The U.S. Securities and Exchange Commission and Commodity Futures Trading Commission are moving ahead with separate initiatives to reshape digital-asset markets, days after the Senate failed to advance a sweeping crypto market-structure bill. … [Read more...] about SEC and CFTC move ahead with crypto rules as Congress stalls
U.S. Senate rejects Clarity Act in setback for crypto regulation
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