Lawmakers are demanding urgent FDIC action to end “debanking,” warning that unchecked regulatory power threatens financial access and could be weaponized against lawful businesses. 5 Recommendations to End ‘Debanking’: Congress Pressures FDIC to Act Now House Financial Services Committee Chairman French Hill, along with Representatives Dan Meuser, Andy Barr, and Bryan Steil, have urged the […]
The potential savings of the Department of Government Efficiency (DOGE), helmed by Elon Musk, could be used to purchase bitcoin, setting the basis for establishing a strategic bitcoin reserve in the U.S. Proposal: DOGE Savings Should Be Used to Purchase Bitcoin The utilization of the potential savings derived from the activities of the Department of […]
The SEC’s new unit aims to crack down on crypto fraud, targeting scams and unauthorized account takeovers while promoting responsible digital asset growth. SEC Introduces Cyber and Emerging Technologies Unit to Tackle Crypto Fraud The U.S. Securities and Exchange Commission (SEC) has announced the establishment of the Cyber and Emerging Technologies Unit (CETU) to combat […]
The U.S. seeks to forfeit millions in crypto from a Binance account, alleging wire fraud and money laundering tied to a fraudulent investment scheme. US Government Moves to Forfeit Crypto Seized from Binance Account The U.S. government has initiated a civil forfeiture action against cryptocurrency holdings seized from a Binance account, alleging their involvement in […]
The SEC’s decision to drop its dealer rule lawsuit appeal marks a major victory for the crypto industry, ending a legal battle over regulatory overreach and signaling change. A Win for the Crypto Industry The U.S. Securities and Exchange Commission (SEC) has voluntarily dropped its appeal in the lawsuit challenging the dealer rule, securing a […]
China’s holdings of U.S. Treasuries have fallen to a 15-year low, driven by a preference for less visible accounts and a desire to reduce reliance on the U.S. financial system. Geopolitical Tensions Fuel China’s Treasury Shift The amount of U.S. Treasuries held by China has dropped to its lowest level since 2009. The decline is […]
Microstrategy, now rebranded as Strategy, is raising $2 billion to fuel its next major bitcoin acquisition, doubling down on its position as the largest corporate holder of BTC. Strategy Raises $2 Billion and Prepares for Its Next Big Bitcoin Move Software intelligence firm Microstrategy (Nasdaq: MSTR), now rebranded as Strategy, has signaled an imminent bitcoin […]
Coinbase is urging Congress to act fast, outlining six priorities to fix broken crypto laws, protect consumers, and stop blockchain innovation from fleeing overseas. 6 Priorities Coinbase Is Pushing to Fix America’s Broken Crypto Law Crypto exchange Coinbase (Nasdaq: COIN) is urging Congress to take action on crypto regulation, outlining six “key legislative priorities” needed […]
Crypto leaders are rallying behind Elon Musk’s DOGE initiative, offering bold suggestions to curb SEC overreach, demand accountability, and push for pro-crypto regulatory reforms. Crypto Industry Challenges SEC Amid DOGE Initiative Crypto industry leaders, including executives from Coinbase and Ripple, have responded to the Department of Government Efficiency (DOGE), an initiative led by Elon Musk, […]
Wintermute, a crypto market maker, is expanding its operations into the U.S., including opening a New York office and introducing OTC products for American customers. Wintermute Plans U.S. Expansion, Cites Trump’s Pro-Crypto Stance Wintermute, one of the largest liquidity providers in the crypto market, is set to expand into the U.S. with plans to open […]