1. US Vice President Vance prioritizes eliminating cryptocurrency red tape 2. UK FCA seeks opinions on new regulations for cryptocurrency custody, aiming to prevent company bankruptcies 3. Coinbase launches CDP wallet to simplify self custody and enhance security 4. Circle freezes addresses related to Libra team, involving 58 million USDC 5. Federal Reserve minutes: Labor market may be weak, inflation risk increases 6. BlackRock plans to purchase 10% stake in Circle IPO 7. Polish presidential candidate promises to support the development of the cryptocurrency industry 8. Vietnamese police crack cryptocurrency scam involving nearly $400 million in funds The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/462401
According to Bloomberg, the Polish presidential election is entering its final sprint stage, and nationalist candidate Karol Nawrocki recently posted a video on social media promising to support the development of the cryptocurrency industry and oppose regulatory policies that restrict investment freedom if elected. The candidate supported by the Law and Justice Party acknowledges that he does not hold digital currencies, but emphasizes that 'Poland should be the birthplace of innovation rather than regulation'. The latest poll shows that Nawrocki is on par with Warsaw Mayor Rafal Trzaskowski in terms of support. Analysis suggests that its encrypted stance aims to win over supporters of the far right candidate Slawomir Mentzen, who received 14.8% of the vote in the first round of voting and is known for holding Bitcoin. It is worth noting that Trzaskowski also publicly opposed regulating the Polish cryptocurrency market in February.
According to Reuters, large banks in the United States are having internal discussions about expanding their cryptocurrency business, but will initially adopt a cautious strategy. According to informed sources, while J.P. Morgan CEO Jamie Damon maintains a critical stance towards cryptocurrencies, he has stated that he will allow customers to make purchases; Bank of America is considering issuing stablecoins; Morgan Stanley explores adding cryptocurrency to electronic trading platforms. Industry executives pointed out that banks are looking forward to clearer anti money laundering regulatory guidelines, and most institutions plan to enter the custody business through cooperation with existing cryptocurrency companies. The Trump administration's recent policy shift has paved the way for banks to participate in activities such as cryptocurrency custody and stablecoins, but banking regulators have not yet joined the working group led by the new crypto czar David Sacks.
According to The Block, two European companies invested by Tether, StablR and payment application Oobit, have jointly launched a stablecoin program that complies with the EU's Crypto Asset Market Act (MiCA). The Euro pegged stablecoin EURR and US dollar pegged stablecoin USDR issued by StablR will be integrated into the Oobit payment system, and users can receive a 5% stablecoin cashback when using them. This move comes at a time when Tether is gradually withdrawing from the European market due to compliance issues. At the end of 2024, Tether's Euro stablecoin EURT was forced to delist due to non-compliance with MiCA requirements. The currency had previously peaked at a market value of $500 million. Exchanges including Binance and Kraken have also begun to delist USDT from the European Economic Area. StablR holds an Electronic Currency Institution (EMI) license issued by the Malta Monetary Authority and conducts compliance audits using Tether's Hadron asset tokenization platform. Oobit received a $25 million Series A financing led by Tether in 2024, with investors including Solana's Anatoly Yakovenko.
According to The Block, US President Trump's eldest son Donald Trump Jr. and second son Eric Trump predicted at the Bitcoin 2025 conference in Las Vegas that the price of Bitcoin may exceed $170000 by the end of 2026. Eric revealed that Michael Saylor, the founder of MicroStrategy, had suggested that the Trump family mortgage their Mar-a-Lago estate to invest in Bitcoin and guided them in establishing a cryptocurrency asset reserve strategy. The Trump family has recently ventured into the cryptocurrency industry with multiple businesses: its parent company, Truth Social, plans to raise $2.5 billion to establish a Bitcoin reserve; Joint venture mining company American Bitcoin plans to go public through SPAC; The World Liberty project plans to launch stablecoins.