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Browsing Category
Regulations
Winklevoss twins donate $21M to new crypto PAC targeting 2026 midterms
Gemini founders Cameron and Tyler Winklevoss donated 188.4547 Bitcoin (BTC) worth $21 million to establish a new political action committee.Tyler announced the Digital Freedom Fund PAC on Aug. 20, positioning the group as a vehicle to…
Fed discusses stablecoins extensively in recent FOMC meeting following GENIUS Act passage
Federal Reserve officials focused significantly on stablecoins during their July 29-30 meeting, analyzing potential impacts on the financial system following the passage of the GENIUS Act.In the minutes released on Aug. 20, the members of…
UK crypto investors face banking barriers amid regulatory tension
Four in 10 crypto investors in Britain reported that their banks blocked or slowed payments to digital asset platforms, highlighting growing tension between traditional finance and the country’s crypto sector.The findings come from an IG…
UK targets Russian crypto ties in new sanctions wave
The UK government has imposed new sanctions on entities tied to Russia’s use of cryptocurrencies to bypass Western restrictions.In an Aug. 20 statement, UK authorities said Russia has turned to Kyrgyz financial institutions and opaque…
Brazil to hold first hearing on proposed $19 billion Bitcoin Strategic Reserve
Brazil’s Chamber of Deputies Economic Development Commission will hold its first hearing on Aug. 20 to examine a proposal to establish a Bitcoin Strategic Reserve (RESBit) worth up to $18.6 billion.As Agência Câmara de Notícias reported,…
Federal Reserve says US banks should serve crypto without fear of penalties
Federal Reserve Vice Chair for Supervision Michelle Bowman acknowledged that crypto firms experienced debanking due to regulatory uncertainty.During the Wyoming Blockchain Symposium on Aug. 19, Bowman also announced a fundamental shift in…
Senate Banking Chairman Tim Scott predicts up to 18 Democrats to break ranks on sweeping crypto law
Senate Banking Committee Chairman Tim Scott reportedly predicts that 12 to 18 Democrats will support comprehensive crypto market structure legislation.According to Aug. 19 reports, Scott is conducting individual meetings with Democratic…
Wyoming launches FRNT, the first US state-issued stablecoin
Wyoming has introduced the Frontier Stable Token (FRNT), the first stablecoin created and issued by a US government entity, according to an Aug. 19 announcement.Formerly called the Wyoming Stable Token (WYST), FRNT aims to deliver fast,…
Trump blasted for ‘bro’ culture as Illinois Governor enacts tough crypto rules shaking…
Illinois Governor JB Pritzker criticized President Donald Trump for allowing crypto insiders to shape federal policy, saying the approach puts investors at risk.In an Aug. 18 post on X, Pritzker contrasted Trump’s approach to his state’s…
SEC delays decisions on several crypto ETFs amid work on streamlined approval process
The Securities and Exchange Commission (SEC) delayed decisions on nine crypto exchange-traded fund (ETF) applications on Aug. 18.The delays extended review periods for products related to digital assets, spanning Bitcoin, XRP, Litecoin,…
