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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.
Polymarket Seeks Full CFTC Approval for Its Main Platform: Report

Polymarket Seeks Full CFTC Approval for Its Main Platform: Report

The move would let Polymarket's primary, on-chain prediction market platform operate in the United States, rather than through its current intermediated setup with Polymarket US.
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.
Deposit Flight Concerns Over Stablecoin Yield Are 'Quantitatively Small': White House Report

Deposit Flight Concerns Over Stablecoin Yield Are 'Quantitatively Small': White House Report

A White House Council of Economic Advisers study released Wednesday concludes that banning stablecoin yield would have minimal impact on bank lending and would harm consumers.
1inch Launches Campaign to Push DeFi into US University Curricula

1inch Launches Campaign to Push DeFi into US University Curricula

The campaign includes an open letter to the deans and faculty of major U.S. business and law schools, co-signed by 20+ leading DeFi orgs.
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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.
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Tornado Cash Dev Roman Storm Could Face Retrial

A U.S. federal prosecutor has requested to retry the co-founder of the privacy-focused crypto protocol months after he received a mixed verdict.
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21Shares Launches First US Spot Polkadot ETF

21Shares has launched the first U.S. spot DOT ETF just a week after it launched one of the first spot ETFs for SUI.
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The Fed, OCC, FDIC Clarify Capital Treatment of Tokenized Securities

The U.S. federal banking agencies have issued new guidance clarifying that tokenized securities should receive the same capital treatment as traditional securities.
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Revolut, Zerohash Pursue US National Banking Charters

The global fintech applied to become a federally regulated, FDIC-insured bank, while the crypto infra firm is looking to become a national bank trust.