Cryptocurrency cards surpass banks in small transactions across Europe: Report
Crypto Cards Disrupting Traditional Banking in Europe Crypto cards are changing the way small transactions are handled in Europe, with nearly 45% of crypto card purchases being under 10 euros (about $11.70). Traditionally, this segment has been dominated by cash payments. A recent report from CEX.IO, shared with CointeLegraph, notes that spending habits among crypto […]
Senators and the White House consider September deadline for cryptocurrency regulations
White House and Senators Push for Crypto Surveillance Law On Thursday, a White House adviser alongside two prominent senators announced plans to establish regulations for the cryptocurrency sector, aiming for completion by the end of September, with a proposed early August deadline. Senate Banking Committee Chairman Tim Scott (R-S.C.) laid out this new timeline during […]
White House initiative on stablecoins clashes with attempts to link cryptocurrency legislation
The White House is urging the House of Representatives to expedite the passage of stablecoin legislation with minimal alterations. This push aims to counter efforts to link the bill to a broader cryptocurrency regulatory framework. Following the Senate’s approval of the Genius Act last week, President Trump has urged the House to act swiftly, emphasizing […]
US Senator Aims for 2026 Deadline for Two Cryptocurrency Bills
Senator Ramis Aims for Crypto Legislation by Year-End Senator Cynthia Ramis of Wyoming expressed optimism about Congress passing two key bills related to cryptography and market structures “by the end of the year.” During her remarks at the Bitcoin Policy Summit in Washington, D.C., she touched on guidelines aimed at providing clarity for the digital […]
National Regulator Begins to Explore the Inclusion of Cryptocurrency in Mortgage Applications
FHFA Director Signals Change in Mortgage Application Process William Plute, the Director of the Federal Housing Finance Agency, has recently issued instructions to Fannie Mae and Freddie Mac. These guidelines suggest incorporating cryptocurrency holdings when assessing assets in mortgage applications. By recognizing cryptocurrencies as valid assets, borrowers who possess digital currencies could strengthen their financial […]
Palmer Luckey’s new cryptocurrency bank will be linked to a stablecoin.
Palmer Luckey Launches New Digital Bank Elebor Billionaire Palmer Luckey is diving into the financial industry with a new venture aimed at empowering technology entrepreneurs. The venture, named Elebor, marks another addition to his growing portfolio. The name Elebor appears to draw inspiration from J.R.R. Tolkien’s works. Similar to Anduril, a sword from the lore, […]
SoFi Is Returning to Cryptocurrency, Beginning with Bitcoin and Ethereum
Simply Put Financial services company Sofi is now facilitating Bitcoin and Ethereum transactions for its users. Although Sofi initially offered cryptocurrency buying and selling, it halted these services in 2023. In the coming year, the company is expected to introduce support for stablecoins, cryptocurrency loans, and additional features. Based in San Francisco, Sofi plans to […]
Top cryptocurrency apps for trading
Cryptocurrency traders have an increasing number of choices for buying and selling tokens, but experts advise thorough research before settling on a platform. Some of the more popular options include secure crypto exchange apps, which not only let users trade and store their assets, but also integrate with well-known exchanges like Coinbase and Kraken. The […]
Anthony Pompliano’s cryptocurrency project purchases $386 million in Bitcoin.
Procap Acquires Bitcoin Ahead of Public Launch Procap, a venture led by crypto entrepreneur Anthony Pompliano, has recently made its first Bitcoin purchase, just days after announcing plans for going public later this year. On Tuesday, Bitcoin financial services firm Procap BTC revealed that it bought 3,724 BTC for approximately $386 million. As of now, […]
Coinbase asserts significant involvement in the Secret Service’s largest cryptocurrency seizure.
Cryptocurrency exchange Coinbase has announced that it played a key role in assisting the US Secret Service with a recent investigation that resulted in the seizure of $225 million tied to crypto investment scams. On June 18, the Justice Department revealed plans to confiscate over $225 million in codes retrieved by the Secret Service, claimed […]