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Mark Carney has won a snap election to keep his job as Canada's prime minister, but this leaves the future of the country's crypto industry unclear, given his past skepticism toward blockchain technology.Carney defeated the explicitly pro-crypto candidate Pierre Poilievre in an election the sitting …
US Senator Ted Cruz introduced a bill on March 26 to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC). The “Anti-CBDC Surveillance State Act,” would prohibit the Fed from offering certain products or services directly to American individuals, a key component of any CB…
For best results when printing this announcement, please click on link below:On March 7, 2025, President Donald Trump signed an executive orderestablishing a Strategic Bitcoin Reserve in the United States. Funded withBitcoin seized from legal proceedings, this move marks a drastic shift in thecountr…
The Bank of Israel has put forward a possible design for a central bank digital currency (CBDC) should the decision be made to introduce one in the future.The central bank described the proposed digital shekel (DS) as a "multipurpose CBDC", to wit it would be for both retail and wholesale use, in a …
Stablecoins issued by traditional financial institutions may face challenges in gaining significant market adoption, according to Matt Hougan, chief investment officer at Bitwise.“TradFi stablecoins will find it harder than they think to win market share,” Hougan said in an X post on Feb. 26.Hougan …
Ripple announced a significant rebrand, aligning its identity with the Internet of Value. The XRP issuer is looking to develop a new brand identity under the changing regulatory space in the US.This strategic shift impacts its products, website, and social media presence, marking a new phase in its …
US President Donald Trump has signed an executive order directing the government to create a sovereign wealth fund, with industry advocates and at least one lawmaker suggesting the action could lead to the government acquiring Bitcoin.Trump signed the executive order (EO) in a Feb. 3 press event in …
The Indian government, which has historically been opposed to crypto, is reviewing its regulatory policy in response to adoption by other nation-states.According to Reuters, India's economic affairs secretary, Ajay Seth, said that digital assets "Don't believe in borders" — signaling that India does…
Lunar New Year has become a global celebration and a surprisingly positive period for Bitcoin and crypto — replete with modernizing the hongbao (financial gifts in red envelopes), memecoins bearing the year’s zodiac animal and increased trading activities in Asian hours.So far, 2025 appears to be f…
The US ban on central bank digital currencies (CBDCs) may significantly influence global CBDC projects, according to industry observers.On Jan. 23, US President Donald Trump signed an executive order officially prohibiting the establishment, issuance, circulation and use of CBDCs in the US.Celebrate…
US President Donald Trump’s executive order banning the creation of central bank digital currencies (CBDCs) in the United States could mark a significant shift in institutional cryptocurrency adoption, according to industry executives.The executive order, signed Jan. 23, prohibits the establishment,…
Kazakhstan took down 36 illegal cryptocurrency exchanges in 2024 amid ongoing efforts to combat money laundering in the region, a drop of 96% from 2023.On Jan. 6, the Financial Monitoring Agency of the Republic of Kazakhstan announced the shutdown of 36 crypto exchanges operating without proper auth…