The latest market developments reveal intensifying security concerns and regulatory momentum. The largest supply chain attack in npm history sent shockwaves across crypto and app ecosystems, with millions of users and major code packages impacted by malicious code aimed at crypto theft. Despite t... ... Read full CryptMarket Analysis — 11-09-03
The US Senate Finance Committee will hold a hearing Wednesday on cryptocurrency taxation, a day after the Treasury Department and Internal Revenue Service (IRS) issued interim guidance easing corporate crypto tax rules.The Treasury and IRS on Tuesday issued interim guidance aimed at easing complianc…
A committee in the legislature of the US state of Massachusetts is scheduled to hear discussions about a Bitcoin strategic reserve bill first introduced in February.In a Friday update to a bill “relative to a Bitcoin strategic reserve” introduced by Republican state Senator Peter Durant, Massachuset…
Officials with the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) met for the first joint roundtable in about 14 years to discuss “regulatory harmonization efforts,” including those potentially impacting the cryptocurrency industry.In the Monday roundtabl…
Key takeaways:Clearer digital asset regulation, highlighted by this week’s high-profile SEC–CFTC roundtable, could strengthen investor confidence.A temporary resolution of the looming US government shutdown may ease risk aversion and boost Bitcoin price.Labor market data and Strategic Bitcoin Reserv…
Crypto exchange Kraken pledged $2 million to two politically aligned groups as part of what it calls an ongoing battle to defend core crypto freedoms in the US.In a Tuesday post on X, Kraken Co-CEO Arjun Sethi announced that the exchange will donate $1 million to the Freedom Fund PAC and increase it…
A group of Democratic senators in the US Congress has signaled its intention to work with Republicans on advancing legislation to establish a digital asset market structure framework.In a Friday statement, 12 Democrats, including members of the Senate Banking Committee and Senate Agriculture Committ…
Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Ber…
The US House of Representatives may have a shorter legislative path to bar the Federal Reserve from issuing a central bank digital currency (CBDC) by using a market structure bill it passed in July.In a Monday hearing of the House Rules Committee, a draft agenda showed a proposal to add the text of …