A week after the election, crypto sentiment remains strong. Polymarket, bitcoin and a possibly more efficient and crypto-positive government are all tailwinds to look forward to. Source
Tag: Crypto
SocGen Crypto Arm to Bring Its Euro Stablecoin EURCV to XRP Ledger, Expanding Beyond Ethereum, Solana
Stablecoins, which are cryptocurrencies with their price anchored to government-issued currencies, are increasingly popular for payments across the globe, offering a more efficient and cheaper way to move money. As countries roll out regulations for the asset class, more banks are getting interested in issuing their own stablecoin. Spanish bank BBVA, for example, said it plans to issue a stablecoin on Ethereum next year using payment firm Visa’s tokenization platform. Source
Bitcoin.com Now Live on Rumble: A New Era for Crypto Content
Bitcoin.com, a leading source for Bitcoin and cryptocurrency news, education, and tools, is thrilled to announce its official launch on Rumble, the rapidly growing video streaming platform known for championing free speech and creator empowerment. This partnership not only extends Bitcoin.com’s reach to a broader audience, but also coincides with Rumble’s introduction of a dedicated […] Original
Revolut Launches Standalone Crypto Exchange Across Europe
Revolut is expanding the international reach of its digital asset services with the rollout of Revolut X in 30 new countries across Europe. This expansion follows the standalone crypto platform’s launch in the UK in May, where it was designed to cater to both professional and retail crypto traders. Revolut X offers advanced trading features […] Source
Institutional Investors Go All In on Crypto as 57% Plan to Boost Allocations as Bull Run Heats Up, Sygnum Survey Reveals
“This report tells the story of progress and calculated risk, the use of a diverse set of strategies to leverage opportunities and most of all, the continued belief in the market’s long-term potential to reshape traditional financial markets” Lucas Schweiger, Sygnum Digital Asset Research Manager and report author, said in the press release shared with CoinDesk. Source
Crypto Influencer Kevin Mirshahi Found Dead in Montreal Park: Report
The 25-year-old has been missing since he was abducted along with three others from a condo in the city on June 21. The other abductees, two women and one man, were located by police hours later. In August, Joanie Lepage, 32, was charged with first-degree murder of Mirshahi and the abduction of Mirshahi and the three others. It is not known if her actions are linked to Mirshahi’s cryptocurrency ventures. Source
Inside Russia’s Crypto Rules: Sberbank CEO Reveals Key Insights
Sberbank CEO Herman Gref announced that using cryptocurrencies as a payment method within Russia is currently prohibited by law and is unlikely to be allowed in the near future. Speaking at the “FI day. Blockchain: on the edge of a new financial era” conference in Moscow, Gref clarified that while Russia’s new legislation permits the […] Source CryptoX Portal
An Elusive Indian Suspect at the Center of Indiana’s Crypto Fraud
Authorities in Grant County, Indiana, have recovered $36,000 in a cryptocurrency scam involving Prateek Jain, a 33-year-old man from Kolkata, India. Jain faces charges of felony fraud and money laundering after allegedly convincing a Marion, Indiana resident to deposit funds into a bitcoin ATM as part of the scam. The case, initially reported to the […] Source CryptoX Portal
How a $115M Crypto Fund With Big Ambitions Plans to Invest In Latin America
One of the biggest roadblocks in converting Latin American investors to concept of crypto, is education about the sector. Cryptocurrencies, which don’t have a physical existence like gold or cash, can be a difficult concept for investors to grasp. “Latin American investors are still very traditional,” she added. “They tell me they only invest in things that they can stand on, or things they can touch. We’re trying to change that mentality… we need to prove to them that these technologies actually work.” Source
U.S. Senator Elizabeth Warren Rises Into Role Where Crypto Sector Won’t Shake Her
The Banking, Housing, and Urban Affairs Committee has been under the chairmanship of Sherrod Brown, the Ohio Democrat that the cryptocurrency industry spent tens of millions of dollars on defeating in this month’s elections. In his tenure, Brown allowed no significant legislative debate on digital assets legislation, though even as he ran the committee, Massachusetts Democrat Warren often managed to be the more prominent naysayer on crypto matters. Now that the Republicans won the Senate majority and will take the gavel, Warren confirmed she’ll step up as the ranking Democrat…