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President Trump’s GENIUS Act legalizes stablecoins and requires them to be backed by U.S. dollars or Treasuries. That’s going to increase demand for dollar-backed assets and, maybe, cement the dollar’s…
Read article →When federal agents raided the home of Kraken founder Jesse Powell two years ago, the Justice Department was in the midst of a sweeping legal campaign against the cryptocurrency industry.…
Read article →President Donald Trump’s media company just bought a stash of the world’s largest cryptocurrency. On Monday morning, Trump Media and Technology announced that it had acquired $2 billion in Bitcoin…
Read article →Jack Dorsey’s Block Inc. joins the coveted S&P 500 on Wednesday, a symbolic milestone that puts the digital finance firm—pursuing everything from mobile banking to Bitcoin mining—under Wall Street’s spotlight. …
Read article →One of the world’s foremost Bitcoin boosters has drummed up another stash of capital. Tim Draper’s investment firm, Draper Associates, has raised $200 million for its eighth fund, according to…
Read article →Circle on Thursday announced that the world’s biggest crypto exchange would begin accepting USYC, a type of stablecoin that shares yield with investors, as collateral from institutional clients. While the…
Read article →When Dan Morehead—featured guest on the latest episode of Fortune’s Crypto Playbook podcast—first started digging into Bitcoin in 2013, he decided to leave behind his long career in traditional finance…
Read article →Crypto traders are taking a more defensive posture amid speculation long-term holders are offloading tokens with Bitcoin trading just below all-time highs. Recommended Video The largest cryptocurrency by market value was…
Read article →Fintech giant PayPal launched a new payment option on Monday that will let smaller U.S. merchants accept more than 100 cryptocurrencies, including mainstays like Bitcoin and Ethereum but also zanier…
Read article →The online brokerage eToro is exploring whether to spin up its own blockchain, CEO Yoni Assia told Fortune in a Tuesday interview. “We’re now evaluating a couple of potential partnerships…
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