FDIC ends use of reputational risk criteria, Crypto Czar calls it ‘a big win’
The Senate Banking Committee announced on March 25 that the Federal Deposit Insurance Corporation (FDIC) will eliminate reputational risk as a component of bank...
Bitcoin gains state-level traction in Arizona, Kentucky, and Oklahoma
Three US states—Arizona, Kentucky, and Oklahoma—have launched new legislative efforts to support Bitcoin.During the past day, lawmakers in these states have introduced or passed...
Senator Warren challenges SEC nominee Paul Atkins over FTX ties and deregulation risks
Senator Elizabeth Warren has demanded answers from SEC chair nominee Paul Atkins over his history of light-touch regulation, ties to the failed crypto exchange...
Hayes flips bullish on Bitcoin, predicts $110,000 rally amid Fed’s policy shift
BitMEX co-founder Arthur Hayes said Bitcoin (BTC) is more likely to climb to $110,000 before experiencing a significant correction, pivoting from his previous stance...
Australia plans clear crypto laws to boost innovation and investor safety
Australia is taking decisive steps toward establishing a clear regulatory framework for the crypto sector, according to the Treasury’s Statement on Developing an Innovative...
IMF updates global standards to include crypto in balance of payments
The International Monetary Fund (IMF) has overhauled its balance of payments standards to reflect the growing impact of digital assets.According to the newly released...
SEC holds first crypto roundtable to reassess regulatory framework
The US Securities and Exchange Commission (SEC) held its first crypto task force roundtable on March 21 to discuss regulation, which ended in a...
German regulator rejects Ethena Labs’ license application in the EU, suspects sUSDe is a...
Germany’s Federal Financial Supervisory Authority (BaFin) has rejected Ethena Labs’ application to issue asset-referenced tokens under the European Union’s Markets in Crypto-Assets Regulation (MiCAR)....
South Korean authorities raid Bithumb in corporate fund misuse inquiry
South Korean prosecutors raided the headquarters of crypto exchange Bithumb on March 19 as part of an investigation into whether the company’s former CEO...
ECB reiterates need for a digital euro to counter influence of dollar-based stablecoins
European Central Bank (ECB) Chief Economist Philip Lane has reiterated the need for a digital euro, emphasizing its role in mitigating risks from stablecoins...
