As the regulatory "air pocket" weighing on the crypto industry potentially nears its end, Benchmark sees Coinbase as well positioned to benefit.The investment banking and financial services firm has initiated coverage on COIN, setting a $252 price ta
The following is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Friday! It's been a largely quiet day thanks to Good Friday today and Easter this weekend. The crypto market rebounded somewhat, with bitcoin
Arizona's Strategic Digital Assets Reserve Bill, or "SB 1373," passed the House committee on Thursday. It now awaits a third reading and a full floor vote before reaching the governor's desk for final approval.The SB 1373 bill proposes the creation o
Bank of America CEO Brian Moynihan’s statement that he’s prepared to issue a stablecoin if Congress provides a regulatory framework didn’t just grab headlines — it underscored how seriously America’s banking sector is now taking digital assets.Now, a
The US is exploring many ways to increase its Bitcoin reserve without taxpayer dollars, including through tariff revenue and revaluing the government’s gold certificates, according to the executive director of the Trump administration’s crypto counci
New Hampshire’s House and Florida’s House insurance and banking committee have respectively advanced bills allowing their states to create Bitcoin reserves.New Hampshire’s House passed its Bitcoin reserve bill, HB302, in a 192-179 vote on April 10 wh
The Anti-CBDC Surveillance State Act (H.R. 1919) passed voting in the U.S. House Financial Services Committee on Wednesday, with 27 in favor and 22 opposed.The bill, introduced by House Majority Whip Tom Emmer, R-Minn., aims to prevent the use of cen
In the cards — crypto market outlook to hinge on White House guidance, especially the crypto working group’s policies. ✔️ Wrapping Up a QuarterBitcoin was slow to start this week’s trading (probably because the EU shifted one hour forward over the
Update (March 27, 3:03 am UTC): This article has been updated to add background and information on the resolution.US President Donald Trump is expected to sign a resolution to kill a Biden administration-era rule that requires decentralized finance (
North Carolina lawmakers have introduced bills in the House and Senate that could see the state’s treasurer allocate up to 5% of various state retirement funds into cryptocurrencies such as Bitcoin.The Investment Modernization Act (House Bill 506), i
Kentucky governor Andy Beshear has signed a measure known as the “Bitcoin Rights” bill, into law, enshrining protections for crypto users, as two other US states’ Bitcoin reserve legislation advanced.Crypto advocacy group the Satoshi Action Fund said
Kentucky Governor Andy Beshear signed House Bill 701 (HB 701) into law on Monday, establishing protections for bitcoin and cryptocurrency use within the state.The legislation received unanimous bipartisan support in both chambers of the Kentucky legi
Two strategic digital asset reserve bills in Arizona cleared Arizona’s House Rules Committee on March 24 and are now headed to the House floor for a full vote.The bills together, if passed into law, would clear the way for Arizona to establish strate
Today in crypto, Argentina has introduced new rules for crypto firms. Meanwhile, in the United States, a new bill seeks to formalize former President Donald Trump’s executive order to establish a Strategic Bitcoin Reserve. However, Democrat Represent
US Senate Banking Committee is set to vote on a Republican-led stablecoin framework bill on March 13, after it was updated following consultation with committee Democrats.GOP Senator Bill Hagerty, one of the bill’s co-sponsors, said on March 10 that
Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the first US state with its own Bitcoin reserve.The HB230 “Blockchain and Digital Innovation Amendments” bill now only provides Utah citize
Today in crypto, Michael Saylor advocates for an aggressive US government approach to Bitcoin accumulation, the Bitcoin community shares mixed reactions to White House Crypto Summit, the White House Crypto Summit marked a “truly historic day at the W
Today in crypto, the Bitcoin community shares mixed reactions to White House Crypto Summit, the White House Crypto Summit marked a “truly historic day at the White House,” according to Crypto.com CEO Kris Marszalek, and the US Office of the Comptroll
Strong support from many Democrats helped win a victory for a U.S. Senate effort to erase a Biden administration crypto tax rule on Tuesday, clearing what may have been the most difficult hurdle toward eliminating the Internal Revenue Service's new b
The US Securities and Exchange Commission says it does not view memecoins as securities but warned any fraudulent tokens could still be subject to enforcement actions by other regulators.The agency’s Division of Corporation Finance said in a Feb. 27