Browsing: Crypto Business

This week brought a legal challenge to the federal chartering route used by crypto businesses, new U.S. sanctions targeting a network that uses digital assets, and renewed congressional scrutiny of Tether. In Europe, regulators proposed expanding MiCA’s reach, while the United Kingdom opened its crypto authorization application window.

Bitcoin (CRYPTO: $BTC) and other cryptocurrencies rose to start October. On Oct. 2, Bitcoin got as high as $86,500 U.S. Other digital assets such as Ethereum (CRYPTO: $ETH) and Solana (CRYPTO: $SOL) also rose to begin what is typically the strongest month of the year for crypto.

In a move that Sen. Elizabeth Warren has decried as a “clear conflict of interest and corruption,” one of the Trump family’s most lucrative businesses is on its way to becoming a bank. And it’s set to be regulated by a government entity whose leader was appointed by, you guessed it, President Donald Trump.

Entrepreneurs may be able to build products faster with artificial intelligence, but Michael Saylor argues that raising money must become easier too. In a Sept. 26 essay on financing new companies, the executive chairman of Strategy Inc. (Nasdaq: MSTR), a company known for its bitcoin treasury, called for rules that could help 10 million new…