Digital bank Revolut has seen a significant valuation increase following an investment from Schroders Capital Global Innovation Trust. The announcement, made in London on October 16th, 2023, marks […]
FDIC Removes ‘Reputational Risk’ Barrier: A Major Boost for Crypto Industry
The US Federal Deposit Insurance Corporation (FDIC) has made a significant move in favor of the cryptocurrency industry by eliminating its controversial practice of using “reputational risk” to […]
Bipartisan Framework for Stablecoin Regulation Advances
Senator Cynthia Lummis, a vocal advocate for cryptocurrencies, has revealed that a bipartisan framework aimed at regulating stablecoins and reshaping financial markets is progressing toward completion. This announcement […]
U.S. House Approves Resolution to Simplify Cryptocurrency Regulations
The U.S. House Ways and Means Committee has recently approved H.J.Res. 25, a resolution aimed at simplifying cryptocurrency regulations. This resolution seeks to overturn existing regulations deemed burdensome […]
Avalanche Card Launches Globally, Providing Seamless Crypto Spending
Avalanche Foundation and Rain have launched the Avalanche Card, a physical credit card designed to make spending cryptocurrency convenient anywhere Visa is accepted. This innovative card enables users […]
New Senate Subcommittee Holds Hearing on Digital Assets Regulations
On February 26, Senator Cynthia Lummis convened the first hearing of the U.S. Senate Banking Committee’s Subcommittee on Digital Assets. The hearing, titled ‘Exploring Bipartisan Legislative Frameworks for […]
Avalanche Launches Visa Card for Seamless Crypto Spending
Avalanche Foundation has released its Avalanche Card, a Visa credit card that enables users to spend their crypto assets like traditional money. This innovative partnership with Rain, a […]
Jim Cramer Criticizes Investment Industry for Misunderstanding Robinhood’s Role
Financial commentator and CNBC host Jim Cramer has voiced strong support for Robinhood, arguing that the platform is crucial for future generations of investors and represents a significant […]
Avalanche Enables Euro Savings in Latin America with Innovative Fintech Littio
Littio, a Colombian fintech company, has revolutionized financial services for Latin Americans by launching EURO IBAN accounts offering a 6% annual interest rate. Leveraging Circle’s EURC stablecoin and […]
OKX to Pay $500M+ for Unlicensed Operations, DOJ Charges
Cryptocurrency exchange OKX has agreed to pay over $500 million in penalties after pleading guilty to operating an unlicensed money-transmitting business in the United States. The U.S. Department […]
Bank of America to Launch USD-Pegged Stablecoin Amid Regulatory Uncertainty
Bank of America is set to enter the cryptocurrency market with the launch of a USD-pegged stablecoin, pending regulatory approval from U.S. lawmakers. The announcement was made by […]
SEC Drops Investigation of OpenSea: A Victory for the NFT Industry
The U.S. Securities and Exchange Commission (SEC) has dropped its investigation into OpenSea, ending a case that has generated significant debate within the cryptocurrency industry. This decision marks […]
GameStop Seeks Bitcoin as Financial Safety Net
In a bid to strengthen its financial position, GameStop is exploring integrating Bitcoin as a reserve asset. Matt Cole, CEO of Strive Asset Management, has urged Chairman Ryan […]
GameStop’s Financial Vision: Bitcoin as a Foundation for Growth
GameStop is considering a bold financial strategy, potentially leveraging its substantial cash reserves to invest in Bitcoin. This proposal comes from Matt Cole, CEO of Strive Asset Management, […]
Amid Inflation Concerns, Colombian Fintech Offers Euro Yields to Protect Latin American Savings
Littio, a Colombian fintech company specializing in protecting Latin Americans from currency fluctuations through dollar-based products, is launching a new EURO account and savings option powered by stablecoins. […]