The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
In a year or two, the transformation in the crypto market will be “self-evident” and “overwhelming,” Matt Hougan predicted.
Elon Musk’s name change on X to “Harry Bōlz” sparked another memecoin frenzy on Tuesday before quickly fading away.
Quintenz, head of global policy at a16z crypto, served as a commissioner of the CFTC from 2017 to 2021 during Trump’s first administration.
U.S. lawmakers are taking different approaches to regulating stablecoins and crypto — revealing political divides.
Republican Congressman Tom Emmer said that Gary Gensler's actions towards the crypto industry was "illegal."
The agency clashed with Kalshi over whether political prediction markets could compromise the integrity of the electoral process last year.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
During a press conference last month, Powell said banks can serve crypto customers as long as they can manage the risk.
BoE Gov. Andrew Bailey reflected on potential changes in the crypto regulatory environment globally, particularly following Trump's election.
The 'Digital Assets Investments Act' seeks to allow the state to diversify its portfolio by investing in bitcoin exchange-traded products.
Top Democrat Rep. Waters released a discussion draft on Monday to regulate stablecoins, according to a copy obtained by Punchbowl News.
It marks the fifth consecutive week of net inflows for the investment products, CoinShares Head of Research James Butterfill noted.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The move represents how crypto can facilitate independent charitable efforts, especially in uncertain times.
House Financial Services Committee Republican Chair French Hill released draft legislation to regulate stablecoins.
The SEC is accepting comments on the proposal for 21 days following its publication in the Federal Register.
U.S. lawmakers were divided during a congressional hearing focused on crypto debanking, revealing scars from FTX and concerns over why the industry was cut off from the bank sector.
Judge Ana Reyes began the hearing with a blistering series of questions and noted FDIC lawyers may face "serious sanctions."
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Federal law strictly regulates payments to government officials and bars gift solicitation, Public Citizen said.
Sygnum forecasts that a $1 billion Strategic Bitcoin Reserve purchase could trigger a demand shock and increase BTC's market cap by $20 billion.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
"I don't think for a second that you should be locked out of our banking system," said Senator Elizabeth Warren, a noted crypto critic.
Trump's recent invocation of the IEEPA to impose tariffs could undermine the U.S. dollar's global dominance, analysts say.
Sacks also said that evaluating potential bitcoin reserve is a top priority and that he wants stablecoin innovation in the US.
Trump's sovereign wealth fund executive order could potentially include bitcoin among its strategic assets, an analyst said.
Work is already underway to regulate stablecoins, with Sen. Bill Hagerty introducing a bill on Tuesday to create a regulatory framework.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Republican Sen. Bill Hagerty plans to introduce a bill on Tuesday to create a regulatory framework for stablecoins, Bloomberg reported.