World Liberty Financial, a cryptocurrency venture established by Donald Trump and his sons, plans to launch a stablecoin called USD1. This stablecoin will be entirely backed by U.S. treasuries, dollars, and cash equivalents, aiming to provide a reliable digital asset for cross-border transactions by sovereign investors and major institutions.
The Federal Deposit Insurance Corporation (FDIC) announced that banks no longer need prior approval to engage in cryptocurrency-related activities, such as holding digital assets or partnering with crypto companies. This marks a significant policy reversal from the cautionary stance adopted two years ago under the Trump administration. FDIC acting chairman,
Wyoming has commenced testing its state-backed stablecoin, WYST, across multiple blockchain platforms, including Avalanche, Solana, Ethereum, Arbitrum, Optimism, Polygon, and Base. This initiative positions Wyoming as one of the first U.S. states to launch a government-backed stablecoin, aiming to provide a secure and regulated digital asset for its residents.
Senator Elizabeth Warren and four other Democrats have expressed apprehension regarding potential conflicts of interest that U.S. financial regulators might face in overseeing a cryptocurrency initiative led by President Trump and his family. In a letter to the Federal Reserve and the Office of the Comptroller of the Currency,
Paul Atkins, President Donald Trump's nominee for Chair of the Securities and Exchange Commission (SEC), emphasized a pro-cryptocurrency stance during his Senate banking panel confirmation hearing. Atkins criticized aspects of former SEC chair Gary Gensler's tenure and declared digital assets a top priority. He advocated for
A recent analysis highlights the top AI cryptocurrencies poised for significant growth. These tokens showcase diverse use cases, from decentralized computing to metaverse applications. As the demand for AI-driven blockchain solutions rises, these projects offer substantial growth potential for investors. Heading into 2025, these tokens are worth watching for their
Franklin Templeton, one of the world’s largest asset management firms, has filed with the U.S. Securities and Exchange Commission (SEC) to launch a Solana-based exchange-traded fund (ETF), marking a significant step toward expanding institutional access to alternative cryptocurrencies beyond Bitcoin and Ethereum. * The ETF will be designed to
Paul Atkins, a former commissioner of the U.S. Securities and Exchange Commission (SEC) and a nominee for Chair of the agency, has voiced strong support for a pro-cryptocurrency regulatory framework during his Senate confirmation hearing. Atkins' stance reflects a growing shift among U.S. policymakers toward creating clearer
Fidelity Investments, one of the largest asset management firms in the world, is testing the possibility of launching its own dollar-pegged stablecoin. This move reflects the growing interest among traditional financial institutions in entering the cryptocurrency market and offering blockchain-based financial products. * Fidelity's stablecoin would be pegged to
Artificial intelligence (AI) agents are increasingly playing a pivotal role in transforming the cryptocurrency and blockchain sectors. By combining machine learning, natural language processing (NLP), and automated decision-making capabilities, AI agents are enhancing market efficiency and driving innovation in blockchain-based financial ecosystems. Key Ways AI Agents Are Impacting Crypto and
SingularityNET, a leading player in artificial intelligence (AI) development, has announced a strategic partnership with ATMTA, the developer behind the popular Web3 space exploration game Star Atlas. The collaboration aims to integrate advanced AI agents into the Star Atlas ecosystem, enhancing player engagement and introducing a new level of interactivity
During the Nvidia GTC 2025 conference, CEO Jensen Huang outlined a bold vision where companies across industries will transform into "AI factories." According to Huang, businesses will increasingly focus on generating and processing AI tokens—numerical representations of data that serve as essential inputs for artificial intelligence models.