Category Archive: Cryptocurrency, No picture
X teases money transfer feature as part of Musk’s everything-app vision
Key Takeaways X plans to introduce a money transfer feature under its X Payments service, aligning with Musk’s vision for an ‘everything app’. X Payments LLC has acquired money transmitter licenses in most US states, positioning the platform to incorporate financial services. Share this article X is preparing to launch a money transfer feature as […]
Trump’s SEC chair frontrunner Mark Uyeda advocates for regulatory sandboxes in crypto
Key Takeaways Amid Gary Gensler’s departure, Mark Uyeda, one of the SEC frontrunners, promotes the use of regulatory sandboxes to foster crypto innovation. Uyeda emphasized ending the ‘war on crypto’ by establishing clear regulatory guidelines. Share this article SEC Commissioner Mark Uyeda advocated for safe harbors and regulatory sandboxes to foster crypto innovation during a […]
Cboe set to launch first cash-settled options related to spot Bitcoin
Key Takeaways Cboe’s new Bitcoin ETF index options launch December 2, offering cash settlement and European-style exercise. The Cboe Bitcoin US ETF Index tracks the performance of US-listed spot Bitcoin ETFs and offers exposure to Bitcoin’s price movements. Share this article Cboe Global Markets has announced plans to introduce the first cash-settled index options tied […]
Amazon doubles down on Anthropic with $4 billion investment
Key Takeaways Amazon has increased its investment in Anthropic, committing an additional $4 billion. AWS has been named the primary training partner for Anthropic’s foundation models. Share this article Amazon has announced an additional $4 billion investment in Anthropic, the AI startup known for its Claude chatbot and advanced AI models.This latest funding brings Amazon’s […]
Coinbase eyes more meme coin listings under Trump administration, says Coinbase executive
Key Takeaways Coinbase plans to expand token listings, including memecoins, under a more favorable regulatory environment expected with Trump’s administration. The exchange is diversifying its revenue streams beyond trading to include staking and stablecoin revenue. Share this article Coinbase is looking to add support for more smaller tokens, including meme coins, as the company anticipates […]
XRP jumps 25% as SEC may not pursue appeal after Gensler’s departure
Key Takeaways XRP’s price surged 25% amid speculation of reduced SEC enforcement post-Gensler. Pantera anticipates fewer SEC lawsuits and possible dismissals after Gensler’s departure. Share this article Ripple’s XRP token rose by 25% on Friday to above $1.4, maintaining its upward trajectory after SEC Chair Gary Gensler announced his term will officially conclude on January […]
Bitwise files Form S-1 for spot Solana ETF with SEC
Key Takeaways Bitwise has filed an S-1 registration statement with the SEC for a Solana ETF. Bitwise joins VanEck and 21Shares in the race to launch a Solana ETF. Share this article Crypto asset manager Bitwise has officially submitted a registration statement on Form S-1 to the SEC for its Bitwise Solana ETF. The move […]
Charles Schwab plans to offer spot crypto trading as US rules evolve under Trump
Key Takeaways Charles Schwab plans to offer spot crypto trading as US regulations ease, likely under President-elect Donald Trump. Incoming CEO Rick Wurster supports Schwab clients engaging with crypto but stated he does not plan to invest personally. Share this article Charles Schwab is preparing to offer spot crypto trading once US regulations become more […]
Trump Media files trademark application for a crypto payment service called TruthFi
Key Takeaways Trump Media filed a trademark application for a crypto service called TruthFi. The company, reportedly in talks to acquire Bakkt, signals expansion beyond Truth Social into crypto markets. Share this article Donald J. Trump’s social media company filed a trademark application for TruthFi, a proposed crypto payment service that includes financial custody services […]
Chris Giancarlo, ex-CFTC chair, emerges as frontrunner for White House ‘crypto czar’ role
Key Takeaways Chris Giancarlo is a frontrunner for the first-ever crypto role in the White House. The leader of the proposed role would help establish a framework for the $180 billion stablecoin market. Share this article Chris Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), has emerged as a leading contender for a […]
