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DeFi has scored a victory in Congress, but how can lawmakers match real regulatory concerns with user privacy demands? The decentralized finance (DeFi) industry is breathing a sigh of relief as Congress relaxes reporting obligations, but questions remain about how lawmakers will regulate DeFi. On March 12, the House of Representatives voted to nullify a…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, OKX is reportedly under scrutiny from European Union regulators for allegedly facilitating the laundering of funds from the Bybit hack. Meanwhile, analysts warn that…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, OKX is reportedly under scrutiny from European Union regulators for allegedly facilitating the laundering of funds from the Bybit hack. Meanwhile, analysts warn that…
The Trump administration is currently exploring proposals for major tax, cryptocurrency, and administrative reform in the United States. White House crypto and AI czar David Sacks rejected the idea of taxes on each cryptocurrency transaction as a method of filling the US strategic Bitcoin (BTC) reserve and the crypto stockpile with digital assets. During a…
President Trump and Scott Bessent both called for a comprehensive regulatory framework on stablecoins and a clear regulatory environment. United States Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world’s global reserve currency during the White House Crypto Summit on March 7. Bessent reiterated…
Trump’s US Bitcoin reserve is expected to drive global adoption, boost institutional investment and cement Bitcoin as a strategic asset, analysts say. President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve and a National Digital Asset Stockpile is expected to be a catalyst for wider Bitcoin adoption, according to investment analysts and crypto…
Bitwise investment chief Matt Hougan says Trump’s crypto reserve announcement should be seen as bullish and that the market is “misreading things.” Despite including several large-market cap altcoins, US President Donald Trump’s planned crypto reserve will eventually be made up almost “entirely of Bitcoin,” says Bitwise chief investment officer Matt Hougan. “Market participants have soured on…
A senior U.S. lawmaker says representatives of Elon Musk were granted “full access” to a U.S. Treasury payments system used to disperse trillions of dollars to Americans each year, and warned that Musk’s access to the system poses a “national security risk.” Sen. Ron Wyden, a Democratic senator from Oregon and ranking member of the…
U.S. authorities have indicted five people over their alleged involvement in a multi-year North Korean IT worker scheme that saw them obtain remote employment with dozens of American companies. The Department of Justice on Thursday announced the indictment of North Korean citizens Jin Sung-Il and Pak Jin-Song; Pedro Ernesto Alonso De Los Reyes of Mexico,…
U.S. prosecutors have formally linked the arrest of a serving U.S. Army soldier in December to a massive theft of U.S. phone records from AT&T and Verizon last year. Authorities arrested Cameron John Wagenius, a U.S. Army communications specialist, in Texas on December 20 following a brief two-page grand jury indictment accusing the U.S. serviceperson…