Crypto Biz: Trump’s arrival marks a pivotal shift for digital assets
In typically Trump style, the Jan. 20 presidential inauguration was marked by excitement, concern and outright confusion from the crypto faithful. Source link
European Central Bank eyes digital Euro to counter Trump’s stablecoin push
In response to U.S. President Donald Trump’s recent executive order promoting dollar-backed stablecoins, the European Central Bank is emphasizing the need for a digital euro to maintain the competitiveness of eurozone banks. ECB board member Piero Cipollone expressed concerns to Reuters that the U.S. initiative could attract customers away from European banks, underscoring the urgency […]
Bitcoiners ‘struggling’ with Trump’s vague ‘digital asset stockpile’ order
“Bitcoin” wasn’t mentioned once in Trump’s executive order to study a crypto stockpile, so some maximalists fear it could include other cryptocurrencies. Source link
Bitcoin drops after Trump signs executive order on crypto and ‘national digital asset stockpile’
Bitcoin price falls after President Trump signs an executive order creating a working body for researching and designing a “national digital asset stockpile.” Source link
Senator Lummis chosen to chair Senate Subcommittee on Digital Assets
The Wyoming senator introduced the Strategic Bitcoin Reserve Act to the US Senate in July 2024, following the Bitcoin 2024 conference. Source link
MakersPlace announces market exit, ends six years of digital art operations
Digital art platform to wind down services, reflecting broader challenges in the NFT market. On Jan. 17, MakersPlace, a digital art platform founded in 2018, announced its decision to shut down. The platform operated as an NFT marketplace, allowing artists and collectors to create, buy, and sell digital artworks. However, ongoing challenges in the NFT […]
Tom Emmer named Vice Chair of Digital Assets Subcommittee
Tom Emmer assumes the role of Vice Chair of Digital Assets, voicing strong concerns over SEC’s current oversight practices. On Jan. 14, Tom Emmer, an American attorney and Congressman, was appointed as the Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. Formed in 2023, the Subcommittee is tasked with overseeing […]
U.K. Central Bank opens Digital Pound Labs for CBDC test
The Bank of England plans to launch a sandbox to test a potential central bank digital currency or government-issued digital pound. On Jan. 14, the BoE published a progress report outlining possible use cases for a CBDC, business models, and a test phase roadmap focused on blockchain-powered payment systems. Dubbed the “Digital Pound Labs,” the […]
Gryphon Digital acquires $18.7m site in Canada, inks new Bitcoin mining deal
Gryphon Digital Mining received a 850-acre industrial site powered by natural gas in Southern Alberta, Canada from a signed agreement with Captus Energy for $18.7 million. According to Gryphon Digital’s press release, the Bitcoin (BTC) mining firm plans to use the recently acquired asset to further expand on its AI and high-performance computing data center […]
Circle partners with Bison Digital Assets for MiCA-compliant stablecoins
Bison Digital Assets, a subsidiary of Portugal’s Bison Bank, has partnered with Circle to provide access to regulated stablecoins that comply with the European Union’s Markets in Crypto Assets framework. The partnership integrates Circle’s USD Coin (USDC) and Euro Coin (EURC) into BDA’s platform, allowing customers to use these stablecoins for deposits, withdrawals, and payments. […]
