ChainFabricNews

image source: Finshots As we step into 2025, one of the most exciting developments in the world of cryptocurrency is the incoming pro-crypto stance of President-elect Donald Trump’s administration. This shift in regulatory direction could be a game-changer for the industry, especially for those in the U.S. who have long awaited clearer and more favorable rules surrounding crypto. A New Era of Crypto-Friendly Regulation The Trump administration has made it clear that it intends to position the U.S. as a global leader in cryptocurrency. One of the major proposals under consideration is the creation of a national Bitcoin reserve. This would allow the U.S. to diversify its financial assets and hold a substantial amount of Bitcoin, much like countries are investing in gold or other assets to strengthen their economies. This initiative has been welcomed by crypto enthusiasts who see it as a positive step toward mainstream acceptance of digital currencies. In addition to the Bitcoin reserve, ...

image source: Bitcoinist  Cryptocurrencies are no longer just a buzzword; they’re becoming a global movement reshaping how we think about money. Vancouver, Canada, is stepping up to the plate with a groundbreaking initiative. In December 2024, Mayor Ken Sim unveiled a proposal to explore how Bitcoin could be integrated into the city’s financial system. This bold move aims to modernize municipal finance while addressing the needs of an increasingly digital society. What’s the Plan? Mayor Sim’s proposal focuses on three key areas: allowing Bitcoin payments for municipal services, evaluating Bitcoin as a reserve asset, and assessing the broader risks and benefits of adopting cryptocurrency. Backed by six city councilors, the motion calls for a thorough analysis from city staff, who will explore how this could work in practice. “Cryptocurrency and blockchain technology are shaping the future of finance,” Mayor Sim said. “This initiative is about positioning Vancouver as a leader in inn...

image source: sanctions.io  The implementation of the Markets in Crypto-Assets (MiCA) regulation has marked a turning point for the cryptocurrency landscape in Europe. As of December 30, 2024, MiCA has established a comprehensive regulatory framework that standardizes rules across the European Union (EU), offering a new level of clarity and security for investors and businesses alike. This development represents one of the most significant milestones in the global crypto industry, with Europe setting a strong precedent for other regions to follow. Standardization and Investor Protection One of MiCA’s primary objectives is to harmonize the previously fragmented crypto regulations across EU member states. Before MiCA, each country had its own approach to crypto oversight, leading to inconsistencies that created uncertainty for businesses and investors. By providing a unified framework, MiCA eliminates these disparities, ensuring a level playing field for all market participants. At i...

image source: Binance South Korea’s cryptocurrency scene is buzzing, and XRP (Ripple) has emerged as the star of the show. Surpassing even Bitcoin and Ethereum in trading volumes, XRP’s rise highlights changing investor preferences and positions South Korea as a key player in the global crypto market. Record-Breaking Trading Volumes Recent reports from Upbit, South Korea's largest cryptocurrency exchange, show XRP hitting a staggering $591 million in 24-hour trading volume. This figure far exceeds the $133 million for Bitcoin and $340 million for Dogecoin, proving that XRP is capturing the attention of South Korean traders like never before. The trend isn’t confined to Upbit—other major exchanges in the country are seeing similar patterns, with XRP consistently leading the pack. So, what’s behind this surge? For one, XRP’s relatively low price per token makes it appealing to retail investors. Add to that Ripple’s ongoing legal battles in the U.S., which have created both speculatio...