Utah One Vote Away, But Some States Fail to Break Through on Crypto Stakes
Five states’ crypto efforts faltered as Texas advances and Utah nears a final vote, leaving the state-level push for digital asset reserves with mixed results.
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Five states’ crypto efforts faltered as Texas advances and Utah nears a final vote, leaving the state-level push for digital asset reserves with mixed results.
The fact that the Trump administration has installed many crypto-friendly people in positions of power doesn’t mean that the industry will now get a free pass.
In a hearing with the loaded title “A Golden Age of Digital Assets,” the sector was — for the first time — mostly treated as a welcome arrival to U.S. finance.
Utah cleared its digital assets bill through the state house, and Kentucky and Maryland introduced their own efforts, making it 18 states working on such bills.
The son of the U.S. president made a surprise appearance at the Ondo Summit in New York City on Thursday.
The company plans to launch three ETFs later this year, all issued under the Truth.Fi brand.
Caroline Pham, the agency’s acting chairman, is scheduling an experts roundtable to reset the CFTC’s course on this “sinkhole of legal uncertainty.”
FDIC Acting Chairman Travis Hill said the agency is overhauling its crypto approach, just as U.S. senators examined regulators keeping banks out of crypto.
Buying the dip after a massive liquidation flush and higher demand for stablecoin could fuel growth in bitcoin and the broader crypto market, some say.
The earnings season is here, and electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) is among notable Wall Street giants under … Continue reading
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