According to Galaxy Digital's financial report, the company plans to reduce bitcoin mining production in the coming quarters and transform its data center in Texas into an AI and high-performance computing (HPC) facility. This transformation is based on a 15-year escrow agreement with CoreWeave.
According to the Hong Kong Stock Exchange documents, the Hong Kong-listed company BTC Universe announced the completion of the placement of new shares under the general mandate, and the conditions set out in the placement agreement were reached on March 26. A total of 36,504,000 placement shares were sold to not less than six placements at HK $0.41 per placement share. The net proceeds from the placement were approximately HK $14.60 million, which will be used to apply for the relevant licenses ...
In a new interview with Crypto In America, White House digital asset policy advisor Bo Hines said that the Trump administration will explore innovative ways to fund the Strategic Bitcoin Reserve (SBR) to ensure that it does not increase the burden on American taxpayers, while the United States can use the profits generated by its gold reserves to fund its strategic bitcoin reserves. However, analysts believe that Bo Hines' rhetoric is aimed at reassuring Americans, as a recent survey revealed th...
The SEC's Crypto Asset Task Force will hold its first round table tomorrow at 1am Beijing time to discuss key areas of crypto asset regulation, including market structure, investor protection, token classification and compliance pathways. The meeting marks a new step for the SEC in crypto regulation, with the aim of promoting policy transparency and listening to industry opinions.
In an interview with CNBC's Squawk Box, Robert Mitchnick, head of digital assets at BlackRock, pointed out that the crypto industry has always promoted bitcoin as a risk asset, but in reality, bitcoin is a "global, scarce, non-sovereign, decentralized" token. Mitch...
Hong Kong-listed company Bit Universe announced that it has entered into a Placing Agreement with the Placing Agent, intending to place up to 40 million Placing Shares to not less than six Placers through the Placing Agent, each Placing Share is HK $0.41, a discount of about 19.61% from the closing price of HK $0.510 per share on the day, and the maximum net raise is HK $16 million. The company intends to use all the net proceeds from the Placing to apply for relevant licenses required to operat...
White House economic adviser Hassett: Quarter 1 GDP growth is expected to be between 2% and 2.5%.
On March 12, Founder Securities announced that the seventh meeting of the fifth board of directors of the company agreed to sign the "Equity Sale and Purchase Agreement on 85.01% Equity of Credit Suisse Securities (China) Co., Ltd." with UBS and Beijing State-owned Assets Company, and sold the 49% equity of Credit Suisse Securities held by the company to Beijing State-owned Assets Company for 885 million yuan. On March 12, 2025, Credit Suisse Securities received the "Approval on the Change of Ma...
The Cayman Islands has updated its cryptocurrency regulatory framework with new licensing rules set to come into effect on April 1, 2025. Under the Virtual Assets (Service Providers) (Amendment) Regulations 2025, all entities providing virtual asset custody and trading platform services are required to obtain a license from the Cayman Islands Monetary Authority (CIMA). Existing virtual asset service providers (VASPs) must submit a license application within 90 days of the effective date. As part...
Senator Elizabeth Warren has written to cryptocurrency czar David Sachs asking "how he will prevent the president and other private individuals from directly profiting from the Trump administration's efforts to selectively inflate the value of certain cryptoassets."
On March 9, well-known crypto analyst Miles Deutscher posted on the X platform that the net asset premium ratio of Strategy (MSTR) rebounded by 23% from its low point last week. This indicator measures the premium level of MSTR's market value relative to its holdings of bitcoin assets. A higher premium means that Strategy can raise more funds to buy bitcoin. Miles Deutscher said that Saylor may be preparing for another large-scale bitcoin purchase next week.
On March 9, according to News.bitcoin, Bahrain's regulated digital asset exchange ATME has launched gold-backed tokens with the support of the country's central bank. Each token represents one kilogram of gold, providing qualified investors with a safe and modern way to invest in gold without facing the conundrum of physical gold storage. ATME CEO Alex Lola said that combining the stability of gold with blockchain technology will promote financial inclusion in the region.
Speaking at the Crypto Summit, US Treasury Secretary Scott Bessent said: We will end the regulatory crackdown on digital assets. The actions of the Biden administration have done nothing but punish innovators and will give a lot of thought to the stablecoin regime. As directed by Trump, we will maintain the United States as the dominant reserve currency in the world. We will do this with stablecoins. Technology is the foundation of President Trump, who embraces technology and will use it to move...
美财长 Scott Bessent 在加密峰会发言称:我们将结束对数字资产的监管打击。拜登政府的行为除了惩罚创新者之外什么也没做,还将对稳定币制度进行大量思考。正如特朗普所指示的那样,我们将保持美国在世界上的主导储备货币地位。我们将通过稳定币来实现这一点。技术是特朗普总统的基础,他拥抱科技,并将利用科技推动美国前进。