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
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
Clarity Act stalls as Senate runs out of time before August recess
The U.S. crypto industry’s push for comprehensive market-structure legislation is facing another delay as the Senate approaches its August recess without a final deal on the CLARITY Act. … [Read more...] about Clarity Act stalls as Senate runs out of time before August recess
Stablecoins take center stage as regulators and institutions shape crypto’s future
The cryptocurrency industry's attention remains firmly fixed on stablecoins as regulators, financial institutions, and blockchain companies intensify efforts to shape the future of digital payments. … [Read more...] about Stablecoins take center stage as regulators and institutions shape crypto’s future
Senate unveils latest Clarity Act draft as crypto market rules head to markup
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
Chainlink brings U.S. stock market data onchain
Chainlink has launched a major expansion of its Data Streams product, bringing 24/5 U.S. equities and exchange-traded fund (ETF) market data onchain and opening access to the roughly $80 trillion U.S. stock market for decentralized finance applications. … [Read more...] about Chainlink brings U.S. stock market data onchain
Texas becomes first U.S. state to purchase bitcoin for strategic reserve
Texas has officially become the first U.S. state to acquire Bitcoin for a government strategic reserve, purchasing $5 million worth of the digital asset on November 20 at roughly $87,000 per BTC. The move was confirmed by Lee Bratcher, president of the Texas Blockchain Council, who said the initial allocation was executed through BlackRock’s iShares Bitcoin Trust (IBIT) while … [Read more...] about Texas becomes first U.S. state to purchase bitcoin for strategic reserve