Bo Hines, a former crypto policy advisor to the White House, will help oversee the launch of Tether's new stablecoin.
Standard Chartered has estimated that up to $500 billion could exit U.S. bank deposits for stablecoins by 2028.
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.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
A hearing to amend and vote on sweeping cryptocurrency legislation was pushed back a few days due to snowy weather in Washington D.C.
Bitcoin fell on Sunday evening as a broad risk-off mood weighed on the crypto market amid rising uncertainty in the US.
Ahead of a hearing next week to debate and vote on a sweeping crypto bill, members filed several changes to the legislation.
CZ said he didn't expect to serve time, arguing that past cases typically resulted in home confinement or deferred prosecution agreements.
Revolut has abandoned plans to buy a US bank and is preparing a de novo licence application, the Financial Times reported.
Kansas lawmakers advanced a bitcoin reserve bill, routing Senate Bill 352 to the Senate Financial Institutions and Insurance Committee.
Momentum is building behind efforts to pass a crypto bill, though observers say it still lacks the Democratic support needed to become law.
President Trump reportedly sued JPMorgan Chase and its CEO Jamie Dimon over allegedly debanking multiple accounts tied to the president.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The regulatory debate has narrowed to rewards, as lawmakers weigh how incentives around stablecoins could affect bank deposits.
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.
Bitcoin rebounded above $91,000 after Trump said he was calling off new tariffs on eight EU countries related to his Greenland ambitions.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
President Trump says he hopes to sign crypto legislation into law "very soon," as key stakeholders splinter on key aspects of the bill.
The move extends the firm's effort to apply crypto-style derivatives market structure to traditional and emerging asset classes.
The Solana Policy Institute pressed for stronger legal protections for software developers following the guilty verdict against Roman Storm.
Patrick Witt said the US needs to pass the market structure bill promptly under President Trump's crypto-friendly administration.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Treasury Secretary Scott Bessent reaffirmed President Trump’s commitment to positioning the U.S. as a global leader in crypto innovation.
CFTC Chair Michael Selig announced a new “Future Proof” initiative aimed at modernizing the CFTC’s approach to digital assets.
Coinbase withdrew support from the bill after seeing that it would ban crypto companies from paying interest on idle stablecoin balances.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on every weekday.
The initiative builds on parent firm ICE's broader push toward round-the-clock markets and tokenized capital infrastructure.
One analyst said the headlines further weighed on already-worsened market sentiment amid delays to the U.S. market structure bill.