A procedural vote that would have cleared the way for lawmakers to pass monumental cryptocurrency legislation has failed.
The U.S. House of Representatives will consider the stablecoin GENIUS bill and the Digital Asset Market Clarity Act.
Fairshake, along with several allied PACs, is gearing up ahead of next year’s midterm elections with a commanding $141 million war chest.
Lawmakers and cryptocurrency advocates are gearing up for what is to be one of the biggest weeks for digital asset legislation.
U.S. federal banking agencies released a joint statement setting out how existing rules apply to banks holding crypto on customers' behalf.
Coinbase lodged a lawsuit against Governor Kotek, accusing her office of stonewalling it after requesting documents tied to past charges.
Legislators will consider the GENIUS stablecoin bill, larger crypto market structure Clarity bill, and another focused on blocking CBDCs.
Bills to regulate stablecoins working their way through Washington put Americans at risk, said New York Attorney General Letitia James.
A cryptocurrency tax provision that would have scored big for advocates ultimately didn't make it into the "big, beautiful bill."
Crypto advocates are rallying behind an amendment to get digital asset tax changes added to what's being called the "big, beautiful bill."
"I notice more and more you pay in bitcoin," Trump said. "People are saying it takes a lot of pressure off the dollar."
Lawmakers and the White House are pushing to pass comprehensive legislation to regulate the crypto industry by the end of September.
The frameworks propose bringing assets like stocks, bonds, and funds onchain as well as carve outs for autonomous, non-custodial blockchain protocols.
Crypto is an "important lever" in the political landscape said David Plouffe, previously an advisor to former Vice President Kamala Harris.
American Bitcoin, the newly launched Bitcoin mining company backed by Eric Trump and Donald Trump Jr., purchased 215 BTC.
Analysts point to broader concerns as compounding market stress, though some say Bitcoin could soon recover if key resistance levels hold.
Gemini filed for an initial public offering on Friday, signaling growing momentum among crypto firms seeking to go public in the U.S.
President Donald Trump's three sons said this week that the Trump Organization "has zero involvement” with the wallet.
Prospects of passing a bill to regulate the cryptocurrency industry at large are hitting a recurring roadblock.
The CFTC is seeing a wave of departures among its top leadership, with all senior officials either recently leaving or set to step down.
The funds will operate as a “regular C corporation” for U.S. federal income tax purposes, which treats staking distributions as dividend income.
The uptick in institutional stablecoin interest follows shifting regulatory regimes and increased lobbying efforts, especially in the U.S.
The SEC will still bring enforcement cases against bad actors in crypto, said SEC Commissioner Hester Peirce.
"[W]e're very long crypto,” Donald Trump Jr. said at Bitcoin 2025. "I mean, it's a huge part of everything that we do right now."
U.S. Vice President J.D. Vance urged action on digital asset regulation, warning that inaction could send trillions offshore.
The U.S. Department of Labor reversed earlier guidance discouraging retirement managers from considering cryptocurrency.
While many attendees at President Donald Trump's memecoin gala remained unknown to the public, a few high-profile guests made appearances.
Democratic lawmakers, including Sen. Elizabeth Warren, demanded President Trump release the list of people attending his memecoin gala.
Rep. Maxine Waters introduced a new bill to address concerns about the president's involvement in digital assets.
Reps. Tom Emmer and Reps. Ritchie Torres argue that non-custodial platforms like miners, validators, and wallets are not money transmitters.