The lawmakers said it made 'no sense' for the DOJ to take their hands off of tools used by North Korea, drug traffickers and scammers.
Lawmakers are escalating their efforts to draft legislation to regulate crypto, while some raised concerns of moves to cut crypto enforcement.
A commissioner's disapproval of the SEC's statement that stablecoins are not securities could pose a challenge to bills, TD Cowen said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
By the end of the year, Matcha anticipates that most decentralized exchanges and aggregators will support Solana.
TD Cowen says hurdles "can still be overcome given how many Democrats are supportive of the need to enact a stablecoin bill."
The House Financial Services Committee voted to advance a monumental bill to regulate stablecoins on Wednesday.
Kristin Smith, the CEO of one of the biggest advocacy groups in Washington, is leaving for the newly created Solana Policy Institute.
U.S. lawmakers are barreling toward passing crypto legislation but are hitting a few snags along the way, including from Trump.
Long time crypto advocate Miller Whitehouse-Levine is taking on his next endeavour in Washington in launching the Solana Policy Institute.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Coinbase is reportedly in advanced talks to acquire Deribit, Kraken is set to acquire NinjaTrader and Robinhood is integrating Bitstamp.
Trump admin officials have crafted a proposal to rebrand USAID and leverage blockchain technology for a more transparent procurement process.
As attention toward crypto ramps up in Washington, a16z crypto has tapped its general counsel, Miles Jennings, to become head of policy.
Rep. Gerald Connolly pressed the Treasury Department to halt plans for a strategic bitcoin reserve citing Trump's conflicts of interest.
The Senate Banking Committee voted to advance a monumental stablecoin bill, advancing it to the full Senate.
The DeFi Education Fund has worked on several issues in the crypto spaces over the past few years.
Movement on legislation to regulate stablecoins is underway this week as lawmakers in the House debated necessary provisions in the bill.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Trump’s crypto policies, including a strategic bitcoin reserve, have marked a shift, but VCs say key regulatory steps are still needed.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Sen. Tim Scott released a bill that would block regulations from using reputational risk as a way to supervise banks.
"Trump talks up crypto when he is before crypto investors. Yet we continue to believe this is not a personal priority," said TD Cowen.
“The President definitely thinks that there's a Bitcoin strategic reserve,” Lutnick said, "other crypto tokens will be treated differently."
The Senate will vote on whether to overturn a controversial tax rule that requires "custodial brokers" to collect and report user data.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
In the new Congress that started earlier this year, lawmakers have focused on drafting bills to regulate stablecoins.
Trump's reserve announcement raised further questions over asset allocations, how it would be funded and how likely it is to be enacted.
Trump said Sunday that XRP, SOL, and ADA, along with BTC and ETH, will be included in the proposed crypto reserve.