The U.S. Senate Banking Committee has released the latest text of the Digital Asset Market Clarity Act, putting one of Washington’s most closely watched crypto market-structure bills back on the legislative calendar. … [Read more...] about Senate unveils latest Clarity Act draft as crypto market rules head to markup
Tether Reports $1.04 Billion Profit as Reserves Climb to Record
Tether International said first-quarter profit reached $1.04 billion and excess reserves rose to a record $8.23 billion, as demand for its dollar-pegged stablecoin held steady amid volatile markets. … [Read more...] about Tether Reports $1.04 Billion Profit as Reserves Climb to Record
European banks deepen move into crypto infrastructure as Societe Generale expands services to crypto firms
French lender Société Générale is broadening services for crypto firms through its digital-asset arm SG-Forge, another sign that major European banks are moving from experimentation toward deeper involvement in blockchain-based finance. … [Read more...] about European banks deepen move into crypto infrastructure as Societe Generale expands services to crypto firms