Cryptocurrency and fintech firms are taking advantage of policy changes under the Trump administration to apply for banking licenses, paving the way for greater financial legitimacy and lower borrowing costs.
The past week has seen a number of significant developments in the financial and crypto markets.
European Union (EU) finance officials are expressing concerns about US President Donald Trump's cryptocurrency policy, saying the move could impact the eurozone's financial stability and monetary sovereignty.
On March 1, the White House announced that it will host the first-ever Crypto Summit on March 7 (US time).
The cryptocurrency market is under heavy pressure after President Donald Trump announced an additional 10% import tax on goods from China, bringing the total tax rate to 20%.
Ross Ulbricht, the founder of Silk Road who was recently pardoned by former President Donald Trump, is joining the campaign to free Roger Ver, one of the pioneers of the cryptocurrency space.
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