US Senate confirms ex-Bitfury exec to lead OCC banking regulator - senate, one, meta, Crypto, 2024, occ, Cointelegraph, donald trump, trump

US Senate confirms ex-Bitfury exec to lead OCC banking regulator

Jonathan Gould, who previously worked as the chief legal officer of blockchain infrastructure company Bitfury, has been confirmed as the head of the US Office of the Comptroller of the Currency (OCC) following a Senate vote.In a 50-45 vote in the US

Many see stablecoins soaring to $2T in ‘handful’ of years: Ripple CEO - senate, xrp, Cointelegraph, Crypto, defi, stablecoin, tether, sec

Many see stablecoins soaring to $2T in ‘handful’ of years: Ripple CEO

Ripple CEO Brad Garlinghouse says there’s a widely-held belief that the stablecoin market could grow almost ten times over the next few years. The stablecoin industry is currently around $250 billion in market capitalization, and “many people think i

The Daily: Two dormant Bitcoin wallets wake after 14 years to move over $2 billion in BTC, House GOP declares ‘Crypto Week,’ and more - senate, Crypto, ethena, block, The Block, 1inch, bitcoin, trump, sec, one, ftx, eth, house, btc, crypto

The Daily: Two dormant Bitcoin wallets wake after 14 years to move over $2 billion in BTC, House GOP declares ‘Crypto Week,’ and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Friday! It's Independence Day in the U.S., but crypto never sleeps — so we're still here to keep you up to date with the latest.In to

J.P.Morgan wary of stablecoin's trillion-dollar growth bets, cuts them by half - senate, stablecoin, North America, Crypto, Asia, Reuters

J.P.Morgan wary of stablecoin's trillion-dollar growth bets, cuts them by half

J.P.Morgan on Thursday forecast stablecoin growth will only reach $500 billion by 2028, calling trillion-dollar projections "far too optimistic", as there was little evidence of mainstream adoption of the dollar-pegged cryptocurrency token. Stabl

Bitcoin Price Shoots Toward $110K while Fartcoin and BONK Lead Meme Coin Gains: Market Watch - senate, bitcoin, meme, CryptoPotato, bch, bitcoin cash, house, ada, bonk, doge, fasttoken, hype, Crypto, eth

Bitcoin Price Shoots Toward $110K while Fartcoin and BONK Lead Meme Coin Gains: Market Watch

Bitcoin’s price is starting to heat up again, pushing towards the important $110,000 level and recording an increase of around 1.6% in the past 24 hours. This comes amid an even more impressive rally from certain meme coins such as Fartcoin and Bonk.

 Will Bitcoin benefit from ‘Big Beautiful Bill’ passage and US debt ceiling increase?  - senate, bitcoin, donald trump, one, debt, Crypto, Cointelegraph, trump

Will Bitcoin benefit from ‘Big Beautiful Bill’ passage and US debt ceiling increase?

Key takeaways:Historical data fail to show a consistent link between Bitcoin price gains and US debt ceiling increases.Bitcoin’s resilience reflects investors’ belief that the US dollar will continue to lose value due to US domestic fiscal policy. Th

Is Zohran Mamdani really that bad for New York’s crypto industry? - senate, bitcoin, donald trump, one, crypto, Crypto, nyc, ftx, new, terra, Cointelegraph, trump

Is Zohran Mamdani really that bad for New York’s crypto industry?

Zohran Mamdani won the New York mayoral primary election on June 24, which has since caused a stir among the crypto industry’s upper crust.Mamdani will face off against incumbent Mayor Eric Adams in November, and it’s clear that many in the crypto in

Circle Wants to Open a Bank. What That Means for the Stablecoin Giant. — Barrons.com - senate, usdc, Crypto, bank, Dow Jones Newswires, US stocks, occ, circle, North America

Circle Wants to Open a Bank. What That Means for the Stablecoin Giant. — Barrons.com

By Nate WolfStablecoin issuer. Hype stock. Crypto giant. Circle Internet Group now has another title in its sights: bank.Circle has submitted an application to the Office of the Comptroller of the Currency (OCC) to establish a national trust bank cal

Crypto PAC-backed candidate wins Virginia primary for vacant House seat - senate, Crypto, crypto, million, 2024, april, Cointelegraph, pac, house

Crypto PAC-backed candidate wins Virginia primary for vacant House seat

James Walkinshaw, a Democratic candidate seeking to replace the late Representative Gerry Connolly for Virginia’s 11th Congressional District, won a party primary after a cryptocurrency-backed political action committee (PAC) spent more than $1 milli

Crypto tax amendment dropped from Senate’s ‘Big, Beautiful Bill,’ but Sen. Lummis plans to keep pushing - senate, Crypto, crypto, block, trump, The Block, bbb, donald trump, house

Crypto tax amendment dropped from Senate’s ‘Big, Beautiful Bill,’ but Sen. Lummis plans to keep pushing

A cryptocurrency tax provision that would have scored big for advocates ultimately didn't make it into President Donald Trump's "big, beautiful bill," passed out of the Senate on Tuesday.The amendment, proposed by Sen. Cynthia Lummis, R-Wyo., would h

Crypto Clash in Congress: Senate Kills Bill Barring Politicians From Profiting on Crypto - senate, bitcoin, defi, Crypto, Coinpedia, crypto, trump

Crypto Clash in Congress: Senate Kills Bill Barring Politicians From Profiting on Crypto

US Senator Jeff Merkley, a Democrat from Oregon, recently introduced an amendment to the “Outlaw Big and Beautiful Bill” (OBBB) to prevent elected officials from promoting or profiting from cryptocurrencies in which they have a financial stake. Howev

Trump’s Big Beautiful Bill in overtime as senators jam crypto clauses - senate, one, america, Crypto, crypto, Cointelegraph, house, earth, token, may, musk, trump, donald trump

Trump’s Big Beautiful Bill in overtime as senators jam crypto clauses

US Senate discussions over President Donald Trump’s mega tax and spending bill could go all night as senators look to tack on amendments, including some that would affect crypto.The Senate’s vote-a-rama — where lawmakers can propose amendments that a

Big Money Buys Ethereum as Retail FOMOs Into Bitcoin, What Happens Next? - senate, bitcoin, term, donald trump, ethereum, fomo, NewsBTC, Crypto, chart, eth

Big Money Buys Ethereum as Retail FOMOs Into Bitcoin, What Happens Next?

Bitcoin and Ethereum both posted modest gains in the past week, with BTC rising 6.2% and ETH up by 9.6%. However, momentum appears to have paused at the start of the new week.As of Monday, Bitcoin trades just above $107,000 after a slight 0.6% daily

Stablecoins Are the Talk of Wall Street. Here's When Consumers May Actually Use Them. — Barrons.com - senate, visa, wolf, stablecoin, Dow Jones Newswires, North America, Crypto

Stablecoins Are the Talk of Wall Street. Here's When Consumers May Actually Use Them. — Barrons.com

By Nate WolfFor an asset class touted as a boring alternative to volatile cryptocurrencies like Bitcoin and Ethereum, stablecoins have generated plenty of attention this June.The Senate advanced legislation last week to establish a regulatory framewo

US prosecutor intervenes in FTX-linked case, suggests resolution without trial - senate, Crypto, Cointelegraph, bond, one, april, sec, ftx

US prosecutor intervenes in FTX-linked case, suggests resolution without trial

Jay Clayton, the former chair of the US Securities and Exchange Commission and now interim US Attorney for the Southern District of New York (SDNY), has suggested that prosecutors and defense lawyers may explore a “potential resolution” in the crimin

Banking Committee chair sets September goal for market structure bill - senate, Crypto, Cointelegraph, house, sec, donald trump, act

Banking Committee chair sets September goal for market structure bill

US Senator Tim Scott, chair of the Senate Banking Committee, said the chamber would be aiming to pass legislation for digital asset market structure “before the end of September.”In a Thursday “fireside chat” with Wyoming Senator Cynthia Lummis and W

Circle stock becomes largest component of VanEck’s digital asset index - senate, index, etf, Cointelegraph, usdc, circle, second, Crypto

Circle stock becomes largest component of VanEck’s digital asset index

Shares of Circle Internet Group (CRCL) holds the largest weighting in VanEck’s digital asset corporate index, highlighting the stablecoin issuer’s growing influence in the crypto economy.Circle stock makes up 13% of the MVIS Global Digital Assets Equ

Texas Bitcoin Reserve Might Pass Without the Governor’s Signature - senate, bitcoin, sbr, sb, one, house, Crypto, Beincrypto

Texas Bitcoin Reserve Might Pass Without the Governor’s Signature

Texas Governor Greg Abbott has yet to sign Senate Bill (SB) 21, which would establish a Strategic Bitcoin Reserve (SBR) for the state.On June 20, Abbott signed 306 bills from the 89th Regular Legislative Session, including 15 considered high-priority

Stablecoin Bill Could Extend Dollar's Global Dominance — Market Talk - senate, North America, Dow Jones Newswires, Crypto

Stablecoin Bill Could Extend Dollar's Global Dominance — Market Talk

The Senate's approval of a bill to regulate stablecoins brings the U.S. closer to extending its global dollar dominance into the digital age, Deutsche Bank strategist Marion Laboure says in a note. If the bill is enacted, dollar-pegged stablecoins co

Senate passes stablecoin bill, turning focus to House - senate, house, meta, donald trump, april, usdt, one, stablecoin, tether, trump, The Block, Crypto, genius

Senate passes stablecoin bill, turning focus to House

With significant bipartisan support, the U.S. Senate passed the landmark GENIUS Act on Tuesday, advancing federal efforts to regulate stablecoins and putting pressure on the House to chart the next phase of the nation's efforts to regulate digital as