Tag: US
SEC Reverses Course, Withdraws Gensler’s DeFi and Custody Rules
Reading time: < 1 minuteThe SEC has officially withdrawn two major crypto-related proposals from the Gensler era, signaling a potential regulatory pivot.
Senate Nears Stablecoin Regulation Decision with June 17 GENIUS Act Vote
Reading time: < 1 minuteThe US Senate will take a critical step toward stablecoin regulation next Tuesday, June 17, with a final vote on the GENIUS Act.
Treasury’s $2T Stablecoin Projection Raises Questions as Bill Advances
Reading time: < 1 minuteWhile endorsing ambitious growth projections for dollar-backed stablecoins, Treasury Secretary Scott Bessent acknowledged significant uncertainties during Wednesday’s Senate hearing.
Senate Pushes GENIUS Stablecoin Bill Despite Warren’s Warnings
Reading time: < 1 minuteThe Senate voted 68-30 to advance the GENIUS Act, despite objections from Senator Elizabeth Warren, who slammed the bill for ignoring key amendments and failing to address risks.
Stablecoins Gain Traction as Fortune 500 Interest Jumps 3x
Reading time: < 1 minuteA Coinbase survey underscores accelerating corporate crypto adoption, with Fortune 500 stablecoin interest skyrocketing from 8% to 29% year-over-year.
Bipartisan Support Pushes Crypto CLARITY Act Toward House Vote
Reading time: < 1 minuteThe Digital Asset Market Clarity (CLARITY) Act has gained momentum in Congress after securing approval from two House committees with strong bipartisan margins.
SEC Begins Crafting Crypto-Specific Exemption Framework
Reading time: < 1 minuteSEC leadership has initiated work on a conditional exemption program for blockchain-based financial products, Chair Paul Atkins announced.
Truth Social Joins Bitcoin ETF Race With NYSE Arca Filing
Reading time: < 1 minuteThe competitive Bitcoin ETF market may soon include a new player as NYSE Arca files for a Truth Social-branded fund.
California Could Soon Accept Crypto Payments After Assembly Vote
Reading time: < 1 minuteCalifornia is one step closer to allowing cryptocurrency payments for state services after the Assembly passed AB 1180 in a 68-0 vote.
New Crypto Regulation Bill Raises Questions Amid Bipartisan Fanfare
Reading time: < 1 minuteWhile the bill’s backers tout it as a solution to years of regulatory ambiguity, skeptics warn its disclosure and compliance demands could stifle smaller market participants.