CRYPTO

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Jan 25 2025POLITICS

Congress Investigates Sudden Bank Closures in Tech and Crypto

You might have heard about people and companies losing their bank accounts suddenly. This isn't just happening to regular folks, but also to big names in the tech and crypto world. Recently, the U. S. Oversight Committee, led by Representative James Comer, started looking into these cases. They're t

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Jan 25 2025FINANCE

Crypto Boost: Wall Street Banks Can Now Hold Bitcoin

For a long time, Wall Street banks stayed away from owning cryptocurrencies like Bitcoin. This was mainly due to a rule from the U. S. Securities and Exchange Commission (SEC). This rule, called "Staff Accounting Bulletin 121" or SAB 121, forced banks to treat digital assets as a liability on their

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Jan 24 2025CRYPTO

Trump's New Push for Crypto: A Digital Asset Stockpile?

President Donald Trump has signed a new executive order aimed at boosting the use of cryptocurrencies in the United States. This order also considers creating a national digital asset stockpile, marking a shift from Trump's earlier stance as a critic of crypto assets like Bitcoin. The order comes af

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Jan 24 2025CRYPTO

Ivanka Trump Warns About Fake Crypto Coin

Ivanka Trump has spoken out against a fraudulent cryptocurrency using her name, "IVANKA. " She clarified her stance on social media, emphasizing that she has no involvement with this coin. This scam coin, she explained, poses a risk to consumers and could lead to financial loss. She found the use of

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Jan 24 2025BUSINESS

Wall Street's New Crypto Hope: Trump's Pro-Crypto Stance

Just days into Donald Trump's second term, Wall Street's attitude towards crypto has done a 180. Morgan Stanley's CEO, Ted Pick, revealed at the World Economic Forum in Davos that the bank is keen to explore crypto transactions if regulations allow. Trump, once a crypto skeptic, has now embraced dig

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Jan 24 2025CRYPTO

Trump's Crypto Shake-Up: A New Regulatory Team Takes Charge

President Trump just shook up the crypto world by forming a new working group. Led by ex-PayPal exec David Sacks, this team will review regulations for digital assets like cryptocurrencies and stablecoins. They'll also look into creating a national crypto stockpile. This comes right after the SEC la

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Jan 24 2025POLITICS

Trump's Crypto Coin Craze: A New Way to Collect Cash

You might remember that decades ago, some politicians took cash bribes. Then, things changed with a Supreme Court decision called Citizens United. This decision said that giving money to campaigns was okay, so long as it was done through certain funds. Donald Trump has been making money in various

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Jan 24 2025BUSINESS

Trump's New Move: A Boost for Cryptocurrency

In a recent move, President Trump signed an executive order backing the growth of the cryptocurrency industry. The order calls for a new plan to regulate this business sector, where Trump has personal investments. The order suggests creating a working group to develop comprehensive regulatory and le

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Jan 24 2025BUSINESS

Young Collectors and Christie's Next Move

The art world is changing, and Christie's is eager to stay ahead of the game. Bonnie Brennan, the new CEO, has her eyes set on younger collectors. With over a quarter of Christie's buyers in the Americas being millennials or younger, she's not just thinking about the future, she's acting on it. Onli

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Jan 24 2025BUSINESS

Rollfi's Journey from Crypto to Payroll: A Startup's Pivot and Acquisition

Back in 2021, Kirubha Perumalsamy started Rollfi to help businesses with digital payments, right when crypto was booming. But when the crypto market crashed, Rollfi didn't just fold. Instead, they changed their game plan. They shifted towards becoming an embedded payroll company, teaming up with fin

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