Rural Republicans Back Banks Against Stablecoin Yields Risking CLARITY Act Passage
A fresh internal Republican divide is threatening to derail the CLARITY Act before the Senate’s critical September vote.
Pro-Crypto PAC Used Fabricated Headlines in Ads Against Florida Democratic Candidate, Report Says
A U.S. pro-cryptocurrency political action committee has been accused of using fabricated news headlines to attack a Democratic candidate in…
UK FCA in Settlement Talks with HTX Over Crypto Promotion Lawsuit
The UK Financial Conduct Authority (FCA) is reportedly in settlement discussions with cryptocurrency exchange $HTX, formerly known as Huobi, regarding…
CFTC Puts Prediction-Market Rewards Under the Microscope
The Commodity Futures Trading Commission (CFTC CFTC The 1974 Commodity Exchange Act (CEA) in the United States created the Commodity…
South Korea’s FSC and Ruling Party Hold Private Talks on Digital Asset Basic Act
South Korea’s Financial Services Commission (FSC) has resumed efforts to advance a second-stage virtual asset law, commonly referred to as…
Regulation Crypto arrives Friday: what the SEC’s 400 page proposal actually says
The SEC votes August 14 on its first formal crypto rulemaking. The proposal creates three exemption pathways, a decentralization off…
UK Lawmakers Press Banks on Crypto Access Ahead of New Rules
Probe on Banking Barriers for Crypto Access in the UK Deepens U.K. lawmakers are stepping up scrutiny of banks’ treatment…
Monaco Submits Draft Bill to Align Crypto Rules With MiCA
Evolving Beyond the 2022 Framework Monaco’s government has submitted a bill to its legislature to overhaul the Principality’s legal framework…
The Crypto Travel Rule: A U.S. VASP Compliance Guide
Any U.S. virtual asset service provider moving crypto above the applicable recordkeeping threshold must collect, verify, and transmit identifying information…
Citigroup CEO Jane Fraser Says CLARITY Act Would Strengthen Financial System, but Stablecoin Reward Provisions Need Work
Citigroup CEO Jane Fraser has expressed support for the U.S. CLARITY Act, stating that the legislation would generally benefit the…