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President Trump plans a May 22 dinner for top TRUMP memecoin holders amid criticism, calls for impeachment and scrutiny over a $2 billion UAE crypto deal. US President Donald Trump will host a gala dinner for top holders of his Official Trump (TRUMP) memecoin despite bipartisan criticism and renewed calls for impeachment. In a May…
A group of nine US Senate Democrats say they will oppose the stablecoin bill in its current form, threatening its chances of passing. A group of US Senate Democrats known for supporting the crypto industry have said they would oppose a Republican-led stablecoin bill if it moves forward in its current form. The move threatens…
KuCoin CEO BC Wong told Cointelegraph that some regulators might be using regulation to drive away global players and pave the way for domestic trading platforms. Crypto exchange KuCoin said that it may reenter South Korea after its platform was blocked in the country. On March 21, South Korean regulators ordered Google Play to block…
Nexo returns to the US as Donald Trump Jr. backs the crypto services platform and new SEC leadership signals a friendlier regulatory stance. Cryptocurrency services platform Nexo announced that it is reentering the US market after facing previous regulatory challenges. According to an April 28 announcement, Nexo’s reentry event featured Donald Trump Jr., who said…
Circle’s chief strategy officer and head of global policy, Dante Disparte, denied reports that the company is seeking a US federal bank charter. An executive at major stablecoin issuer Circle denied recent reports that the company is looking to obtain a US federal bank charter. In an April 25 X post, Circle’s chief strategy officer…
Crypto betting platform Stake reportedly had revenue of $4.7 billion in 2024, rivaling traditional betting platforms. Crypto casinos generated more than $81 billion in revenue in 2024, even as regulators in key jurisdictions continued to block access to the platforms, according to a new report. Citing data from the anti-online-crime platform Yield Sec, the Financial…
Sygnum says better crypto regulation and user traction could drive altcoin growth in Q2 2025, despite Bitcoin dominance hitting a four-year high. Altcoins may see a resurgence in the second quarter of 2025 as regulations for digital assets continue to improve, according to Swiss bank Sygnum. In its Q2 2025 investment outlook, Sygnum said the…
Italy’s Minister of Economy and Finance Giancarlo Giorgetti said US stablecoins’ appeal to Europeans should not be underestimated. Italy’s minister of economy and finance warned that US stablecoin policies are more concerning than President Donald Trump’s tariffs, citing the potential for these crypto assets to undermine the euro’s dominance in cross-border payments. Speaking at an…
Google will debut a new crypto ads policy on April 23, requiring advertising exchanges and wallets to be licensed under the MiCA or CASP regulatory frameworks. Google will begin enforcing stricter advertising policies for cryptocurrency services in Europe under the Markets in Crypto-Assets (MiCA) framework, the company said in a recent policy update. The move…
NYDIG analyst Greg Cipolaro says crypto futures rates have been “persistently positive” amid the Trump administration’s flip-flopping tariff regime. Crypto markets have been fairly stable amid wider market panic caused by US President Donald Trump’s “on-again, off-again” sweeping global tariffs, according to a New York Digital Investment Group (NYDIG) analyst. “Despite the carnage in traditional…