U. S. banks are in a tough spot. President Trump recently suggested capping credit card interest rates at 10% for a year. This idea has sparked confusion and concern across the finance industry. The announcement came with no clear plan on how to enforce it. Banks are left wondering what to do next.
Starting in 2027, Estonia is set to keep a closer eye on crypto transactions. The country's crypto-asset service providers will have to report transactions to the Tax Board. This isn't just about keeping tabs on money. It's about understanding the value of crypto at the time of the trade. Plus, they
The crypto world is in a bit of a mess right now. A big law called the Clarity Act, which was supposed to make rules for crypto, has hit a snag. This has made crypto prices go up and down like a rollercoaster. The law was a big deal. It had almost 300 pages and was supposed to be talked about in a
South Korea is making big changes to how people can access crypto. They are tightening rules and using app stores to enforce them. This is part of a bigger plan to create a legal framework for crypto and blockchain-based finance. The country has passed new laws that define security token offerings
Michael Kratsios, leading the White House Office of Science and Technology Policy (OSTP), recently spoke at a House hearing. He emphasized the U. S. government's focus on artificial intelligence (AI) and its plans to stay ahead in the global AI race. Kratsios highlighted two key initiatives: "Winnin
New York is stepping up its game against unlicensed crypto businesses. The state wants to make operating without a license a criminal offense, not just a fine. This move comes as crypto is increasingly used for illegal activities, and current penalties aren't stopping the underground market. The ne
The blockchain world is growing up in 2026. After years of uncertainty, U. S. rules are now clearer. This shift is pushing blockchain from hype to real-world use. Stablecoins, digital tokens tied to the dollar, are now more trusted. They must follow strict rules, like regular checks and transparenc
Bitcoin and Ethereum, the leading names in the cryptocurrency space, had a quiet Friday after a strong start to the week. Bitcoin peaked at $94, 600 on Wednesday and was trading near $95, 300, marking a 4. 6% increase for the week. Ethereum also saw gains, rising 5. 9% to $3, 250. However, trading
Senator Elizabeth Warren has raised eyebrows by highlighting former Representative Carolyn Maloney's new job in the crypto world. Maloney recently joined the Coalition for Prediction Markets, a group that includes big names like Kalshi, Crypto. com, and Robinhood. The coalition's main goal is to pus
The Senate Banking Committee had big plans to vote on a major crypto law, but things didn't go as expected. The CLARITY Act, which aims to set rules for the crypto market, was supposed to be voted on, but it got delayed. Why? Well, some big names in the crypto world pulled their support, and there w
