The cryptocurrency exchange Coinbase said on Friday that the Securities and Exchange Commission had agreed to drop its lawsuit against the company, lifting a legal cloud over the global crypto industry and signaling a broader retreat by federal regulators. Coinbase, in a post on its website and in a regulatory filing, said it had reached … Read more
Argentina’s libertarian president, Javier Milei, has caused a political firestorm by promoting an unknown cryptocurrency token that shot up in value after his endorsement and then swiftly cratered. In a post on social media on Friday night, Mr. Milei said that the coin, called $LIBRA, would stimulate the economy and help small businesses grow. While … Read more
The Trump family’s new crypto token surged in just two days to become one of the most valuable forms of digital currency in the world, creating the potential for a multibillion-dollar payout to the family but also generating a storm of questions about the conflicts of interest the new venture creates. President-elect Donald J. Trump … Read more