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…
Key Takeaways World Liberty Financial (WLFI), a decentralized finance initiative linked to U.S. President Donald Trump, said it intervened against attempted hacks during the launch of its token this week. The project announced that it used onchain measures to blacklist…
Key Takeaways The US Commodity Futures Trading Commission(CFTC) has moved to bolster its market oversight by deploying Nasdaq’s market surveillance technology, marking a shift away from its outdated 1990s-era system. In its press release, the regulator confirmed that Nasdaq’s platform…
Key Takeaways A federal judge in Illinois has agreed to halt proceedings in a lawsuit against crypto exchange giant Coinbase that centres on alleged violations of the state’s biometric privacy law. The decision allows the case to remain on hold…
Key Takeaways In a significant development, the Federal Reserve said it will discontinue a supervisory programme introduced in 2023 to oversee banks engaged in activities linked to crypto assets and distributed ledger technology. In a notice released on Friday, the…
Key Takeaways The White House has once again delayed the confirmation process of Brian Quintenz, President Donald Trump’s nominee to lead the Commodity Futures Trading Commission (CFTC), halting a scheduled Senate Agriculture Committee vote for the second time in a…
Key Takeaways Five U.S. Senate Democrats have opened a probe into Federal Housing Finance Agency (FHFA) Director William Pulte’s plan to allow government-backed mortgage purchasers to count crypto as an asset when assessing mortgage risk. In June, Pulte had directed…
