Coinbase officials have told senators that the new bill cannot be implemented because of worries over “stable yield language. ” This is the second time CEO Brian Armstrong has pulled back support, saying in January that a bad bill is worse than no bill at all. The proposed law would stop crypto e
The U. S. Commodity Futures Trading Commission has set up a new team to help shape rules for the fast‑growing worlds of crypto, artificial intelligence and prediction betting. The group will sit alongside existing bodies such as the Securities and Exchange Commission and its own crypto watchdog, aim
A recent decision by a U. S. regulator has changed the way crypto wallets can interact with regulated financial products. The ruling says that a wallet app does not need to become a full broker or clearing house in order to let users trade futures, options and other derivatives. Instead, the app can
Senators from both parties and the White House have reached a tentative deal on a bill that would set rules for digital currencies. The focus is on how stablecoins—digital money tied to real dollars—can give people extra earnings without hurting traditional banks. The agreement could finally move th
FINTRAC, Canada’s money‑watch agency, has cancelled 50 registrations for money services businesses this year. Almost all of those were crypto‑related. The latest batch removed 23 new licences on Monday. Finance Minister François‑Philippe Champagne said the government is stepping up its figh
In a recent round of political chatter, Senator Bernie Moreno—known for his support of cryptocurrency legislation—strongly opposed the idea that former crypto trader Sam Bankman‑Fried should receive a presidential pardon. Moreno called the businessman “a piece of shit” and urged that he face long pr
EvoCash, a Web3 finance hub, has just earned Money Services Business status from the U. S. FinCEN, a key step that lets it legally send money and swap crypto for dollars worldwide. The new license means the platform can now offer U. S. dollar accounts that sit behind Web3 wallets, letting users m
Australia’s regulator says crypto is just another form of money that follows the same rules as old‑school finance. Instead of creating a separate set of laws, they want to look at what the digital coins actually do. If a token is used as a security, it should be covered by securities law; if i
The Securities and Exchange Commission has opened a controlled testing zone for digital money services, letting 11 companies try out their products over the next year. This move follows new rules that aim to keep virtual asset providers in check. The sandbox lets firms run their apps while regulato
Senator Warren is stepping up her criticism of the SEC after it dropped a case against Tron founder Justin Sun. She says the agency gave Sun a free pass for investing $90 million in Donald Trump’s crypto ventures. Sun had poured money into the Trump family’s platform, World Liberty Financial, and
