U.S. Senate passes housing bill that carries four-year ban on a Fed CBDC
The idea of a U.S. central bank digital currency — though little more than a research topic at the Federal Reserve — may be getting formally blocked.
Regulation
U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch
The Federal Reserve, Treasury and other regulators have issued a proposed rule that would set identification standards, and it’s now open for public comments.
BitGo offers Europe’s crypto firms a MiCA-compliance lifeline as license deadline looms
BaFin-regulated BitGo says its Crypto-as-a-Service platform can help eligible crypto players across Europe with an alternative way to navigate MiCA.
Crypto PAC’s $12 million Senate candidate, Barry Moore, wins Alabama GOP primary
The Trump loyalist drew more crypto dollars than any candidate so far in this year’s midterms, and the result marks a big win for the industry’s political arm.
U.S. House bill would erect crypto-theft task force across law enforcement agencies
New legislation from a bipartisan duo would set up a multi-agency group under the U.S. attorney general to take a lead on cryptocurrency theft cases.
5 corruption gaps Congress must close in the Clarity Act
The most consequential crypto legislation in the world is moving forward in the U.S. Senate. As written, it leaves the United States exposed to money laundering, sanctions evasion, and conflicts of interest at the highest levels of government, argues Greytak.
U.S. House tax committee weighs crypto bills, including relief for small transactions
Seven draft bills are being circulated by the House Ways and Means Committee ahead of a hearing next week, including proposals to ease small-gain, mining and staking burdens.
Alsobrooks says Clarity Act needs ethics deal before Senate vote
The Maryland Democrat says bipartisan crypto legislation is close, but ethics and illicit finance concerns remain unresolved.
Crypto Clarity Act in spotlight for bad-actor provisions as Senate process grinds forward
The industry has been trying to make a case this week the Clarity Act provides law enforcement strong tools to combat illicit finance involving cryptocurrency.
OCC chief says Democrats applying sole political pressure in World Liberty charter choice
The regulator rejected claims he’s doing President Trump’s bidding during a congressional hearing that also addressed the GENIUS Act stablecoin push.