Morocco to Regulate Cryptocurrency and Digital Currency
Morocco plans to legalize cryptocurrencies, drafting a regulatory framework and exploring a central bank digital currency to enhance financial inclusion.
Trump Unveils Tariffs to Combat Drug Trafficking and Immigration
President-Elect Trump announces 25% tariffs on imports from Canada and Mexico, alongside a 10% tariff on China, aimed at curbing drug trafficking and illegal immigration.
WisdomTree Files for XRP ETF in Delaware
WisdomTree has filed for an XRP ETF in Delaware, joining a trend of asset managers diversifying crypto offerings amid potential regulatory changes.
MicroStrategy Acquires 55,500 BTC for $5.4 Billion
MicroStrategy enhances its Bitcoin strategy, acquiring 55,500 BTC for $5.4 billion, raising total holdings to 386,700 BTC valued at $21.9 billion.
Largest Hong Kong Digital Bank Enables Crypto Trading
ZA Bank in Hong Kong launches direct Bitcoin and Ethereum trading for retail users, enhancing access to digital assets.
Cantor Fitzgerald Invests $600 Million in Tether Stake
Cantor Fitzgerald has secured a 5% stake in Tether, valued at $600 million, amidst CEO Lutnick's new role as Commerce Secretary.
Trump Nominates Pro-Crypto Hedge Fund Manager Scott Bessent
Donald Trump has nominated pro-crypto hedge fund manager Scott Bessent as Treasury Secretary, signaling potential pro-crypto policies and fiscal changes ahead.
Federal Reserve Warns: U.S. Fiscal Sustainability is Key Financial Risk
The Federal Reserve highlights U.S. fiscal sustainability risks, inflation stabilization, and potential interest rate adjustments in its latest Financial Stability Report.
US Dollar Strong Even With Bitcoin Approaching $100,000
The US Dollar remains strong amid mixed economic signals, while Bitcoin nears the crucial $100,000 milestone, showcasing significant bullish momentum.
Consumer Sentiment Drops to 71.8 Amid Mixed Economic Signals
Consumer sentiment in November dropped to 71.8, below estimates, while manufacturing optimism surged amid mixed labor market trends and inflation expectations.