Crypto News
Canada’s Blockchain Advantage: Small Enough to Move Fast, Big Enough to Matter
Over the past several years, global discourse around blockchain has been dominated by the United States — its legislative gridlock, inter-agency turf wars, and intermittent moments of regulatory clarity. As the U.S. continued to grapple with its internal contradictions, other jurisdictions have sought to fill the void. Switzerland, Singapore, Hong Kong, Dubai, and Gibraltar positioned themselves as crypto hubs. Yet, each of them faced a critical limitation: none were natural centers of technological innovation at global scale.Canada, by contrast, holds an often-overlooked but exceptionally strategic position. Not only is it geographically and culturally aligned with the United States, but it also shares a kindred entrepreneurial ethos. More importantly, Canada has deep, organic roots in blockchain innovation. Ethereum — arguably the...
Why America’s Biggest Crypto Company Is Trying to Stop a Pro-Crypto Bill From Passing
Coinbase is asking lawmakers to pause on passing a standalone stablecoin bill that could see a vote in weeks, causing tensions within the crypto industry.Source link
Kuwait Government Issues Warning as 1,000 Sites Found Illegally Mining Cryptocurrency
Crypto mining has been illegal in Kuwait since July 2023. But the government has issued new warnings after finding 1,000 new sites.Source link
TRUMP Coin Jumps 70% on President’s Dinner Event for Top Token Holders
TRUMP, marketed as Donald Trump's official crypto token, rallied on Wednesday as an invitation to a dinner event with the U.S. President for token holders appeared on the project's website."Join President Donald J. Trump at his Private, Members-Only Club in Washington, D.C. for Dinner!," a banner about the event on the project's website said.The invite is targeted for the 220 largest token holders, per the event's website.The token surged over 70% following the news briefly hitting $16, its strongest price since early March. Later it retraced to below $13, still up 43% over the past 24 hours.The event, notably, comes after $300 million worth of previously locked-up TRUMP tokens were added to circulation on April 18, according to Tokenomist data....
Benchmark Says Coinbase to ‘Benefit’ from Stablecoin Boom, Initiates at ‘Buy’
The exchange disclosed $910 million in full-year stablecoin revenue for 2024, up 31% from a year prior.Source link