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By George GloverBitcoin was leading other cryptocurrencies higher on Monday, as investors piled back into risk assets on the expectation that the government shutdown would end soon.Crypto bulls will be watching developments in Washington closely, hoping that political stability can help Bitcoin and …
By George GloverBitcoin was leading other cryptocurrencies higher on Monday, as investors piled back into risk assets on the expectation that the government shutdown would end soon.Crypto bulls will be watching developments in Washington closely, hoping that political stability can help Bitcoin and …
Brazil is taking a big step toward bringing cryptocurrencies under its tax net, but not without controversy. Lawmakers have proposed a new bill that would let citizens declare previously hidden crypto assets like Bitcoin by paying a hefty 30% regularization tax. The move, while aimed at cleaning up …
Update (Oct. 30 at 7:30 pm UTC): This article has been updated to include an X post from Binance.US.Connecticut Senator Chris Murphy is calling out Binance.US, alleging the cryptocurrency exchange played a role in US President Donald Trump’s pardon of former Binance CEO Changpeng “CZ” Zhao.In a Tues…
Many US senators are reportedly moving to advance a bill for crypto market structure rules amid a government shutdown with no end in sight.According to a Bloomberg report published on Thursday, several Republicans in the Senate, including those with leadership positions on key committees, plan to pa…
President Donald Trump tapped Michael Selig to lead the Commodity Futures Trading Commission, Bloomberg reported, as lawmakers move to cement the agency's oversight over digital assets.Trump picked Selig on Friday for the CFTC chairmanship, sending him to get nomination hearings in the Senate. Selig…
Federal agencies are teeing up cryptocurrency regulatory milestones for the end of 2025. In a post on Tuesday on X, the Commodity Futures Trading Commission's Acting Chair Pham said the agency is prioritizing crypto trading and "tokenized collateral" by the end of 2025."Listed spot crypto trading an…
Senate Democrats submitted a counterproposal to the crypto framework bill last week. Industry advocates are concerned that this will stall progress on the legal clarity for the blockchain industry.The proposal, which has not yet been released publicly, would reportedly impose a number of rules for d…
Senators are dragging their feet when it comes to passing cryptocurrency market structure legislation, and that could delay the bill's passage until after the midterm election, TD Cowen analysts said in a note on Monday.Republicans and Democrats are negotiating how the cryptocurrency industry should…
The ongoing U.S. government shutdown has paused many SEC operations, including the review and approval of crypto ETFs. Filings and enforcement actions remain on hold, leaving investors waiting. The Senate is expected to vote for the seventh time today to end the shutdown. Current market odds, such a…
Wisconsin Representative Bryan Steil, one of the original cosponsors of the House of Representatives’ crypto market structure bill, the CLARITY Act, said Republicans’ timeline of passing the legislation before 2026 was still the plan, despite the ongoing government shutdown.In a Wednesday CNBC inter…
Bitcoin surged past $120,000 on October 3 following the US federal government’s partial shutdown earlier this week. Investors sought safety in digital assets and gold, highlighting Bitcoin’s position as an alternative store of value when traditional systems falter.Just one day earlier, Cardano found…