SEC Scraps Biden-Era Crypto Proposals in Major Policy Reversal
The US Securities and Exchange Commission has officially withdrawn a series of regulatory proposals introduced during the Biden administration—several of which directly impacted the cryptocurrency industry. In a statement released Thursday, the SEC announced it is rolling back multiple proposed rules submitted between March 2022 and November 2023 under the leadership of former Chair Gary […]
Shopify Introduces USDC Payments on Base in Partnership With Coinbase
Shopify is expanding its payment offerings by introducing early access to USDC stablecoin transactions through Coinbase’s Ethereum layer-2 network, Base. The e-commerce platform revealed on Thursday that full integration of USDC payments via Shopify Payments and Shop Pay is expected later this year. This move is made possible through a collaboration with Coinbase, one of […]
Walmart and Amazon Exploring Launch of Their Own Stablecoins
Retail titans Walmart and Amazon are reportedly considering the creation of proprietary US dollar-backed stablecoins, marking a potential shift toward broader corporate adoption of blockchain-based payment solutions as regulatory frameworks in the U.S. continue to mature. According to sources cited by The Wall Street Journal, both companies are evaluating the feasibility of issuing branded stablecoins. […]
Bitcoin Adoption Accelerates Amid Rising Global Tensions and U.S. Fiscal Shake-Up
Institutional interest in Bitcoin is gaining fresh momentum, fueled by a climate of increasing geopolitical friction and uncertainty surrounding major U.S. economic decisions. As global markets brace for the potential fallout of new trade dynamics and a controversial federal spending plan, large-scale investors are turning to Bitcoin as a hedge. Former President Donald Trump is […]
Tether Acquires 32% Stake in Canadian Gold Royalty Firm
Tether, the company behind the world’s most widely used stablecoin, has expanded its investment footprint by acquiring a 32% stake in Canadian gold royalty company Elemental Altus Royalties. In a statement released Thursday, Tether confirmed it purchased 78,421,780 common shares of Elemental (ELE) from La Mancha Investments. This acquisition amounts to roughly 31.9% of the […]
Michael Saylor Explains How the Pandemic Pushed Him Toward Bitcoin
Michael Saylor, the founder of MicroStrategy, recently opened up about how the chaos caused by COVID-19 and the U.S. government’s economic response pushed him to invest in Bitcoin in 2020. In a conversation with Jordan B. Peterson aired on Monday, Saylor explained that his interest in Bitcoin was sparked during a time he described as […]
Bitcoin Rallies Toward New High as Trump Declares US-China Trade Agreement Near Completion
Bitcoin is edging closer to a new all-time high amid growing optimism that a long-anticipated trade deal between the U.S. and China is finally coming together. In a post shared on June 11 via Truth Social, U.S. President Donald Trump announced that the two economic giants have nearly finalized their trade agreement. “Our trade deal […]
Michael Saylor Dismisses Crypto Winter Concerns, Sees Bitcoin Heading for $1 Million
MicroStrategy’s Executive Chairman, Michael Saylor, has pushed back against concerns about a potential return of the crypto bear market. In a recent interview with Bloomberg, Saylor argued that growing Bitcoin adoption and limited daily supply are setting the stage for a massive price surge. “We’re not going back into a winter,” he said. “That phase […]
Ukraine Considers Adding Crypto to National Reserves
Ukrainian legislators have submitted a new proposal to the Verkhovna Rada (Ukraine’s parliament) that could allow the country’s central bank to hold cryptocurrencies, such as Bitcoin, as part of its official reserves. The proposed legislation, filed under bill number 13356, suggests changes to the existing law “On the National Bank of Ukraine” that would enable […]
South Korea Moves Toward Legalizing Stablecoins With New Crypto Legislation
South Korea is advancing plans to legalize stablecoins, with President Lee Jae-myung quickly acting on his campaign promises. His party has introduced a bill focused on developing the domestic crypto landscape. According to a Bloomberg report, the ruling Democratic Party presented the Digital Asset Basic Act on Tuesday, a legislative proposal designed to enhance transparency […]