Author: btcadmin
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Coinbase CEO Armstrong Says He’ll Hire 1,000 in U.S. as Crypto Tide Turns
WASHINGTON, D.C. — As he walked out of the White House’s crypto summit on Friday, Coinbase CEO Brian Armstrong said his U.S. exchange is planning to hire a thousand people because of the policy progress the industry seems to be making at the beginning of President Donald Trump’s second term. “It’s only been, what, 50…
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OCC Says Banks Can Engage in Crypto Custody and Certain Stablecoin Activities
Federally regulated banks can engage in a range of cryptocurrency activities without prior approval, The Office of the Comptroller of the Currency (OCC) said, in a new interpretive letter and statement. In a new interpretive letter, the OCC clarified that national banks and federal savings associations can legally provide crypto custody, conduct certain stablecoin-related activities,…
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Crypto Exchange Kraken is Mulling IPO in 2026: Bloomberg
Crypto exchange Kraken is considering an initial public offering (IPO) by the first quarter of 2026, as the company believes the regulatory environment in the U.S. has sufficiently changed to make a public listing viable, Bloomberg reported, citing people familiar with the matter. Like many other companies and executives in the digital assets industry, the…
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Trump’s Crypto Summit Sets Agenda for U.S. Pivot
WASHINGTON, D.C. — President Donald Trump assured the crypto sector that it’s on new ground in a first-ever summit at the White House on Friday, illustrating what the industry suspected: It’s got friends at every level in Washington. “I know that many of you have been fighting for years for this, and it’s an honor…
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Sanctioned Russian Crypto Exchange Garantex Seized, Operators Charged With Money Laundering
Garantex, a Russian crypto exchange popular with ransomware gangs and darknet markets, has been taken down in an international law enforcement operation, according to a Friday announcement from the U.S. Department of Justice (DOJ). STORY CONTINUES BELOW On Thursday, a coalition of law enforcement agencies from the U.S., Germany and Finland seized Garantex’s domains and…
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Weekly Recap: Bitcoin Gains Special Reserve Status
As crypto executives gathered for a White House Summit Friday and officials clarified plans for a Crypto Reserve, there was one big winner: Bitcoin. In a Sunday March 2 social media message, President Trump had outlined a Reserve plan to include ETH, SOL, ADA and XRP alongside BTC. But, by Thursday night March 6, when…
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ADA, XRP, SOL Plunge as White House Backpedals on Trump’s Crypto Reserve Plan
Cardano’s ADA, XRP and Solana’s SOL slid on Friday after a White House official backpedaled on President Trump’s recent announcement that he would sign an executive order instructing the Presidential Working Group to move forward with the creation of strategic crypto reserve comprised of ADA, XRP, SOL, bitcoin and ether. STORY CONTINUES BELOW Don’t miss…
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Coinbase a Buying Opportunity After Three-Week 30% Plunge: Rosenblatt
Along with stocks in general and crypto markets in particular, it’s been a rough few weeks for Coinbase (COIN), its shares sporting a decline of about 30% since mid-February and a 40% drop since hitting a 52-week high in early December. Investment firm Rosenblatt spies opportunity, saying investors will benefit from buying the dip as…
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BTC Staking Platform Core Seeks Further Institutional Reach With APAC Custodian Cobo
Bitcoin (BTC) staking layer Core has teamed up with Singapore-based custodian Cobo to expand its institutional reach into the Asia-Pacific (APAC) region. Core, issuer of the liquid-staking token lstBTC, will enable Cobo’s institutional clients to earn a return on BTC holdings while maintaining full control over their assets, according to an emailed announcement shared with…
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As Crypto Summit Nears, White House Maintains Special Status for Bitcoin
President Donald Trump’s order to establish a bitcoin (BTC) reserve is meant to set up the original cryptocurrency as a U.S. reserve asset that deserves special treatment apart from other crypto assets, according to a senior White House official. The order’s additional crypto stockpile of other assets will only gather those obtained by the U.S.…