The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Fed. Governor Christopher Waller said the central bank plans to roll out its "skinny master account" proposal before the end of the year.
Disagreements over stablecoin yield provisions between banks and the crypto industry have contributed to delays in the U.S. crypto market structure bill.
Sen. Mark Warner said he feels like he's stuck in "crypto hell" as the Senate Banking Committee tries to revive stalled talks.
The Avalanche Policy Coalition unveiled a new advisory council, led by Ava Labs General Counsel Lee Schneider.
Crypto advocacy groups called a White House meeting on Monday to discuss an intensely contested topic on how to treat stablecoin rewards.
And the more significant challenge is securing enough Democratic support in the Senate for the crypto legislation, TD Cowen added.
Representatives from Coinbase, crypto trade groups and banking organizations are expected to meet next week to discuss the treatment of stablecoin rewards.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The CFTC is joining forces with the SEC on “Project Crypto”, an initiative aimed at modernizing cryptocurrency regulation.
Tether CEO Paolo Ardoino says he is not taking a position on the debate over stablecoin yields, a flashpoint that has stalled legislation.
The White House plans to convene a meeting next week with senior leaders from the banking and cryptocurrency sectors, Reuters reported.
The American Innovation Project is launching a new fellowship program for recent college graduates to work alongside lawmakers.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Gold's breakout above $5,000 and Clarity Act uncertainty are putting crypto's next market move to the test, Matt Hougan said.
Negotiations in the Senate Agriculture Committee shifted in the new year, said a Senate Democratic aide with knowledge of the conversations.
A hearing to amend and vote on sweeping cryptocurrency legislation was pushed back a few days due to snowy weather in Washington D.C.
We have a new draft and fresh questions.
Ahead of a hearing next week to debate and vote on a sweeping crypto bill, members filed several changes to the legislation.
Momentum is building behind efforts to pass a crypto bill, though observers say it still lacks the Democratic support needed to become law.
As Senate Banking Committee shifts focus to housing concerns, the crypto bill may be delayed to late February or March, the report said.
The U.S. Senate Agriculture Committee has released updated bill text ahead of a hearing next week — and some issues remain.
President Trump says he hopes to sign crypto legislation into law "very soon," as key stakeholders splinter on key aspects of the bill.
Patrick Witt said the US needs to pass the market structure bill promptly under President Trump's crypto-friendly administration.
CFTC Chair Michael Selig announced a new “Future Proof” initiative aimed at modernizing the CFTC’s approach to digital assets.
Provisions addressing decentralized finance, SEC jurisdiction and authorities and — of course — stablecoin yield all alarmed industry participants.
Crypto legislation is hitting another snag this week — this time from the top Republican and top Democrat of the Senate Judiciary Committee.
A bill to regulate the cryptocurrency industry could be finalized within the next few weeks, according to Michael Novogratz, CEO of Galaxy.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Despite the postponement of a hearing that could have advanced crypto legislation, lawmakers insist the effort is far from dead.