Financial Integrity and Regulation Management Act. This legislation aims to prohibit financial regulators from considering reputational risks when supervising banks, a practice critics…...

A senior JPMorgan Chase & Co (NASDAQ:JPM) strategist voiced doubts about the feasibility of establishing a U.S. strategic cryptocurrency reserve, pegging its chances of approval at below 50% and raising concerns about including tokens such as XRP (CRYPTO: XRP), Solana (CRYPTO: SOL) and Cardano (CRYPTO: ADA). Nikolaos Panigirtzoglou, who...

BioNexus Gene Lab (BGLC) has adopted an Ethereum-focused treasury strategy, thus becoming the first Nasdaq-listed company to prioritize ETH. The exact percentage for its Ethereum allocation has not been divulged by the company but the move follows the leading altcoin’s inclusion in the US “Crypto Strategic Reserve.” BGLC Embraces...

White House ‘Crypto Czar’ David Sacks says the U.S. government missed a massive financial opportunity by selling all Bitcoin (CRYPTO: BTC) instead of holding it. What Happened: In an X post on Thursday, Sacks noted that over the past decade the U.S. federal government liquidated approximately 195,000 Bitcoin, generating...

The Russian Finance Ministry revealed that it is not currently planning to include cryptocurrencies in the strategic reserve due to volatility concerns.  However, Deputy Finance Minister Vladimir Kolychev suggested that this stance could change once the fund’s liquid assets reach a level equivalent to 7-10% of Russia’s gross domestic...

BlackRock just threw a $19 billion wildcard into the drama swirling around the Panama Canal. The US investment giant, fronting a consortium, snapped up CK Hutchison’s ports business, a Chinese multinational conglomerate, snagging control of the critical Balboa and Cristobal terminals. It’s a flashpoint for US-Panama relations, a fresh...

The ghost of Mt Gox resurfaced on March 6, shifting 11,834 BTC—just over $1 billion—to an unidentified address and moving another 166.5 BTC ($15 million) into cold storage. The reasons are anyone’s guess, sparking everything from creditor repayment rumors to worries about a looming Bitcoin liquidation. – Price Market...

Michael Saylor, the MicroStrategy chief and Bitcoin evangelist, is stepping into the White House Crypto Summit hand in hand with friends at XRP. Hosted by Trump and presided over by crypto czar David Sacks, the summit is expected to chart the future of digital assets in America. Central to...

US President Donald Trump will host the first-ever White House Crypto Summit from 6:30 pm to 10:30 pm UTC on 7 March 2025. Reports indicate that over 25 guests, including members of the Presidential Working Group on Digital Assets, will attend. Fox News journalist Eleanor Terrett, on Wednesday, 5...

Bitcoin and the altcoins selected for the US crypto strategic reserve could stay range-bound in the short term, barring a blockbuster announcement on March 7....