The effort is starting small, but Texas made an opening foray into a state-based crypto reserve — getting closer to the first government stockpile in the U.S. What to know: Texas took a step toward building a state-based crypto reserve, grabbing $5 million of BlackRock’s bitcoin exchange-traded fund, officials told […]
As the Justice Department pursues Prince Group’s leader, the Treasury Department sanctioned the company while also severing Huione from the U.S. finance. What to know: U.S. authorities dropped a legal hammer on global firm Prince Group as an operator of forced-labor global scam operations — including infamous pig butchering schemes […]
The U.S. derivatives regulator issued a “reminder” that foreign crypto firms registered with the CFTC as FBOTs can directly handle U.S. customers. What to know: The Commodity Futures Trading Commission — under its ongoing “crypto sprint” to open a wider path for U.S. crypto business — issued an advisory on Thursday that […]
The Fed vice chair who leads banking oversight, Michelle Bowman, comes across as a crypto evangelist as she echoes industry views on its regulatory needs. What to know: The U.S. Federal Reserve’s newest vice chair who supervises Wall Street banking, Michelle Bowman, made a crypto speech on Tuesday that could have been […]
Paul Atkins, the head of the Securities and Exchange Commission, said “most crypto assets are not securities.” What to know: WASHINGTON, D.C. — Securities and Exchange Commission (SEC) Chairman Paul Atkins said his agency is launching “Project Crypto” with an aim to make a quick start on the new crypto policies urged […]
Brian Armstrong said recent policy shifts warrant a new push in the U.S., and president’s working group chief Hines said Trump is delivering on crypto promises. What to know: WASHINGTON, D.C. — As he walked out of the White House’s crypto summit on Friday, Coinbase CEO Brian Armstrong said his […]
The U.S. president directed his administration to establish a bitcoin reserve to hold seized assets, and it’s setting up a separate crypto stockpile. What to know: President Donald Trump has directed his administration to establish a Bitcoin Strategic Reserve to hold the assets that have been seized by the government, […]
Five states’ crypto efforts faltered as Texas advances and Utah nears a final vote, leaving the state-level push for digital asset reserves with mixed results. What to know: This year’s rapid surge in U.S. states’ interest to put public money into cryptocurrencies before the federal government can establish a strategic […]
The company says the commission will vote on a deal negotiated by staff to abandon the enforcement case at the core of the agency’s previous crypto stance. This decision comes after a prolonged SEC lawsuit that had significant implications for the industry. What to know: The U.S. Securities and Exchange […]
A federal court confirmed the final tally of SBF assets the government staked a claim to, including $606 million in Robinhood stock sales and two private jets. What to know: A federal court has outlined just how extensive Sam Bankman-Fried’s assets were before the young CEO of FTX was tried […]