Regulation is a must for any fintech industry to grow and thrive in today’s financial ecosystem. Without clear rules and regulations in place, businesses, individuals, and investors will not be able to use new financial assets. Despite the lack of clear regulations, the crypto industry has grown to be a
Ever since Trump’s re-election, the crypto industry has been experiencing a huge shift in terms of regulation and adoption. After Trump signed an executive order to establish a crypto strategic reserve, several US states are stepping toward crypto adoption. On similar lines, Noth Carolina lawmakers introduced two bills to promote
SEC Chair nominee Paul Atkins and his spouse combinedly recorded at least $327 million net worth. Atkins also mentioned $6 million worth of crypto-related investments. In case, Paul Atkins confirms as the SEC chair after Senate hearing tomorrow, he will be the wealthiest SEC chair in the history. As per
With the beginning of Trump’s presidency this year, the face of the crypto industry changed in terms of regulation and adoption. Trump gave a green light to a crypto strategic reserve and revoked stringent rules around cryptocurrencies. Furthermore, the US SEC established a Crypto Task Force that is working diligently
Trump’s re-election in 2024 triggered a bull run in the crypto market by the end of the year. Even though the market couldn’t sustain the rally in 2025, the new US administration has been taking several initiatives for crypto regulation and adoption. US leaders have expressed their interest in stablecoin
The Trump administration yet another announcement that made headlines today. It unveiled plans to change the name of the existing agency USAID, U.S. Agency for International Development, to USIHA, U.S. International Humanitarian Assistance. The administration is also planning to bring the agency onto the blockchain for security, transparency, and accountability.
White House Crypto & AI Czar appointed by US President Donald Trump, David Sacks, sold all his crypto holdings before the administration began. Responding to a post citing a Financial Times report, Sacks confirmed that he doesn’t hold any crypto investments. Sacks is one of the key personalities behind crypto
The crypto market witnessed a strong comeback in the late evening Asian hours followed by Trump’s new announcement. While Bitcoin price rose by around 10% within a few hours, Ethereum, XRP, Solana, and Cardano have also recorded two-digit surges. All credit goes to Trump’s new announcement on Truth Social regarding
Despite being the largest digital currency in the world, Bitcoin faced a rejection from South Dakota lawmakers. The US state followed the lead of Montana which also recently rejected the Bitcoin reserve bill concept. Meanwhile, Bitcoin fell below $90,000 and it is trading above the $85K mark at press time.
The number of US states that are exploring Bitcoin investments has lost count under Trump’s presidency. Georgia has also filed a Bitcoin reserve bill on Feb 14, 2024 adding to the list of these states. As per the latest updates, Georgia filed for a second Bitcoin reserve bill to invest
