Federal Reserve Governor Michael Barr has raised alarms over potential risks associated with stablecoins as regulators work on new rules under the Guiding and Establishing National Innovation for U.S. Stablecoins…
The U.S. Securities and Exchange Commission (SEC) has made a significant move towards expanding crypto custody options by indicating that state-chartered trust companies can safely hold digital assets. This development…
JACKSON HOLE, Wyo. — Eric Trump, the son of former U.S. President Donald Trump, has expressed strong confidence in the future value of bitcoin, asserting that it will surpass $1…
The U.S. Federal Reserve has officially closed its Novel Activities Supervision Program, which was aimed at overseeing banks' engagement with cryptocurrency activities. Established in 2023 under Vice Chairman Michael Barr,…
The long-standing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs officially concluded when both parties notified the Second Circuit Court of Appeals that they would…
Two Senate committees, Banking and Agriculture, are currently negotiating over legislation aimed at establishing a regulatory framework for cryptocurrency markets. During a recent hearing, Senator Amy Klobuchar, the leading Democrat…
The U.S. House of Representatives is gearing up to address tax policy for digital assets during the upcoming "Crypto Week." On July 16, the House Ways and Means Committee plans…
The U.S. Treasury Department's Office of Foreign Asset Control (OFAC) sanctions against Tornado Cash, a privacy tool, will not be discussed during the upcoming trial of developer Roman Storm. This…
U.S. Senator Cynthia Lummis is working to include a key crypto tax measure in a major budget bill that supports much of President Donald Trump's agenda. This proposed amendment aims…
Brian Quintenz, nominated by President Donald Trump to lead the Commodity Futures Trading Commission (CFTC), addressed a range of questions about cryptocurrency during his confirmation hearing. He emphasized the importance…