White House officials and regulators push for Senate progress on CLARITY Act before April markup
Key White House advisors and regulators pressed the Senate to advance the CLARITY Act this month. Senator Cynthia Lummis signaled…
Senate urged to act swiftly on Clarity Act as crypto leaders press for regulatory framework
Calls for swift Senate action on the Clarity Act grew stronger this week, as major figures in finance and technology…
US Treasury expands cybersecurity support to cryptocurrency sector
The US Treasury will extend its cybersecurity information-sharing program to the crypto sector. This move follows recommendations emphasizing increased security…
White House allies ramp up support for CLARITY Act ahead of Senate session
Officials linked to the White House are urging swift Senate action on the CLARITY Act this April. Key financial regulators…
CFTC seeks court order to block Arizona action against prediction market platforms
The Commodity Futures Trading Commission (CFTC) has asked a federal court for a preliminary injunction and restraining order to stop…
Treasury Secretary Bessent urges swift Senate action on CLARITY Act amid crypto uncertainty
US Treasury Secretary Scott Bessent has publicly called for immediate Senate action on the CLARITY Act, a bill designed to…
Iran allows oil tankers to pay Hormuz Strait transit fees with Bitcoin amid sanctions
Iran now accepts Bitcoin for shipping fees through the Strait of Hormuz amid strict sanctions. Crypto adoption in Iran is…
US regulators challenge state laws on prediction markets amid legal dispute
The CFTC and Department of Justice seek federal oversight of prediction markets in US courts. Arizona and other states are…
Artist Ryder Ripps barred from using Bored Ape Yacht Club visuals after agreement with Yuga Labs
Ryder Ripps is now banned from using Bored Ape Yacht Club images or brand elements. The settlement between Yuga Labs…
US Treasury outlines new stablecoin rules targeting financial security and compliance
The US Treasury Department has put forward a new set of rules intended to shape the regulatory environment for stablecoin…
US Treasury unveils joint rule proposal for stablecoin issuers amid new regulatory framework
The US Treasury has proposed joint stablecoin rules to fight financial crime and support innovation. Only authorized and fully backed…
South Korea unveils draft law to regulate digital assets amid industry debate
South Korea’s Democratic Party has presented a draft law for comprehensive digital asset regulation. The proposal mandates licensing, oversight, and…
US Treasury plans stricter oversight for stablecoin issuers amid efforts to combat financial crime
The US Treasury is drafting regulations to better supervise stablecoin issuers and address financial crime risks. New rules would require…
White House report questions banking sector concerns over stablecoin yield restrictions
A White House report suggests banning stablecoin yields won't substantially boost bank lending. The findings challenge banks' arguments, indicating limited…
White House advisors downplay risks of stablecoin yields to US bank lending
White House advisors find stablecoin yield restrictions offer minimal benefit to bank lending volumes. Banking sector leaders warn of possible…
South Korea mandates standardized withdrawal delays for crypto exchanges amid rising phone scams
South Korea will enforce a unified withdrawal delay for all domestic crypto exchanges. This move targets a surge in scams…
South Korea prepares legislative roadmap for regulating tokenized real assets and stablecoins
South Korea’s lawmakers are preparing new regulations for tokenized assets and stablecoins. Stablecoins will be overseen under foreign exchange rules,…
SEC acknowledges previous crypto enforcement cases offered no direct investor benefit
The SEC reviewed previous crypto enforcement strategies after a shift in leadership to Chair Paul Atkins. The agency determined several…
FDIC moves forward with stablecoin rules following GENIUS Act passage
The Federal Deposit Insurance Corporation has introduced a detailed regulatory framework for stablecoin issuers, responding to the recent passage of…
US prosecutors dispute use of Supreme Court ruling in Tornado Cash developer case
US prosecutors say the Supreme Court’s Cox ruling doesn’t apply to Roman Storm’s case. Storm faces retrial on unresolved money…
