Biden signs crypto executive order | Crypto Breaking News
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Crypto Breaking News
Bitcoin up 9% as Biden announces executive order on cryptocurrencies
“Biden’s executive order attempts to address the lack of a framework for the development of cryptocurrencies in the U.S., which critics say could leave the country’s industry behind the rest of the world.”
American Billionaire Ken Griffin To Offer Cryptocurrency Services Through Citadel Securities
“In the Bloomberg interview, Griffin owned his wrong perceptions on digital assets. He changed his confession by acknowledging cryptocurrency’s meteoric and reputable rise in the financial sector within the past 15 years.”
Blockdaemon Acquires Crypto On-Ramp Company Gem
“Blockdaemon will integrate Gem’s embeddable user interface (UI) flows and API that lets users purchase over 40 cryptocurrencies from 125 countries through the on-ramp services, which are used by the likes of decentralized finance platform Celsius and crypto management platform ShapeShift.”
China seizes mining rigs; Ukraine crypto backlash warning
“In China. authorities bust a mining operation disguised as an E-V charging station. Going into Europe, Ukraine reiterates it’s calls for a blanket ban as the Russians try and preserve the value of the ruble.”
Dubai Adopts Initial Crypto Law, Establishes Independent Authority for Oversight
“Aiming to be a “major player” globally in digital assets, Dubai’s ruler announced the creation of a regulatory and licensing authority. The Securities and Commodities Authority of the UAE yesterday issued a statement saying it was nearing the issuance of a regulatory framework related to digital assets.”
Owner of Bitstream Mining to List on Nasdaq
“The latest crypto miner to go public is U.S.-based Bitstream Mining, as its owner, Agora Digital Holdings, plans an initial public offering on the Nasdaq. Agora will list under the ticker DEFY, with a pro forma total stockholders’ equity of $53 million but has not announced the share price, the prospectus said.”
Paxos Secures Payments License From Singapore’s Central Bank
“Paxos joins a handful of crypto companies green-lit by MAS and is the first blockchain infrastructure firm to receive approval from both New York and Singapore regulators. Paxos said it had received a license from Singapore’s central bank to begin offering its services within the island city-state.”
Singapore-based Cake DeFi Launches $100M in Capital for Venture Arm
“Cake DeFi Ventures will focus its investments across Web3, the metaverse, the NFT space, gaming, esports and fintech spaces that will benefit its core business”
Veteran Trader Peter Brandt Is ‘Getting Ready To Pull the Trigger’ on Bitcoin
“In a tweet published on March 9, Brandt suggested that he might betting to ready to buy Bitcoin.”
State Street inks institutional crypto custody deal with Copper
“State Street Digital will leverage Copper.co’s technology to develop and, subject to receipt of regulatory and other approvals, launch an institutional grade digital custody offering where clients can store and settle their digital assets within a secure environment operated by State Street.”
Pantera Leads $4M Seed Round for Streamlined Cross-Chain Bridge
“Swim Protocol, a Solana-based protocol aiming to build the cross-chain bridge of the future, announced Wednesday that it raised $4 million in a seed round led by Pantera Capital.”
Interesting Crypto Articles
- Ukrainian deputy minister praises role of crypto in his country’s plight, explains canceled airdrop “Ukraine’s Deputy Minister of Digital Transformation Alex Bornyakov has praised the role that cryptocurrencies played in helping his country.”
- Reality Intrudes on a Utopian Crypto Vision “The cryptocurrency boom has spawned enterprises democratically governed by a community of users. Or that’s the theory. Making it work has been much messier.”
- Are Bitcoin and Other Forms of Cryptocurrency the Future of Money? “Bitcoin and other forms of cryptocurrency raise new questions about the future of finance. How should Americans respond? (Photo: Chesnot/Getty Images)”
- ‘HODL’: A typo takes hold as a sound cryptocurrency strategy “You don’t have to be a cryptocurrency disciple to learn something from the HODLers. If you believe in the value of your investments, you might be less likely to panic in the face of market turmoil.”
- LimeWire Makes a Comeback as an NFT Marketplace “LimeWire relaunching as a NFT marketplace for digital collectables. The file-sharing platform of old will now focus on music NFTs and exclusive content. LimeWire will also have its own LMWR token.”
- Bored Apes NFT matches holders $1 million donation to Ukraine “Crypto donations from DAOs to NFTs and crypto firms to Ukraine have topped $88 million”
- Binance to invest in other non-crypto businesses following Forbes deal “Binance is reportedly looking to invest in several mainstream companies as a way of fostering greater crypto adoption in traditional business circles.”
- Crypto mining’s cost: How has hardware availability changed the industry? “Is accessible mining possible? How easy is it to buy mining equipment, and how can this happen affordably?”
- Bitcoin Newbies Are Evolving Into Long-Term HODLers As BTC Accumulation Phase Begins “Many fresh Bitcoin investors are evolving into long-term HODLers, inclining to hold their BTC stash for a more extended period.”
- Miami Nightclub E11EVEN Rolls Out Crypto Division and ‘Captain’s Club’ NFTs “The downtown Miami club is dancing deeper into crypto, partnering with Horizen Labs for the backend.”
- How Crypto Companies Must Mesh With Traditional Financial Services Platforms for DeFi to Succeed “Crypto companies looking to engage with traditional financial institutions must address risk management and compliance expectations stemming these institutions’ regulatory obligations.”
- Adobe Taps Polygon to Scale NFT Functionality in Behance Social Platform “The integration will allow Behance users to mint directly onto OpenSea while avoiding higher fees on Ethereum.”
- Crypto Mining to Resume in Iran — but With Conditions “New licenses will only be issued to mining farms supplied by power from renewable energy sources.”
- America’s Quiet Default “Seizing Russian holdings of American debt risks the role of the U.S. in the international system and opens the door to gold and bitcoin.”
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