CRYPTO
‘We are going to buy all of it’: Michael Saylor talks Bitcoin Strategy at Bitcoin MENA Conference
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 […]
Top U.S. Crypto Lobbying Arm Digital Chamber Integrates CryptoUK as Affiliate
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 […]
Abu Dhabi Tripled Its Bitcoin Bet In Q3 Before the Crypto Market Crash
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 Met With Middle East Sovereign Wealth Funds to Pitch Bitcoin-Backed Credit
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 […]
Argentina Moves to Let Banks Offer Bitcoin and Crypto Services
The Banco Central de la República Argentina (BCRA), is reportedly drafting rules that would allow commercial banks to offer bitcoin. Argentina is considering a major shift in its approach to bitcoin. Argentina’s central bank, the Banco Central de la República Argentina (BCRA), is reportedly drafting rules that would allow commercial banks to […]
40% of Canadian Crypto Users Flagged for Tax Evasion Risk, Canadian Tax Authority Reveals
Canada’s tax agency says legal gaps limit its ability to track crypto-related income as it recovers $100 million through audits and pushes for tighter regulation. What to know: The Canadian Revenue Agency (CRA) revealed that 40% of taxpayers who use cryptoasset platforms are evading crypto taxes or are at high […]
CFTC Opens Door for Spot Bitcoin and Crypto Trading in U.S. Markets
The CFTC has approved federally regulated spot Bitcoin and crypto trading in the U.S., with Bitnomial’s exchange launching next week. The CFTC is opening the door for federally regulated spot crypto trading in the U.S. for the first time, with Bitnomial’s exchange opening up next week. Acting Chairman Caroline Pham announced that […]
Jack Mallers’ Twenty One Capital Wins Approval for CEP Merger, Poised for Public Debut on Nasdaq
Twenty One Capital, Inc. (“Twenty One”) led by CEO Jack Mallers and Cantor Equity Partners, Inc. (“CEP”) announced on the 3rd of December that their shareholders approved the combination of the two businesses, meaning that Twenty One is set to go public very soon. The vote is expected to have received […]
Japan Moves to Mandate Reserves for Crypto Exchanges as Hacks Mount
Japan’s FSA plans to require crypto exchanges to hold liability reserves to compensate customers for losses from hacks, failures, or bankruptcies. Japan is preparing another major tightening of its digital-asset rulebook, with the Financial Services Agency (FSA) planning to require crypto exchanges to set aside liability reserves to compensate customers in the […]
Kraken Files for IPO After $800 Million Fundraising at $20 Billion Valuation
Kraken filed confidentially for a U.S. IPO after an $800 million fundraising that valued the exchange at $20 billion. Kraken, one of the longest-running crypto exchanges, has taken a major step toward going public, filing for a U.S. initial public offering (IPO) through its parent company, Payward, Inc. The draft […]
