“The CFTC is locked in and ready to ship its rules for the new frontier of finance,” CFTC chair Mike Selig wrote in a post on X following the vote on Wednesday. The CFTC, on Friday, also published a no-action letter, giving certain software providers a way to connect users to regulated derivatives markets without […]
President Donald Trump is expected to be in attendance when the administration’s new innovation committee — a crowd of crypto CEOs and leaders of prediction market and AI companies — sits for a White House meeting on Wednesday, said people briefed on the planning. The chief executives of companies such as Coinbase, Ripple, Gemini, Robinhood, […]
The source also said SEC staff have become increasingly focused on the agency’s legal authority to issue such broad relief, including whether it has completed sufficient economic analysis and followed the procedural steps required to justify an exemption. Industry insiders have been instructed that this effort may need to wait for the outcome of the […]
There are two timelines at war, now. First, the Senate’s own calendar is famously difficult to negotiate, with any contentious bill requiring days of floor time. Each passing hour narrows the legislation’s odds as just seven days remain before the recess, when senators will leave Washington and largely shift focus to the consequential midterm elections […]
This negotiation over the government conflict-of-interest piece had delayed progress on the Clarity Act for months — now potentially beyond the window in which it could most easily become law in 2026. This week’s release of the final working draft of Clarity included the first ethics language openly circulated, so Democrats are now responding — […]
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 a clearer tax code for digital asset gains. The latest […]
White House AI and Crypto Czar David Sacks is changing titles and joining the President’s Council of Advisors on Science and Technology as co-chair, he announced Thursday. Sacks, who was named U.S. President Donald Trump’s crypto and AI czar before Trump retook office last January, has overseen the White House’s early work on crypto initiatives, […]
More progress was made but no compromise deal has yet emerged after a meeting hosted by the White House on Thursday to bring crypto insiders and bankers to the table again on U.S. digital assets legislation, according to crypto insiders who attended. “Today’s constructive meeting at the White House reflects the importance of focused working […]
With Democrats favored at 75% to win the U.S. House of Representatives majority in 2026 on prediction market Kalshi, Representative Maxine Waters’ new criticism of Securities and Exchange Commission Chairman Paul Atkins’ crypto policies could gain more energy. Though Congress remains on its winter break, the ranking Democrat on the House Financial Services Committee called […]
A senior Democrat in the House of Representatives, Jamie Raskin, joined his name to lawmakers seeking answers about President Donald Trump’s recent dinner for top investors in his memecoin, sending questions directly to Trump. Raskin, the ranking Democrat on the House Judiciary Committee, has been a vocal critic of the president and becomes the latest […]
Gaming tokens have seemingly been on the sidelines since the 2021 crypto boom. In fact, data from SoSoValue shows that they were the worst-performing crypto basket over the last 12-month period, enduring a 62% drop in the period, compared to a 174% rise on PayFi tokens. However, under the Trump administration’s crypto-friendly stance, it might […]
The U.S. Congress’ opening priority for the crypto industry is to quickly finish a stablecoin oversight bill, and the House of Representatives has released the text of its version on Wednesday, following in the heels of a recent committee approval of its Senate counterpart. The House version, introduced by Rep. Bryan Steil, who leads the […]