Tag: U.S.

Metaplanet is set to debut on the U.S.-based securities market exchange, OTCQX, under the ticker MTPLF starting December 19.  The Japanese firm noted that the decision to expand into the US market is fueled by growing global interest in its Bitcoin Treasury Strategy. It added that rising demand from both ...

Russia has joined the growing list of nations considering Bitcoin as a strategic reserve asset. Anton Tkachev, a member of the Russian State Legislative Chamber, Duma, from the New People party, has formally proposed that the finance ministry incorporate Bitcoin into the country's treasury reserves. Local media outlet RIA Novosti ...

Binance CEO Richard Teng has said the crypto exchange is not yet considering re-entering the U.S. market. During a December 9 interview with Bloomberg TV, Teng clarified that the crypto exchange is currently prioritizing its "global deployment" strategy and is not considering a return to the U.S. market despite the ...

Former U.S. Treasury Secretary Lawrence Summers has criticized President-elect Donald Trump’s proposal to establish a national Bitcoin reserve, describing it as “crazy” and a tactic to appease crypto-friendly campaign donors. Speaking to Bloomberg TV on December 6, Summers argued that such a move lacks economic rationale and serves no public ...

Cathie Wood, founder of Ark Invest, has expressed concern that the U.S. almost lost its competitive edge in crypto, especially before Donald Trump's reelection.  In a CNN interview, Wood stressed the importance of the U.S. regaining leadership in emerging technologies such as crypto, AI, robotics, energy storage, and multiomic sequencing. ...

U.S. asset managers are planning to launch Bitcoin exchange-traded funds (ETFs) that utilize derivatives to reduce the price volatility of digital assets. This initiative aims to make cryptocurrency more appealing to risk-averse investors. According to a report by Financial Times on Monday, December 2, leading firms like Calamos Investments, First ...

The U.S. Fifth Circuit Court of Appeals has overturned a Treasury Department decision to sanction Tornado Cash’s immutable smart contracts, declaring them beyond the scope of federal property laws.  In a ruling issued on November 26, the court determined that autonomous smart contracts, which operate without human intervention, cannot be ...

MARA Holdings, previously known as Marathon Digital, has raised concerns about the United States’ role in the global Bitcoin landscape, urging the country to adopt a more assertive approach to safeguard its economic and national security interests. In a recent post on X, MARA emphasized the significance of Bitcoin in ...

South Korea’s Financial Services Commission (FSC) is taking a cautious stance on digital assets amid growing calls to establish a national Bitcoin reserve.  Speaking to Newsprime on November 24, FSC Chairman Kim Byung-hwan described the idea of a Bitcoin reserve as “a distant story at the moment.” Kim acknowledged the ...

Executives from major crypto firms, including Ripple, Kraken, and Circle, are vying for seats on the crypto advisory council proposed by U.S. President-elect Donald Trump, according to a Reuters report published on November 22. Trump's team is reportedly deliberating the council's structure and membership. Reuters quoted anonymous sources suggesting firms ...