At least five crypto companies have shuttered this week as a prolonged downturn in the crypto market has put downward pressure on user activity and investor funding. Crypto trading card platform Fantasy.top, cross-blockchain infrastructure company […]
Two Texas Congressional candidates supported by millions of dollars in spending from interest groups aligned with the cryptocurrency industry are headed for runoffs this week in races for the US Senate and House of Representatives. […]
Key Takeaways Regulators moved to set compliance standards for FDIC-supervised payment stablecoin issuers.Proposed requirements include AML/CFT programs, sanctions controls, reporting, and enforcement procedures.The proposal would establish a federal enforcement framework for stablecoin issuers tied to […]
Galaxy Digital founder Mike Novogratz appeared in court on Tuesday to face off against BitGo CEO Mike Belshe in a long-running legal fight over a failed proposed $1.2 billion merger in 2021. The planned deal […]
Update (May 22 at 7:40 pm UTC): This article has been updated to include statements from Polymarket and Kalshi. The chair of the US House of Representatives’ Oversight and Government Reform Committee sent letters to […]
Key Takeaways South Africa’s National Treasury and SARB extended the capital-flow comment deadline to June 30, 2026.VALR CEO Farzam Ehsani warned the draft rules risk reversing years of regulatory progress in the sector.Treasury will next […]
AI Financial Corp., a World Liberty Financial token treasury company, said its working capital deficit and liabilities are casting significant doubt on its ability to continue over the next year. The company, which has World […]
Massachusetts Senator Elizabeth Warren accused Office of the Comptroller of the Currency’s (OCC’s) Jonathan Gould of violating banking laws by approving national trust charters for cryptocurrency companies. In a Monday letter to Gould, Warren said […]
Key Takeaways CLARITY faces several remaining hurdles after gaining Senate committee support in a 15-9 vote, Grayscale says.Lawmakers must combine it with another Senate crypto bill before resolving differences with the House version.Senate passage may […]
The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could have a positive ripple effect beyond the crypto sector itself, according to venture capital firm a16z crypto. “If […]
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