Latest News
Bessent Backs CLARITY Act, Rules Out CBDC
Treasury Secretary Scott Bessent backs the CLARITY Act to set crypto market rules while firmly rejecting a U.S. CBDC push.
Kraken Parent Buys Bitnomial for $550M
Kraken parent Payward will buy Bitnomial for up to $550M, gaining CFTC-licensed U.S. crypto futures, options and clearing infrastructure.
PEPE ETF Filing Boosts Memecoin Legitimacy
Canary's April 8 PEPE ETF filing signals memecoins are entering regulated finance, testing whether hype-driven tokens can gain mainstream access.
FDIC Set to Vote on Bank Stablecoin Rules
FDIC will vote April 7 on bank stablecoin rules, setting capital, redemption and safety standards ahead of the GENIUS Act's July 18 deadline.
GENIUS Act Rulemaking Begins at Treasury
Treasury has begun GENIUS Act rulemaking, opening comments on how smaller state-qualified stablecoin issuers fit under federal oversight.
SEC Pressed on Trump Crypto Allies, Exit
Sen. Blumenthal presses the SEC over alleged soft treatment of Trump-linked crypto firms as acting enforcement chief Sanjay Wadhwa exits.
US Crypto Crackdown Risk, Coin Center Warns
Coin Center warns a future US administration could revive a broad crypto crackdown if Congress fails to pass clear market structure rules.
Bitcoin Groups Oppose PARITY Act Mining Tax
Bitcoin advocacy groups oppose the draft US PARITY Act, saying it favors proof-of-stake tax relief while leaving miners taxed on rewards upfront.
David Sacks Joins White House Tech Council
David Sacks leaves his White House AI and crypto czar role for a broader tech council post, signaling wider policy influence but little immediate crypto impact.
USDC Growth Can Outlast Rewards Limits
Citi says draft US stablecoin reward limits may slow USDC growth, but Circle's core thesis stays intact as payments, trading and on-chain use expand.
CFTC Self Custody No Action Letter Lifts XRP Derivatives
CFTC staff issued a first self-custody no-action letter this week, letting regulated crypto derivatives connect to self-held wallets, lifting XRP derivatives.
CFTC Innovation Task Force Targets Crypto Derivatives
Bitcoin near $71.9K, Ethereum $2.2K as CFTC this week launches an Innovation Task Force to shape US crypto-derivatives rules and curb offshore leverage.
Stablecoin Yield Faces Ban in New CLARITY Act Text
New CLARITY Act draft in Congress would bar payment stablecoin issuers and affiliates from paying yield or rewards, threatening 'hold USDC, earn' offers.
US lawmakers unveil ‘DEATH BETS Act’ to ban war and assassination wagers on prediction markets
US Democrats Casar and Murphy unveil DEATH BETS Act to ban war and assassination wagers on prediction markets, for crypto-adjacent apps.
Citi slashes 12‑month Bitcoin and Ethereum price targets as U.S. regulatory headwinds intensify
Citi cuts 12‑month Bitcoin target to $112K and lowers Ethereum forecast, citing stalled U.S. crypto legislation and rising regulatory headwinds as prices hold.
Crypto Clarity Act Revival: Senators Weigh Stablecoin Yield Compromise to Break Logjam
U.S. senators weigh limiting stablecoin yield to revive the Crypto Clarity Act, addressing bank deposit-drain fears and unlocking 2026 market-structure rules.
Solana ETF Inflows Turn Institutional as XRP ETFs Skew Retail, Report Finds
Bloomberg data shows Solana spot ETF inflows are increasingly institutional, while XRP ETFs are driven by retail buyers, even amid choppy crypto prices.
SoFi Enlists BitGo for Custody and Issuance Rails Behind Bank-Issued Stablecoin
SoFi Bank will launch fully reserved SoFiUSD stablecoin, using BitGo for custody and issuance rails as U.S. regulated stablecoins gain momentum this year.
Eric Trump brands big banks ‘anti-American’ as stablecoin yield battle intensifies
Eric Trump brands big banks anti-American as Congress fights over letting stablecoin holders earn yield, turning dollar tokens into savings-like products.
CFTC’s prediction market rule crackdown lands at White House for review
CFTC sent its prediction-market rule proposal to the White House for OIRA review, signaling tighter oversight of event contracts and election bets in the U.S.