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Browsing Category
Regulations
Pennsylvania bill bans public officials from crypto transactions, mandates disclosures
Pennsylvania lawmakers introduced new legislation on Aug. 20 that will require public officials to disclose digital asset holdings exceeding $1,000 and divest anything above that threshold within 90 days of the bill coming into effect. The…
US explores radical legal tool to fight overseas crypto thefts
US Representative David Schweikert has introduced legislation granting the President authority to act against crypto criminals operating abroad.The bill, filed as House Resolution (H.R. 4988), invokes the rarely used concept of “letters of…
Crypto groups endorse Brian Quintenz for CFTC amid regulatory standoff with banks
The Crypto Council for Innovation (CCI) and the Blockchain Association jointly issued a letter on Aug. 20 endorsing Brian Quintenz for Chairman of the US Commodity Futures Trading Commission (CFTC).In the letter to President Donald Trump,…
BNB treasury company faces delisting from Nasdaq on Aug. 21
Windtree Therapeutics, a struggling biotech firm that rebranded itself around holding BNB reserves, is set to be delisted from the Nasdaq after its stock collapsed below the exchange’s minimum price requirement.According to a filing with…
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…
