Category: Bitcoin (Currency)

MrBeast Is Getting Into Financial Services With His Step App. Parents, Pay Attention.

The New York Times – Business:
Beast Industries has acquired a banklike app for young people and could eventually offer a variety of financial services, including crypto.
He Hopes to Turn the Island of Nevis Into a Libertarian Paradise, With Crypto

The New York Times – Business:
A Bitcoin baron wants to build a libertarian paradise on the island of Nevis. Democracy is getting in the way.
Binance Pledged to Crack Down on Crime. Its Employees Found Potential Violations.

The New York Times – Business:
Internal Binance investigators traced $1.7 billion that flowed from accounts on the exchange to entities linked to Iran, according to company records and other documents.
How Crypto’s Lobbying Muscle May Save the Clarity Act

The New York Times – Business:
A market rout may have decimated the crypto industry. But its machine in Washington may power proposed regulation past concerned Democrats.
Michael Saylor’s Creative Bitcoin Strategy Isn’t Working

Michael Saylor’s financial alchemy thrust an ordinary software company, Strategy, into the center of the crypto frenzy. It all worked spectacularly, until now.
Coinbase and the Crypto Revolt Against a Crypto Bill

Legislation to establish a regulatory framework for digital tokens has been thrown into turmoil — by one of its biggest champions.
Crypto for Christmas? Gen Z-ers Are Cautiously Open to the Idea.

Despite recent volatility in the crypto market, younger generations are still open to receiving digital currencies as gifts.
What Trump’s Embrace of Crypto Has Unleashed

A boundary-pushing array of new crypto ventures have reached the stock market, enticing investors and leading to more risk taking.
Markets Defy the White House

Volatility has returned to stocks and crypto trading, despite assurances from a top administration official, as investors brace for more data on consumers.
Why Crypto’s Slide Is Rattling Wall Street

Bitcoin and other digital tokens have lost more than $1 trillion in value in recent weeks, raising concerns about a wider market fallout.
The Fed, Crypto and A.I. Weigh on the Markets

Growing jitters over the Federal Reserve, crypto and the future of the artificial intelligence boom have helped drive a global sell-off.
The Crypto Industry’s $28 Billion in ‘Dirty Money’

As President Trump has championed crypto and the industry has gone mainstream, funds from scammers and other criminal groups have flowed onto major crypto exchanges.