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World Financial Liberty co-founder says it wants to create a “strategic” token reserve

Chase Herro didn’t specify what the purpose of holding a reserve for the platform would be On Thursday, World Liberty Financial bought $470,000 worth of ONDO, the token linked to…

India’s financial regulator fines Bybit $1M, compliance status unclear

Bybit has been fined $1.06 million for PMLA non-compliance India blocked Bybit sites pausing the exchange operations in the country Bybit is seeking a VDASP license amid compliance confusion India’s…

US unions sue Treasury Department after letting Musk’s DOGE access personal financial information

The lawsuit claims DOGE has been given “unlawful” access to personal and financial information The sensitive information includes names, addresses, bank details, social security numbers, birth dates, and email addresses…

French Hill voted in to chair US House Financial Services Committee next year

Hill won after a second round vote, beating three other crypto-friendly Republicans Current Chair Patrick McHenry is retiring in on January 25, 2025 Hill has championed several crypto bills, including…

Donald Trump’s World Liberty Financial (WLFI) planning to launch stablecoin

Trump’s WLFI plans to launch a dollar-pegged stablecoin after raising $14M. The project faces challenges, with only 4.7% of its $300M token sale target met. Trump opposes a US CBDC…

Ripple’s CEO: an IPO hasn’t been a “high priority” as it’s in a strong financial position

Brad Garlinghouse said that Ripple is in a “strong financial position” and that a Ripple IPO has been a “back burner topic” Garlinghouse said that Gary Gensler’s “days are numbered”…

AWS and Boerse Stuttgart Digital team up to offer crypto solutions to EU financial institutions

The partnership was in response to retail customers and corporates seeking ways to enter the crypto market According to Boerse Stuttgart Digital, traditional financial institutions have to make a choice…

Tether to release documentary on its mission to bring financial freedom on 10th anniversary

Tether is building a financial tool for the “people left behind” The stablecoin was created in 2014 by Brock Pierce, Reeve Collins, and Craig Sellers It remains the largest stablecoin…

Taiwan’s financial regulator permits professional investors to invest in digital asset ETFs

The FSC has restricted access to the virtual asset ETFs to professional institutional investors Security companies will need to establish a “virtual asset ETF suitability system” Taiwan’s financial regulator is…

Bitwise CIO: More financial advisors are “allocating to crypto”

Only 10% to 20% of financial advisors admitted to owning crypto in their portfolios Now, roughly, 70% indicated they did The approval of Bitcoin ETFs and the Fed’s rate cut…