Reuters: Trump Administration To Approves Crypto Bank Trading
Circle CEO Jeremy Allaire anticipates Trump’s executive orders will enable banks to provide crypto trading services to clients. Donald Trump’s inauguration as the 47th President of the United States, marking the start of his second term, has generated significant anticipation within the cryptocurrency community. With plans to issue over 100 executive orders, many in the industry hope […]
Donald Trump Open To Hold XRP, Solana, and USDC in Strategic Reserves
Donald Trump’s transition team is considering America-first strategic reserves, including XRP, Solana, and USDC. Donald Trump, the former U.S. President, is making headlines with his recent proposal to include U.S. founded cryptocurrencies such as XRP, Solana (SOL), and USD Coin (USDC) in America’s strategic reserves. This groundbreaking idea is part of his broader “America-first” financial […]
Visa, Mastercard Face Scrutiny Over Libra Ties
Balaji shared a screenshot of a letter lawmakers in US submitted to Visa, Mastercard, and Stripe, urging them to withdraw from the Meta-backed Libra project. Operation Chokepoint 2.0 affected not only the cryptocurrency industry but also major technology companies like Visa and Mastercard. The former Chief Technology Officer of Coinbase Exchange, Balaji Srinivasan, was the […]
Donald Trump Win Fuels Bitcoin Derivatives Boom
Bitget CEO highlighted Donald Trump’s victory as a catalyst for market optimism, suggesting that investors are factoring in favorable regulatory developments. The open interest in Bitcoin futures has surged significantly since Donald Trump’s victory in the presidential election in the United States on November 5. This indicates that there has been an increase in trading […]
Hong Kong To Follow Trump’s Lead on Crypto Tax Exemptions
Hong Kong government is considering a crypto tax exemption for equity and hedge funds in response to the strong industry push after Donald Trump’s victory. Hong Kong has announced plans to exempt cryptocurrency taxes for private equity funds, hedge funds, and other investment vehicles aimed at high-net-worth individuals (HNIs). This initiative is part of the region’s […]