Category: Business

[ad_1] The United States will lose its leadership position in crypto to other countries, including China, if US lawmakers fail to pass the Digital Asset Market Clarity Act (CLARITY), a crypto market structure bill, according to Wyoming Senator Cynthia Lummis. Passing a comprehensive crypto regulatory framework would “ensure” that other countries “do not write the…

[ad_1] Key Takeaways Central Bank of Brazil issued Instruction 739, forcing VASPs to get independent audits to secure licenses. Audits must ensure that each VASP is prepared to combat and prevent crypto-linked crime. Following the $5B Hidden Flow case, Brazil’s new rules will next tighten oversight to avoid crypto laundering. Central Bank Of Brazil Moves…

[ad_1] Samsung Securities, Samsung SDS and Samsung Card will acquire a combined 4% stake in Dunamu, the operator of South Korean crypto exchange Upbit, in a deal that expands Samsung affiliates’ exposure to the country’s digital asset market, local media reported. The three Samsung affiliates held board meetings on Thursday and approved the purchase of…

[ad_1] The US Commodity Futures Trading Commission (CFTC) and companies behind prediction market platforms are continuing legal fights against state-level authorities, with the latest battlegrounds centered in Rhode Island and Minnesota. Last week, Minnesota Governor Tim Walz signed a bill into law amending statutes to prohibit advertising, creating, operating or otherwise facilitating prediction market platforms.…

[ad_1] Key Takeaways Advocates pushed senators after a bipartisan committee vote moved the market-structure bill forward. Clearer oversight could affect consumer safeguards, developer protections, and crypto business compliance paths. Full Senate approval would move federal digital asset rules closer to final passage. Crypto Group Presses Senate After CLARITY Act Advances Stand With Crypto, a digital…

[ad_1] Two Texas Congressional candidates supported by millions of dollars in spending from interest groups aligned with the cryptocurrency industry are headed for runoffs this week in races for the US Senate and House of Representatives. On Tuesday, Democratic voters in Texas’ 18th congressional district will decide between incumbent Al Green and challenger Christian Menefee…

[ad_1] Key Takeaways Regulators moved to set compliance standards for FDIC-supervised payment stablecoin issuers. Proposed requirements include AML/CFT programs, sanctions controls, reporting, and enforcement procedures. The proposal would establish a federal enforcement framework for stablecoin issuers tied to anti-money laundering and sanctions compliance. FDIC Advances Stablecoin Compliance Rule Under GENIUS Act The Federal Deposit Insurance…

[ad_1] Kevin Warsh was sworn in on Friday as the chairman of the United States Federal Reserve, but investors and traders still forecast no interest rate cuts for the rest of 2026. Speaking at the ceremony, US President Donald Trump said that Warsh will remain “independent” of the Executive Branch regarding interest rate policy, and…

[ad_1] Key Takeaways Rep. Begich introduced ARMA to buy 1M Bitcoin, shifting market policy before Congress sets future crypto laws. Funding the reserve via gold, the US Treasury would buy 200K BTC yearly, securing crypto property rights. Following a March 2025 EO, ARMA stabilizes US markets as Congress next drafts long-term crypto policy. Bipartisan Strategic…

[ad_1] Massachusetts Senator Elizabeth Warren accused the US Comptroller of the Currency (OCC) Jonathan Gould of violating banking laws by approving national trust charters for cryptocurrency companies. In a Monday letter to Gould, Warren said the OCC head had “approved at least nine national trust charters for crypto companies that intend to engage in activities…