If crypto goes back to the congressional drawing board, 3 Democrat women loom large

Categories
Crypto News

“I voted against the GENIUS and Clarity acts because they fail to adequately address abuse and instead open the door to corruption,” she said last year. “At a time when the current occupant of the Oval Office is personally benefiting from crypto and memecoin ventures, these bills do nothing to close conflict-of-interest loopholes.” But if […]

Brazil’s central bank orders exchanges to delay large crypto transfers abroad

Categories
Crypto News

Brazil’s central bank will require crypto exchanges to delay some customer transfers to foreign platforms and self-custody wallets for up to 24 hours as part of new anti-fraud rules. The requirement takes effect Jan. 1, 2027 under Resolution BCB No. 584/2026, published Aug. 7. The rule applies when a customer deposits the country’s fiat currency […]

A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor, NYDIG says

Categories
Crypto News

A $1.26 billion block sale of BlackRock’s iShares Bitcoin Trust (IBIT) this week might have been driven by a large investor seeking a rapid exit from bitcoin exposure rather than the unwinding of a common hedge-fund trading strategy. That’s according to an analysis published by crypto investment firm NYDIG. The transaction took place on May […]