Crypto industry insiders got their first look at the revised market structure bill in the Senate, and the opening impression was that the language on allowable stablecoin yield was overly narrow and unclear, according to a person familiar with the current draft. The new language,… Read More
The two U.S. senators negotiating a controversial provision in the crypto industry’s market structure bill — Republican Thom Tillis and Democrat Angela Alsobrooks — have reportedly agreed on a compromise that could advance the industry’s top priority to the next stage in the Senate. Connor… Read More
The negotiation to get a crypto market structure bill through its next stages in the Senate have hovered over an almost-there status for weeks, and Republican lawmakers met on Thursday to figure out how to bridge the final gaps. The White House was expected to… Read More
The banking industry has more to gain from the stalled U.S. Digital Asset Market Clarity Act, a bill aimed at regulating digital assets, than the crypto industry, according to Christopher Giancarlo, a former chairman of the country’s Commodity Futures Trading Commission (CFTC). “The banks need… Read More
U.S. President Donald Trump said bankers are trying to undermine the GENIUS Act — the signature stablecoin legislation he signed into law last year — in a Truth Social post Tuesday, and he urged passage of Congress’ crypto market structure legislation without interference. “The U.S.… Read More
Ilya Lichtenstein, who was sentenced to five years in prison in November 2024 after pleading guilty to charges tied to the 2016 Bitfinex cryptocurrency exchange hack, was released from prison after just 14 months behind bars. “Thanks to President [Donald] Trump’s First Step Act, I… Read More
