The United Kingdom’s minority celebration Reform has formally rejected the Bank of England’s proposal to cap stablecoin holdings and its broader plan to introduce a central bank digital currency (CBDC). In a Sept. 18 statement on X, the celebration’s head of coverage, Zia Yusuf, alongside celebration figurehead Nigel Farage, warned that the measures would injury…
Democratic lawmakers pressed David Sacks, President Donald Trump’s “crypto and AI czar,” on Sept. 17 to reveal whether or not he has exceeded the cut-off dates of his temporary White House appointment, elevating questions on doable ethics violations. In a letter signed by Senator Elizabeth Warren and 7 different members of Congress, the lawmakers stated…
An international consortium led by Sora Ventures, UTXO Management, and Kliff Capital has met with former Thai prime minister Thaksin Shinawatra in Bangkok to advance Thailand’s role as a hub for Bitcoin as a treasury asset across ASEAN. The meeting brought together executives from AsiaStrategy (Nasdaq: SORA), Nakamoto, Moon Inc., and Kliff Capital alongside Thaksin,…
The UK government has imposed new sanctions on entities tied to Russia’s use of cryptocurrencies to bypass Western restrictions. In an Aug. 20 statement, UK authorities said Russia has turned to Kyrgyz financial institutions and opaque crypto channels to move funds through offshore networks. The UK named Kyrgyzstan’s Capital Bank and its director, Kantemir Chalbayev,…
Tether has employed Bo Hines, a former adviser to President Donald Trump, as its Strategic Advisor for Digital Belongings and US Technique. The corporate confirmed on Aug. 19 that Hines will instantly start working with Tether’s management to information its enlargement and regulatory engagement in america. In his new function, Hines will oversee technique, liaise…
Polymarket traders are pricing low probabilities on several notable phrases being spoken during President Donald Trump’s joint news conference with Russian President Vladimir Putin in Anchorage today, even as volumes on the event’s prediction markets reach six figures. The markets, which resolve on whether Trump uses specific words or phrases during the appearance, have drawn…
El Salvador’s legislature has approved major constitutional reforms that will significantly reshape the country’s political structure and electoral timelines. The new bill, passed on July 31 by 57 lawmakers, enables indefinite presidential re-election, extends the length of presidential terms from five to six years, and removes the need for second-round runoffs in elections. Crucially, the…
The House of Representatives adjourned a week ahead of schedule on July 24, initiating its August recess early and effectively halting all floor activity until after Labor Day. Speaker Mike Johnson announced the break during a floor session, ending votes and procedural work until at least the week of September 8. This recess comes amid…
A group of US senators has introduced a discussion draft of a new bill that would establish clearer regulations for the country’s digital asset industry. On July 22, Senators Tim Scott, Cynthia Lummis, Bill Hagerty, and Bernie Moreno released the draft version of the Responsible Financial Innovation Act of 2025 to solicit public feedback. The…