A senator hails Scott Bessent as a champion for digital assets, backing his Treasury Secretary nomination to advance a Strategic Bitcoin Reserve and reshape U.S. fiscal policy. The Pro-Crypto Leader Poised to Shape US Fiscal Policy U.S. Senator Cynthia Lummis (R-WY) has voiced firm backing for President-elect Donald Trump’s selection of hedge fund manager Scott […]
Argentina Partners With El Salvador on Digital Asset Regulation Issues
The CNV, the current VASP regulatory institution in Argentina, has signed a collaboration agreement with the Digital Asset National Commission (CNAD) of El Salvador to exchange information, supervise, and regulate cryptocurrency exchange operations. Argentina to Lean on El Salvador’s Experience in the Digital Asset Regulation Field President Javier Milei’s administration seems adamant about establishing clear […]
Digital Assets Investments Hit Record $3.85 Billion Weekly Inflow
Coinshares digital assets report showed a significant surge in digital asset inflows, reaching $ 3.85 billion. Record Breaking Inflows Into Digital Asset Investment Digital asset investment products had the biggest weekly inflows ever at $ 3.85 billion, shattering the previous record established only a few weeks earlier. Coinshares‘ analysis of last week’s (Dec. …
US Treasury Acknowledges Bitcoin as ‘Digital Gold’ in Fiscal Report
The U.S. Treasury’s Fiscal Year 2024 Q4 Report describes how “digital assets have witnessed rapid growth albeit from a small base,” highlighting bitcoin’s “primary” function as a “store-of-value.” Treasury’s Bitcoin Remarks Ignite Conversations Among Enthusiasts On Saturday, enthusiasts on X buzzed over the Treasury’s comparison of bitcoin to “digital gold.” The report, crafted by the […]
Crypto.com Partners With Mastercard to Expand Digital Payments in GCC Region
Crypto.com has announced a strategic partnership with Mastercard, enabling the cryptocurrency platform to issue payment cards directly in the Gulf Cooperation Council (GCC) region, starting with Bahrain. Crypto.com Secures Principal Licence to Issue Mastercard-Powered Cards The collaboration revealed on Dec. 4, grants Crypto.com a principal licence to issue cards on Mastercard’s payment network. This move, […]