Crypto News

Federal Reserve Withdraws Crypto Rules for Banks, Ending ‘Choke Point’ Practices

The U.S. central bank will now treat crypto like any other banking service, instead of approaching the industry with particular caution.Source link

Robert Kiyosaki Predicts $1M Bitcoin as US Spirals Into Giant Crash

Robert Kiyosaki unleashes a seismic forecast, predicting a Great Depression while urging bold bets on bitcoin, which he believes will soar to $200K this year and over $1 million by 2035. The Collapse Has Begun: Kiyosaki Warns of a Great Depression Meltdown Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has onceSource link

Fed Joins OCC, FDIC in Withdrawing Crypto Warnings for U.S. Banks

The Federal Reserve has joined its fellow U.S. banking regulators in deleting its crypto guidance of previous years, including notices that banks should get pre-approvals before they get involved in crypto activity.Now, all three agencies — including the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. — have joined in reversing those previous policies, leaving crypto matters at banks in the hands of their managers and compliance executives. In the absence of guidance, the banking industry awaits new laws from Congress to define how the digital assets industry should operate in the U.S."These actions ensure the Board's expectations remain aligned with evolving risks and further support innovation in the banking system," the Fed said in...

Coinbase Joins Forces With Paypal to Supercharge Crypto Payments

Coinbase and Paypal are unleashing a payments revolution, fusing stablecoin tech with mass adoption muscle to drive billions onchain through frictionless, instant digital transactions. Coinbase and Paypal Collide to Supercharge Crypto Payments—Onchain Adoption Begins Coinbase has broadened its alliance with digital payments powerhouse Paypal, aiming to deepen the impact of Paypal USD (PYUSD), a stablecoinSource link

From $5 to $5 Million: Bitcoin Whale Moves BTC Mined 15 Years Ago

A Bitcoin whale who mined 50 BTC nearly 15 years ago finally moved the coins, potentially collecting massive gains if sold.Source link