Utah has introduced landmark legislation aimed at modernizing state investments by permitting the state treasurer to allocate public funds into digital assets. The proposed “Blockchain and Digital Innovation Amendments” bill (H.B. 230), introduced by State Representative Jordan Teuscher, seeks to…
The inauguration of Donald Trump as the U.S. president marked a turbulent day for the Trump family’s meme coins, $TRUMP and $MELANIA. Both tokens experienced dramatic declines in market value during the high-profile event. According to Coingecko, Melania Trump’s token,…
Donald Trump, the 47th president of the United States, did not mention crypto during his Monday inaugural speech. Adding to the disappointment, a GOP congressional ‘immediate priority’ report omitted any mention of crypto or Bitcoin. Instead, the priorities included topics…
Billionaire Mark Cuban, who owns the Dallas Mavericks, said Friday that he is considering issuing a meme coin, mirroring the structure of President Donald Trump’s recent crypto project $TRUMP. The meme project will use terms similar to the $TRUMP coin,…
South Korean police have arrested a “gang” of suspected Chinese crypto thieves accused of stealing around $580,000 worth of crypto from a guest at a luxury hotel. The South Korean news outlet Newsis reported that the Jeju West Police Station…
South Korean regulators have granted a second crypto brokerage with a VASP license, suggesting they may finally be ready to let companies buy Bitcoin (BTC) and other cryptoassets. Per Hanguk Kyungjae, the Financial Intelligence Unit (FIU), has processed the application…
Triggered by the Trump inauguration euphoria, digital asset products saw record inflows of $2.2 billion last week, according to the latest CoinShares report, marking the largest weekly inflows of 2025 so far and pushing year-to-date (YTD) inflows to $2.7 billion.…
The European Securities and Markets Authority (ESMA) has ordered crypto-asset service providers (CASPs) to delist stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA). However, while pushing for this delisting, ESMA did not specify which non-compliant issuers…
As of January 1, 2025, cryptocurrency transactions in the United States will become subject to third-party reporting requirements. A report published by the US Internal Revenue Service (IRS) in June 2024 states that centralized crypto exchanges (CEXs) and other brokers…
Bitcoin (BTC) has surged past $109,000 as President-elect Donald Trump prepares to begin his second term in the White House. The cryptocurrency briefly hit an all-time high (ATH) of $109,111 on Jan. 20, according to data from CoinMarketCap, before quickly…