David Bailey, a crypto advisor to Donald Trump, has secured $300 million for his new Bitcoin investment firm, Nakamoto. This article explores Nakamoto’s strategy, key investors, and the growing trend of institutional Bitcoin adoption.
Tag: Bitcoin Regulation
US Banks Authorized to Handle Customer Crypto Assets: OCC Confirms
The U.S. Office of the Comptroller of the Currency (OCC) has clarified that national banks and federal savings associations can provide cryptocurrency custody services, including buying and selling crypto on behalf of their customers. This move signals a potential shift towards greater integration of crypto within traditional banking frameworks.
Crypto News Today: Ethereum’s Pectra Upgrade, Trump’s Crypto Scrutiny, and New Hampshire’s Bitcoin Move
Stay updated on the latest crypto news: Ethereum’s Pectra upgrade is live, US Democrats target Trump’s crypto ventures, and New Hampshire approves state crypto investments.
Strive Asset Management to Become Bitcoin Treasury Company: A Deep Dive
Strive Asset Management, founded by Vivek Ramaswamy, plans to transition into a Bitcoin treasury company through a reverse merger with Asset Entities, aiming to accumulate BTC using public equity markets.
21Shares Launches Cronos (CRO) ETP in Europe: A Comprehensive Guide
21Shares introduces a new Exchange Traded Product (ETP) offering European investors exposure to Crypto.com’s Cronos (CRO) token. Explore the ETP’s features, the Cronos network’s capabilities, and the broader landscape of altcoin ETFs.
Democrats Target Trump’s Crypto Profits with Legislative and Investigative Actions
US Democrat lawmakers are employing a three-pronged strategy, including the MEME Act and a subcommittee inquiry, to curb President Donald Trump’s ability to profit from cryptocurrency ventures.
Real-World Asset Tokenization: OKX Exec Urges Utility Over Hype in Booming UAE Market
OKX MENA CEO Rifad Mahasneh emphasizes the importance of real-world utility in RWA tokenization as the UAE sees increasing activity and regulatory advancements in the crypto space.
VanEck Files for First-Ever BNB ETF in the US: A Comprehensive Overview
VanEck has filed with US regulators to launch a BNB ETF, marking the first such filing in the US. This article explores the details of the ETF, its potential impact, and the broader context of crypto ETFs.
OpenAI Abandons For-Profit Plans, Recommits to Nonprofit Status
OpenAI reverses course, reaffirming its commitment to its nonprofit mission and abandoning plans to convert to a for-profit model. Explore the reasons behind this decision, Elon Musk’s lawsuit, and OpenAI’s future revenue projections.
Pro-Crypto Democrats Withdraw Support for Stablecoin Bill: Implications and Key Concerns
A group of pro-crypto Democrats in the US Senate have retracted their support for a Republican-backed stablecoin bill, citing unresolved issues related to Anti-Money Laundering (AML), national security, and accountability. Here’s a breakdown of the situation and its potential impact.