New FASB rules allow for corporate bitcoin owners to mark those assets to market.
Under pressure this week, the price of bitcoin dipped to $101,800 in the moments following the decision.
Vlad Tenev joined BlackRock CEO Larry Fink in calling for clear regulations for tokenized securities in the U.S.
Opened last October by ex-Valkyrie founder and CEO Steven McClurg, Canary quickly filed back-to-back applications for four crypto-related exchange-traded funds (ETF).
Howard Lutnick, President Trump’s pick to run the Department of Commerce, is probed by the senator on the Tether connection of his firm, Cantor Fitzgerald.
The move comes after another activist investor, Starboard, had taken a stake in the miner late last year.
The crypto PAC’s largesse in Florida special elections — replacing people Trump tapped for his administration, including Matt Gaetz — led to two more victories.
A “near perfect” instrument is how Bitwise’s Jeff Park described the new offering.
Truth.Fi is the latest endeavor of Donald Trump-affiliated companies into the digital asset space after World Liberty Financial and launching an “official” memecoin.
Existing investor Alven led the round and featured participation from new backers 1kx and Ledger Cathay Capital.
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