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Senator Lummis Reportedly Wants U.S. Federal Reserve To Hold Bitcoin

Senator Lummis Reportedly Wants U.S. Federal Reserve To Hold Bitcoin

Lummis is reportedly drafting a bill instructing The Fed to hold BTC as a reserve asset alongside gold and foreign currency.

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Senator Lummis Reportedly Wants U.S. Federal Reserve To Hold Bitcoin

Senator Lummis Reportedly Wants U.S. Federal Reserve To Hold Bitcoin

Lummis is reportedly drafting a bill instructing The Fed to hold BTC as a reserve asset alongside gold and foreign currency.
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Analysts Call For Pro-Crypto Pivot From Democrats After Biden Steps Down

Analysts Call For Pro-Crypto Pivot From Democrats After Biden Steps Down

Political memecoins suffered violent volatility after Biden bowed out of the race, with Biden-themed tokens tanking in response to the news.
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South Korea's Ruling Party Proposes to Delay Crypto Taxes by Three Years

The Asian nation awaits the Ministry of Economy and Finance’s decision on the proposed tax delay to January 1, 2028.
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SEC Drops Investigation into Stablecoin Issuer Paxos

SEC Drops Investigation into Stablecoin Issuer Paxos

The move comes just two weeks after a U.S. federal judge ruled that BUSD does not comprise a security.
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CFTC Chair Asserts At Least 70% of Crypto Assets Are Not Securities

CFTC Chair Asserts At Least 70% of Crypto Assets Are Not Securities

Behnam urged Congress to grant the agency more authority over digital assets.
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BitMEX Pleads Guilty to Bank Secrecy Act Violations

BitMEX Pleads Guilty to Bank Secrecy Act Violations

The company admitted to failing to establish an adequate anti-money laundering (AML) program.
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Paxful's Co-Founder Pleads Guilty to Anti-Money Laundering Charges

Paxful's Co-Founder Pleads Guilty to Anti-Money Laundering Charges

Schaback faces up to five years in prison and will face sentencing on Nov. 4.
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Trump Doubles Down On Pro-Crypto Pivot In RNC-Backed Policy Doc

Trump Doubles Down On Pro-Crypto Pivot In RNC-Backed Policy Doc

The Republican policy platform takes aim at the Democrat Party for waging an “unAmerican” crypto crackdown in recent years.
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U.S. Court Rules Two Obscure Altcoins Are Commodities

U.S. Court Rules Two Obscure Altcoins Are Commodities

The news followed a long-lasting dispute between the SEC and CFTC over when a cryptocurrency is a commodity or security.
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Crypto Celebrates Court Dismissing SEC Claims That Secondary BNB Sales Aren't Securities

Crypto Celebrates Court Dismissing SEC Claims That Secondary BNB Sales Aren't Securities

Legal experts describe the ruling as a significant victory over the SEC for the web3 sector.