U.S. Representative Maxine Waters may soon return to the helm of the House Financial Services Committee if Democrats perform as expected in the November elections, and she’s asking that the Department of Labor back away from a proposal that would encourage the managers of 401(k)… Read More
The pullback marks a sharp reversal from expectations at the start of 2026, when many industry executives anticipated a wave of crypto listings following successful IPOs by Circle (CRCL) and CoinDesk’s owner Bullish (BLSH). Crypto investors also worry that this year’s blockbuster AI-related IPOs are… Read More
Thanks to the newly passed U.S. Senate housing affordability bill, the Federal Reserve may be heading toward a formal ban from instituting a digital dollar in the form of a central bank digital currency (CBDC), despite the fact the Fed wasn’t working on such a… Read More
The punishments of Alexander Mashinsky, the imprisoned former chief of Celsius until its high-profile collapse, continue with a formal banishment from any ability to seek business with the U.S. Commodity Futures Trading Commission or the trading it oversees. The derivatives regulator didn’t pile any new… Read More
A package of several crypto tax bills may not be ready yet for prime time, as a U.S. House Ways and Means Committee hearing revealed potentially significant questions from lawmakers that suggested the panel hasn’t achieved a bipartisan embrace of the bills that would tailor… Read More
The first week of June may turn crypto’s 2025 policy wins into hard deadlines. Comment periods for the GENIUS Act’s stablecoin rules start closing this week, reaching the point where a federal framework stops being statute and becomes the operating rules issuers have to build… Read More
