Cryptocurrencies are often built using blockchain technology. Blockchain describes how transactions are recorded into “blocks” and timestamped. It’s a fairly complex technical process, but it produces a digital ledger of cryptocurrency tran
David O. Sacks, the White House's director of artificial intelligence and cryptocurrency affairs, announced on March 6 local time that US President Trump signed an executive order to establish a strategic reserve of Bitcoin.Ben Zhou, co-fou
The post OCC Relaxes Crypto Regulation, Allowing Banks to Participate Without Prior Approval first appeared on Coinpedia Fintech News.Federally regulated banks can now engage in a variety of cryptocurrency activities without prior approval,
A U.S. cryptocurrency reserve could provide “cover” for institutional investors, such as pension funds, that have been reluctant to invest in cryptocurrencies.President Donald Trump’s two posts about the U.S. cryptocurrency reserve plan “tr
U.S. President Donald Trump has officially taken the first step toward establishing a strategic cryptocurrency reserve. Earlier today, David Sacks, the White House-appointed “crypto czar,” announced the news on X. He stated that President T
On the afternoon of March 7, local time in the United States, US President Donald Trump hosted the first cryptocurrency industry summit at the White House, convening representatives of regulatory agencies such as the Treasury Department and
The Office of the Comptroller of the Currency (OCC) issued an interpretive letter reaffirming that a range of cryptocurrency activities are permitted in the federal banking system, confirming that national banks and federal savings associat
According to Decrypt, the Trump administration detailed how the United States plans to establish its leadership in the cryptocurrency field at the first White House Cryptocurrency Summit. U.S. Treasury Secretary Scott Bessant talked about e
U.S. and European authorities have shut down Moscow-based cryptocurrency exchange Garantex, accusing it of processing nearly $100 billion in transactions, a significant portion of which allegedly served criminal and terrorist organizations.
This morning, the long-awaited executive order on the strategic reserve of Bitcoin in the crypto industry finally came. At around 8 a.m. on March 7, David Sacks, director of AI and cryptocurrency at the White House, posted on social media t