Key Takeaways In a significant development, the US Department of Justice announced on Thursday that it has frozen, seized, and forfeited more than $578 million worth of digital assets stolen by Chinese transnational criminal organisations running cryptocurrency fraud schemes against…
Key Takeaways Senior US senators with oversight of federal criminal prosecution have challenged key cryptocurrency market structure legislation, arguing that developer protections embedded in the bill would cripple law enforcement’s ability to pursue unlicensed money transmission cases. Chuck Grassley, the…
Key Takeaways More than 200 community bank executives have called on the US Senate to revise federal stablecoin legislation, arguing that crypto platforms are circumventing restrictions designed to prevent yield-bearing digital tokens from competing with traditional bank deposits. The American…
Key Takeaways In a major development that could have wider ramifications for the digital asset sector, Investment bank TD Cowen has cautioned that political calculations surrounding the 2026 midterm elections could significantly postpone passage of CLARITY Act– a key crypto…
Key Takeaways In a major regulatory development, a new discussion draft circulating in the US House of Representatives proposes changes to how crypto users are taxed, with a focus on small stablecoin payments and income generated through staking and mining.…
Key Takeaways Reports have emerged hinting that the U.S. Federal Deposit Insurance Corporation is preparing to outline how deposit insurance might apply in a tokenized environment, as the agency’s acting chair signaled new guidance and a potential application track for…
Key Takeaways A new draft bill released by House Republicans on May 5 proposes a sweeping overhaul of digital assets regulation in the United States. Titled as a discussion draft for public feedback, the proposal seeks to draw definitive lines…
Key Takeaways In a significant development, Trump Media and Technology Group (TMTG), the operator of Truth Social, reported a net loss of $54.8 million in the third quarter, widening from $19.3 million a year earlier. The company said rising costs…
Sherrod stated that cryptocurrencies are “dangerous” and a “threat to national security.”
Key Takeaways Leading crypto exchange, Kraken pledged $2 million to two politically aligned groups as part of what it calls an ongoing battle to defend core crypto freedoms in the US. Taking to X, Kraken Co-CEO Arjun Sethi in a…
