Day: December 17, 2024

All about the new $10T crypto market cap

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Share this article The crypto market has exploded recently, going from a niche for speculation into a global financial colossus. The market is already being capitalized with trillions of dollars, which are already measured by technological advancement, institutional participation, and global adoption.  The market cap size is expected to be as much as $10 trillion. The analysts claim this is a new chapter in digital assets’ evolution. Beyond monetary growth, this represents more than that: the integration of cryptocurrencies in mainstream finance and how they’re shaping up to change how…

Trump meets with Crypto.com CEO to discuss Bitcoin reserve and crypto appointments

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Key Takeaways Kris Marszalek of Crypto.com met with Donald Trump to discuss potential crypto appointments and Bitcoin reserve matters. Trump’s administration has appointed several crypto advocates to key financial positions. Share this article President-elect Donald Trump met with Crypto.com CEO Kris Marszalek at his Mar-a-Lago estate in Florida on Monday to discuss appointments related to the crypto industry and Bitcoin reserves, according to a new report from Bloomberg, citing a source familiar with the conversation. The meeting covered potential appointments in the financial departments, Congress and the incoming administration, the…

Tether invests in StablR to boost stablecoin adoption in Europe

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Key Takeaways Tether invests in StablR to enhance the adoption of stablecoins in Europe. StablR utilizes Tether’s Hadron platform for asset tokenization and regulatory compliance. Share this article Tether has invested in StablR, a European stablecoin provider, to accelerate stablecoin adoption across Europe, according to a Dec. 17 statement. The investment comes as the deadline for full implementation of the EU’s Markets in Crypto-Assets (MiCA) regulation approaches. StablR has recently secured an Electronic Money Institution (EMI) License in Malta, which allows the company to issue EURR, a MiCA-compliant stablecoin. As…