Crypto News
South Korea Police Arrest Four Linked to Murder by Stabbing, Crypto Theft
“Avoiding this particularly high risk activity is quite simple: Don't engage in face-to-face trades," developer Jameson Lopp told Decrypt.Source link
XRP Price Analysis: Is a Massive Breakout on the Horizon or More Pain Ahead?
XRP is trading at $2.24 with a market capitalization of $129 billion, a 24-hour trading volume of $6.78 billion, and an intraday price range between $2.18 and $2.36, reflecting a market struggling to find direction amid recent volatility. XRP The 1-hour chart indicates that XRP is consolidating within the $2.2 to $2.3 range after findingSource link
Bank of America CEO Says Bank Will Likely Launch Its Own Stablecoin
Bank of America, which has historically taken a backseat in the crypto industry, is prepared to launch its own dollar-backed stablecoin if U.S. lawmakers approve legislation allowing it to do so, its CEO said Tuesday.“If they make that legal, we will go into that business,” Bank of America CEO Brian Moynihan said in an interview with David Rubenstein at the Economic Club of Washington, D.C. on Tuesday.Moynihan said that he believes there will certainly be a U.S. dollar-backed stablecoin, arguing that given these digital assets function just like money market funds or bank accounts. This is dependent on Congress passing legislation; lawmakers and White House Crypto and AI Czar David Sacks have suggested legislation may move within President Donald Trump's...
Bank of America Plans to Launch Stablecoin If Legislation Passes, Says CEO
Brian Moynihan said this week that a "Bank of America Coin" will launch if the United States passes stablecoin legislation.Source link
One of 2 Remaining Democrats at U.S. CFTC Will Exit When New Chair Arrives
The U.S. Commodity Futures Trading Commission (CFTC) could have an even stronger Republican majority when the chairman picked by President Donald Trump arrives, with the announcement on Wednesday that Democratic Commissioner Christy Goldsmith Romero will step down after that expected confirmation.If Trump nominee Brian Quintenz, a former Republican commissioner at the agency, is approved by the U.S. Senate, the Democrat's exit will leave just Commissioner Kristin Johnson to represent the agency's minority party. This leadership shift would take place at a particularly meaningful moment for the agency, when its expected leading role in crypto is being worked out in Congress and past resistance to the industry is being stripped away with the already active overhaul of CFTC personnel."History has shown...