Crypto firms take a hit as Trump’s new tariffs rattle markets, sinking stocks and stalling IPO ambitions across sectors. Cryptocurrency firms felt the heat from US President Donald Trump’s sweeping tariff rollout this week as market turbulence sent share prices tumbling and foiled initial public offering (IPO) plans. From exchanges to Bitcoin (BTC) miners, crypto...Continue Reading
The Third Panel of the Brazilian Superior Court of Justice determined that cryptocurrencies can be seized by courts to repay creditors. Brazilian judges have been authorized to seize cryptocurrency assets from debtors who owe money and are behind on their payments, signaling a growing recognition that digital assets can be both a form of payment...Continue Reading
Bitcoin adds gains as US stock markets drop a record $3.5 trillion in value and Federal Reserve Chair Jerome Powell warns of “higher inflation and slower growth.” As stock markets crumbled for a second day on April 4, US Federal Reserve Chair Jerome Powell said that the Trump administration’s “reciprocal tariffs” could significantly affect the...Continue Reading
“Covered stablecoins,” or tokens backed by physical fiat or high-liquidity assets and redeemable 1:1 with the US dollar are exempted from reporting requirements. Under new SEC guidelines, stablecoins that meet certain criteria are considered ”non-securities” and are exempt from transaction reporting requirements, the United States Securities and Exchange Commission said in a notice published April...Continue Reading
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