Bybit’s bold step into Austria: pro-crypto momentum could bolster European growth
With a pro-crypto wave sweeping the United States following Donald Trump’s re-election, the global cryptocurrency market is surging to historic highs. In response, industry giants are doubling down on expansion…
US SEC, Coinbase clash in court over crypto rulemaking
By Hannah Lang and Chris Prentice (Reuters) – Coinbase and the U.S. securities regulator faced off in a federal appeals court in Philadelphia on Monday as the cryptocurrency exchange pressed…
Crypto firm Circle to move headquarters to New York City ahead of planned IPO
By Hannah Lang (Reuters) – Circle Internet Financial, the company behind stablecoin USDC, is moving its global corporate headquarters from Boston to New York City, after filing confidentially earlier this…
Crypto sell-off deepens as weak economic data dampens risk-taking
By Ankur Banerjee, Surbhi Misra, Niket Nishant and Medha Singh, Amanda Cooper, and Ira Iosebashvili (Reuters) – U.S.-listed shares of crypto-linked companies slumped as bitcoin fell more than 15% on…
US cryptocurrency capital, Trump’s promise
‘The United States will be the capital of Bitcoin’. This was said by Donald Trump, who has suddenly discovered himself to be a great lover of cryptocurrencies. It is not…
Ferrari extends cryptocurrency payment system to Europe after US launch
By Giulio Piovaccari MILAN (Reuters) – Ferrari said on Wednesday it would extend its scheme to accept payments in cryptocurrency for its luxury sports cars to its European dealers network…
US Treasury finalizes new crypto tax reporting rules
By Hannah Lang (Reuters) – The U.S. Treasury Department finalized a rule on Friday requiring cryptocurrency brokers, including exchanges and payment processors, to report new information on users’ sales and…
Consensus 2024: politics meets cryptocurrency at major US conference
Politics meets cryptocurrency at major US conference Consensus 2024 draws the digital assets world together, with politicians expressing their support for cryptoYou would be forgiven for saying that years ago,…
New York recovers $50 million for defrauded Gemini Earn crypto investors
By Jonathan Stempel NEW YORK (Reuters) – New York Attorney General Letitia James has recovered $50 million from the cryptocurrency platform Gemini Trust to repay investors defrauded in its Gemini…
Trump pitches himself as ‘crypto president’ at San Francisco tech fundraiser
By Alexandra Ulmer SAN FRANCISCO (Reuters) – Republican presidential candidate Donald Trump presented himself as a champion for cryptocurrency and slammed Democrats’ attempts to regulate the sector during a San…