In a significant shift for the cryptocurrency landscape, the US Office of the Comptroller of the Currency (OCC) has clarified that national banks can now buy and sell crypto assets on behalf of their customers. This move marks a critical step toward integrating traditional banking with digital currencies, reflecting growing acceptance of crypto services in…
Hong Kong-based brokerage, Futu Securities, is taking significant steps into the cryptocurrency space with the launch of crypto deposit services on its Futu NiuNiu platform. This new feature will allow users to deposit and trade major digital assets such as Bitcoin, Ethereum, and Tether, marking a significant expansion for the platform that has long been…
In a surprising turn of events, nine Senate Democrats have announced they will withdraw their support for the GENIUS Act, a proposed bill intended to regulate stablecoins in the U.S. This decision raises questions about the future of the bill and the timeline for stablecoin legislation in the country. The move comes despite the fact…
In a significant move for the U.S. cryptocurrency industry, lawmakers have unveiled a new draft bill aimed at establishing a clear regulatory framework for digital assets. The legislation, introduced by the U.S. House of Representatives’ Financial Services and Agriculture Committees, aims to resolve ongoing uncertainties in the sector by defining the roles of the Commodity…
Deribit, the world’s top cryptocurrency options exchange, is preparing to enter the U.S. market. The move comes as former President Donald Trump’s return to office brings sweeping changes to crypto regulations, creating a more welcoming environment for blockchain businesses. Last year, Deribit managed $1.3 trillion in trading volume while operating from Dubai. With U.S. policies…
Surprise Reversal from Democrats A surprising twist has emerged in the Senate as nine pro-crypto Democrats have announced their opposition to the GOP-backed stablecoin bill. The reversal comes just days before the Senate is set to begin deliberating on the legislation, which is designed to create the first-ever regulatory framework for stablecoins in the United…
Deribit Considers U.S. Expansion Deribit, the world’s leading crypto options exchange, is actively exploring the possibility of expanding into the U.S. market. This decision follows a shift towards a more favorable regulatory environment for cryptocurrencies under President Donald Trump’s administration. CEO Luuk Strijers emphasized that the company is reassessing its opportunities in the U.S. due…
In the face of ongoing market uncertainty, economist Stephen Moore is sounding the alarm on tax increases. In an interview with Fox News Digital, the Heritage Foundation senior visiting fellow has emphasized the potential damages of raising tax rates. “The one thing that would really send the stock market into a bear market slide would…
Allegedly, cyber operatives from North Korea have utilized an advanced new strategy by setting up two phony businesses within the United States using fake names and addresses. As reported, the objective of this elaborate plan was to bypass US Treasury restrictions and hack into the computers of cryptocurrency developers using a kind of malware. This…
Crypto Market Consolidation Sets In Amid Lingering Fear. The cryptocurrency market exhibited signs of cooling down on April 16, 2025, as it began consolidating cautiously following a period of volatility. The dip in global cryptocurrency market capitalization to $2.63 trillion, coupled with the reduction in 24-hour trading volumes to $74.76 billion, indicates a lack of…
