semte6ov

@semte6ov

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The seaside coffee in Busan is incredibly delicious!

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Kwon’s trial remains on schedule for Jan. 26, 2026.

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After back-and-forth negotiations with Montenegran authorities, Kwon was extradited to the US in December. He appeared before a US judge for the first time on Jan. 2 and pleaded not guilty to nine felony charges related to fraud.

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Establishing a strategic Bitcoin reserve in the United States would accelerate Bitcoin’s adoption even more than 2024’s exchange-traded fund (ETF) launches, cryptocurrency researcher CoinShares said in January.

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Crypto trading volumes increased over 450% year-over-year to $71 billion, while Robinhood’s total crypto assets under custody increased 75% quarter-on-quarter to $35 million.

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The Circle executive added that these 10 service providers have issued 10 euro-pegged stablecoins and five US dollar-pegged stablecoins, Cointelegraph reported on Feb. 19.

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Belsche added that Wall Street has learned that “diligence really matters,” as does the processes and regulatory oversight of the Securities and Exchange Commission.

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He added that some Wall Street firms previously tried to interface with private crypto companies, mentioning FTX as an example that “didn't work out so well.” The bankrupt crypto exchange recently announced its next creditor repayment round slated for May.

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“One of the things I think, in order to address Wall Street, you’ll [need to] be a public company,” Belsche said on stage on Feb. 19 at Consensus Hong Kong 2025.

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BitGo CEO Mike Belsche has said that crypto companies going public are key to drumming up trust in digital assets and addressing traditional finance players.

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During the Biden administration, multiple cryptocurrency firms were denied access to banking services in what some insiders described as an orchestrated effort dubbed “Operation Chokepoint 2.0.”

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This may put an end to previous crypto industry debanking efforts, according to Caitlin Long, founder and CEO of Custodia Bank. Long wrote in a Jan. 23 X post

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In another noteworthy development, the executive order will exclude the US Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) from cryptocurrency working groups.

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The executive order’s ban on CBDCs is a “curveball” for crypto and the wider financial industry that signals a “bet” on the crypto industry, Lian told Cointelegraph

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As of May 2024, around 140 countries were working on CBDC pilots, with China’s digital yuan being one of the most advanced, Cointelegraph reported.

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In July 2023, Brazil’s central bank published the source code for its CBDC pilot, and it took just four days for people to notice the surveillance and control mechanisms embedded within its code, allowing the central bank to freeze or reduce user funds within CBDC wallets.

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While CBDCs have been lauded for their potential to increase financial inclusion, critics have raised concerns about their surveillance capabilities and potential for government overreach.

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The executive order could also catalyze crypto payment adoption among large financial institutions in the US, according to economist Alex Krüger, who said institutions will start using blockchain for payments and tokenization.

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“This isn’t just about setting rules; it’s about setting the stage for crypto to play a bigger, more legitimate role in the economy,” he said. “This clarity could lure in the big investors who’ve been sitting on the sidelines, waiting for something like this to make their move.”

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Likewise, the new crypto task force signals a clearer, “more structured” crypto regulatory landscape, Lian told Cointelegraph.

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