Global #crypto industry

In a recent assessment of the current economic landscape, J.P. Morgan Asset Management CEO and Chief Global Strategist David Kelly expressed concerns about potential economic challenges ahead, citing the lack of clarity surrounding the Trump administration's policy agenda. Kelly's comments come as markets displayed modest optimism, with the S&P 500 edging up 0.2% amid ongoing uncertainty about the direction of economic policy under the new administration.

Cryptocurrency exchange Crypto.com has been granted a license to operate under the European Union's new Markets in Crypto Assets (MiCA) regulations.

In a speech delivered Friday, FDIC Vice Chairman Michael J. Hsu stressed the need for clearer guidance on how banks should manage cryptocurrencies.

The IRS has introduced a new rule that will significantly impact the decentralized finance (DeFi) landscape.

In an unprecedented move, Ripple has pledged $5 million worth of XRP to support the inauguration celebrations of President-elect Donald Trump and Vice President-elect J.D. Vance.

In a move that is set to reshape how businesses handle their cryptocurrency holdings, the U.S. Financial Accounting Standards Board (FASB) has introduced an update to accounting rules, allowing companies to measure their Bitcoin holdings at current market prices.