Trump says “the GENIUS Act is being threatened and undermined by the banks”, which are holding the CLARITY Act hostage, as they oppose stablecoin yield payouts
U.S. President Donald Trump said in a post on Truth Social that the banking industry is trying to undermine the stablecoin bill he signed into law last year.
Sources: President Trump met with Coinbase CEO Brian Armstrong on March 3 before publicly bashing banks for their GENIUS Act stance, echoing Coinbase's position
Jasper Goodman /Politico:
The US starts publishing GDP data on nine public blockchains including Bitcoin, Ethereum, and Solana, with the help of Coinbase, Kraken, and Gemini
together with DOC, we're showing how. David Tso / @davidtsocy : Coinbase is partnering with the U.S. Department of Commerce to bring official government macroeconomic data onchain ...
The US House passes the GENIUS Act, sending the stablecoin bill to Trump for his signature, and advances two other crypto bills to the Senate for consideration
The U.S. House of Representatives on Thursday passed a bill to create a regulatory framework for U.S.-dollar-pegged cryptocurrency tokens known …
The US SEC says proof-of-work crypto mining doesn't trigger federal securities laws and mining operators do not need to register their transactions with the SEC
In a staff statement published Thursday, the SEC said that both solo mining and mining pool operations would fail the first prong of the Howey Test.
US Treasury Secretary Scott Bessent orders the CFPB to stop activities, like rulemaking, communications, and litigation; in November, Musk said to “delete CFPB”
Search by Topic — Treasury Secretary Scott Bessent has shut down a wide variety of operations inside …
Trump picks former SEC Commissioner Paul Atkins, who is seen as a strong advocate for looser regulation of crypto assets, to succeed Gary Gensler as SEC Chair
Mr. Atkins, a pro-business conservative, would likely take a lighter regulatory approach than the current chair of the Securities and Exchange Commission.
The CFPB will supervise tech companies with digital wallets, like Apple Pay, Google Pay, and Venmo, with 50M+ annual transactions, treating them more like banks
the Biden/Warren crew just enacted this to stop @X from becoming a payments juggernaut. Wow, a whole new 259-page rule aimed at X...yet more lawfare against you.👊 (Congress can & p...
The CFPB will supervise tech companies with digital wallets, like Apple Pay, Google Pay, and Venmo, with 50M+ annual transactions, treating them more like banks
the Biden/Warren crew just enacted this to stop @X from becoming a payments juggernaut. Wow, a whole new 259-page rule aimed at X...yet more lawfare against you.👊 (Congress can & p...
eToro USA agrees to pay $1.5M and limit US user trading to Bitcoin, Bitcoin Cash, and Ether to settle SEC allegations that it operated as an unregistered broker
except Bitcoin, Bitcoin Cash, and Ether: https://www.sec.gov/... Adam Cochran / @adamscochran : 1/9 The SEC settlement with eToro seems super weird at first, and a bit alarming. Bu...
Coinbase files two lawsuits against the US SEC and the FDIC for not complying with FOIA requests; one of the FOIA requests is about how the SEC views ether
instead of waiting to be picked on, Coinbase deals with the bully in the best way possible, a direct confrontation. LinkedIn: David Brill : Coinbase Sues SEC and FDIC Over Alleged ...
[Thread] After the SEC approved Prometheum's SPBD for digital assets, a look at CEO Aaron Kaplan's bizarre Congressional testimony and issues with the SPBD
This Prometheum storyline has got to be the strangest thing I have seen in awhile in this industry. Has anyone actually looked into this? Beyond bizarre...
A look at the similarities and differences between the SEC's lawsuits against Coinbase and Binance, as the SEC views every crypto exchange in the US as illegal
SEC v. Crypto — “A decent rule of thumb,” I wrote in March, “is that all cryptocurrency exchanges are doing crimes …
The US SEC charges Avraham Eisenberg with manipulating Mango Markets' governance token MNGO to steal $116M of crypto assets and says MNGO was sold as a security
- The SEC brought charges against Avraham Eisenberg on Friday after the U.S. securities regulator said Eisenberg stole $116 million from Mango Markets.
Sources: Alameda secretly loaned $43M to LLCs tied to The Block CEO Michael McCaffrey, used in part to buy and run the crypto news site; McCaffrey resigns
The Block, a media company that says it covers crypto news independently, has been secretly funded for over a year with money funneled …
Sources: LLCs tied to the CEO of crypto news site The Block secretly received $43M in Alameda loans, used in part to buy and run the site; CEO has now resigned
The Block, a media company that says it covers crypto news independently, has been secretly funded for over a year with money funneled …
The SEC plans to add 20 investigators and litigators to its Crypto Assets and Cyber Unit, created in September 2017 to investigate fraud, taking it to 50 staff
ancient crypto curse https://www.wsj.com/... @cmsholdings : A more dovish take here is that crypto has more than doubled in size especially headcount / projects / notional traded p...
The SEC plans to add 20 investigators and litigators to its Crypto Assets and Cyber Unit, created in 2017 to monitor crypto fraud, taking it to 50 personnel
Agency to add 20 staffers to help tighten scrutiny of unregulated $1.7 trillion cryptocurrency market Source: U.S. Securities … .