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SEC Boss Appoints Corey Frayer To Advise on Crypto Policy

On December 30, the US Security and Exchange Commission (SEC) Chairman Gary Gensler hired new staff to offer advice related to crypto policy-making and inter-agency work. The SEC chair stated that Corey Frayer is set to join Gary’s executive staff as a senior adviser on the agency’s oversight of cryptocurrencies assets during the Thursday announcement.

Bitcoin gains $1.5K in under an hour as BTC price erases days of downtrend

Bitcoin (BTC) put in an early end-of-year flourish on Dec. 31 as an upward boost saw BTC/USD retake $48,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Options expiry fades Data from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly gaining over $1,500 in a single hour on Friday. A refreshing counterpoint to several days of downtrend,

Binance to Step up Investment in France by up to $113M

Binance is cooperating with the French financial technology industry group to invest 100 million euros, which equals $113 million to support the development of the French blockchain industry and cryptocurrency. The plan was officially announced as Objective Moon in November. The main plan of the world’s leading cryptocurrency exchange by volume is to establish a research

Binance Exchange Looks to Acquire Outstanding Shares in Swipe

Binance Exchange, the world’s biggest trading platform by volume, is ending its year in grand style, with a recent announcement that it is set to acquire the outstanding shares in Swipe, a Visa card issuing platform. Per the announcement, Binance currently works with Swipe, who is the exchange’s technology partner when it comes to issuing

Mexican Central Bank Reveals CBDC Distribution in 2024

Banco de México, the Central Bank of Mexico, has revealed that its projected Central Bank Digital Currency (CBDC), dubbed the Digital Peso, will be up for public distribution by 2024. This timeline was revealed through the official Twitter accounts of the central bank as well as that country’s president. The tweet reads: “The @Banxico reports that

Kevin O’Leary says his crypto holdings could reach 20% of portfolio

Shark Tank celebrity Kevin O’Leary, also known as Mr. Wonderful, says he would be ready to increase his crypto allocations up to 20% as soon as there are clearer regulations around stablecoins.  O’Leary, a former Bitcoin (BTC) skeptic, is now a vocal advocate of cryptocurrency, which currently makes up over 10% of his investment portfolio.