Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide Search
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Senate hostile towards Libra, Facebook suggests regulators must act or risk losing US dollar dominance to Bitcoin

“Keep Big Tech Out of Finance Act” proposes $1 million per day fine on large tech companies acting as financial institutions

US Treasury Secretary: Bitcoin a “national security issue,” cryptocurrency dominated by illicit activity and speculation

SEC Commissioner implores the Agency to provide regulatory clarity for cryptocurrency
Colorado’s Digital Token Act Provides Securities Exemptions to Businesses Leveraging Utility Tokens

UK Takes Steps Towards Legal Clarity for Cryptos—Does Not See Utility Token As Securities
Three Factors Fueling the Surprising Growth of Crypto Funds
Mastercard Files Patent to Link Fiat and Cryptocurrency Transactions

Ripple Labs Hit With Class-Action Lawsuit

Reg A+ Cap Expansion Could Attract More ICO Interest Within the US

White House crypto czar leaves office after securing crypto wins for banks and institutions instead of Bitcoin
David Sacks exits after shaping U.S. crypto policy, delivering institutional gains while Bitcoin promises remain unresolved.

A new US rule wiped $5B off Circle — but it may hurt Coinbase more
A regulatory draft triggers market confusion, but analysts believe Circle remains well-positioned to recover from whatever decline it suffers.

Stablecoins just lost key battle as insurance protection to be reserved only for bank-issued tokens
Not all digital dollars are equal anymore as FDIC signals only banks will get insurance protection.

Citi slashes Bitcoin target by $31,000 despite rising prices as Washington delays stall crypto breakout
Citi still sees upside for Bitcoin and Ethereum, but slower US policy is shrinking how far prices can run this year.

Washington is trying to stop a government digital dollar before the Fed even builds one
The Senate voted 84-6 to advance a bill blocking a Federal Reserve digital dollar through 2030, leaving just six senators on the other side of one of Washington’s biggest crypto-policy flashpoints.

The Fed is readying to punish banks for holding Bitcoin as US crypto tensions boil over
Basel’s thresholds and punitive risk weights can make direct Bitcoin exposure prohibitively expensive even when it’s legally permitted.

The same crypto founders the US just stopped chasing are now funding Trump’s crypto tokens
Sun’s $10 million settlement and earlier Binance relief reduce legal overhang as Trump linked projects sit close to key distribution channels.

Americans are driving Bitcoin’s latest rally while the rest of the world sells
Bitcoin tracks war risk like a 24/7 barometer, yet the real repricing starts when U.S. liquidity returns.

Most Bitcoin ETFs rely on one custodian — creating a hidden single point of failure
Spot Bitcoin ETFs shift control from holders to institutional custody stacks and governance layers.

















