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U.S. Senator Elizabeth Warren has issued a stark warning over President Donald Trump’s renewed push to remove Federal Reserve Chair Jerome Powell, calling the move a potential catalyst for financial turmoil and a threat to democratic norms. Speaking on CNBC, the Massachusetts senator argued that the president lacks the legal authority to unilaterally dismiss the
Market News
Charles Schwab CEO Rick Wurster has revealed the firm is aiming to roll out spot Bitcoin trading services for its clients by April 2026, signaling a major step forward in the company’s cautious but calculated move into digital assets. In comments reported by RIABiz, Wurster pointed to a dramatic 400% increase in visits to Schwab’s
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A Brazilian court has sentenced three individuals to a combined 171 years in prison for orchestrating one of the country’s largest cryptocurrency scams. Operating under the name Braiscompany, the fraudulent investment platform promised outsized returns on Bitcoin deposits and defrauded thousands of investors out of an estimated $190 million. According to court records, Joel Ferreira
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Oregon Attorney General Dan Rayfield has reignited legal tensions with Coinbase, filing a new lawsuit that accuses the crypto exchange of violating state securities laws. The action comes just months after the U.S. Securities and Exchange Commission (SEC) dropped its federal case against the company. Mirroring many of the SEC’s earlier claims, the state-level complaint
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Global grocery retailer Spar has embraced cryptocurrency at the retail level, enabling customers at one of its stores in Zug, Switzerland, to pay using Bitcoin via the Lightning Network. This development marks another step toward practical crypto adoption in one of Europe’s most blockchain-forward regions. The announcement was confirmed on April 17 by DFX Swiss,
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Slovenia’s Ministry of Finance has proposed a new law that would impose a 25% capital gains tax on cryptocurrency transactions—marking one of the country’s most significant regulatory moves in the digital asset space to date. The draft legislation, now under public consultation, targets profits made when crypto is converted to fiat or used for goods
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As global markets track escalating trade tensions, President Donald Trump expressed confidence Thursday that the U.S. could soon reach a new trade agreement with China. Speaking from Washington, Trump struck a hopeful tone despite ongoing friction. “We’re going to make a deal. I think we’re going to make a very good deal with China,” Trump
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Hong Kong’s Securities and Futures Commission (SFC) has taken a major step toward institutionalizing blockchain finance, approving staking services for virtual asset ETFs—making it the first jurisdiction in Asia-Pacific to do so. Just over a week after the SFC revamped its virtual asset framework, China Asset Management (ChinaAMC) announced plans to launch a staking-enabled Ethereum
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Solana’s decentralized exchange giant, Raydium, has officially launched LaunchLab—a new native token launchpad aimed at creators seeking greater control and flexibility. The rollout follows a strategic shift: Pump.fun, previously a major contributor to Raydium’s volume, cut ties last month by launching its own decentralized exchange. With LaunchLab, Raydium is moving swiftly to fill the gap
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Federal Reserve Chair Jerome Powell has suggested that the central bank may ease its stance on crypto-related banking regulations, citing a more mature and mainstream crypto landscape. Speaking at the Economic Club of Chicago on Wednesday, Powell acknowledged that previous guidance issued by the Fed and other regulators took a highly cautious tone, shaped by
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South Korean presidential candidate Hong Joon-pyo is pledging to usher in a new era of pro-crypto policy and tech innovation, vowing to mirror Donald Trump’s deregulatory approach as he campaigns for the nation’s top office. Speaking at a policy forum in Seoul on Wednesday, the People Power Party candidate called for an overhaul of South
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World Liberty Financial (WLFI), a politically connected crypto protocol with ties to the Trump family, has secured a $25 million investment from DWF Labs, one of the industry’s most active market makers. The funding will support the development of WLFI’s dollar-pegged stablecoin, USD1, and fuel its wider DeFi infrastructure rollout. The announcement coincides with DWF
