At a recent fundraiser, former US President and current Republican Presidential candidate Donald Trump declared himself the “crypto president,” according to attendees. Trump positioned himself as a robust advocate for cryptocurrency, taking a stance against Democratic regulatory efforts. The event, which took place at the Pacific Heights home of tech venture capitalists David Sacks and…
Fidelity Investments is scoring wins on revenue-sharing agreements with exchange-traded fund (ETF) managers following a controversial fee policy. Investors use Fidelity’s platform to buy ETFs, and ETF managers typically charge fees. Fidelity wanted a slice of that pie. The company struck deals with nine ETF issuers who were previously facing potential surcharges for their funds…
Ripple CEO Brad Garlinghouse believes the U.S. Securities and Exchange Commission (SEC) will approve exchange-traded funds (ETFs) for XRP, along with other cryptocurrencies, by next year. In a recent interview, Garlinghouse discussed the changing landscape of crypto regulations in the U.S., attributing the shift towards approving crypto ETFs to the SEC’s string of court defeats….
Binance, the world’s leading cryptocurrency exchange by trading volume, announced a significant achievement: surpassing 200 million registered users globally on June 8th. This number dwarfs reported figures from any competitor, though it’s important to note these are self-reported by Binance. Marking the occasion, Binance took to social media, highlighting the 200 million mark as a…
Good news for crypto buyers! Mastercard users can now once again purchase cryptocurrencies on Binance, the world’s largest exchange. This comes after Mastercard had disabled the option in August 2023. The previous suspension coincided with legal troubles for Binance in the US. The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC)…
In a move to boost its global cryptocurrency presence and attract institutional investors, Robinhood, the popular trading platform (HOOD), announced an agreement to acquire Bitstamp, a well-established crypto exchange. The all-cash deal valued at $200 million is expected to finalize in the first half of 2025, subject to regulatory approvals. This strategic acquisition will allow…