A gaggle of House Republicans is urgent the Securities and Exchange Commission (SEC) to swiftly perform President Donald Trump’s not too long ago signed govt order that would deliver Bitcoin into 401(ok) retirement plans. The order may develop entry to Bitcoin in 401(ok) retirement plans and different various property, giving tens of millions of Americans…
Nine House Financial Services Committee members urged the Securities and Exchange Commission (SEC) on Monday to implement President Donald Trump’s Aug. 7 govt order. The order might enable Americans to put money into cryptocurrencies via 401(ok) plans. The coalition, led by Committee Chairman French Hill and Subcommittee on Capital Markets Chair Ann Wagner, highlighted the…
South Korea’s Financial Intelligence Unit (FIU) reported over 36,000 suspicious cryptocurrency transactions from January to August 2025, surpassing the mixed determine for the earlier two years. The regular rise reveals rising dangers of cash laundering and foreign-exchange schemes that use stablecoins and different digital belongings. As home cryptocurrency buyers exceed 10 million, officers are urging…
Vietnam’s latest determination to delete over 86 million financial institution accounts underscores rising considerations over centralized management of non-public funds. As biometric verification turns into necessary, critics argue that the sweeping closures expose the vulnerability of conventional banking. The occasion has sparked renewed curiosity in decentralized options equivalent to Bitcoin, which operates independently of presidency…
The Commodity Futures Trading Commission (CFTC) announced on September 19 that it has added a number of new members to its Global Markets Advisory Committee (GMAC) and subcommittees, aiming to strengthen oversight of digital property. The transfer highlights the company’s efforts to maintain up with the fast-evolving digital asset market. Only one energetic commissioner, Caroline…
The U.S. Treasury Department launched a proper course of to rework the newly enacted GENIUS Act into a framework of laws for stablecoins, inviting the general public and crypto trade to weigh in on key compliance points. The division opened an advance notice of proposed rulemaking on Sept. 18, step one in gathering suggestions earlier…
The US Treasury is continuous to organize for the GENIUS Act, opening a second window for public remark. This will permit stakeholders to present suggestions on doable implementation plans. After regulators finalize a plan to effectuate this regulation, a speedy deadline will instantly start. Therefore, that is one other non-binding step to present officers and…
The crypto trade is going through criticism for inadequate assist of free speech. After Charlie Kirk’s homicide final week, the group has been silent on Trump’s new wave of McCarthyist mass firings. Many of the identical personalities who spent President Biden’s time period defending free speech are both silent or actively gloating about this case….
Kenya’s former Prime Minister was apparently hacked to advertise a rip-off token challenge. The announcement submit on his X profile was deleted, and its video was nearly definitely a deepfake. The challenge’s identify and branding intently resemble one other semi-official challenge with evident crimson flags. This complicated quagmire raises many remaining questions. What is Kenya…
Australia’s monetary regulator has launched its first exemption for intermediaries distributing licensed stablecoins, underscoring the nation’s drive to foster innovation whereas tightening oversight in digital belongings. The Australian Securities and Investments Commission (ASIC) introduced on September 18 that it granted class aid to intermediaries dealing with stablecoins issued beneath an Australian Financial Services (AFS) licence….