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June 26, 2025
Vincent Liu, the chief investment officer at Kronos Research, said buying Bitcoin alone isn’t enough to increase a company’s stock price; there needs to be a clear plan.
The case marks California DFPI’s first enforcement action under the state’s Digital Financial Assets Law.
The crypto mining firm will additionally sell its own stock to purchase more ETH for its treasury.
SoFi reenters the crypto space with onchain remittances and digital asset trading following the ease of regulations in the US.
Macroeconomist Lyn Alden said the US dollar barely “got any flight-to-safety bid” despite recent geopolitical tensions between Iran and Israel.
One of the victims identified in the police operation said she carried around $13,000 in cash at one point to send Bitcoin to scammers via crypto ATMs.
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