FIRST ON FOX — In an exclusive interview with Fox News Digital, Republican South Carolina Senator and former presidential candidate Tim Scott shared his views on his first hundred days as Senate Banking Committee chairman, breaking down a trade war with China, the future of cryptocurrency and controversial debanking policies. With Republicans holding power in both
Trump’s policies should push more institutional investors to adopt Bitcoin. While campaigning for the presidency in 2024, Donald Trump promised to become the “crypto president.” But since he began his second term in January, cryptocurrency values have crashed. Bitcoin (BTC 3.60%) saw its price fall from over $100,000 on Inauguration Day to $81,000 as of
At the end of a three-hour hearing last month, Senator Ruben Gallego, Democrat of Arizona, sided with a group of Republicans in a hotly contested debate. He voted to advance the GENIUS Act, a bill backed by the cryptocurrency industry. “It’s clear that digital assets are here to stay,” Mr. Gallego said after the Senate
A fast-tracked temporary crypto regulatory framework could bolster innovation within the US crypto industry while permanent regulations are still in the works, says acting US Securities and Exchange Commission (SEC) chair Mark Uyeda. “A time-limited, conditional exemptive relief framework for registrants and non-registrants could allow for greater innovation with blockchain technology within the United States
Crypto whales are making bold moves following Donald Trump’s 90-day tariff pause, with Ethereum (ETH), Mantra (OM), and Onyxcoin (XCN) drawing significant accumulation. ETH whales pushed holdings to their highest level since September 2023, while OM holders are quietly increasing exposure amid the growing real-world asset narrative. XCN, meanwhile, saw a sharp spike in whale
00:00 Speaker A Bitcoin is rising today after President Trump signed a bill into law reversing Biden era IRS rules that make decentralized finance platforms comply with the same tax rules as traditional brokers. The crypto market has been on a wild ride since President Trump won the presidential election, initially jumping to all-time highs
Cryptocurrencies have rapidly evolved from a niche technology to a mainstream payment method. As more businesses accept digital currencies, crypto payment processors have become an essential tool for merchants who want to tap into the global crypto market. In this article, we’ll explore the best crypto payment processors, their key features, and how they simplify
Most meme coins not under SEC jurisdiction: Peirce Head of the SEC Crypto Task Force and SEC Commissioner Hester Peirce gives her take on meme coins and says the SEC will look at the facts and circumstances, but says most meme coins probably don’t have a home in the current set of regulations. Bloomberg Digital
BNY continues to expand crypto operations © 2024 Bloomberg Finance LP In the latest move by TradFi institutions pivoting to embrace the blockchain and tokenized asset space, the banking giant BNY has debuted a real-time reporting tool (Digital Assets Data Insights) in partnership with Blackrock. The fact that these two financial giants are collaborating on
This bitcoin is from Stack’s Bowers’ first cryptocurrency auction. Image courtesy: Stack’s Bowers Galleries Not for me, but if a lot of collectors do, it could be worth it as an investment. Name and Address withheld I absolutely think it is here to stay. As long as Bitcoin and other Cryptocurrencies have value, having a