The Canadian teenager was getting anxious. It was May 2024, and he was in Copenhagen, running out of money after leaving Moscow a week earlier. He’d booked the cheapest room he could find in the Danish capital, but the hostel was still more e

U.S. Treasury Secretary Scott Bessent said on Wednesday that legislation to create a framework for stablecoins backed by U.S. Treasury debt would help cement the dollar's position as the world's reserve currency and create demand for at least an addi

Crypto firm Circle Internet said on Monday it was targeting a valuation of up to $7.2 billion on a fully diluted basis in its upsized initial public offering in the United States, underscoring growing momentum in the stablecoin market.The upsized

European Central Bank policymaker Fabio Panetta on Friday called for a close monitoring of the reputational risks banks face in providing crypto-asset services to customers.Italy's biggest bank Intesa Sanpaolo in January carried out what CEO Car

European Central Bank policymaker and Bank of Italy Governor Fabio Panetta called on Friday for close monitoring of the reputational risks banks face in providing crypto-asset services, warning that losses could harm the trust of customers.Presen

GameStop has purchased bitcoin worth about $513 million, the company said on Wednesday as the ailing video game retailer looks to capitalize on the growing adoption of cryptocurrencies globally.GameStop said in a filing it acquired 4,710 bitcoin

Pakistan will allocate 2,000 megawatts (MW) of electricity in the first phase of a national initiative to power bitcoin mining and AI data centres, its finance ministry said on Sunday. The allocation is part of Islamabad's plans to use its surplu

-- Source link: bitly-- Note: Reuters has not verified this story and does not vouch for its accuracy

French prosecutors are investigating after a masked gang attempted to kidnap the daughter of a crypto businessman in Paris in what is at least the third violent attack targeting wealthy crypto players and their families in recent months.The shock

Crypto prime broker FalconX and global bank Standard Chartered said on Wednesday they had formed a strategic partnership to serve institutional crypto investors.The partnership marks FalconX's first collaboration with a global traditional bank a

American Bitcoin, a new bitcoin miner backed by U.S. President Donald Trump's two eldest sons, said on Monday it will list on the Nasdaq via an all-stock merger with Gryphon Digital Mining .Existing shareholders of American Bitcoin, including co-

World stocks hovered near their highest levels in six weeks on Friday after a U.S. trade deal with Britain fueled guarded optimism for progress in tariff talks with other countries.India on Friday offered to slash its tariff gap with the U.S. to

** Shares of pet health firm SRx Health Solutions rise 96% to $1.04 premarket** Co says it has bought $1.5 mln worth of cryptocurrency Solana tokens as part of its investment strategy** Co says it plans to allocate up to 10% of its cash into cryptoc

Turkey's capital markets board released rules for proof of reserve audit standards that crypto asset platforms have to meet to apply for operational licences in Turkey.According to the board's statement, published late on Thursday, these audits must

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- U.S President Donald Trump announced that the United States intended to sign a trade deal with Brit

Coinbase , the largest publicly traded cryptocurrency exchange, will acquire Deribit for $2.9 billion in cash and stock, the Wall Street Journal reported on Thursday.

Kuwait has launched a crackdown on cryptocurrency miners it accuses of being a "major" cause of a power crisis that has led to blackouts, as authorities seek to ease pressure on the grid before the start of a sweltering summer.Authorities started

Nike was sued on Friday by purchasers of Nike-themed non-fungible tokens (NFTs) and other cryptocurrency assets who said they suffered significant losses when the athletic wear company abruptly closed the business that created those assets.In a

** Shares of blank-check vehicle Cantor Equity Partners more than double, last trading at $32.85 after gaining 55.4% on Wednesday** The company, backed by Wall Street brokerage Cantor Fitzgerald, teamed up with a consortium including Tether and Soft

CME Group will launch futures contracts tied to the XRP cryptocurrency next month, the derivatives exchange said on Thursday, aiming to tap into the growing interest in tokens other than bitcoin and ether.The cash-settled futures are set to laun