Defeated Senator Sherrod Brown is providing an olive department to crypto in his 2026 electoral marketing campaign. Though he didn’t make any agency commitments, this one-time opponent is moderating his stances. Nonetheless, a couple of issues stand between Brown and a Senate seat. Analysts expressed skepticism at his change of coronary heart, and he nonetheless…
A number of prediction markets present a rising perception that the Federal Reserve gained’t minimize US rates of interest subsequent month. Current FOMC notes led to diminished hopes, however religion in a minimize continues to be the bulk place. Furthermore, a couple of financial alerts are sparking fears that these cuts won’t enhance short-term prospects….
A gaggle of crypto political advocacy organizations despatched President Trump a joint letter supporting Brian Quintenz as CFTC Chair. Their agency advice stands in opposition to the Winklevoss twins’ private opposition. Quintenz’s allies embrace the Digital Chamber, Blockchain Affiliation, Crypto Council for Innovation, and DeFi Training Fund. This factional battle highlights some stay disputes throughout…
The US Treasury asks for community feedback on the GENIUS Act to help implement stablecoin regulation. The law won’t take effect until responsible agencies finalize their own policies, or 18 months pass. This current round of comments focuses on enforcement tools. Treasury wants to prevent financial misconduct without giving issuers an infeasible burden. US Treasury…
The Federal Reserve just announced that it’s loosening its scrutiny over banks’ interactions with crypto. It has previously maintained a program to monitor these activities, which is now closing. This act mirrors an executive order President Trump signed last week, which sought to curtail unfair crypto debanking. This seems like a bullish development for the…
In a recent interview, Treasury Secretary Scott Bessent claimed that the US won’t buy any Bitcoin for its Strategic Reserve. Instead, the federal government plans to fill it solely using assets from legal seizures. Bessent suggested that this reserve could contain between $15 and $20 billion, but that’s an oversimplification. Bitfinex repayments alone would reduce…
South Korea has officially made digital asset ecosystem development a national priority for the next five years. The Presidential Committee on Policy Planning included it among 123 policy agendas under the Lee Jae-myung administration. The committee listed “building a digital asset ecosystem” under its broader “innovative economy that leads the world” agenda. The Financial Services…
Popular NYC mayoral candidate Zohran Mamdani finally mentioned crypto in a campaign commercial, and he went somewhat on the offensive. His newest ad skewered Andrew Cuomo for working with OKX during a federal investigation. Since Trump became the pro-crypto President, accusations of political corruption have hounded the industry from every angle. Zohran could turn these…
In a recent analysis of the Responsible Financial Innovation Act (RFIA), the Democratic staff of the Senate Banking Committee criticized the crypto market regulation bill over several key components. The Committee’s Democrat wing, led by Senator Elizabeth Warren, argues that the bill would endanger Americans’ retirement savings and increase the risks of an economic meltdown….
Do Kwon, founder of Terraform Labs, will plead guilty on several felony charges, including fraud, conspiracy, money laundering, and more. These charges, in total, could result in a maximum sentence of 100 years. It’s unclear whether he intends to make a plea deal or rely on the courts’ mercy. A Potential Plea Deal For Do…