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Trump has pardoned Arthur Hayes, Benjamin Delo, and Samuel Reed, wiping out their federal convictions tied to operating BitMEX without any real anti-money-laundering compliance, according to CNBC.
The digital asset market has shown signs of a rebound in the last seven days, although headwinds still limit the recovery. The recent downturn crashed crypto prices and left lingering effects on new holders.
The chief executive of financial advisory giant deVere Group says that the adoption of one particular asset class will increase demand for both Bitcoin (BTC) and Ethereum (ETH).
The outlook for Ripple's XRP is both positive and negative, with analysts highlighting bullish and bearish patterns. According to prominent, self-proclaimed market wizard Peter Brandt, a head-and-shoulders pattern has formed on the XRP daily chart.
Bitcoin Magazine FDIC Says Banks Can Engage In Bitcoin And Crypto Without Prior Approval The FDIC issues new guidance allowing banks it oversees to engage in crypto services without seeking pre-approval. This reverses strict policies imposed under the Biden administration. This post FDIC Says Banks Can Engage In Bitcoin And Crypto Without Prior Approval first appeared on Bitcoin Magazine and is written by Vivek Sen Bitcoin.
Jurrien Timmer, director of global macro at Fidelity Investments, has stated that it is "possible" for Bitcoin to overtake gold. However, he does not expect this to occur anytime soon.
The Federal Deposit Insurance Corporation (FDIC) provided new guidance Friday (March 28) saying that FDIC-supervised institutions can engage in crypto-related activities without receiving prior FDIC approval, provided they adequately manage the associated risks.
United States President Donald Trump has granted BitMEX co-founder Arthur Hayes a full pardon. The unexpected Presidential pardon was also extended to Samuel Reed and Benjamin Delo, who pleaded guilty to violating the Bank Secrecy Act (BSA).
BitMEX founders Arthur Hayes, Benjamin Delo, and Samuel Reed have been pardoned by President Trump, according to a report.
With over $208B in stablecoins circulating and $4T in annual transactions, the stablecoin market is expanding as US regulation, tokenized Treasuries, and institutional support accelerate adoption. The post How the US Is Driving Growth of the Billion-Dollar Stablecoin Market appeared first on Cryptonews.
In an interview with David Gokhshtein, Cardano founder Charles Hoskinson shed light on his deep ties to the US government under President Donald Trump. Throughout the discussion, Hoskinson revealed ongoing legislative engagements, potential blockchain collaborations, and insights into how Cardano might serve large-scale systems like national elections.
French public investment bank Bpifrance announced plans to accelerate its digital asset investment strategy, committing up to €25 million to support French blockchain companies through direct investments in crypto tokens. The move marks a rare foray by a sovereign-backed fund into decentralized financial markets and highlights France's ambitions to lead in emerging technologies.
Bitcoin Magazine Bitcoin Covenants: CHECKTEMPLATEVERIFY (BIP 119) The first article in the Covenant series, examining the CHECKTEMPLATEVERIFY (CTV) proposal from Jeremy Rubin. This post Bitcoin Covenants: CHECKTEMPLATEVERIFY (BIP 119) first appeared on Bitcoin Magazine and is written by Shinobi.
Institutional investments have been surging significantly over the last year. The increased interest from top players have resulted in significant altercations within the sector.
Former President Donald Trump has pardoned BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed. The three had previously pleaded guilty to federal charges related to money laundering and regulatory violations, according to CNBC reporting.
Curve DAO (CRV), Bonk (BONK) and Pyth Network (PYTH) were among top losers as the cryptocurrency market witnessed sharp volatility on Friday, March 28. The altcoins saw sharp declines as Bitcoin (BTC) fell below $84k amid CME gap trades. Cryptocurrencies were also tracking downside action amid broader jitters across the risk assets market.
Barely a week after hinting at launching an algorithmic USD stablecoin, Sonic Labs is shuttering its plans. Sonic Labs co-founder Andre Cronje revealed that incoming stablecoin regulation in the US contributes to the change of stance.
Cardano (ADA), currently priced at $0.71, has long been a staple in the crypto market, boasting a history of steady development and major price surges. However, a rising competitor priced at just $0.025 is now capturing investor attention with bold projections of a 13,320% rally.
US President Donald Trump has reportedly issued pardons for three of the co-founders of the cryptocurrency exchange BitMEX who had pleaded guilty to felony charges.According to a March 28 CNBC report, Trump granted pardons to Arthur Hayes, Benjamin Delo and Samuel Reed, who were facing a range of criminal charges related to money laundering or violations of the Bank Secrecy Act. Hayes and Delo pleaded guilty in February 2022, admitting they “willfully fail[ed] to establish, implement and maintain an Anti-Money Laundering program” at BitMEX, while Reed entered a plea a few weeks later.
US President Donald Trump reportedly issued pardons to three co-founders of the cryptocurrency exchange BitMEX, who had pleaded guilty to felony charges.According to a March 28 CNBC report, Trump granted pardons to Arthur Hayes, Benjamin Delo and Samuel Reed, who were facing a range of criminal charges related to money laundering or violations of the Bank Secrecy Act. Hayes and Delo pleaded guilty in February 2022, admitting they “willfully fail[ed] to establish, implement and maintain an Anti-Money Laundering program” at BitMEX, while Reed entered a plea a few weeks later.
Co-founders Arthur Hayes, Benjamin Delo and Samuel Reed previously pled guilty to a range of federal criminal charges.
On today's show, bitcoin and ether fall to end the week amid uncertainty over tariffs and a grim inflation outlook. Plus, Crypto.com CEO Kris Marszalek said that the SEC is closing its investigation into the crypto exchange, while Galaxy Digital agreed to pay $200 million in a settlement with the New York Attorney General's office over Luna investments.
Ether (ETH) price fell 9.3% between March 26 and March 28, testing the $1,860 level for the first time in two weeks. This correction led to over $114 million in liquidations of leveraged ETH futures and caused the premium relative to the regular spot market to drop to its lowest level in over a year.
The regulator quietly dismissed enforcement actions against Kraken, Consensys, and Cumberland on Thursday. SEC Softens Stance, Dismisses Three Prominent Crypto Cases Ohio Republican Senator Bernardo Moreno, on Thursday called former U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, “one of the stupidest people in government.
