Stablecoins
US lawmakers’ proposed ban on algorithmic stablecoins draws industry backlash
The Lummis-Gillibrand stablecoin bill could heavily limit stablecoins in the US.
Mike Dalton 3 min read
US News
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Regulation
Senator Warren wants to extend anti-money laundering rules to crypto miners and validators
Warren argued that sanctioned countries like Iran make substantial revenue from validating blockchain transactions and mining Bitcoin.
Stablecoins
US senators propose bipartisan stablecoin bill opening door to FDIC insurance in US
The bill classifies payment stablecoins' classification as customer assets rather than belonging to the issuer.
Latest US Crypto News & Analysis
Exchanges
Binance.US appoints ex-New York Fed chief as board director to boost compliance efforts
Binance US's market share has plummetted to under 1% following its regulatory struggles with the authorities.
Crypto
New legislation in Arkansas singles out Bitcoin miners introducing targeted state fee
Bitcoin miners are facing increased regulatory attention due to the energy demands of their operations.
Tokenization
Polkadot eyes $8.8 million sponsorship deal with Lionel Messi’s Inter Miami
Polkadot's community has made a series of sport-related marketing moves as part of efforts to increase the blockchain's popularity.
Regulation
Stablecoin regulation more likely this year following key discussions among lawmakers
House Financial Services Chair Patrick McHenry and ranking member Maxine Waters met with Schumer last week to deliberate on stablecoin legislation.
Taxes
Top IRS official says ‘pure crypto tax crimes’ on the rise alongside scams
IRS criminal investigation chief Guy Ficco reported an "uptick" in tax evasion related to crypto transactions and gains.
ETF
Bitwise reveals spot Bitcoin ETFs outperformed pre-release predictions by a significant margin
Spot Bitcoin ETFs are on track to surpass even the most optimistic predictions about their year-end AUMs.
More US Crypto News Headlines
DeFi
US court hands down historic sentence for smart contract hacker
Mining
CleanSpark to add 23EH/s new BTC miners amid potential hash rate drop post-halving
Culture
FinCEN commends Coinbase for its contributions in major criminal case
Investments
