LevelField could become the first crypto-friendly FDIC-insured bank to offer crypto services after receiving approval from the Illinois financial regulator to acquire Burling Bank.
A community director at the advocacy organization Stand With Crypto said US lawmakers’ voting records on a pending market structure bill could impact their reelection chances.
The new US crypto bill could settle the commodity-versus-security debate and reshape compliance, trading and innovation.
EU lawmakers stripped out mandatory client-side message scanning from the latest Chat Control draft, but invasive age checks and voluntary scanning remain.
Upbit operator Dunamu posted $165 million in Q3 net income, driven by a market rebound and stronger investor confidence following new US crypto legislation.
Teresa Goody Guillén calls accusations a “pile up of false statements,” as she questioned the political immunity of critics like Senator Elizabeth Warren.
Bitcoin’s latest tumble pushed it below the $93,507 price it entered the year at, despite the year mostly seeing positive industry developments from corporations and governments.
Japan’s FSA plans to reclassify crypto as financial products, enforce new disclosure and insider trading rules, and cut the crypto tax rate from 55% to a flat 20%.
Bitcoin drops to a six-month low as spot ETF outflows resume despite the US shutdown ending, signaling weak demand and renewed pressure on crypto markets.
Some crypto industry observers believe that the Bank of England’s new proposed regulations for stablecoins are unnecessarily restrictive.