At the Consensus 2025 conference in Toronto, Coinbase Canada CEO Lucas Matheson urged the new government led by Mark Carney to quickly develop a national crypto strategy. Matheson recommended the establishment of a dedicated crypto task force within 100 days of the government taking office to clearly define digital assets, regulate stablecoins, and allow banks to hold cryptocurrencies securely. He emphasized the need for stablecoins denominated in Canadian dollars, noting that the current cost o...
Meta is considering returning to the stablecoin market, prompting US Senator Elizabeth Warren to advocate legislation that would ban tech giants from issuing their own currencies. The GENIUS Act, which aims to regulate stablecoins, faces changes after opposition from Senate Democrats.
On April 11, Russian logistics company ETE Group submitted a request to Prime Minister Mishustin, calling on the government to develop a legal framework for businesses to use cryptocurrencies for international settlements. ETE Group proposed amending the Civil Code, the Tax Code, and other relevant foreign exchange regulatory laws to give crypto assets legal status and establish standard procedures for their issuance, circulation, and accounting treatment. ETE noted that interest in crypto payme...
U.S. Senator Rand Paul has called for a comprehensive audit of the U.S. Mint's gold reserves, including physical inspections. He also asked him and his staff to personally inspect Fort Knox and other vaults.
Galaxy CEO Mike Novogratz issued a statement on the X platform calling on global leaders to take action against the hacking group Lazarus Group, while praising Bybit for completing a world-class resolution after the attack.
US Senator Cynthia Lummis has called for upgrading US reserves with Bitcoin, saying "Bitcoin reserves can be audited 24/7 at any time with a basic computer."
The Securities Exchange Commission has requested a 28-day delay in Coinbase's appeal as part of a long-running legal battle between the agency and cryptocurrency exchanges over how to classify digital assets. The SEC requested an extension of the deadline from February 14 to March 14, which was the agency's original deadline for responding. The legal dispute between Coinbase and the SEC centers on whether digital assets should be classified as securities or whether they represent a new type of f...
Public Citizen, a government, business, and consumer watchdog, has called for a federal investigation into whether Trump violated laws banning gift solicitation by launching Meme, raising concerns about the existence of untraceable foreign payments. Public Citizen filed a formal complaint Wednesday with the Justice Department and the Office of Government Ethics, alleging that Trump's social media posts were used to promote the TRUMP token after taking office in January. The Justice Department, t...
US Treasury Secretary Vincent: US President Donald Trump has not called on the Federal Reserve to lower interest rates.
Gold prices are hovering near record highs last October, driven by Trump's hints of softening his stance on tariffs and calls for the Federal Reserve to cut interest rates. Click to view...
On January 24th, Trump told the World Economic Forum in Davos, Switzerland on Thursday: "As oil prices fall, I will demand an immediate rate cut, and likewise, the whole world should cut rates." Five days later, the Federal Reserve will hold Trump's first policy meeting since taking office on January 28-29, and it is widely expected that the Fed will keep interest rates unchanged at this meeting. Trump has widely criticized the Fed for raising interest rates in the first two years of his first t...
Coinbase is asking the Second Circuit Court of Appeals to rule that cryptocurrency trading on its exchange is not a security, ending the Securities Exchange Commission's 2023 lawsuit.
1. US Democratic Congressmen are calling for an ethics investigation into Trump's crypto project. 2. SAF: Has met with US Congressmen to discuss the "Bitcoin Strategic Reserve" proposal. 3. CryptoQuant: Since the launch of TRUMP, the total spot trading volume of centralized exchanges has reached $38 billion. 4. Goldman Sachs CEO: Goldman Sachs still cannot own, dominate or participate in Bitcoin. 5. BlackRock CEO: Bitcoin may reach $700,000 amid concerns about currency devaluation. 6. Standard C...
U.S. Rep. Gerald Connolly, Democrat of Virginia, has called on the U.S. House Oversight and Government Reform Committee to investigate whether President Trump's cryptocurrency enterprise conflicts with his presidential duties. Connolly said in a Jan. 21 letter to committee Republican Chairperson James Comer that Trump may have been removed from his W...