Banks fund crypto attack ads across Washington as over 3,000 banks unite to stop Clarity Act passing Senate
A recent American Bankers Association (ABA) ad running across Washington shows a clear edge in a campaign that has been…
Category: Legal
Global stablecoin rulemaking slows, prompting BIS to urge cooperation to avoid fragmentation risks
Work on global standards for stablecoins has slowed over the past year, raising concern among central bankers that gaps in…
No More Suing: SEC Chair Paul Atkins Swaps Lawsuits for ‘ACT’ Strategy
In a move that has the crypto world exhaling a collective sigh of relief, SEC Chairman Paul Atkins officially declared…
Kalshi faces state courts over illegal gambling claims
Kalshi may soon be at the center of the conversation, as stock markets reached all-time highs last week, though the…
U.S. CLARITY Act stablecoin bill faces May delay amid bank pushback
U.S. CLARITY Act faces a May delay as banks fight stablecoin yields, clashing with a White House report that says…
Pay Close Attention This Week: We’re in a Critical Period for Cryptocurrencies—Here’s Why
A critical week has begun for the CLARITY Act, which is expected to shape regulations for the cryptocurrency market in…
Michigan Attorney General Rejects DOJ Request for Detroit Ballots in Broader Federal Election Push
US election news arrived Sunday when Michigan Attorney General Dana Nessel formally rejected a Department of Justice demand for ballots…
The Banks Would Like To Dye Your Stablecoins Pink
If you are a bank, your core business model is quite elegant. You take people’s money, you pay them zero…
Historic First Year: SEC Under Atkins Resets Crypto Policy With Focus on Clarity and Growth
The SEC is positioning its first year under Paul Atkins as a turning point toward clearer regulation and stronger markets.…
Everyone Celebrated The GENIUS Act. Nobody Read The Compliance Section.
Treasury’s new compliance rules for stablecoin issuers carry the same obligations as a bank charter. Most issuers can’t afford that.…