Brazil has banned Worldcoin (WLD) from offering cryptocurrency or financial incentives in exchange for biometric data. The National Data Protection Authority (ANPD) enforced the directive on January 25, following a detailed investigation that started in November 2024. The Brazilian DPA issued a temporary ban on Worldcoin's iris-scanning venture. pic.twitter.com/keYaZRgx98 —
Russia’s state-owned energy giant, Rosseti is spearheading an ambitious initiative to enter the Bitcoin mining sector. The company plans to maximize “underutilized power facilities” to power cryptocurrency mining operations, to improve grid efficiency and as a revenue stream. “The Rossetti Group is the largest grid company in Russia. We can
During the weekend before his inauguration, President Trump’s associated memecoin $TRUMP was the talk of the cryptocurrency world and beyond. Late Friday, Trump revealed the Solana-based memecoin via his Truth Social and X accounts. The post read: “My NEW Official Trump Meme is HERE! It’s time to celebrate everything we
Trump Influence on Crypto Recently, Coinbase CEO Brian Armstrong commented on the effect of President Donald Trump on cryptocurrency. He noted that most the discussion at the World Economic Forum in Davos concerned Trump’s plans for cryptocurrency, particularly his vision of a “Strategic Bitcoin Reserve.” According to Armstrong, Trump is
President Donald Trump has reignited crypto discussions with his push for a national digital asset reserve. Initially focused on creating a Bitcoin-centric stockpile, Trump’s strategy has shifted toward a broader reserve, including altcoins like XRP. This move has divided the crypto community, sparking debates over political influence, lobbying, and the
Nasdaq filed a proposed rule change with the U.S. Securities and Exchange Commission (SEC) to let in-kind creation and redemption take place for the BlackRock iShares Bitcoin Trust (IBIT). This could hugely boost the operating efficiency of the largest spot Bitcoin exchange-traded fund on the market. In-kind creation and redemption
Despite the weekend, immense amounts of activity are observed in the crypto sector. Particularly, Senator Cynthia Lummis, while talking to the press stated that she would be working this weekend to help Donald Trump set up the Strategic Reserve. This elicited quite the positive enthusiasm from community members. Meanwhile, Donald
Community members are settling into the weekend, and today’s crypto status stands as such – Bitcoin has climbed to the $104K level. Activity is far from diminished as more pro-crypto instances continue to occur. Yesterday’s highlights included Donald Trump signing an executive order for a digital asset strategic reserve in
From being a niche industry limited to tech enthusiasts to becoming a trillion dollar industry with widespread adoption across the globe, the crypto industry witnessed massive growth over the years. Despite the growing adoption of cryptocurrencies, global countries have not yet formed clear regulatory policies for the industry. South Korea
Binance Futures has announced the launch of two new perpetual contracts: VINEUSDT and PIPPINUSDT. The contracts will be available from January 24, 2025, with VINEUSDT launching at 10:00 (UTC) and PIPPINUSDT launching at 10:15 (UTC). Both contracts will allow traders to leverage up to 25x, offering increased flexibility for experienced
