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 U.S. exchange is planning to […]
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, and he’s additionally called for […]
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 reserve of digital assets has […]
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 Commission will vote soon on […]
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 and imprisoned for fraud, and the […]
In what may be a big test of the crypto sector’s new influence over a markedly friendlier U.S. Congress, the Crypto Industry is asking for the reversal of an incoming tax policy. What to know: Nearly every big name in the crypto industry has signed onto a letter calling for Congress to eliminate a U.S. tax […]
With picks at the banking agency and consumer watchdog, the field of major nominees is mostly complete, showing a deep roster of finance and federal know-how. What to know: President Donald Trump is just about done naming the key figures he’s seeking to get into financial regulation posts that will direct the future oversight of […]
Nineteen U.S. states are weighing bills to put public money into digital assets, some of them similar to the federal pursuit of a Strategic Bitcoin Reserve. What to know: The latest state effort to set up the investment of public money into cryptocurrency, a bill introduced on Monday in North Carolina, is backed by the […]
Caroline Pham, the Commodity Futures Trading Commission chief tapped by President Donald Trump, is hosting a CEO summit on one of her longstanding policy aims: Tokenization. What to know: Caroline Pham, who is running the U.S. Commodity Futures Trading Commission on an acting basis, is pursuing a stablecoin-backed tokenization pilot program, and an upcoming summit will include […]
The industry’s U.S. banking crisis may be retreating as a second congressional committee sheds light on how crypto businesses have been treated by regulators. What to know: The chief lawyer of U.S. crypto exchange Coinbase (COIN) testified about the abuse of authority from regulators who erected barriers between banks and crypto firms in a hearing of […]