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Embattled FTX founder Sam Bankman-Fried has been arrested in the Bahamas Monday evening after federal prosecutors in Manhattan filed criminal charges, setting the stage for extradition to the U.S.
JPMorgan Chase CEO Jamie Dimon ridiculed cryptos as a “complete sideshow” that are useless as “pet rocks” while bashing regulators for beating up on big banks instead of focusing on the growing crypto industry.
Cryptocurrency industry is looking to gain mainstream legitimacy — marking a new milestone for the ever-growing digital asset community with several companies flooding Super Bowl LVI with commercials to prove their high-profile merits to a mass audience that many still don’t understand the risky ventures.
President Biden is gearing up to issue an executive action to develop an initial government-wide strategy for digital assets within a matter of days that will put the White House at the central role in dealing with efforts to regulate the $2 trillion booming sector.
Former first lady Melania Trump announced the launch of her own collection of NFT (Non-Fungible Token) platform, which a significant portion of the proceeds sales going to support children aging out of the foster care system, becoming the latest high-profile figure embracing the hot NFT craze.
Florida Governor Ron DeSantis (R) is proposing a pilot program that would allow businesses to pay state fees in cryptocurrency, utilizing his budget proposal to make the Sunshine State a more friendly state toward the evolving digital currency.
