Tag: CEO

Charles Schwab CEO eyes spot Bitcoin trading by April 2026

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Charles Schwab Corp CEO Rick Wurster is reportedly eyeing an April 2026 launch window to provide spot Bitcoin (BTC) trading services to Schwab clients. According to RIABiz, Wurster cited a 400% increase in traffic to Schwab’s crypto website as evidence of investor interest in digital assets. The CEO predicted: “Our expectation is that with the changing regulatory environment, we are hopeful and likely to be able to launch direct spot crypto. Our goal is to do that in the next 12 months, and we are on a great path to…

MoonPay CEO calls on Congress to keep state authority over stablecoins

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Ivan Soto-Wright, CEO of cryptocurrency payment firm MoonPay, is calling on US lawmakers to leave a path open to state-level regulators when passing legislation on stablecoins. In an April 18 X post, Soto-Wright said he wanted Congress to “keep state-regulated issuers in the game” when it comes to stablecoin regulation, referencing efforts in the House of Representatives and Senate to create a federal regulatory framework. Lawmakers are considering whether to pass the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, in the Senate and the Stablecoin Transparency…

US prosecutors to pursue ex-SafeMoon CEO case despite DOJ memo

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Federal prosecutors said they will continue pursuing their case against Braden John Karony, the former CEO of crypto firm SafeMoon, despite the US Justice Department issuing a memo suggesting a policy of abandoning “regulation by prosecution” related to digital assets. In an April 18 filing in the US District Court for the Eastern District of New York, US Attorney for EDNY John Durham said his office had reviewed the April 7 DOJ memo issued by Deputy Attorney General Todd Blanche and intended to proceed with a trial against Karony. The…

Digital Currency Group CEO Barry Silbert says he should have just held BTC

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Barry Silbert, the CEO of Digital Currency Group, said he would have secured higher investment gains by just holding the Bitcoin that he invested in early-stage crypto projects around 2012. During an April 17 appearance on Raoul Pal’s Journey Man podcast, Silbert said he discovered Bitcoin (BTC) in 2011, purchasing BTC at $7-$8 per coin. Once the price of BTC surged, Silbert started looking for early-stage crypto companies to invest in. The executive told Raoul Pal: “I was using Bitcoin to make a bunch of those investments, and you would…

Binance Supports Countries in Managing Bitcoin Reserves and Shaping Crypto Policies, Says CEO

Key Notes Richard Teng says Binance is supporting countries in creating crypto reserves. Binance plans to set up an official headquarters. Trump’s interest in Bitcoin encourages other countries to develop more crypto-friendly policies. Binance is reportedly supporting countries in managing their Bitcoin reserves and shaping their crypto policies, according to its CEO, Richard Teng. This comes after the U.S. President Donald Trump reaffirmed his support for cryptocurrencies and pushed forward the development of digital assets in the country. In an interview with the Financial Times, Teng highlighted that Trump’s decision…

Binance helps countries with Bitcoin reserves, crypto policies, says CEO

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Cryptocurrency exchange Binance is involved in discussions on establishing strategic digital asset reserves with several countries, its CEO, Richard Teng, reportedly said. Binance has been advising multiple governments on establishing strategic Bitcoin (BTC) reserves and formulating crypto asset regulations, Teng said in an interview with the Financial Times on April 17. “We have actually received quite a number of approaches by a few governments and sovereign wealth funds on the establishment of their own crypto reserves,” Teng told the FT. Teng did not identify any countries but said that the…

Bitcoin and gold show loss of confidence in fiat, says Galaxy CEO

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According to Galaxy Digital founder and CEO Mike Novogratz, the recent rebound in Bitcoin reflects far more than speculative trading, rather it is a direct response to growing macroeconomic instability and a shift in global financial architecture. Speaking on CNBC’s “Squawk Box” segment Wednesday morning, Novogratz connected Bitcoin’s (BTC) recent performance with broader geopolitical and fiscal developments, including a sudden tariff policy announcement, rising interest rates, and evolving strategies in Washington. The resulting uncertainty is sparking a reevaluation of traditional security and economic systems that have been in place since…

Mantra CEO plans to burn team’s tokens in bid to win community trust

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Mantra CEO John Mullin said he is planning to burn all of his team’s tokens in order to win back the trust of the network’s community following the sudden collapse of the Mantra (OM) token on April 13. “I’m planning to burn all of my team tokens and when we turn it around the community and investors can decide if I have earned it back,” Mullin posted to X on April 16. Mantra set aside 300 million OM, 16.88% of the token’s nearly 1.78 billion total supply, for its team…

Crypto ‘uninvestable’ if exchanges ignore manipulation: DeFiance CEO

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A crypto investment executive said the biggest problem with digital asset markets is price manipulation, claiming that collusion between market makers and exchanges distorts token prices.  Arthur Cheong, founder of crypto investment firm DeFiance Capital, said in an X post that market makers and crypto projects work together to create artificial prices that can be sustained for long periods. Cheong wrote:  “You don’t know whether the price is a result of organic demand & supply or simply due to projects and market makers colluding to fix the price to achieve…

$5,431,983,000 Disappears As RWA Altcoin Drops 90% in Mere Hours – CEO Alleges Exchanges Acted ‘Recklessly’

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The CEO of a real-world asset (RWA)-focused crypto project is alleging that centralized exchanges may have played a role in the sudden collapse of the project’s native token. The market cap for top RWA project MANTRA (OM) plummeted by $5.431 billion on Sunday – declining from over $6.11 billion to $683.3 million in a matter of hours. Mantra CEO JP Mullin alleges on the social media platform X that the crash was caused by unnamed exchanges seemingly working against the coin by needlessly closing large positions during low-liquidity hours. “We…