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The Coinbase government partnerships now include 145 US and another 29 global government entities. This expansion marks a very important milestone in government crypto adoption and also for institutional cryptocurrency integration. The company is positioning itself as the primary facilitator for blockchain technology in government as crypto regulations continue to evolve. Also Read: De-dollarization and the Digital Currency Battle: Why Gold-Backed Stablecoins Could Replace the USD How Coinbase’s Government Deals Shape Crypto’s Future & Regulation Source: Reuters Coinbase Strengthens Government Alliances The Coinbase government partnerships have grown dramatically across federal, state, and also local levels. CEO Brian Armstrong also highlighted this expansion in a recent social media post. Armstrong said: “Across federal, state, and local, Coinbase now works with 145 government entities in the U.S. and 29 government entities outside the U.S. In the wake of the U.S. Str...

The non-fungible token market, once pronounced dead, has roared back to life. The NFT market retested some hype in November 2024, shortly after the crypto-friendly Donald Trump’s re-election as the 47th President of the United States of America. At the time, the NFT market showed potential signs of revival, with some notable blue-chip NFT collections even rising over 100% in their floor price value and trading sales volume. Industry experts have predicted that the NFT market will continue to grow and hit $84 billion by 2029. NFT Market To Hit $84B Between 2025 And 2029 On January 20, 2025, Technavio, a globally acknowledged market research platform that provides reports on emerging technologies and industry trends, shared its prediction for the global non-fungible token market between now and 2029. After careful consideration of various factors, the market research company estimated that the non-fungible token market size will continue growing and reach $84 billion between 2025 ...

Tether, the world’s largest stablecoin, used 2024 to grow its market capitalization by nearly $50 billion, its investments across a variety of industries, its product lines, and its political influence.  Cantor Fitzgerald Tether stores a massive portion of its reserves at Cantor Fitzgerald, a firm that has been led by Howard Lutnick. Lutnick, for his part, has been willing to publicly endorse the often beleaguered stablecoin, saying he is “a big fan.” Lutnick is also an important political figure, serving as co-chair of the transition committee for President-elect Donald Trump. He was also floated as a potential Treasury secretary before eventually being nominated as the future commerce secretary.  Tether’s dreams come true with Donald Trump victory Read more: Tether custodian Cantor Fitzgerald loves Tether, chief says Recently, Cantor Fitzgerald had to pay a $6.75 million penalty to the Securities and Exchange Commission (SEC) ...