Nvidia shares plummeted 8% after the U.S. banned its H20 chip sales to China, impacting equities and the crypto market.
The successful reversal of the Internal Revenue Service rule marks the first time the industry got a significant pro-crypto effort through Congress.
Former SEC Commissioner Paul Atkins will be sworn in as the agency's next chair and will oversee future regulation for the crypto sector.
In its latest in a series of what's-not-a-security statements on digital assets, the Securities and Exchange Commission has added dollar-based stablecoins.
Three other states — Kentucky, Vermont and South Carolina — have already dropped their suits.
Traders on Polymarket and Kalshi are pricing in an over-50% chance of a U.S. recession this year.
Though many Democrats on the House Financial Services Committee voted with Republicans to move the bill, they raised flags about the Trump-tied stablecoin.
The U.S. banking agency withdrew policies that contributed to crypt industry accusations that it pressured institutions to "debank" digital assets customers.
The U.S. president did not announce any new executive actions on Thursday.
While the Securities and Exchange Commission prepares for a crypto roundtable, policy moves at the agencies are getting more done than higher-profile rhetoric.
Your day-ahead look for March 19, 2025
The Digital Chamber's founder and longtime CEO, Perianne Boring, is stepping into a board chairman role as Cody Carbone takes over the leadership.