US Senator Pushes Ban on Elected Officials Issuing Meme Coins
Senator Kirsten Gillibrand wants to bar members of Congress, the president and their spouses from launching digital assets, following Donald Trump's crypto earnings disclosure.
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Startups & VC Editor · Lagos
Ada Okonkwo covers startups and venture capital for AfroEuropa from Lagos, Nigeria. Every story is editor-reviewed and credits its original reporting.
Senator Kirsten Gillibrand wants to bar members of Congress, the president and their spouses from launching digital assets, following Donald Trump's crypto earnings disclosure.
Nearly 1,700 British investors are seeking at least £150 million from the crypto exchange Binance and its founder Changpeng Zhao in a new group action.
Clicks Technology has revealed pre-production hardware for its $499 keyboard phone, the Communicator, due to ship later this year.
The US Treasury targeted over 130 Tron wallets tied to a Central Asian ISIS affiliate, with issuer Tether freezing the associated funds.
Kash Patel reported a stake in Bitcoin treasury firm Strategy well past the filing deadline, insisting no conflict of interest exists despite the company's government contractor status.
Bitcoin climbed back above $60,000 after weaker US economic data revived hopes that the Federal Reserve's hawkish stance may be softening.
Financial services firm Wealthtec Holdings has moved to Google Cloud, Workspace and Chrome Enterprise, working with local partner Radical Cloud Solutions to tighten security and trim costs.
The early backer of smartphone maker Nothing has nearly tripled its fund size and is relocating its founder to London to target Europe's repeat founders.
Safaricom wants to turn M-PESA's transaction data into a credit engine for underserved businesses, and it's inviting European investors to help fund it.
A Swedish court has ruled that Google must pay $1.97 billion in damages to PriceRunner, the price comparison service owned by fintech group Klarna.
A new policy guide from the Ethereum Foundation tells public sector officials to distinguish decentralized public networks from corporate-controlled alternatives.
Visa, Mastercard, Coinbase and Google are among dozens of firms backing Open USD, a new dollar-pegged stablecoin due later this year.
A new independent organization backed by Joe Lubin, BitMine and SharpLink aims to guide banks and asset managers into Ethereum's on-chain infrastructure.
The US securities regulator is asking for feedback on how to oversee novel ETF structures, a move European crypto issuers and investors will be watching closely.
A new Cybrid report finds most surveyed businesses plan to adopt stablecoins within a year, though regulatory uncertainty remains the chief obstacle.
A multi-billion-dollar supply overhang, record monthly ETF outflows and a faltering corporate treasury bet have pushed bitcoin to the edge of its 2024 lows — and the pain is being felt on both continents.