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Regulation

Banks Sound Alarm as Senate Prepares CLARITY Act Markup

Banks Sound Alarm as Senate Prepares CLARITY Act Markup

The Senate Banking Committee is set to mark up the sweeping crypto market structure bill on Thursday.
US Judge Bans Celsius Founder Mashinsky From Any Product Involving 'Assets'

US Judge Bans Celsius Founder Mashinsky From Any Product Involving 'Assets'

The Federal Trade Commission settlement decision also ordered Mashinsky to pay the commission $10 million.
New York Attorney General Sues Coinbase, Gemini Over Unlicensed Prediction Markets

New York Attorney General Sues Coinbase, Gemini Over Unlicensed Prediction Markets

New York AG Letitia James filed suit against Coinbase and Gemini, alleging their prediction market platforms constitute illegal gambling operations lacking state licenses.
Coinbase CEO Brian Armstrong Backs Treasury Secretary Scott Bessent's CLARITY Act Push

Coinbase CEO Brian Armstrong Backs Treasury Secretary Scott Bessent's CLARITY Act Push

Coinbase CEO Brian Armstrong publicly supported Treasury Secretary Scott Bessent's call to pass the CLARITY Act, citing the urgency of crypto regulation.
FDIC Approves Proposed Rule Under GENIUS Act

FDIC Approves Proposed Rule Under GENIUS Act

The Federal Deposit Insurance Corporation a proposed rule that would establish a framework for stablecoin issuers supervised by the FDIC.
Coinbase Joins Crypto Bank Trust Wave, Landing Conditional Approval From the OCC

Coinbase Joins Crypto Bank Trust Wave, Landing Conditional Approval From the OCC

Coinbase got conditional approval from the OCC for its trust, a step toward federal oversight for its offerings to replace the current state by state licensing approach.
Brazil's New Anti-Gang Law Lets Authorities Liquidate Seized Crypto to Fund Police Operations

Brazil's New Anti-Gang Law Lets Authorities Liquidate Seized Crypto to Fund Police Operations

Law No. 15,358 gives judges sweeping power to freeze digital assets during investigations as Brasília takes a "financial strangulation" approach to organized crime.
UK Bans Crypto Donations to Political Parties, Citing Foreign Interference Risk

UK Bans Crypto Donations to Political Parties, Citing Foreign Interference Risk

An independent government review warned that crypto assets could channel foreign money into British politics.
Tether Engages Big Four Firm for First Full Audit

Tether Engages Big Four Firm for First Full Audit

The issuer of the largest stablecoin by market cap has been under scrutiny for years for not conducting a full financial audit
Banks vs. crypto cover image

US Bank Lobby Considers Suing OCC Over Crypto Firms' Banking Charters: Report

The Bank Policy Institute is reportedly weighing filing a lawsuit against the OCC over it granting more bank trust charters to crypto firms.