Politics
Canary Capital Group LLC has filed with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tied to a cryptocurrency linked to former President Donald Trump. In its registration statement submitted Tuesday, the firm introduced the Canary Trump Coin ETF, which would track the price
Politics
A new proposal in the Philippines is aiming to position Bitcoin as a long-term strategic asset for the country. Congressman Miguel Luis Villafuerte has introduced House Bill 421, which seeks to establish a national Bitcoin reserve totaling 10,000 BTC. Under the bill, the Bangko Sentral ng Pilipinas (BSP) would
Politics
Billionaire entrepreneurs Tyler and Cameron Winklevoss, co-founders of the Gemini cryptocurrency exchange, have donated $21 million worth of Bitcoin to a political action committee (PAC) supporting former U.S. President Donald Trump. The contribution went to the Digital Freedom PAC, a Republican-aligned group promoting pro-crypto policies ahead of the 2024
Politics
Washington’s top crypto lobbying organizations are rallying behind Brian Quintenz as the next chair of the Commodity Futures Trading Commission (CFTC), urging President Donald Trump to move quickly on his confirmation. In a joint letter sent Wednesday, the Crypto Council for Innovation, Blockchain Association, DeFi Education Fund, The Digital
Politics
Two of the crypto industry’s leading advocacy groups are pushing back against the U.S. banking sector’s attempt to amend the recently enacted GENIUS Act, a new federal framework for stablecoins. In a letter sent Tuesday night to Senate Banking Committee leadership, the Blockchain Association (BA) and the
Politics
The U.S. Treasury Department is inviting public feedback on how financial institutions should address illicit activity involving cryptocurrencies, following the passage of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). The law, signed by President Donald Trump in July, marks the first comprehensive federal
Politics
Digital Currency Group (DCG) has filed a lawsuit against its subsidiary, Genesis Global Capital, seeking more than $105 million plus interest in a dispute over a $1.1 billion promissory note issued during the 2022 crypto market crash. According to a complaint lodged Thursday in the U.S. Bankruptcy Court
Politics
Hong Kong’s financial watchdog is stepping up safeguards for cryptocurrency investors, introducing stricter custody requirements for licensed exchanges in response to mounting global security threats. e-Distribution The Securities and Futures Commission (SFC) announced on Friday that all licensed virtual asset trading platforms (VATPs) must immediately strengthen how they store
Politics
With Federal Reserve Governor Adriana Kugler set to step down this week, former U.S. President Donald Trump is reportedly considering several candidates to fill the key central bank position—one of whom has substantial ties to the crypto industry. According to a Reuters report published Thursday, Trump is weighing
Politics
Former President Donald Trump is reportedly preparing to sign an executive order aimed at curbing what his team sees as politically motivated financial discrimination—particularly the practice of debanking crypto companies and conservative figures. The move, first reported by The Wall Street Journal, could bring penalties against banks and financial
Politics
As the push to bring equities onto the blockchain gains momentum, one of Wall Street’s most powerful players is urging caution. Citadel Securities, the prominent market maker founded by billionaire Ken Griffin, is calling on the U.S. Securities and Exchange Commission (SEC) to treat tokenized equities the same
Politics
South Korea’s financial regulator has advised domestic asset managers to scale back their investments in crypto-related companies, including major U.S. firms like Coinbase and Strategy. The directive, delivered verbally earlier this month by the Financial Supervisory Service (FSS), reflects the country’s ongoing cautious stance toward digital assets,