Senate is Likely to Approve House’s Version of Crypto Market Regulations, According to Tom Emmer
Simply put House Majority Whip Tom Emmer (R-MN) is confident that the Senate will ultimately approve the House’s market structure bill, known as the Clarity Act. The Senate is in the process of crafting its own market structure bill, which is set for discussion in September. According to Emmer, the White House is aiming for […]
Is Another ICO Surge Coming? Understanding the Implications of the Senate’s Market Structure Bill for Crypto Startups
Simply put The Senate has released a preliminary draft of the Crypto Market Structure Act. Last week, the House passed a similar bill, referred to as the Clarity Act. While there are notable differences in the Senate’s version, both bills share a common objective, notably impacting crypto startups and future token sales via ICOs. The […]
Uncertainty surrounds crypto and CBDC legislation as Congress goes on break
Last week, Republican lawmakers and President Donald Trump managed to set aside some internal disagreements to advance three cryptocurrency bills through the House. However, there’s still a long way to go before these bills can become law. During two lengthy sessions, almost all Republicans rallied in favor of the US Innovation (Genius) Act on Thursday. […]
SEC Chair Paul Atkins Makes Surprising Statements About Bitcoin and Crypto
US SEC Chair Expresses Optimism About Bitcoin and Cryptocurrencies Paul Atkins, the Chair of the US Securities and Exchange Commission, has recently engaged in discussions regarding Bitcoin and cryptocurrency, expressing a notably optimistic stance. He emphasized his commitment to fostering a regulatory environment conducive to the industry’s growth. Atkins Highlights Support for Digital Assets In […]
US Telegram Users Can Now Use Native Crypto Wallet
Simply put Telegram’s in-built crypto wallet app is now available to users in the US. With Ton wallets, users can buy, sell, and send cryptocurrencies directly through the Telegram app. The Ton Wallet is created by Open Platform, the first Unicorn company within the Ton Ecosystem. Telegram has started rolling out its crypto wallet for […]
Solana SSK ETF surpasses $100M as Wall Street embraces crypto staking
SSK Surpasses $100 Million in AUM SSK, the Solana Staking Exchange-Traded Fund (ETF) from Rex-Soprey, has exceeded $100 million in assets under management (AUM) since its launch on July 2nd. This fund is notable for being the first ETF registered in the U.S. that integrates Solana (SOL) exposure with compensation from OnChain Staking. Typically, most […]
JPMorgan Considers Lending Against Crypto Assets
JP Morgan Chase Explores Lending Against Cryptocurrency Holdings JP Morgan Chase is reportedly contemplating the possibility of lending against its clients’ cryptocurrency holdings. This information comes from a recent report by the Financial Times, which suggests this move indicates that major banks are beginning to embrace the mainstream adoption of cryptocurrencies. The shift in strategy […]
Polymarket Aims for US Comeback with $112 Million Crypto Exchange Purchase
Polymarket’s Acquisition Moves Polymarket has announced its acquisition of the derivatives exchange, QCX, for $112 million. This news came out on Monday, as the company prepares to make a comeback in the United States, according to founder and CEO Shane Coplan. In June, Polymarket was chosen as the official prediction platform for X. This acquisition […]
Crypto custody company BitGo quietly submits paperwork for US IPO
(Reuters) – Bitgo, a crypto custody startup, announced on Monday that it has filed confidentially in the U.S., joining a trend of businesses eager to take advantage of the thriving market. The cryptocurrency market, which has reached a valuation of $4 trillion, has sparked renewed interest in public market opportunities. Clearer regulations, the adoption of […]
House Approves Important Legislation During ‘Crypto Week,’ But Major Changes Might Take Time
Trump’s “Crypto Week” Sparks New Legislation but Caution is Advised There’s a lot of buzz around what President Trump has dubbed “Crypto Week,” but experts are urging some restraint when celebrating developments in the cryptocurrency arena. The House of Representatives has recently approved three significant bills targeting the regulation of digital assets, marking a crucial […]