Dubai’s crypto regulator said any virtual assets issued in the emirate must adhere to its regulations. Source link
Day: February 14, 2025
Tether acquires minority stake in Italian football club Juventus
Key Takeaways Tether has acquired a minority stake in Juventus Football Club, marking its first entry into professional sports ownership. The acquisition is part of Tether’s strategic diversification beyond its core stablecoin business, expanding into technologies like AI and biotech. Share this article Tether, the company behind the world’s largest stablecoin, USDT, said Friday the firm has taken a minority stake in Juventus Football Club S.p.A. (Juve), a renowned football club with a rich history of domestic and international success. The move marks Tether’s entry into professional sports ownership. The…
Crypto unicorn HashKey raises $30M from Chinese VC Gaorong Ventures
HashKey, a licensed crypto exchange in Hong Kong, secured a $30 million investment from China-based VC firm Gaorong Ventures at a $1.5 billion valuation. Source link
Analysts predict delayed altcoin season amid lack of retail traders
Some tokens saw price appreciation without increasing daily active wallets, indicating that altcoins are still in an early “speculative” phase of the cycle. Source link
BNB Chain flips Solana in daily fees, beats out all chains
In addition to beating Solana in daily fees for the first time since October 2024, BNB Chain is the first chain since Bitcoin to beat both Ethereum and Solana in daily fees. Source link
Elizabeth Warren calls Elon Musk ’bank robber’ for dismantling CFPB
Elizabeth Warren accuses Musk and Trump of dismantling the CFPB to gain financial control as crypto regulation debate also heats up. Source link
El Salvador’s president Nayib Bukele meets with Michael Saylor to discuss Bitcoin
Key Takeaways Nayib Bukele and Michael Saylor discussed Bitcoin at the presidential palace on Feb. 13. El Salvador’s recent legislative amendments make Bitcoin voluntary legal tender and prohibit its use for tax payments, aligning with IMF loan requirements. Share this article El Salvador President Nayib Bukele and Strategy founder Michael Saylor met at Casa Presidencial, the Presidential House of El Salvador, on Thursday to discuss Bitcoin, according to the country’s National Bitcoin Office (ONBTC). President Bukele met with Michael Saylor this afternoon at Casa Presidencial. Bitcoin was discussed. 🇸🇻🚀 pic.twitter.com/q0ycdnGg62…
Bybit removed from French regulator’s blacklist, eyes MiCA license
Bybit was removed from France’s AMF blacklist and now seeks a MiCA license for the EU, while still facing regulatory challenges in India and Malaysia. Source link
Can artificial intelligence prevent the next financial crisis?
While AI can enhance financial forecasting and decision-making, its ability to prevent the next financial crisis remains uncertain due to complexities like unpredictable events. Source link
Solana bridges reach $10.1B all-time inbound volume
Solana bridge volumes surged from November 2024 to January 2025, with billions flowing into the network. Source link