Binance's BTC/TRY pair sees increased trading activity as the move sends the lira crashing.
The Solana Foundation has faced significant backlash after a controversial promotional video titled “America is Back—Time to Accelerate” sparked outrage within the crypto community. On March 17, Solana’s official X account posted the now-deleted ad, which depicted the United States as a man in therapy struggling to focus on technological progress, including crypto and space […]
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A senior European Central Bank (ECB) official said that President Donald Trump’s aggressive push for crypto adoption could fuel financial instability and urged EU policymakers to strengthen their regulatory stance to mitigate potential fallout. François Villeroy de Galhau, Governor of the Bank of France and a member of the ECB’s Governing Council, said in an […]
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South Korea and North Korea have taken sharply contrasting positions on Bitcoin as South Korea’s central bank has reportedly ruled out BTC as part of its foreign exchange reserves. Why South Korea dismissed BTC According to the report, the Bank of Korea (BOK) stated that Bitcoin does not meet the International Monetary Fund’s (IMF) criteria […]
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Francois Villeroy de Galhau, the governor of Banque de France and the European Central Bank Governing Council’s member, believes U.S. president Donald Trump is making a huge mistake by supporting cryptocurrencies. In an interview with French weekly La Tribune Dimanche, Villeroy de Galhau said that the U.S. might be paving the way for the next […]
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Rep. Gerald E. Connolly, the Ranking Member of the House Oversight and Government Reform Committee, urged the US Treasury Department to abandon plans to establish a strategic Bitcoin reserve and the digital asset stockpile. In a letter to Treasury Secretary Scott Bessent, Connolly condemned the effort as fiscally irresponsible and politically motivated. He warned that the […]
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Several members of Donald Trump’s cabinet have significant Bitcoin holdings, with their combined investments valued in the millions, according to their financial disclosure reports. These disclosures show that cabinet members have gained exposure to Bitcoin through direct purchases on crypto exchanges and investment vehicles like exchange-traded funds (ETFs). The presence of crypto-friendly figures in the […]
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The US House of Representatives has voted overwhelmingly to overturn the controversial DeFi broker rule introduced by the Internal Revenue Service (IRS) under President Joe Biden’s administration. The measure passed with strong bipartisan support, as 292 lawmakers voted in favor while 132 opposed it. Although many Democrats resisted the repeal, 76 broke ranks to join […]
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Byron Donalds, a US congressman and candidate for Florida’s governorship, has proposed that the state establish a Bitcoin reserve, arguing that the digital asset could serve as a safeguard against inflation and federal monetary policy. In an interview with Fox Business on March 10, Donalds suggested that Florida should hold Bitcoin as part of its […]
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Mark Carney has emerged as Canada’s new Prime Minister, replacing Justin Trudeau after a decisive victory in the Liberal Party’s leadership race. The announcement, made on March 9, confirmed Carney’s rise to power with an overwhelming 85.9% of the vote, defeating his closest rival, former Finance Minister Chrystia Freeland. Carney’s appointment follows Trudeau’s resignation in […]
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U.S. crypto firms were heavily vested in President Donald Trump’s reelection in 2024, contributing upwards of $144 million towards his campaign. But “unchecked political spending” poses “profound risks,” according to a report published by the Center for Political Accountability (CPA), a nonprofit promoting transparency in corporate political contributions. The report states that the crypto companies’ […]
The post U.S. crypto firms’ push for deregulation and political contributions raises ‘red flags’: Report appeared first on CryptoSlate.
Senator Elizabeth Warren has called for greater transparency in David Sacks‘ role as Donald Trump administration’s crypto and artificial intelligence advisor. In a March 6 letter, Warren urged Sacks to prove that he is not personally profiting from policies that favor select digital assets, weaken regulatory oversight, and ease enforcement actions against the crypto industry. Warren stressed […]
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New York lawmakers are moving to crack down on crypto fraud through a new bill that criminalizes deceptive practices. Assembly Bill AO6515, introduced on March 5 by Representative Clyde Vanel, seeks to address rug pulls, private key fraud, and undisclosed financial interests in virtual tokens. Vanel, who chairs the Banking Committee and the Subcommittee on […]
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The Bitcoin Policy Institute (BPI) has proposed an unconventional approach to bolstering the US government’s Bitcoin reserves—selling off the country’s Strategic Cheese Reserve. In a March 7 post on X, the BPI suggested that the US could use proceeds from liquidating its cheese stockpile to fund Bitcoin purchases. According to the Institute: “America should immediately […]
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President Donald Trump signed an executive order on March 6 establishing a Strategic Bitcoin Reserve and a Digital Asset Stockpile and directing the federal government to retain forfeited crypto as a long-term store of value. Under the order, the Treasury Department will oversee the management of both reserves but the government will not actively acquire additional […]
The post Trumps signs Bitcoin reserve order but won’t buy more – for now appeared first on CryptoSlate.
House Majority Whip Tom Emmer (R-Minn.) reintroduced legislation on March 6 to prevent the federal government from issuing a central bank digital currency (CBDC), arguing that such a system could threaten Americans’ financial privacy and empower government overreach. The Anti-CBDC Surveillance State Act seeks to explicitly ban the Federal Reserve from developing, issuing, or implementing […]
The post Congressman Tom Emmer revives anti-CBDC bill, calls digital dollar a ‘surveillance tool’ appeared first on CryptoSlate.
Japan’s ruling Liberal Democratic Party (LDP) has proposed reducing the country’s crypto tax rates, signaling a shift in regulatory approach. On March 6, Akihisa Shiozaki, a member of Japan’s House of Representatives, shared details of the proposal on X, noting that it is open for public feedback until March 30. The initiative seeks to redefine […]
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House Majority Whip Tom Emmer and Congressman Ritchie Torres have announced the formation of the Congressional Crypto Caucus, a bipartisan coalition aimed at advancing pro-crypto legislation in the House of Representatives. The initiative marks a shift toward more coordinated legislative efforts in the digital asset space as lawmakers work to establish regulatory clarity for the […]
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CryptoQuant CEO Ki Young Ju has voiced concerns over the United States’ growing influence in crypto, suggesting that the country may be leveraging digital assets to serve its national interests. In a March 3 post on X, Young Ju highlighted the rapid shift in the US approach toward crypto, stating that the market appears to […]
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The US government’s decision to establish a Strategic Crypto Reserve has ignited intense discussions, with industry leaders questioning its structure and asset selection. On March 2, US President Donald Trump revealed that his executive order had directed his administration to create a national crypto reserve. According to him, the initiative aims to solidify the country’s […]
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US Democratic Congressman Sam Liccardo introduced a bill on Feb. 27 to prevent government officials and their families from profiting from cryptocurrencies, including memecoins. The proposed legislation, known as the Modern Emoluments and Malfeasance Enforcement (MEME) Act, has gained support from multiple Democratic colleagues and is designed to “make corruption criminal again.” If passed, the […]
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The European Union has taken action against Garantex, a Russia-based crypto exchange, as part of its 16th sanctions package targeting entities linked to the Ukraine conflict. In a statement released on Feb. 24, the EU identified Garantex as a key player in facilitating Russia’s efforts to bypass financial restrictions. The council cited the exchange’s close […]
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The head of Australia’s competition regulator warned that US President Donald Trump’s pledge to relax crypto regulations could lead to “horror scenarios” for Australian consumers by making them more vulnerable to investment scams. Gina Cass-Gottlieb, chair of the Australian Competition and Consumer Commission (ACCC), said any weakening of oversight in the US could exacerbate the […]
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The United States Securities and Exchange Commission (SEC) has replaced its Crypto Assets and Cyber Unit with the newly formed Cyber and Emerging Technologies Unit (CETU), continuing its shift in approach to regulating digital assets and combating cyber-enabled financial crimes. Announced on Feb. 20, the unit will focus on addressing misconduct involving artificial intelligence, blockchain […]
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Sanctioned entities received $15.8 billion in crypto in 2024, accounting for 39% of all illicit crypto transactions, according to the 2025 Crypto Crime Report by blockchain analytics firm Chainalysis. The report highlighted how increasing geopolitical tensions and financial restrictions drove nations like Iran and Russia to turn to digital assets to evade sanctions. The US […]
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The Elon Musk-led Department of Government Efficiency (DOGE) is targeting the US Securities and Exchange Commission (SEC) in its efforts to reduce waste in government spending. In a Feb. 17 post on X, DOGE urged individuals with knowledge of inefficiencies or unethical behavior at the SEC to come forward. The agency specifically invited direct messages, […]
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Argentina’s stock market took a sharp hit over the weekend after President Javier Milei became involved in a crypto scandal. On Feb. 17, Reuters reported that Argentina’s flagship index, the S&P Merval, dropped more than 5% following his endorsement of the LIBRA memecoin, which collapsed shortly after reaching a $4.5 billion market capitalization. On Feb. […]
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President Donald Trump’s administration may be pivoting away from the idea of a formal crypto council in favor of a series of informal summits involving a rotating bench of crypto industry leaders, Unchained Crypto reported on Feb. 13. According to three sources familiar with the administration’s decision-making process, these summits would focus on specific policy […]
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Donald Trump has reportedly selected Brian Quintenz, the current Head of Policy at a16z Crypto, to lead the Commodity Futures Trading Commission (CFTC), Fox Business journalist Eleanor Terret reported on Feb. 12. If confirmed, Quintenz will replace acting Chair Caroline Pham. Who is Quintenz? Quintenz, who served as a CFTC commissioner from 2017 to 2021, […]
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A government think tank has urged the Department of Justice and the US Office of Government Ethics to investigate whether former President Donald Trump violated federal laws prohibiting government officials from soliciting gifts. The complaint, filed by Public Citizen on Feb. 5, centers on Trump’s promotion of the Official Trump Memecoin (TRUMP) launched last month. […]
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