News with the tag "Global News"

Donald Trump has accumulated an estimated $2.4 billion from cryptocurrency ventures since 2022, which constitutes nearly 44% of his political-era wealth, drawing scrutiny over the intersection of his political profile and crypto dealings.

Bo Hines has stepped down as Head of Trump’s Digital Assets Council, with Patrick Witt taking over, raising questions about the future of Trump’s crypto agenda.

The Philippine SEC has issued warnings against unregistered crypto platforms, including OKX, Bybit, and Kraken, for operating without authorization and soliciting investments illegally.

SEC Commissioner Hester Peirce advocates for financial privacy technologies using blockchain and crypto, calling for a review of the Bank Secrecy Act (BSA) to address its outdated framework and privacy concerns.

Major banks like JPMorgan are accused of implementing 'Chokepoint 3.0' to stifle crypto innovation by charging high fees and blocking crypto platforms, while the crypto industry continues to evolve despite these challenges.

U.S. trade deals and policies can significantly impact cryptocurrency prices and adoption, influencing factors like currency values, inflation, and geopolitical tensions.

Polymarket is a crypto-based prediction market platform with notable accuracy but faces regulatory challenges and ethical concerns, despite its growing influence and backing from prominent figures.

The GENIUS Act, signed into law by President Trump, establishes new regulations for stablecoins in the U.S., aiming to provide oversight and consumer protections while sidelining the SEC and CFTC from stablecoin regulation.

The SEC has released new disclosure guidelines for crypto ETFs, potentially streamlining the approval process and fostering broader market participation, with optimism building for future approvals of altcoin ETFs.

Bitcoin's price dropped below $108,000 due to global risk-off sentiment triggered by President Trump's unexpected tariff threats, behaving more like a high-risk asset than digital gold.