PayPal completed its first business payment using its proprietary stablecoin as a way to demonstrate how digital currencies can be used to improve often-clunky commercial transactions. PayPal paid an invoice to Ernst & Young LLP on Sept. 23 using PYUSD, the stablecoin the firm launched last year, relying on an Read more…
The government of Bhutan is currently holding over $828 million in bitcoin. Unlike most governments, Bhutan’s BTC does not come from law enforcement asset seizures, but from bitcoin mining operations, which have ramped up dramatically since early 2023. Crypto intelligence firm Arkham highlighted the Kingdom of Bhutan’s bitcoin holdings on Read more…
Eric and Donald Trump Jr., the sons of former president Donald Trump, have pledged to “make finance great again” with a new family-run crypto endeavor called World Liberty Financial. Introduced in a meandering livestream on X Monday, the Trump family and their associates described World Liberty Financial as a crypto Read more…
Americans lost over $5.6 billion to cryptocurrency fraud schemes in 2023, with investment fraud accounting for the majority of losses, according to the FBI (PDF). The Associated Press reports: The FBI received nearly 70,000 complaints in 2023 by victims of financial fraud involving bitcoin, ether and other cryptocurrencies, according to Read more…
To make America the “crypto capital of the planet,” former U.S. President Donald Trump promised crypto-friendly policies, writes Politico, which “could have a new beneficiary: his own family.” Trump has vowed to enact an array of pro-crypto policies in a bid to win votes — and campaign cash — from Read more…
Former President Donald Trump is about to launch a crypto platform called “The DeFiant Ones,” according to a post of his on Truth Social. “For too long, the average American has been squeezed by the big banks and financial elites,” Trump wrote. “It’s time we take a stand — together.” Read more…
US presidential candidate, Robert F. Kennedy Jr., announced during his keynote Friday at the Bitcoin Conference that he would direct the US government to buy Bitcoin until the size of its Bitcoin reserves matched its gold reserves. At current prices, that equates to $615 billion worth of gold. RFK Jr. Read more…