On Sunday, President Donald Trump posted on his Truth Social media account that U.S. Treasury Secretary Scott Bessent had been directed to stop producing the
Category: CURRENCIES
The ECB proposes the digital euro as a counter to Trump’s quest for crypto.
Piero Cipollone, a member of the European Central Bank board, stated on Friday that eurozone banks require a digital euro to react to U.S. President
Investors embrace safe-haven currencies, as the Kremlin lowers the nuclear threshold.
Investors flocked to safe-haven currencies, such as the yen, Swiss franc, and US dollar, following a warning from Russia about its revised nuclear strategy. President
Bitcoin hits $80,000 for the first time on victory of Trump 2.0
Following Donald Trump’s resounding victory in the U.S. presidential election earlier in the week, Bitcoin hit a record $80,000 earlier in the session and was
FTX to use $16.5b in assets to repay 98% of customers in a model case of Chapter11 bankruptcy.
On Monday, the court approved FTX’s bankruptcy plan, enabling it to use the $16.5 billion in assets it has collected since the fall of the
Americans duped $5.6b last year in cryptocurrency fraud schemes. – FBI
In a report released on Monday, the FBI stated that fraudulent schemes employing bitcoin defrauded Americans of over $5.6 billion last year, a 45% increase
US SEC sues crypto start-up firm over alleged $1b global pyramid scheme fraud.
The cryptocurrency startup NovaTech and its married co-founders were sued by the U.S. Securities and Exchange Commission on Monday. According to the commission, the pair
German police impound $103m fake US currency from Turkey destined for America.
German officials reported on Friday that they had found fake US dollar bills worth over $103 million. The bills appeared to have originated in Turkey
Swiss National Bank sold FX worth $150b to support the franc against imported inflation.
The Swiss National Bank announced on Tuesday that it had sold foreign currency in 2023 for a total of 132.9 billion Swiss francs ($149.51 billion),
The U.S. SEC says approval, not endorsement as bitcoin ETFs trading volume hit $4.6b on the first day.
Investors flocked to the historic products permitted by the U.S. securities regulator on Wednesday, and as of Thursday afternoon, $4.6 billion worth of shares traded
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