A recent presidential pardon has sparked a heated debate. The focus is on Changpeng Zhao, often called CZ, the head of Binance, the world's biggest crypto exchange. He was found guilty of breaking anti-money laundering rules in 2023. Binance had to pay a huge fine of $4 billion. CZ himself had to pa
JP Morgan is now letting clients use Bitcoin and Ethereum to get loans, but there's a twist. The bank isn't keeping the crypto itself. Instead, it's stored with other companies like Coinbase or Fidelity. This is called a "non-deliverable" setup, and it shows JP Morgan is being extra careful with cry
The U. S. is making big moves in the world of digital money. President Trump has picked Michael Selig to head the Commodity Futures Trading Commission (CFTC). Selig is no stranger to crypto. He's been a key player in the SEC's crypto task force, helping to shape how the government oversees digital c
The Federal Reserve is considering a new idea: a "skinny" account for crypto firms. This account would give them limited access to the Fed's payment system. It's not the full deal, but it's a step forward. This idea comes from Christopher Waller, a Fed governor. He thinks it could help stablecoin c
A bunch of big companies and rich folks are chipping in to build President Trump's new $300 million ballroom at the White House. They're not doing this out of the kindness of their hearts. They want something in return. Maybe it's a big government contract, or maybe they hope the president will look
In a surprising move, CBS Evening News chose not to cover Donald Trump's pardon of Changpeng Zhao, the billionaire founder of Binance, a major cryptocurrency exchange. This decision stood out because other major networks like ABC, NBC, and PBS, as well as news outlets like the Wall Street Journal, F
Jamie Dimon, the CEO of JPMorgan, has been a vocal critic of cryptocurrencies for years. He has repeatedly dismissed Bitcoin and other digital assets as worthless, even going so far as to say he would shut down crypto if he were in charge. Despite his strong words, JPMorgan is now reportedly plannin
In the last few months, trading of actual cryptocurrencies on big exchanges saw a big jump. This change came after a slow start to the year. The top 10 exchanges saw a huge 30. 6% increase in trading volume. This means a lot more people are buying and selling cryptocurrencies like Bitcoin. Bitcoin
Donald Trump found himself in a heated exchange with CNN's Kaitlan Collins. The topic? His decision to pardon Changpeng Zhao, the bigwig behind Binance, a major player in the crypto world. Collins tried to dig deeper, asking if Zhao's pardon had anything to do with Binance's interest in teaming up
Crypto has always been a bit of a wild card, and its recent journey in the U. S. is no exception. It started as a way to bypass traditional banks and governments, but now it's become a tool for the wealthy to gain even more power. The Trump administration has been a big part of this shift, with cryp
