Key Takeaways In a historic move, the United States Federal Reserve has formally announced it will no longer use “reputational risk” as a factor in evaluating the conduct and supervision of banks under its jurisdiction. The decision is expected to…
Key Takeaways Spokane, Washington, has enacted a citywide ban on cryptocurrency ATMs, becoming the first jurisdiction in the state to do so. The decision follows a unanimous vote by the Spokane City Council on Monday, citing an alarming rise in…
Key Takeaways In a landmark development for the U.S. crypto industry, the Digital Asset Market Clarity Act—known as the CLARITY Act—has successfully passed through two critical House committees and will now advance to the full House of Representatives for consideration.…
Key Takeaways Lawmakers on the House Financial Services Committee are set to meet Tuesday for a markup hearing on a major crypto market structure bill that includes new protections for blockchain software developers. The latest draft of the Digital Asset…
Key Takeaways A Texas lawmaker is calling on the federal government to install cryptocurrency ATMs in public buildings, framing the move as a step toward financial modernization amid the backdrop of increasing scrutiny for crypto kiosks. In a letter sent…
Key Takeaways Caitlin Long, CEO of Custodia Bank, accused the Federal Reserve of misleading the public by pretending to ease crypto regulations while quietly preserving the most critical restrictions. In a detailed thread post on X, Long said the Fed…
Key Takeaways Senator Cynthia Lummis criticized the Federal Reserve’s recent decision to roll back several crypto-related supervisory directives, calling the move “just noise, not real progress.” In a statement posted on X on April 25, Lummis accused the Fed of…
Key Takeaways Crypto.com announced on Thursday that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the exchange and will not pursue enforcement action. The SEC has not issued a public statement regarding the closure of the…
Key Takeaways Wyoming has begun testing its state-issued stablecoin, the Wyoming Stable Token (WYST), across multiple blockchain networks, with a full launch expected by July 2025. Governor Mark Gordon and Wyoming Stable Token Commission Executive Director Anthony Apollo provided updates…
Key Takeaways Kentucky Governor Andy Beshear has signed House Bill 701, dubbed as the “Bitcoin Rights” bill, into law, providing added protections for crypto users and miners in the state. The law ensures the right to self-custody digital assets, operate…
