Justin Sun, a big name in the crypto world, is ready to shell out $30 million for a one-hour chat with Elon Musk. This isn't his first big spend. He's known for dropping serious cash on unusual items, like a banana taped to a wall for $6. 2 million and a fancy dinner with Warren Buffett for $4. 6 mi
The Senate Committee on Agriculture, Nutrition, and Forestry has a big plan. They want to make crypto rules clearer. On January 27, they will talk about a new bill. This bill could change how crypto works in the U. S. The committee shared this news on Monday. They will show the bill on January 21.
Coinbase, the leading crypto exchange in the United States, is keeping a close eye on a significant crypto bill making its way through the Senate. The main point of contention is whether crypto platforms should be permitted to offer rewards on stablecoin holdings. Coinbase sees these rewards as a vi
A major player in the crypto world is stepping up its game. Coinbase, the biggest crypto exchange in the U. S. , is putting pressure on lawmakers. They want to keep offering rewards to customers who hold stablecoins. But there's a catch. A new bill is coming. It might limit these rewards. This bill
California is home to many crypto billionaires. A new tax plan has them talking about leaving. A union proposed a 5% tax on assets for residents worth over $1 billion. This could bring in up to $100 billion. The tax would also include a one-time fee of $1 billion for those worth over $20 billion. Th
South Korea is taking its time with a big crypto plan. They wanted to let people make their own stablecoins tied to the Korean won. But there are some big fights over the rules. So, they won't even start talking about it in the government until 2026. The main fight is about who gets to say if a sta
The White House has picked Mike Selig to head the Commodity Futures Trading Commission (CFTC). Selig is no stranger to the world of crypto. He's been a key player in the Securities and Exchange Commission's crypto task force. Before that, he was a big shot at a major law firm. This isn't the first
Justin Sun, the crypto mogul, is finally set to embark on a journey to space. He paid a whopping $28 million for a seat on Blue Origin's New Shepard spacecraft. This is not his first attempt. He was supposed to fly in 2021 but had to cancel due to scheduling issues. Then, he planned to go in 2022 wi
Bitcoin took a tumble recently, dropping below $117, 000. This happened after some crypto bills got stuck in Congress, unable to move forward. It's a big deal because bitcoin had been soaring, hitting record highs thanks to big investors buying into bitcoin ETFs. People were hopeful that new laws wo
A hot debate is unfolding in the Senate over a crypto bill. The Guiding and Establishing National Innovation for U. S. Stablecoins Act, or GENIUS Act, is on the brink of passing. This bill aims to set rules for stablecoins, a type of digital currency with a steady value. It's backed by the crypto in
