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While barring CBDCs, the order leaves space for the establishment of privately-issued “stablecoins” and creates a presidential crypto working group.

President Donald Trump signed a highly-anticipated executive order late Thursday establishing a working group on digital assets that will be responsible for putting forward potential regulations for the sector and evaluating a national cryptocurrency stockpile.

AgriFORCE Growing Systems (AGRI) announced the acquisition of a 5 MW bitcoin mining facility located in Columbiana County, Ohio purchased for $4.5M in cash. Powered by 5 MW of natural gas energy, the facility is currently operational with over 900 bitcoin mining units and has the capacity to scale up to 1,200 units. Utilizing energy derived from flare natural gas, the facility not only generates consistent revenue but also minimizes its environmental footprint. Plans are in place to enhance oper

Bitcoin and ether holders can get loans to acquire tokenized properties — and use their crypto as collateral.

The SEC published a new staff accounting bulletin rescinding SAB 121, which set certain rules for financial firms wanting to hold crypto.

Some $6 billion of the notional value in bitcoin is currently set to expire out of the money.

Euro zone banks need a digital euro to respond to U.S. President Donald Trump's push to promote stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday. Trump said he would "promote the development and growth of lawful and legitimate dollar-backed stablecoins worldwide" as part of a broader crypto strategy that he sketched out in an executive order issued on Thursday. Cipollone said this would help lure even more customers away from banks and strengthen the case for the ECB to launch its own digital currency in response.