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Mike Selig pledged to make crypto a priority when he was picked to lead the CFTC in October, while Travis Hill has been speaking out against crypto debanking. The US Senate has confirmed crypto-friendly lawyer Mike Selig as the new chair of the Commodity Futures Trading Commission and has elevated Travis Hill to chair the…
Changpeng Zhao’s lawyer, Teresa Goody Guillén, reportedly threatened to sue Warren for “defamatory statements” on X after CZ secured a pardon from Trump. A lawyer for US Senator Elizabeth Warren has hit back at allegations that she defamed Binance founder Changpeng Zhao in a social media post following US President Donald Trump’s pardon of him….
The group of 12 senators stressed the need for a bipartisan solution to market structure as Republicans on the banking committee plan to pass a bill this month. A group of Democratic US senators has released its own version of guidelines to influence legislation to establish a crypto market structure, focusing on taking time toward…
DeFi Education Fund called on the Senate Banking Committee to frame a key crypto market bill in a more tech-neutral way and strengthen crypto developer protections in a recent letter. Crypto lobby group DeFi Education Fund has called on the US Senate Banking Committee to rethink how it plans to regulate the decentralized finance industry…
XRP charts point to new highs. Will Ripple’s attendance in next week’s “From Wall Street to Web3” summit boost the altcoin’s price? Key point: XRP will complete a bullish pattern on a break above $2.34, which could propel the price toward new highs. Lawmakers with the US Senate Banking Committee will conduct a hearing on…
Only five US senators out of the 11 typically on the digital assets subcommittee were available to ask questions about a potential market structure bill. Many members of the US Senate Banking Committee’s subcommittee on digital assets were not present for a hearing to discuss market structure. In a Tuesday hearing, “exploring bipartisan legislative frameworks…
The GENIUS Act is one step closer to becoming law in a development that may make stablecoin issuers key players in the US economy. Stablecoin adoption among United States banks and financial institutions may accelerate following the passage of new legislation in the Senate. The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS…
The bill passed without amendments to address Donald Trump’s connections to World Liberty Financial’s stablecoin, which many Democrats had been calling for. The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, is one step closer to becoming law in the US after the US Senate voted to pass an amended version of…
The market capitalization for stablecoins has risen 90% since Jan. 4, 2024, making stablecoins arguably crypto’s first mainstream use case. Growing momentum for United States stablecoin regulation is reportedly pushing major tech firms like Apple, X, and Airbnb to explore digital token integration According to a June 6 report from Fortune, at least four tech…
Roughly four months since his nomination and amid announced departures at the CFTC, Brian Quintenz’s nomination to head the financial regulator is moving forward. Brian Quintenz, a former commissioner on the US Commodity Futures Trading Commission (CFTC), may have the opportunity to chair the agency after his nomination by President Donald Trump moved to the…