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U.S. Bancorp’s institutional crypto custody business has seen a revival under the crypto-friendly Trump administration and the bank is “studying and watching” what role it could play with stablecoins, says its CEO.U.S. Bancorp CEO Gunjan Kedia said on Wednesday at the Morgan Stanley US Financials Co…
Update (June 11 at 10:50 pm UTC): This article has been updated to include a previous statement from Meta.With the US Senate expected to vote on legislation to regulate payment stablecoins soon, two senators called on Meta CEO Mark Zuckerberg to answer questions about the company’s potential plans t…
More than once on Tuesday, U.S. lawmakers asked Brian Quintenz whether the Commodity Futures Trading Commission would need additional funding if it were given expanded authority to regulate crypto. The answer: yes.During a nomination hearing, Quintenz — President Donald Trump’s pick to lead the agen…
Brian Quintenz, nominee to lead the U.S. Commodity Futures Trading Commission, has pledged to provide clear classification and jurisdictional clarity for digital asset market regulation in a written statement shared ahead of his nomination hearing.The former CFTC commissioner was nominated by Presid…
Solana (SOL) has recovered from the recent market pullback after bouncing from its local bottom. Amid its recent breakout from a bullish formation, some market watchers suggest that the cryptocurrency could recover its start-of-year glory.Solana Breakout Eyes $164Solana is recording a 2.45% surge in…
Spot Ethereum ETFs in the U.S. market have reached their highest cumulative inflow level since the funds launched in July 2024 as ETH's nearly 40% price gain over the past month is met with increased demand from institutional and retail investors. The ETFs have recorded overall net positive inflows …
According to social media buzz, the growing clash between Elon Musk and US President Donald Trump has sent ripples through the crypto world. Musk’s public swipe at a recent spending bill kicked things off. Then came Trump’s warning to yank Musk’s government contracts. It got messy fast. And now, som…
Today in crypto, spot Ether ETFs have recorded inflows for 15 consecutive days, US lawmakers remain divided over digital asset legislation, as questions mount about President Donald Trump’s ties to the industry. Meanwhile, Singapore’s central bank has effectively barred most crypto firms from offeri…
The Bitcoin community is calling on Tesla CEO Elon Musk to stack Bitcoin as a way to gain the upper hand in his ongoing public feud with US President Donald Trump.“The best way for Elon to get back at Trump is by full porting Bitcoin,” crypto trader and analyst Will Clemente said in a June 6 X post.…
Circle Internet Group has taken off as investors pile back into cryptocurrency and stocks tied to it. How to play the asset class now. By Paul R. La MonicaCrypto is on fire again. After a deep slump earlier in the year, prices are jumping and new investors are piling in. In a stunning sign of the ti…
Republican lawmakers on the House Financial Services Committee (HFSC) pushed back against concerns that US President Donald Trump could personally profit from his exposure to the crypto industry, dismissing the claims as political “theatrics” amid ongoing debate about digital assets legislation.In a…
A trio of cryptocurrency fund managers urged the U.S. Securities and Exchange Commission to go back to an approach that approved exchange-traded products on a first-come, first-served basis and said the current approach makes the "marketplace less fair."VanEck, 21Shares, and Canary Capital stated th…