{ }
Michael Saylor, co-founder of MicroStrategy, has introduced a comprehensive framework to integrate Bitcoin and digital assets into the US economy, aiming to position the country as a leader in the digital economy. He argues that a clear digital asset policy could strengthen the US dollar, mitigate national debt, and empower businesses, while proposing a regulatory approach that fosters innovation and efficiency. Saylor envisions a significant expansion of digital markets, projecting that the US could generate trillions in wealth and establish the dollar as the global reserve digital currency.
At the Harmony Meetup VI, industry leaders emphasized the critical role of regulation in driving blockchain adoption and scalability. Speakers highlighted how regulatory clarity, such as the introduction of Bitcoin ETFs, fosters trust and liquidity, enabling broader participation from both retail and institutional investors. Collaboration between regulators and the tech community was deemed essential for developing innovative use cases and ensuring a secure framework for Web3 technologies.
World Liberty Finance has made a significant move by purchasing $2.5 million in Ethereum, acquiring 722.213 ETH and raising its total holdings to 15,595 ETH, valued at approximately $53.61 million. This strategic investment reflects the project's growing focus on Ethereum amid increasing institutional interest and the anticipated regulatory clarity under Donald Trump's leadership in 2025. As the cryptocurrency market remains volatile, this acquisition may bolster Ethereum's adoption and long-term value.
Decentralized exchanges (DEXs) are gaining traction, with trading volumes surpassing $250 billion in early 2024, driven by a shift towards autonomy and transparency. As DEXs evolve, they face challenges like liquidity management and governance complexities, particularly with the rise of DAOs competing for influence. Looking ahead to 2025, the integration of AI in trading strategies is expected to enhance market dynamics, addressing issues such as slippage and price manipulation.
The UK's Financial Conduct Authority (FCA) has launched a public consultation aimed at establishing clear crypto regulations to combat fraud and market abuse, with draft regulations expected by 2025 and full implementation by 2026. In the evolving crypto landscape, Plus Wallet offers top-tier security and multi-chain compatibility, allowing users to manage assets seamlessly across various blockchains. Meanwhile, MetaMask has introduced its MetaMask Card in Brazil, Mexico, and Colombia, facilitating easy crypto payments integrated with Mastercard, Apple Pay, and Google Pay.
The UK Financial Conduct Authority (FCA) has launched a public consultation on crypto regulations, focusing on fraud and market abuse, with new regulations expected by 2025. Meanwhile, MetaMask has introduced its MetaMask Card in Brazil, Mexico, and Colombia, allowing seamless crypto transactions through Mastercard integration. Plus Wallet stands out for its robust security features and multi-chain support, catering to both new and experienced users while ensuring asset protection and flexibility.
Michael Saylor has unveiled a framework aimed at integrating digital assets into the US financial system, advocating for regulatory clarity and governance standards to boost institutional investment. The plan envisions expanding digital currency markets significantly and proposes a strategic Bitcoin reserve to potentially generate trillions in wealth, thereby strengthening the US dollar and addressing national debt. Meanwhile, MicroStrategy continues to increase its Bitcoin holdings, now totaling 439,000 BTC, reinforcing its belief in Bitcoin as a store of value.
Groupe BPCE has received regulatory approval for its cryptocurrency subsidiary, Hexarq, allowing it to offer crypto services to its 35 million customers starting in 2025. This PSAN registration enables services like custody and trading of digital assets under French law, marking a cautious yet strategic entry into the crypto market.While Hexarq focuses on retail services, BPCE's investment banking division, Natixis, is advancing blockchain initiatives, including a €100 million bond issuance. The bank emphasizes that the 2025 launch is contingent on ongoing risk assessments.
Coinbase has withdrawn support for Wrapped Bitcoin (wBTC) as Bitcoin's price drops below $100,000, citing that wBTC no longer meets its listing standards. The decision follows concerns over Justin Sun's involvement with wBTC, which Coinbase deemed an "unacceptable risk." Users can still access and withdraw their wBTC funds, but trading services have been disabled.
Over the past three years, around 120 crypto hedge funds, representing 75% of those surveyed, have faced significant banking challenges, including relationship terminations and vague explanations from banks. This situation has fueled discussions about "Operation Chokepoint 2.0," an alleged initiative by the Biden administration to restrict banking access for the crypto industry. While affected funds eventually found banking partners, they often turned to smaller, regional institutions.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.