Coinbase CEO Brian Armstrong believes forthcoming US stablecoin regulations could require issuers to back their dollar-denominated tokens entirely with US Treasury bills — a move that could make it harder for offshore companies to serve the American market. In an interview with The Wall Street Journal at the World Economic Forum in Davos, Switzerland, Armstrong said he…

The US Securities and Exchange Commission has taken its first step toward crypto regulatory clarity following former Chair Gary Gensler’s departure on Jan. 20. According to a Jan. 21 announcement, the agency is creating a crypto task force dedicated to developing a framework for digital assets. The task force will be led by Commissioner Hester Peirce,…

Circle CEO Jeremy Allaire believes US President Donald Trump could soon sign an executive order making it easier for banks to own digital assets. In an interview with the Reuters Global Markets Forum at the World Economic Forum’s annual meeting in Davos, Switzerland, Allaire said he expects President Trump’s pro-crypto orders to be issued “imminently,” but he…

As Ethereum community members call for the Ethereum Foundation to stake its Ether and earn interest to cover the organization’s expenses instead of selling its tokens, Ethereum co-founder Vitalik Buterin said the foundation is exploring ways to minimize its staking concerns. On Jan. 20, Josh Stark, who works at the Ethereum Foundation, explained that the organization…

The Trump family’s newly-launched tokens may usher in a wave of retail investor adoption for high-risk digital assets such as memecoins and smaller cryptocurrencies. Trump’s advisory team launched the Official Trump (TRUMP) memecoin on Jan. 18 and the Official Melania (MELANIA) token on Jan. 19 on the Solana network, ahead of US President-elect Donald Trump’s presidential inauguration on Jan….

Crypto market liquidations over the last 24 hours have reached over $1 billion as Bitcoin briefly fell back below $100,000 after reaching near its all-time high. CoinGlass shows that in the past day, $1.18 billion has been liquidated from nearly 406,000 traders, split between around $921 million in long liquidations and $260 million in short liquidations. Ether…