Crypto News

President Donald Trump detailed how the U.S. plans to assert crypto leadership leadership during a first-ever White House crypto summit.Source link

The U.S. Secret Service, supported by blockchain analytics firm Elliptic, dismantled sanctioned Russian cryptocurrency exchange Garantex and froze $26 million in cryptoassets, authorities announced Friday. U.S. Secret Service, With Elliptic’s Aid, Dismantles Sanctioned Russian Crypto Exchange Garantex Elliptic’s data revealed Garantex executed over $60 billion in transactions since the U.S. and EU imposed sanctions inSource link

Federally regulated banks can engage in a range of cryptocurrency activities without prior approval, The Office of the Comptroller of the Currency (OCC) said, in a new interpretive letter and statement.In a new interpretive letter, the OCC clarified that national banks and federal savings associations can legally provide crypto custody, conduct certain stablecoin-related activities, and run nodes. “The OCC expects banks to have the same strong risk management controls in place to support novel bank activities as they do for traditional ones,” said Acting Comptroller of the Currency Rodney E. Hood. “Today’s action will reduce the burden on banks to engage in crypto-related activities and ensure that these bank activities are treated consistently by the OCC, regardless of the...

The frequency at which Solana issues new tokens could change, and builders are at odds over how the shift could impact the ecosystem.Source link

President Donald Trump announced the creation of a strategic bitcoin reserve during the first-ever White House digital asset summit. Trump Sits Alongside Crypto Industry Leaders at Historic White House Summit Speaking at the historic event, Trump stated, “Yesterday, I signed an executive order officially creating our strategic bitcoin reserve, and this will be a virtualSource link