During a recent press conference, US Federal Reserve Chair Jerome Powell affirmed that banks may serve cryptocurrency clients, provided they understand and manage the associated risks effectively. Powell stressed that…
The cryptocurrency market faced a sharp downturn after Donald Trumpās tariff announcement sent shockwaves through global finance. Apart from traditional stocks, Bitcoin and Ether, the two largest digital assets, bore…
The crypto market has been experiencing a significant downturn, with Bitcoin dipping below $93,000 and Ethereum plummeting over 20% to trade below $2,500. This sharp decline has left investors and…
The US Commodity Futures Trading Commission (CFTC) has announced on 27 January it will be hosting a series of public roundtable discussions focused on digital assets regulation and among other…
Eric Trump, US President Donald Trumpās son and executive vice president of the Trump Organization, has reportedly confirmed the Presidentās proposed capital gains tax (CGT) exemption for US-based cryptocurrency projects…
The executive order mandates the heads of the Treasury, the Department of Justice, the SEC, and other relevant agencies in the Working Group to identify relevant regulations, guidance documents, and…
by Jude Ayua Ā
Bank of America CEO Brian Moynihan stated in a recent interview with CNBC that the US banking sector would adopt cryptocurrencies for payments if regulators permit it.…
The US SEC noted the task force will collaborate with its staff, drawing from talent across the agency, and the public to guide the SEC on āa regulatory path that…
The order directs the immediate termination of ongoing plans or initiatives at any agency related to the creation of a CBDC within the United States. There shall also be no…
US President Trump signed a new executive order on 23 January 2025, titled āStrengthening American Leadership in Digital Financial Technology.ā The executive order outlines the US governmentās approach to digital…