A Democratic lawmaker in Pennsylvania has proposed a bill that would ban elected officials from profiting off cryptocurrency while in office. Summary Pennsylvania lawmaker Ben Waxman introduced HB1812 to ban elected officials from profiting off cryptocurrency while in office. HB1812 would require lawmakers to divest their current holdings. Democrat Ben Waxman from District 182, along…
Around 33,700 Bitcoin options contracts will expire on Friday, August 22, and they have a notional value of roughly $3.8 billion. This expiry event is smaller than last week’s and unlikely to influence spot markets, which have started to move higher after a mid-week correction. All eyes are on the Federal Reserve Chair speaking at…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The United Kingdom has introduced new sanctions targeting Kyrgyzstan’s financial sector and cryptocurrency operations allegedly tied to Russia’s efforts to bypass Western restrictions. The measures include actions against banks, exchanges, and individuals accused of facilitating a ruble-backed stablecoin network that processed billions…
The US commodities regulator has launched its second “crypto sprint” to implement recommendations from the President’s Working Group on Digital Asset Markets, this time focusing on stakeholder engagement. The Commodity Futures Trading Commission (CFTC) is seeking public input from crypto market participants on how it can better regulate spot crypto trading, the acting chair Caroline…
Key Takeaways State Street is the first third-party custodian on JPMorgan’s digital debt platform. The collaboration enables institutional clients to access custody for blockchain-based debt securities. Share this article State Street Corporation, one of the world’s largest custodians with $49 trillion in assets under custody, successfully executed its first blockchain-based commercial paper investment using JPMorgan’s…
Gemini is entering the European fray with a compliance-first advantage. Its newly granted MiCA license, coupled with an existing MiFID II approval, outfits the exchange as a fully-regulated contender against established incumbents in the bloc. Summary Gemini secures a MiCA license from Malta, granting EU-wide market access across 27 member states and EEA countries. The…
Crypto equities, which had strongly outperformed Bitcoin over the past 18 months, are now showing signs of fatigue. Amidst a broader market pullback, investors appear to be fleeing riskier corners of the market. No IPO, No Catalyst After a stellar 18-month run, crypto equities are beginning to lose momentum relative to Bitcoin, according to the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to posts on X, Elon Musk rejected a Wall Street Journal report that said he had halted work on the America Party. He wrote that the story was “inaccurate and misleading” and told followers, “Nothing @WSJ says should ever be thought…
The US Office of the Comptroller of the Currency (OCC) said it had issued an order terminating a consent order made against cryptocurrency custody bank Anchorage Digital in 2022. In a Thursday notice, the OCC said it had dropped the order “to assure the safety and soundness” of Anchorage. The financial regulator’s April 2022 order…
Key Takeaways The US Department of Justice affirmed that shipping code is not a crime for crypto and open source developers. The comments build on the April 2025 Blanche Memo, which declared the end of “regulation by prosecution.” Share this article The US Department of Justice (DOJ) has drawn a new line on how it…
