As the window narrows to pass a crypto market structure bill this year, lawmakers told bankers at a Washington summit that the final bill won't risk deposits.
An Ohio judge denied Kalshi's motion for an injunction in a case in which the prediction market platform is suing state gaming authorities.
Consumers agree by a 6-to-1 margin that stablecoin yield laws “should be cautious and not take any steps that could undermine our existing financial system."
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The SEC chairman made clear that formal new ties between the U.S. markets regulators will run so deep as to include combined meetings with firms pitching products.
Commodity Futures Trading Commission chief Michael Selig updated his progress on guidance for DeFi developers, crypto derivatives and prediction markets.
Starknet is developing the STRK20 framework to enable privacy-focused stablecoins and other assets with built-in confidentiality.
CFTC Chair Michael Selig said the agency is drafting asset taxonomy, DeFi guidance and leveraged trading rules.
Financial services firm Aon accepted USDC and PYUSD stablecoins for Coinbase and Paxos's insurance premium payments.
The Bank Policy Institute is reportedly weighing a lawsuit against the OCC over national trust charters for crypto and fintech firms.
A congressional report on implementing the Genius Act acknowledges the existence of lawful uses for blockchain privacy tools even as U.S. regulators pursue enforcement cases tied to illicit finance.
Reform UK party leader Nigel Farage has invested in Stack BTC Plc, as the company expands its bitcoin treasury strategy.
Former CFTC Chair Christopher Giancarlo says banks, more than crypto firms, need the stalled Digital Asset Market Clarity Act.
Japan's benchmark Nikkei has plunged 7% after Monday's market open, while South Korea's KOSPI has dropped 7.9%.
Treasury disclosed data showing that since May 2020, more than $1.6 billion in deposits from mixing services flowed into crypto bridges.
The court found that while Binance was plausibly aware of its role in terrorist financing, the lawsuit failed to show firm connections to specific attacks.
The IRS’s 1099-DA tax form for reporting digital asset gains comes with a burden of over-reporting, Coinbase's tax experts warned.
This places blockchain security in the context of national technology competition alongside AI and quantum computing.
Senate Bill 314 provides a framework for payment stablecoin issuers in the state, aligning with federal GENIUS Act standards.
UK is working to finalize its broader crypto rulebook, but firms like Coinbase are urging regulators to avoid restrictive stablecoin policies.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Blumenthal, a top Democrat on an investigative panel within the Senate Homeland Security Committee, opened a Binance inquiry last month.
Crypto exchange pushed back on $1.7 billion Iran-linked flow allegations and called media reports behind the probe “defamatory.”
Sen. Warren slammed the SEC’s decision to drop its case against Tron founder Justin Sun after charges were dropped in a $10 million deal.
Pakistan passed the Virtual Assets Act, establishing a statutory digital asset regulator and introducing criminal penalties nationwide.
The approval places Strike among a small group of firms authorized to operate in the state under NYDFS supervision.
Dubai’s VARA ordered KuCoin to cease "unlicensed" virtual asset activities, citing a lack of authorization under local law.
Governor Timur Suleimenov said the investments, expected to begin in April or May, could include crypto-linked companies and index funds.
Russia's central bank proposed allowing banks to obtain crypto exchange licenses based on their existing banking licenses, Interfax reported.
The VARA alert comes just a couple of weeks after Austria's financial regulator prohibited the European arm of KuCoin from conducting new business.