SEC cancels crypto rule SAB 121
The Securities and Exchange Commission (SEC) has officially overturned a contentious rule that required financial institutions holding cryptocurrencies to classify them as liabilities on their balance sheets. In a new Staff Accounting Bulletin issued on January 23, the SEC announced it would revoke the guidance introduced in SAB 121. This directive, first published in March […]
Trump’s Executive Order Sparks a Revolution in Institutional Crypto Adoption
Former U.S. President Donald Trump’s recent executive order to prohibit central bank digital currencies (CBDCs) within the United States has sparked conversations about its potential impact on institutional adoption of cryptocurrency. Signed on January 23, the executive order bans the creation, issuance, and circulation of CBDCs, citing risks to financial system stability, individual freedoms, and […]
Bitcoin Falls Following Trump’s Signing of Crypto and ‘National Digital Asset Stockpile’ Executive Order
On January 23, U.S. President Donald Trump signed an executive order that establishes a new working group focused on digital asset markets. This group will explore avenues for the U.S. to take a leadership role in the crypto space and assess the feasibility of creating a national strategic digital assets stockpile. While the executive order […]
Trump Pledges to Establish US as Global Leader in AI and Cryptocurrency at Davos
During a recent appearance at the World Economic Forum in Davos, Switzerland, US President Donald Trump promised to position the United States as the “global hub” for both artificial intelligence (AI) and cryptocurrency. This announcement marked one of his first public addresses since assuming office. Addressing the forum virtually from Washington, DC, on January 23, […]
Trump Issues Executive Order Creating Crypto Working Group, Blocks CBDC Implementation
In a significant move for the cryptocurrency sector, U.S. President Donald Trump has issued his first executive order with implications for crypto enthusiasts and industry stakeholders—an action anticipated early in his presidency. Speaking from the Oval Office on Jan. 23, Trump, joined by his “AI and crypto czar” David Sacks, outlined the details of the […]
AgentLayer Enhances Global Accessibility Through Listings on Phemex, WhiteBit, and CoinTR
AgentLayer, a decentralized AI Agent protocol based in Singapore, has announced new strategic moves to strengthen its presence in Europe and the Middle East. The expansion involves new exchange listings and advanced AI-driven products, signaling a significant effort to enter regulated cryptocurrency markets. Co-founded by Liu Yang, a professor at Nanyang Technological University, AgentLayer is […]
Ross Ulbricht’s Pardon: What Does It Mean for Bitcoin’s Image?
The recent pardon of Silk Road founder Ross Ulbricht by former US President Donald Trump has sparked debates within the cryptocurrency community about its implications for Bitcoin’s public perception. Ulbricht, who was arrested in 2013 and sentenced to life in prison without parole for his involvement in the darknet marketplace Silk Road, was released after […]
Trump Pardons Silk Road Founder Ross Ulbricht
Former US President Donald Trump has granted a full pardon to Ross Ulbricht, who has been in prison for 12 years for creating the Silk Road, a darknet marketplace. “I just spoke with Ross Ulbricht’s mother to let her know that in honor of her and the Libertarian Movement, I have signed a full and […]
US Politician Warns TRUMP Coin May Pose National Security Threat
California Representative Maxine Waters, a leading Democrat and ranking member of the House Financial Services Committee, has raised alarms about a cryptocurrency project linked to former President Donald Trump. She warned that the initiative could facilitate corruption and pose threats to national security. During a Jan. 22 meeting to finalize the committee’s rules and oversight […]
Dogecoin Surges 13% Within Minutes Following Launch of Official US DOGE Website
Dogecoin witnessed a swift 13% surge within 15 minutes following the announcement of a new website launch for the US Department of Government Efficiency (DOGE), marking a sharp reversal in its recent price trend. US DOGE Initiative Drives Momentum The surge is linked to developments around the Department of Government Efficiency (DOGE), a newly established […]