Montana lawmakers shot down a bill that would have enabled the state government to invest in Bitcoin (BTC) as a reserve asset. Forty Republicans and one Democrat in Montana’s House of Representatives voted for the bill, but 41 Democrats and 18 Republicans rejected it. The bill, which passed a committee vote last week, would have […]
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The top securities regulator in the United States is dropping its investigations into leading retail trading app Robinhood. According to a new announcement from Robinhood, the U.S. Securities and Exchange Commission (SEC) is dropping its investigation into the trading app less than a year after sending the firm a Wells Notice. The SEC sent Robinhood […]
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A network of groups representing the American financial industry is calling on the White House’s crypto czar David Sacks to include federal regulators in the President’s Working Group (PWG) on digital assets. In a letter to Sacks, the American Bankers Association, the Financial Services Forum, the Bank Policy Institute, The Clearing House, the Association of […]
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The U.S. Securities and Exchange Commission (SEC) has withdrawn its probe into the non-fungible token (NFT) marketplace OpenSea as the federal government concludes its war on crypto. According to a post from OpenSea CEO Devin Finzer on the social media platform X, the SEC is ending its investigation into the company. “The SEC is closing […]
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Big banks are quietly scrubbing the public record of their diversity, equity and inclusion (DEI) policies following US President Donald Trump’s upheaval of the controversial practice. Citing banking executives, lawyers and other insiders familiar with the matter, The Wall Street Journal reports that JPMorgan Chase, Citigroup and Morgan Stanley are all “watering down” their language […]
The post JPMorgan Chase, Wells Fargo, Bank of America, Citigroup and Morgan Stanley Examining or Eliminating DEI Language After Trump’s Executive Order: Report appeared first on The Daily Hodl.
The U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce says that the public’s input is necessary to bring greater crypto clarity. In a statement, the longest-serving commissioner on the board asks for public feedback on key areas that can establish clear rules of the road for the crypto industry. “This document invites such input […]
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New documents reveal that a Montana bill to use Bitcoin (BTC) as a reserve asset is heading toward the state’s House of Representatives for a vote. According to legislative tracking service LegiScan, Montana House Bill 429 – which would allow the state to invest in precious metals and digital assets – has passed a Committee […]
The post Montana Bitcoin (BTC) Reserve Bill Passes Out of Committee Stage, Heads Toward State House Floor Vote appeared first on The Daily Hodl.
The Senate Committee on Banking, Housing and Urban Affairs has scheduled a crypto hearing next Wednesday to explore “bipartisan legislative frameworks” for the digital asset sector. The hearing’s witnesses will include Lewis Cohen, a crypto lawyer and partner at Cahill Gordon & Reindel LLP; Jonathan Jachym, Kraken’s deputy general counsel and global head of policy […]
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The U.S. Securities and Exchange Commission (SEC) is dropping a lawsuit against the top US-based crypto exchange, according to a new Coinbase blog post. Coinbase says the SEC has agreed “in principle” to dismiss its case with Commissioner approval. According to Coinbase, the suit being dropped should be viewed as a “major win for the […]
The post SEC Drops Enforcement Lawsuit Against Against Top US Crypto Exchange, ‘Righting a Major Wrong’: Coinbase appeared first on The Daily Hodl.
Laura D’Allaird has been appointed chief of the U.S. Securities and Exchange Commission’s new crypto watchdog, said the SEC in a new announcement. The SEC says the new Cyber and Emerging Technologies Unit (CETU) will replace the old Crypto Assets and Cyber Unit. CETU says it will “combat misconduct” relating to securities in the areas […]
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