Senate panel advances debanking reform, first digital assets bill
The Senate Banking Committee advanced bills to create a regulatory framework for dollar-denominated stablecoins and to prevent debanking due to "reputational risk."
Crypto giant praises Trump's 'big' policy shift: 'I'm very supportive of what they're doing'
Tether CEO Paolo Ardoino joins 'Mornings with Maria' to explain what stablecoins are and President Donald Trump hosting the first-ever crypto summit.
Beware the market's 'curse of high expectations': Jeff Sica
Circle Squared Alternative Investments' Jeff Sica on the reasons for bitcoin's price plummet and a potential Apple stock 'bottom.'
Florida lawmaker wants Bitcoin added to state's portfolio
Rep. Byron Donalds, R-Fla., discusses his plan to create a Bitcoin reserve for Florida on 'Varney & Co.'
Crypto exchange Kraken IPO set for 2026: report
The crypto industry is more optimistic about the future of the digital assets as President Trump makes good on his plans to make the U.S. the bitcoin capital of the world.
Wyoming to launch dollar-backed Stablecoin
Gov. Mark Gordon, R-Wyo., says the state needed something that was predictable and stable on 'The Claman Countdown.'
Trump is using tariffs to help America succeed, create a level playing field: John Pompliano
'The Big Money Show' co-host Taylor Riggs and Pomp Investments investor John Pompliano discuss the economic power of tariffs on 'Making Money.'
Tim Scott introduces Senate bill to address debanking over 'reputational risk'
Sen. Tim Scott and banking committee Republicans introduced a new bill known as the FIRM Act, which seeks to prevent debanking decisions related to concerns over reputational risk.
Trump admin has 'delivered on the promises' of crypto utilization: Fred Thiel
Mara CEO Fred Thiel previews the White House's crypto summit Friday, and explains how America can become the dominate country for Bitcoin mining.
Trump's Crypto Summit: The No. 1 thing the blockchain industry needs to really take off
The White House Crypto Summit will have a lot to cover but policymakers must remember that their plans will only work if we commit to an all-of-the-above energy strategy.
Trump creates Strategic Bitcoin Reserve, other cryptocurrencies to be used in stockpile
President Donald Trump is advancing policy and regulations by creating a "Strategic Bitcoin Reserve" aimed at making the U.S., the crypto capital of the world. Other cryptos may also play a role.
Trump 'breathed life' back into US crypto legislative process, expert says
M^O Labs co-founder and chief architect Greg Di Prisco discusses President Donald Trump's upcoming crypto summit at the White House on 'Varney & Co.'
Trump's crypto czar decries government's lack of bitcoin 'long-term strategy'
White House crypto czar David Sacks claimed Thursday that the federal government’s lack of a "long-term strategy" on cryptocurrency has negatively impacted American taxpayers.
SEC Crypto Task Force is 'something that we should have been done years ago,' acting chairman says
Acting SEC Chairman Mark Uyeda discusses the halt in probes into crypto firms, regulation, China's presence in U.S. markets and efforts for technology independence.
This is the moment the crypto industry has been ‘waiting for,' expert predicts
Bitcoin Foundation Chairman Brock Pierce joins ‘Varney & Co.’ to discuss Trump’s ‘crypto strategic reserve’ plan.
America's first digital currency is a 'technology superpower' dollar with 'profound' impact, CEO signals
Circle CEO, Chairman and co-founder Jeremy Allaire manages the USD Coin, which has seen 100% growth in 12 months with trillions of dollars in transactions.
Digital currency is a 'technology superpower dollar' that 'expands' America's role: Circle CEO
Circle Chairman, CEO and co-founder Jeremy Allaire comments on 'America's first digital dollar,' the SEC's and cryptocurrency's relationship and the company's goals to go public.
Expert on Trump's plan for crypto strategic reserve: 'This is insane'
Professional Capital Management founder & CEO Anthony Pompliano weighs in on President Donald Trump's plan for a cryptocurrency strategic reserve on 'Varney & Co.'
Trump moves 'crypto strategic reserve' forward, promises to elevate industry
President Trump blasted the Biden administration's handling of cryptocurrency and vowed to establish a crypto reserve.
Trump slated to host Crypto Summit at White House
President Donald Trump is scheduled to host the first-ever White House summit on cryptocurrency next week, and he will deliver remarks at the event.
Cryptocurrency FAQs
What is Cryptocurrency?
Cryptocurrency, or crypto, is a form of digital asset that is secured by cryptography and the blockchain. The most notable example of a cryptocurrency is bitcoin, though thousands of other similar assets exist. Cryptocurrencies are regarded by many as the money tech of the future due to their accessibility and un-censorable nature.
How do cryptocurrencies work?
Cryptocurrency networks, or blockchains, are independently verified by a matrix of computers that record all transactions and ensure a consensus throughout the chain. This means that all network information is recorded immutably and permanently; transactions cannot be prevented, blocked, or changed. Network participants can thus trust each other and transact without the need for a centralized intermediary.
How can I buy a cryptocurrency?
There are many markets for cryptocurrencies where you can exchange USD for the cryptocurrency of your choice. These include centralized exchanges and services such as Coinbase and PayPal, or decentralized alternatives like UniSwap where you can swap between crypto-assets. To use a centralized exchange, you’ll need to submit personal information such as your passport or driver’s license. Note that the price of digital assets can change rapidly, so timing your purchases well is essential.
Where can I keep my crypto coins?
Cryptocurrencies can usually be held with the exchange or business you bought them from. However, as these exchanges can be hacked, it is advisable to move your assets to your own personal wallet. These wallets are more secure and can be accessed from your laptop, phone, or other mobile devices.
What can I buy with crypto?
Real work adoption of crypto is still ongoing. However, more businesses are accepting crypto and you can buy goods and services as diverse as real estate, stocks, travel, gambling, websites, and much more. This trend should continue over time as cryptocurrencies become better known, accepted and trusted.
Pros and cons of investing in a cryptocurrency
You may have read the news that crypto has broken all-time highs recently. This is the main advantage, that we are early in the asset’s history and prices have generally gone rapidly upwards. However, you should be aware that volatility is significant and you can similarly lose money quickly if your timing is poor. Security is also a major issue and you must ensure you secure your crypto and transactions well or you could become a victim of theft or fraud.