Investor Kevin O'Leary stated that under President Donald Trump's administration, cryptocurrency is moving away from its "cowboy era" and becoming more integrated with financial institutions.
This shift follows increased regulation and oversight in the crypto industry, aiming to transform it into a more legitimate payment system and investment vehicle.
The U.S. Department of Energy (DOE) has announced plans to develop AI-focused infrastructure on 16 DOE-managed sites across the country. These locations, which include the Idaho National Laboratory and former nuclear facilities in Kentucky and Ohio, already possess key energy infrastructure, making them ideal for housing data centers and
D-Wave Quantum has unveiled a prototype blockchain network powered by its advanced quantum computing technology, highlighting significant improvements in scalability and energy efficiency. The company demonstrated how quantum computing can enhance blockchain's ability to process transactions at unprecedented speeds while reducing the energy consumption associated with traditional proof-of-work
The U.S. House Financial Services Committee has approved the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act, moving it one step closer to becoming law. The bill aims to establish a clear regulatory framework for stablecoins, ensuring transparency, consumer protection, and oversight by financial regulators. The
Crypto industry leaders are urging U.S. lawmakers to allow stablecoin issuers to offer interest payments to token holders, a move they argue would make digital assets more competitive with traditional bank deposits. Currently, stablecoins such as Tether (USDT) and Circle’s USDC are pegged to the U.S. dollar