Crypto News
Trump Blames Biden for Banks Blocking Crypto: ‘There Is a Lot of Debanking’
President Trump unloaded on the issue of crypto debanking Friday, but stopped short of committing to issuing an executive order on the subject.Source link
XRP Legal Saga Concludes as Ripple Withdraws Appeal, SEC Expected to Follow
The XRP case is concluding as Ripple drops its appeal and the SEC is expected to follow, locking in a landmark ruling that secures XRP’s legal clarity. Final Moves in XRP Case: Ripple Withdraws Appeal, SEC Set to Join A pivotal chapter in the XRP saga is closing as the long-running case officially comes toSource link
‘Rogue’ Police Are Destroying Bitcoin ATMs: Bitcoin Depot Legal Chief
Chris Ryan said that police may be breaking the law in some instances and that the provider of the machines is entitled to the funds.Source link
Anchorage to Phase Out USDC, Agora USD Citing Risks, Stirring Fierce Backlash
Anchorage Digital, a crypto custodian and federally chartered bank, said it will start phasing out and direct institutional clients to convert USDC USDC and other stablecoins into rival token Global Dollar (USDG) in a sweeping move that drew criticism from industry players.The firm released a "Stablecoin Safety Matrix" that ranks stablecoins based on regulatory oversight and reserve asset management on Tuesday. Circle-issued USDC, which is the second-largest stablecoin with a $61 billion supply and is popular among institutions, was deemed no longer suitable under Anchorage's security framework. Two other, smaller tokens, Agora USD (AUSD) and Usual USD (USD0), were also slated for removal. Stablecoins are cryptocurrencies with their prices tied to an external asset, predominantly to the U.S. dollar."Following our...
Coinbase Stock Hits All-Time High
Cryptocurrency exchange Coinbase (Nasdaq: COIN) reached an all-time high of $382 on Thursday before closing at $369.21, a 43% price appreciation on a year-to-date basis, according to data from Yahoo Finance. Experts attributed the rally to the bullish sentiment over crypto legislation that may soon be signed into law later in the year. The GuidingSource link