Lawmakers questioning the nominee appeared to believe the CFTC will need more resources if asked to regulate crypto more.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
In a monumental move, House committee lawmakers advanced landmark legislation to regulate cryptocurrencies at large on Tuesday.
American Bitcoin, the newly launched Bitcoin mining company backed by Eric Trump and Donald Trump Jr., purchased 215 BTC.
Quintenz said he would utilize his experience as head of policy at a16z crypto to shape future regulations around crypto.
Senate Majority Leader John Thune filed cloture on the GENIUS Act for a Wednesday vote, according to Bloomberg.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Lawmakers have included a measure aimed at protecting software developers in the latest version of a digital asset market structure bill.
The company's holdings now total around 2.8% of the total 21 million bitcoin supply — worth over $62 billion.
Ethereum-based funds led for the second week in a row, while the usually dominant global Bitcoin investment products saw further net outflows.
Crypto fund issuers urged the SEC to go back to an approach that allowed ETPs to be approved on a first-come first first-served basis
Analysts point to broader concerns as compounding market stress, though some say Bitcoin could soon recover if key resistance levels hold.
Gemini filed for an initial public offering on Friday, signaling growing momentum among crypto firms seeking to go public in the U.S.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
President Donald Trump's three sons said this week that the Trump Organization "has zero involvement” with the wallet.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
A group of cryptocurrency advocacy groups urged lawmakers to include legislation to protect software developers in to a larger bill.
BidenCash operators allegedly used the platform to simplify the process of buying and selling stolen credit cards and personal information.
Bitcoin could climb to $125,000 in June if a soft U.S. jobs report fuels expectations of early Fed rate cuts, according to Bitfinex analysts.
Federal Reserve Governor Michelle Bowman was confirmed by the Senate on Wednesday to serve the top regulatory role at the central bank.
Prospects of passing a bill to regulate the cryptocurrency industry at large are hitting a recurring roadblock.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
MoonPay has obtained a coveted BitLicense from New York regulators following the opening of its Soho office.
Brian Quintenz, formerly a CFTC commissioner from 2017 to 2021, is set to appear before the Senate Agriculture Committee on June 10.
Democratic staffers say they felt like the SEC was "trying to hide the ball," when asked technical questions about a large crypto bill.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
K33 also announced an initial purchase of 10 BTC ($1 million) on Tuesday after raising $6.2 million to launch its bitcoin treasury strategy.
Kraken joins Coinbase Prime and FalconX in offering prime brokerage services to institutional crypto clients.
The acquisition helps Robinhood expand outside the U.S., accessing Bitstamp's customers across the EU, UK, and Asia.
The CFTC is seeing a wave of departures among its top leadership, with all senior officials either recently leaving or set to step down.