Meanwhile, U.S. regulatory momentum is building, with stablecoin legislation advancing and a market structure bill in the works.
Facebook's earlier Libra project collapsed under regulatory pressure, but a slew of Big Tech firms are now exploring stablecoin adoption.
Discussing the policies already enacted by the Trump administration, Sacks also claimed it could achieve its crypto agenda by August.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Sens. Cynthia Lummis and Bernie Moreno say a tax provision could have unintended consequences for companies holding digital assets.
Senate Democrats are seeking information about President Donald Trump's cryptocurrency ties and Binance in a letter sent on Friday.
U.S. Treasury Secretary Scott Bessent said the U.S. "should be the premier destination for digital assets" during a hearing on Wednesday.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The analysts said a new at-the-market program from Strategy following its Q1 earnings on Thursday would also bolster a bullish outlook.
A group of key crypto players are calling on the White House to stop prosecuting open-source software in light of Roman Storm's trial.
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.
The new exchange, Grinex, reportedly shares similarities to Garantex, which was shuttered earlier this month by international authorities.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Rep. Gerald Connolly pressed the Treasury Department to halt plans for a strategic bitcoin reserve citing Trump's conflicts of interest.
The analysts expect clarity on budget-neutral bitcoin acquisition measures from Treasury Secretary Scott Bessent by May 5.
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.
Standard Chartered suggests U.S. could potentially fund the Strategic Bitcoin Reserve in a budget-neutral way by selling gold for bitcoin.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The addresses were controlled Iranian national Behrouz Parsarad, the alleged administrator of the Nemesis darknet marketplace.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Trump's reserve announcement raised further questions over asset allocations, how it would be funded and how likely it is to be enacted.
The bosses of Circle and Tether both set out their views on U.S. regulation in what some in the crypto community call a "stablecoin war."
Sanctioned jurisdictions and entities globally received $15.8 billion in cryptocurrency last year — 39% of all illicit crypto transactions.
Strategy made a profitability warning, particularly if there is a significant decrease in the market value of its bitcoin holdings.
Trump's sovereign wealth fund executive order could potentially include bitcoin among its strategic assets, an analyst said.
Recently confirmed U.S. Treasury Secretary Scott Bessent will be taking on a second role as acting director of the CFPB.
While most analysts agree that tariffs are negative for crypto in the short term, some argue they could benefit the market longer term.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.