Here’s what happened in crypto today
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Warren Buffett announces he wants to step down as CEO of Berkshire Hathaway by the end of 2025, Arizona Governor Katie Hobbs has vetoed a bill that would have allowed the state to hold Bitcoin as part of its official reserves, and Apple has eased crypto application rules following a court order.
Warren Buffett, the CEO and founder of the Berkshire Hathaway investment firm, announced he is stepping down by the end of 2025 and letting his successor Greg Abel, the company's vice chairman of non-insurance operations, take the helm.
The decision is still subject to the approval of the company's board of directors. However, Buffett said he was confident that the board would fully back the decision to elevate Abel, who has been groomed for this position for years, to the position of CEO.
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