Cryptocurrency

Cryptocurrency
Dogecoin Foundation Teams With 21Shares to Launch Crypto ETPs
April 10, 2025

House of Doge, the corporate arm of the Dogecoin Foundation, launched a partnership with cryptocurrency company 21Shares. The collaboration will yield the only dogecoin exchange-traded products (ETPs) endorsed by the Dogecoin Foundation, according to a Thursday (April 10) press release. “This partnership represents a significant...

Cryptocurrency
Are Stablecoins a Threat or an Opportunity for Banks?
April 10, 2025

Banks have always evolved to provide more effective systems to serve their customers. But while historically that evolution was relatively linear, as the financial world continues to digitize, banks are faced with a growing array of options to meet customer needs. Stablecoins — cryptocurrencies pegged...

Cryptocurrency
Cryptocurrencies and Crypto-Related Stocks Rise After Trump Pauses Tariffs
April 09, 2025

The prices of cryptocurrencies and crypto-related stocks leapt Wednesday (April 9) after President Donald Trump paused the new tariffs that he had placed on more than 75 countries. As of 2:55 p.m. ET, bitcoin’s price had surged 7.6% over the previous 24 hours and got...

Cryptocurrency
Hill Hearing Focuses on Regulatory Structure of Crypto and Digital Asset Oversight
April 09, 2025

Securities laws need readjustment to account for some of the unique qualities of digital assets — and market structure legislation should pave the way for better oversight of those nascent offerings, attorneys and a crypto executive told a Capitol Hill hearing. The hearing, titled “American...

Cryptocurrency
Mastercard and Kraken Team to Promote Crypto Payments in the EU and UK
April 09, 2025

Cryptocurrency platform Kraken launched a payments-focused partnership with Mastercard. The collaboration will allow Kraken customers in the United Kingdom and Europe to spend crypto assets at more than 150 million merchants that accept Mastercard, according to a Tuesday (April 8) press release. “Crypto is transforming...

Cryptocurrency
Report: Justice Department to End ‘Regulation by Prosecution’ of Crypto-Related Activities
April 08, 2025

The U.S. Justice Department will reportedly limit its cryptocurrency enforcement efforts to the use of digital assets in crimes related to things like terrorism, drug cartels and fraud. Deputy Attorney General Todd Blanche said in a Monday (April 7) memo that this change is meant to leave...

Cryptocurrency
State Regulators Push Back on Proposed Federal Control of Stablecoin Industry
April 08, 2025

Crypto’s biggest success story, after a litany of industry failures, has been stablecoins. The asset-pegged digital tokens, designed to maintain their stability and facilitate non-volatile financial applications across blockchains, have to-date grown so much that there exist around $234 billion in circulation. But while the...

Cryptocurrency
Bitcoin Price Sinks Amid ‘Tariff-Driven Pullback’
April 07, 2025

Cryptocurrency prices sank early Monday (April 7) in Asia, collateral damage in America’s trade war. According to a Bloomberg News report, Bitcoin lost around 7% of its value Sunday (April 6) night into Monday morning in Singapore, hitting a low of $77,077. The second-most-popular crypto...

Cryptocurrency
Tether Weighs Launching ‘Domestic Stablecoin’ in the US
April 07, 2025

America’s changing cryptocurrency landscape could soon bring Tether’s stablecoin to the U.S. The company is considering offering a U.S.-only stablecoin, assuming the government brings forth regulations encouraging new entrants to the market, Tether’s CEO told the Financial Times (FT) in a report published Monday (April...