The U.S. Federal Reserve has announced that it will dismantle its “Novel Activities Supervision Program,” a regulatory initiative launched in 2023 to more closely oversee banks’ involvement in cryptocurrencies, stablecoins, and other emerging financial technologies. The move comes amid political pressure and growing criticism from pro-crypto lawmakers, with some framing the program as part of…
DeFi Development Corp. (Nasdaq: DFDV) has expanded its Solana holdings in a major new purchase, adding 110,000 SOL at an average price of $201.68, worth about $22 million. The acquisition lifts the company’s total balance to 1,420,173 SOL and SOL equivalents, valued at approximately $273 million. The move has pushed the company’s key performance metric,…
Stablecoins are taking the payment sector by storm. A joint report from crypto market maker Keyrock and crypto exchange Bitso predicts that stablecoin payment volumes will exceed $1 trillion annually by the end of this decade. This will likely be the case, as leading stablecoins have seen impressive growth recently. Tether’s USDT stablecoin reached a…
The past week in U.S. crypto regulation has been anything but quiet. A flurry of political pressure, legislative proposals, policy shifts, and industry positioning has kept the sector’s stakeholders on their toes. From the halls of Congress to state legislatures to the SEC’s policy desk, these developments reveal just how fragmented and fast-moving America’s crypto…
SharpLink Gaming, Inc. (Nasdaq: SBET) has emerged as one of the world’s largest corporate holders of Ethereum after executing a dramatic shift in its treasury strategy during the second quarter of 2025. In its Q2 2025 results, the company reported that as of June 30, 2025, it held 728,804 ETH, nearly all of which is…
Crypto lobbying group the DeFi Education Fund is officially launching its namesake foundation, the company announced in an August 13 press release. DeFi Education Fund Launches New Foundation According to the Wednesday press release, the DeFi Education Foundation will continue the digital asset-focused collective’s crypto advocacy work while giving donors the opportunity to benefit “from…
Stablecoins are set to capture $1 trillion in annual payment volume by 2030 and could comprise 10% of the U.S. money supply, fundamentally reshaping monetary policy as they hold 25% of the U.S. Treasury bill market with a $2 trillion supply, according to new research from Keyrock and Bitso. The comprehensive report, shared with Cryptonews,…
U.S. Treasury Secretary Scott Bessent clarified in a Fox News interview on August 14 that the U.S. will not be buying Bitcoin for its Strategic Bitcoin Reserve. U.S. Bitcoin Reserve Won’t Be Bought, Scott Bessent Says Speaking with Fox News reporter Maria Bartiromo on Thursday, Bessent revealed that while the U.S. has its eyes on…
Key Takeaways: Global stablecoin policy approaches vary, creating potential competitive advantages for certain jurisdictions. Issuers may adjust their base of operations based on regulatory timelines and operational flexibility. Cross-border stablecoin adoption could be influenced by regional licensing requirements and compliance costs. The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have…
Ethereum is edging toward a new all-time high, with market activity showing a decisive tilt toward the second-largest cryptocurrency by market capitalization. According to a CryptoQuant research note, the price of ETH hit $4,781.24 today—its highest level since November 2021 and just shy of its record peak. ETH is breaking out vs BTC. The ETH/BTC…