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...
Business & Markets

Trump Signs Order Creating Strategic Bitcoin Reserve, Digital Asset Stockpile

The president says the reserve would include Bitcoin, Ethereum, Cardano, Solana, and Ripple.President Donald Trump signed an executive order on March 6, creating a...
Business & Markets

Trump Plans a Crypto Strategic Reserve: What to Know

‘Only one digital asset in the world right now meets the bar and that digital asset is Bitcoin,’ Tyler Winklevoss said.President Donald Trump announced...
Business & Markets

$1.4 Billion Crypto Heist Allegedly Linked to North Korean Hackers

Blockchain security analysts identified North Korean Lazarus Group as the primary suspect behind the heist.Bybit, the world’s second-largest cryptocurrency exchange, on Friday said hackers...
Business & Markets

Coinbase Leadership Says SEC Will Drop Its Lawsuit Against the Exchange

Cryptocurrency exchange operator Coinbase said the U.S. Securities and Exchange Commission (SEC) will drop a key suit against the company.On Feb. 21, Coinbase Global...
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