The upcoming White House summit aims to bring key figures in the cryptocurrency industry together, including prominent CEOs and advisors to discuss a potential U.S. strategic reserve of cryptocurrencies. With the Market currently facing volatility, the summit is seen as a chance to stabilize and outline regulations for digital assets, following significant fluctuations in Bitcoin ...
On Friday night, Argentine President Javier Milei stirred controversy by promoting a new cryptocurrency called $Libra on social media. Initially thought to be hacked, it soon became clear that Milei did endorse the project, which aimed to help local businesses. However, the token quickly dropped from nearly $5 to around $1, raising red flags about ...
The SEC has recently approved NYSE Arca’s proposal to list a new ETF that combines investment in Bitcoin and Ethereum. This hybrid investment product is significant as it shows the SEC’s growing comfort with cryptocurrency-backed financial products. The approval process was notably faster than usual, taking only 45 days compared to the typical 240 days, ...
Montenegro has decided to extradite Do Kwon, the founder of Terraform Labs, known as “the cryptocurrency king,” to the U.S. The Justice Ministry confirmed this move, following a lengthy legal process where both South Korea and the U.S. sought his extradition. Kwon was arrested in Montenegro last year while trying to escape using fake passports ...
U.S. regulators have reported that the operator of the Keystone pipeline is partly responsible for failures that led to the spill of nearly 13,000 barrels of crude oil in 2022.
The world's leading financial stability watchdog has announced that Klaas Knot will continue as chair until the end of June. This decision delays the search for his successor, a challenging role in global finance.
