Financial services giant Charles Schwab has plans to directly offer crypto investments to its clients, president and incoming CEO Rick Wurster told Yahoo Finance in an interview on Thursday.
Former Commodity Futures Trading Commission (CFTC) Chair Chris Giancarlo, known as “Crypto Dad,” has emerged as the leading candidate to become the first White House “crypto czar,” Fox Business reported on Nov. 21. The Trump administration is reportedly establishing the role to guide US crypto policy and foster growth in the $3 trillion digital asset…
The US Securities and Exchange Commission (SEC) has suffered another major loss to crypto plaintiffs in Texas. In a new ruling, Judge Reed O’Connor of the US District Court for the Northern District of Texas ordered that the regulator’s use of the term securities “dealer” is not backed by any US laws. US SEC Overreach…
President-elect Donald Trump’s proposed “Crypto Advisory Council” is expected to establish his promised “Strategic Bitcoin Reserve,” Reuters reported on Nov. 21, citing sources familiar with the matter. While presidential advisory councils are not new, a dedicated crypto council would be unprecedented, reflecting the sector’s rapid evolution since Bitcoin’s inception in 2008. Blockchain Association CEO Kristin…
The U.K. government plans to unveil draft regulations for the crypto and stablecoin markets in early 2025, Bloomberg has reported. According to the publication, Prime Minister Keir Starmer’s administration aims to establish a regulatory framework for overseeing the crypto industry,…
A Southern District of New York Bankruptcy Judge has approved Celsius Network’s request to serve legal notices via non-fungible token (NFT) airdrops. Celsius, currently undergoing insolvency proceedings, seeks to recover funds from allegedly fraudulent transfers to unidentified digital wallets. Alternative Solution Following its bankruptcy, the company sued to void the fraudulent transfers and recover additional…
Bitcoin nears $100K, rising 4.86% in 24 hours, as investors eye regulatory optimism under President-elect Donald Trump.#partnercontent
Printemps, a cornerstone of French luxury retail, has taken a bold step into the digital age by becoming the first European department store network to accept cryptocurrency payments. Thanks to a strategic collaboration with Binance, the world’s leading blockchain ecosystem and cryptocurrency exchange, and Lyzi, a fintech innovator specializing in crypto payments, Printemps customers can…
Bankrupt crypto exchange FTX announced today that its court-approved reorganization plan will be effective in January 2025. Next month, FTX debtors will finalize arrangements with distributors to reimburse old users, especially those overseas. The reorganization plan has sparked discontent among creditors, but FTX is working to maximize recovered assets. Reorganization at FTX In a recent…
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