YouTube has added PayPal’s dollar-pegged stablecoin as a payout option for U.S. content creators, marking one of PYUSD’s most high-profile use cases yet. What to know: YouTube enabled U.S. content creators to receive their earnings in PayPal’s (PYPL) stablecoin PYUSD, according to a report by Fortune, which cited PayPal’s head of crypto, […]
On December 18th, days before Christmas, Keonne Rodriguez, co-founder of the Bitcoin Samourai Wallet, will have to surrender to prison. His crime? Creating a software tool that gave Bitcoin users comparable privacy to that which banks are expected to provide. Samourai Wallet, the brand and technology stack built by Rodriguez and William […]
U.S. government finances are failing. But instead of allowing things to continue to their inevitable demise, the central planners are looking to pull off another switcheroo. Like the issuance of Greenbacks during the Civil War or FDR’s gold confiscation in 1933, the U.S. government is scheming to radically change the […]
The recommendation is in line with other global asset managers like BlackRock and Bank of America suggesting small portfolio allocations to the largest cryptocurrency. What to know: Brazil’s largest privately-owned asset manager, Itáu Asset Management, has recommended investors allocate 1% to 3% of their portfolios to bitcoin. In a year-end note, […]
Evan Tangeman, 22, pleaded guilty to laundering $3.5 million for a multi-state social engineering and crypto scheme that stole 4,100 Bitcoin worth $263 million at the time. A 22-year-old California resident has pleaded guilty to his role in a multi-state social engineering scheme that stole roughly $263 million in crypto. […]
The guidance confirms that facilitating customer crypto trades falls within the “business of banking,” expanding the range of activities that national banks may offer under existing law. The US Office of the Comptroller of the Currency has affirmed that national banks can intermediate cryptocurrency trades as riskless principals without holding […]
Michael Saylor, executive chairman of Strategy, framed Bitcoin as the foundation of a new era in digital capital and credit. Michael Saylor, executive chairman of Strategy, delivered a sweeping keynote at the Bitcoin MENA conference earlier today, framing Bitcoin not just as an investable asset, but as the foundation of […]
The Digital Chamber is among the oldest and largest crypto advocacy groups, and it’ll now incorporate CryptoUK into its widening operations. What to know: The Digital Chamber, which is among the most prominent crypto lobbying groups, is incorporating one of the leading U.K. digital assets groups, CryptoUK, as an affiliate under […]
The Abu Dhabi Investment Council more than tripled its stake in BlackRock’s iShares Bitcoin Trust to nearly 8 million shares in Q3, viewing Bitcoin as a long-term digital gold allocation. The Abu Dhabi Investment Council (ADIC) expanded its exposure to Bitcoin ahead of the cryptocurrency’s sharp downturn, more than tripling […]
Strategy’s Michael Saylor claims he met with every Middle East sovereign wealth fund to pitch Bitcoin-backed credit, positioning digital capital as a yield-generating alternative to traditional fixed income. Strategy Executive Chairman Michael Saylor said today that he has met with “every sovereign wealth fund in the Middle East,” as he continues to […]