7+ hour, 36+ min ago   (406+ words) On Sunday night, Senate Republicans released an updated draft of the CLARITY Act with changes to the ethics and other relevant provisions to sway Democrats to vote for the bill on Tuesday. However, it is still unclear whether these changes…...

10+ hour, 43+ min ago   (295+ words) Mike McGlone, senior commodity strategist at Bloomberg Intelligence, stressed that high stock prices and upcoming interest rate hikes suggest bitcoin’s price may retrace meaningfully to $10,000, serving as a leading indicator of a risk-asset drawdown. While the cryptocurrency market enjoyed one…...

20+ hour, 3+ min ago   (400+ words) Ben Delo, co-founder of the crypto exchange BitMEX, and Christopher Harborne, a Tether investor, have pledged to donate 72 million pounds ($97.44 million) to Reform UK as Parliament debates a ban on crypto-based political donations. Reform UK, the far-right political party, has…...

1+ day, 4+ hour ago   (443+ words) Federal authorities restrained about $52 million in scam-linked cryptocurrency in a single day during a crackdown on Xinbi Guarantee, lifting the Justice Department strike force’s running total to roughly $938 million. Treasury says the marketplace processed more than $24 billion and was reportedly…...

1+ day, 4+ hour ago   (232+ words) Stablecoin licenses carry different reserve and oversight requirements, Ripple emphasized as it outlined RLUSD’s regulatory structure. The company also distinguished its conditional federal bank approval from a completed charter and clarified the scope of derivatives collateral rules. Protections for stablecoin…...

1+ day, 11+ hour ago   (343+ words) According to reports, Mexican law enforcement authorities discovered a cryptocurrency mining farm located deep in the remote Sierra Norte mountains of Puebla. Officials believe the GPU farm was financed via organized crime syndicates, and it’s the fourth hidden crypto mining…...

1+ day, 10+ hour ago   (475+ words) U.S. crypto regulation is becoming clearer even as the CLARITY Act faces an uncertain path through Congress, according to Grayscale. Stablecoin legislation and agency initiatives are advancing, though several changes remain proposals rather than final rules. “CLARITY is no longer the…...

3+ day, 8+ hour ago   (332+ words) Banca d’Italia has issued a communication to payment service providers and crypto asset service providers (CASPs), reinforcing the need for continued screening of financial transactions using travel rule-related procedures, stressing that there are no minimum amounts for these checks. The…...

3+ day, 15+ hour ago   (610+ words) Nasdaq Ventures has agreed to invest $100 million in Kraken parent Payward as the companies deepen a partnership designed to move traditional stocks onto blockchain networks and build markets that can operate beyond conventional trading hours. The investment, announced Sept. 10, adds…...

4+ day, 9+ hour ago   (242+ words) On Wednesday, Consensys Software Inc. announced plans to split into two independent companies, with consumer wallet platform Metamask breaking away from Consensys, which will remain focused on protocols and institutional infrastructure. Consensys Executive Chairman Joe Lubin said the company spent…...