US Vice President JD Vance is set to address the Bitcoin 2025 conference in Las Vegas, approximately a year following then-presidential candidate Donald Trump’s appearance at the same gathering.As per a notice from the conference organizers dated May 9, Vance will speak to attendees in person on May 28, making him the first serving US vice president to address a digital asset conference.Trump delivered a pre-recorded video message from the White House to the organizers of the Digital Asset Summit in March—his initial participation at a crypto event since assuming office in January—and engaged in-person at the Bitcoin 2024 conference…
Autore: wsjcrypto
In a correspondence submitted today to the Southern District of New York (SDNY), the attorneys representing the Samourai Wallet matter asserted that they did not retain exculpatory evidence and asked the judge to reject the defense’s petition for a hearing concerning the delayed revelation of crucial information obtained from FinCEN almost two years prior. Earlier this week, the defense stated in a notice that they had discovered that FinCEN had “strongly suggested” that Samourai Wallet was not functioning as a money transmitting business due to the noncustodial characteristics of the service in discussions with specific FinCEN staff members (more on…
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“`html Trusted Editorial material, assessed by prominent industry professionals and experienced editors. Ad Disclosure American national banks are now legally permitted to purchase and trade crypto on behalf of their clients. This decision was made on Wednesday in the form of arevised interpretive letter from the Office of the Comptroller of the Currency (OCC), removing former regulatory obstacles and enabling banks to proceed with digital asset services. Banks Allowed To Offer Complete Crypto Services According to the OCC direction, federal savings associations and national banks can now provide a full range of crypto services. This includes buying and selling digital…
Wall Street behemoth BlackRock convened with the Securities and Exchange Commission (SEC) Crypto Task Force to deliberate on staking within cryptocurrency exchange-traded products (ETPs) and the tokenization of securities. This dialogue could enhance institutional engagement in the cryptocurrency sector.As per a May 9 memorandum released by the task force, BlackRock aimed to “[d]iscuss viewpoints on the treatment of staking, comprising considerations for enabling ETPs with staking functionalities.” The firm has previously remarked that Ether (ETH) exchange-traded funds, while successful, are not as optimal without staking.Other cryptocurrency ETF issuers hold a similar opinion. On Feb. 15, the New York Stock Exchange…
“`html Reasons to have confidence Robust editorial standards emphasizing precision, relevance, and neutrality Developed by professionals in the field and thoroughly evaluated The utmost benchmarks in reporting and distribution Robust editorial standards emphasizing precision, relevance, and neutrality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The XRP value is at a decisive point as it struggles to maintain a crucial technical limit while maneuvering through wider market instability. Recently, a crypto analyst provided a stark warning for XRP investors, emphasizing that the digital currency…
“`html The legendary American baseball pitcher Satchel Paige once remarked, “Don’t glance back. Something may be closing in on you.” That’s excellent counsel for life — but not when striving to enhance our competitiveness relative to ASEAN counterparts. In this context, the Philippines should consistently reflect on past actions, observe current circumstances, and seek methods to broaden our international trade in products and services, as well as draw in foreign investments, all aimed at stimulating economic advancement. Occasionally, even highly specialized matters can significantly influence the promotion — or hindrance — of our nation’s growth. Here’s a straightforward example that…
“`html Taiwanese legislator Ko Ju-Chun has urged the administration to contemplate including Bitcoin in its national reserves, proposing it could act as a safeguard against global economic instability. Ko Ju-Chun, a legislator-at-large in Taiwan’s legislative assembly, the Legislative Yuan, took to X on Friday to announce that he championed Bitcoin (BTC) investment by the Taiwanese government during the National Conference on May 9.In his comments, Ko pointed out Bitcoin’s capacity to function as a shield amid global economic challenges, encouraging Taiwan to acknowledge the cryptocurrency alongside gold and foreign exchange reserves to enhance financial durability.Source: Ko Ju-ChunKo’s declaration emerged shortly…
“`html German authorities confiscated 34 million euros ($38 million) in cryptocurrency from eXch, a cryptocurrency platform purportedly utilized to launder assets stolen following Bybit’s unprecedented $1.4 billion breach.The confiscation, announced on May 9 by Germany’s Federal Criminal Police Office (BKA) and the chief prosecutor’s office in Frankfurt, encompassed multiple digital currencies, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Dash (DASH). This action represents the third-largest cryptocurrency seizure in the history of the BKA.Additionally, the authorities confiscated eXch’s German server infrastructure, which contained over eight terabytes of data, and deactivated the platform, the announcement elaborated.eXch conducted crypto exchanges without AMLIn…
“`html MARA Holdings, Inc. (NASDAQ: MARA) has announced first quarter 2025 results, revealing $213.9 million in revenue—a 30% rise from Q1 2024—as the firm continues its evolution into a digital energy and infrastructure leader. “Sales rose 30% to $213.9 million in Q1 2025 from $165.2 million in Q1 2024,” the company detailed in its letter to shareholders. MARA’s bitcoin reserves jumped by 174% year-over-year, increasing from 17,320 BTC to 47,531 BTC, now valued around $3.9 billion as of March 31, 2025. In spite of the revenue surge, MARA recorded a net loss of $533.4 million, largely due to a $510.2…