The U.S. Senate on Tuesday failed to advance the Clarity Act, leaving a sweeping effort to establish a federal regulatory framework for digital assets stalled in Congress. … [Read more...] about U.S. Senate rejects Clarity Act in setback for crypto regulation
UK regulator explores tokenised gold for financial markets
Britain’s Financial Conduct Authority is examining whether gold should move onto blockchain-based infrastructure, opening a consultation on the potential use of tokenised gold in UK financial markets. … [Read more...] about UK regulator explores tokenised gold for financial markets
Block seeks federal bank charter for Bitcoin and stablecoin custody
Jack Dorsey’s Block is seeking a federal banking charter to bring its Bitcoin and stablecoin custody business under direct U.S. regulatory supervision, another sign that digital-asset companies are moving deeper into the traditional financial system. … [Read more...] about Block seeks federal bank charter for Bitcoin and stablecoin custody
Iran turns to Bitcoin, Tether as sanctions squeeze financial system
Iran is turning to Bitcoin and Tether as sanctions and a tightening economic blockade make it increasingly difficult for the country to access conventional international financial networks. … [Read more...] about Iran turns to Bitcoin, Tether as sanctions squeeze financial system
Goldman Sachs, BofA and 19 banks join forces to launch stablecoin in 2027
Some of the world’s biggest banks are joining forces to launch a U.S. dollar-backed stablecoin in the first half of 2027, taking a collective leap into a market that has largely been dominated by crypto companies. … [Read more...] about Goldman Sachs, BofA and 19 banks join forces to launch stablecoin in 2027