Cryptocurrency | The Alliance Press

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Hong Kong’s Stablecoin Drive May Pave Way for Digital Yuan, Undermining US Dollar

News AnalysisThe push by Hong Kong’s Legislative Council to authorize a diverse range of fiat-referenced stablecoins is raising concerns about the stability of its...

Business

Trump Admin Moves to Let Borrowers Use Crypto in Mortgage Applications

Federal Housing Finance Agency (FHFA) director Bill Pulte has directed Fannie Mae and Freddie Mac to develop proposals for including cryptocurrency holdings in mortgage...

Business

Senate Passes Crypto Bill ‘Genius Act’ in Bipartisan Vote

ADSen. Cynthia Lummis said she is ‘excited about the momentum’ in Washington over cryptocurrency.&6/17/2025|Updated: 6/17/2025The Senate passed the Guiding and Establishing National Innovation for...

Business & Markets

9 Senate Democrats Withdraw Support From Bipartisan Cryptocurrency Bill

The bill aims to bring predictability to the stablecoin market with a regulatory system, but Democrats said they want more security-related reforms.WASHINGTON—A group of...

Business & Markets

Trump Signs Bill Overturning Expanded IRS Crypto Broker Rule

The Biden-era rule would have drastically expanded tax reporting requirements for digital asset transactions.President Donald Trump on Thursday signed into law a resolution overturning...

Business & Markets

Crypto Investors Lose Over $1.6 Billion to Hackers in First Quarter

That’s more than two-thirds of last year’s total. Less than 1 percent of the stolen funds have been recovered.Crypto investors suffered massive financial losses...

Business & Markets

Trump Says He Doesn’t See Possibility of Recession, Not Concerned With Market Selloff

The president is confident that his actions will result in future prosperity for the nation.President Donald Trump on March 11 rejected the notion that...

Business & Markets

US Regulator Says Banks Can Engage in Some Cryptocurrency Activities

The OCC reversed a decision made in 2021 and said it was withdrawing from joint statements on crypto risks issued to banks.A U.S. regulator...

Business & Markets

Trump Admin Will Explore Ways to Acquire Bitcoin for Strategic Reserve

The president said he’s ending Biden’s ‘Operation Choke Point 2.0,’ referring to efforts to cut off banking services to crypto companies.WASHINGTON—President Donald Trump said...

Business & Markets

Trump to Host First Crypto Summit at White House

Regulations and the strategic bitcoin reserve will likely be at the top of the agenda.WASHINGTON—President Donald Trump will host the first White House Crypto...

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