Two US senators are calling on Treasury Secretary Scott Bessent to “exercise [the department’s] authority” and change a provision affecting taxes on corporate holdings of digital assets. In a May 12 letter, Senators Cynthia Lummis […]
This regulatory milestone enables the platform to continue offering crypto asset products and services across the country. The company is working toward getting its registration as an investment dealer and membership with the Canadian […]
The White House announced that talks between the United States and China regarding a trade deal have made “substantial progress,” yet no official deal has been announced at this time, leaving investors in doubt. According […]
US Vice President JD Vance will speak at the Bitcoin 2025 conference in Las Vegas, roughly a year after then-presidential candidate Donald Trump spoke at the same event. According to a May 9 notice from […]
Wall Street giant BlackRock met with the Securities and Exchange Commission (SEC) Crypto Task Force to discuss staking within crypto exchange-traded products (ETPs) and tokenization of securities. The discussion could advance institutional interest in the […]
A bipartisan stablecoin bill (GENIUS Act) faces Senate roadblocks due to Democratic concerns over Trump’s crypto ties. Democrats cite Trump’s memecoin, stablecoin involvement, and potential Binance stake as raising conflict-of-interest issues. Nine Senate Democrats (including […]
Braden John Karony, the former CEO of crypto firm SafeMoon, made an out-of-court statement claiming innocence as his criminal trial began in New York. In a May 6 X post after court proceedings had likely […]
The US Commodity Futures Trading Commission (CFTC) is seeking permission from the court to drop an appeal against prediction market Kalshi. The move could allow the platform to offer political event contracts to users without […]
Acting US Attorney for the Eastern District of New York (EDNY) John Durham has departed as President Donald Trump’s pick takes control of the office. In a May 5 notice, the US Attorney’s Office for […]
The crypto exchange urged the Court to reconsider the “third-party doctrine” as it applies to digital financial data. While Coinbase is not a direct party to the case, the company has a vested interest […]
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