The United States will lose its leadership position in crypto to other countries, including China, if US lawmakers fail to pass the Digital Asset Market Clarity Act (CLARITY), a crypto market structure bill, according to […]
Key Takeaways Historic CFTC approval opens the door for regulated bitcoin perpetual trading.Offshore-dominated crypto derivatives markets now have a U.S. regulatory pathway.Additional products could follow as exchanges test the CFTC’s review process. CFTC Opens Historic […]
Samsung Securities, Samsung SDS and Samsung Card will acquire a combined 4% stake in Dunamu, the operator of South Korean crypto exchange Upbit, in a deal that expands Samsung affiliates’ exposure to the country’s digital […]
Argentina’s government is moving to restrict banks, payment firms and crypto providers from serving unauthorized online gambling platforms as part of a broader crackdown on digital betting. The government presented a Bill for the Prevention […]
Key Takeaways Advocates pushed senators after a bipartisan committee vote moved the market-structure bill forward.Clearer oversight could affect consumer safeguards, developer protections, and crypto business compliance paths.Full Senate approval would move federal digital asset rules […]
At least five crypto companies have shuttered this week as a prolonged downturn in the crypto market has put downward pressure on user activity and investor funding. Crypto trading card platform Fantasy.top, cross-blockchain infrastructure company […]
Two Texas Congressional candidates supported by millions of dollars in spending from interest groups aligned with the cryptocurrency industry are headed for runoffs this week in races for the US Senate and House of Representatives. […]
Key Takeaways Regulators moved to set compliance standards for FDIC-supervised payment stablecoin issuers.Proposed requirements include AML/CFT programs, sanctions controls, reporting, and enforcement procedures.The proposal would establish a federal enforcement framework for stablecoin issuers tied to […]
Galaxy Digital founder Mike Novogratz appeared in court on Tuesday to face off against BitGo CEO Mike Belshe in a long-running legal fight over a failed proposed $1.2 billion merger in 2021. The planned deal […]
Update (May 22 at 7:40 pm UTC): This article has been updated to include statements from Polymarket and Kalshi. The chair of the US House of Representatives’ Oversight and Government Reform Committee sent letters to […]
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