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Iran’s crypto volume plunges 80% but remains structurally sound: TRM Labs
Iran's cryptocurrency ecosystem has contracted sharply and shifted into risk containment mode in the wake of military…
US Senate’s anti-CBDC housing bill advances with bipartisan support
The bill includes a provision prohibiting the Federal Reserve from issuing a CBDC through the beginning of 2031.
U.S. Senate housing bill includes CBDC ban
The Senate Banking Committee's bipartisan "ROAD to Housing Act" includes a provision banning the Fed from issuing a C…
Uniswap wins full dismissal in long-running scam token class action
The judge said plaintiffs had multiple chances to amend their complaint but still failed to state a viable claim agai…
Prosecutors seek forfeiture of $327K in Tether after alleged dating app crypto fraud
Prosecutors are looking to seize $327,829 worth of Tether after prosecutors say a person in Massachusetts was duped o…
Australia could unlock A$24 billion in digital finance gains, is on track for just A$1 billion
An OKX-backed report estimates tokenization and digital finance could generate A$24 billion annually, with productivi…
The Daily: Fresh Polymarket accounts net $1M ahead of US airstrikes on Iran, JPMorgan says crypto bill could be approved within months and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
CFTC taps former federal prosecutor David Miller to lead enforcement divison as crypto role grows
Commodity Futures Trading Commission Chair Michael Selig tapped David Miller to lead the agency's enforcement division.
Crypto outflows spike 700% on largest Iranian exchange following US-Israeli attack on Saturday: Elliptic
Outflows reportedly spiked 700% on Nobitex, the largest Iranian crypto exchange, which processed about $7.2 billion i…
European bank consortium targets 2026 launch for euro-backed stablecoin: report
12 major European banks are moving forward with a euro-backed stablecoin under the Qivalis consortium, aiming for a s…
Anchorage releases first USAT attestation showing $17.6 million in reserves backing Tether’s US stablecoin
USAT CEO Bo Hines has said Tether could become one of the top 10 buyers of U.S. Treasury bills this year as demand fo…
Turkey's ruling party unveils 10% crypto income tax proposal
The bill proposes a 10% tax on gains from regulated crypto platforms, withheld quarterly, with the president having t…
South Korea finance minister pledges review of seized crypto custody after recovery phrase leak
Minister of Finance Koo Yun-cheol stated that the government will urgently review how public institutions manage seiz…
JPMorgan says crypto market structure bill could be approved by mid-year and serve as positive catalyst in second half
Even as crypto sentiment remains weak, JPMorgan analysts see the possible mid-year approval of U.S. market structure …
Stablecoin yield rewards (likely won't be) banned under OCC proposal: State of Crypto
The OCC's proposal's stablecoin yield procedures are the most ambiguous in that rulemaking plan.
Bitcoin is stuck in a rut but JPMorgan says new legislation could be the ultimate spark
JPMorgan said the long-awaited Clarity Act would bring regulatory clarity, boost institutional participation and acce…
Judge blocks Binance from pushing class action suits over token sales into arbitration
The case traces back to a wave of class action lawsuits filed in April 2020 against major crypto exchanges and token …
SEC is seeking to regain crypto ground following ‘missed opportunity,’ Chairman Atkins says
The SEC is working to regain momentum on crypto after what Atkins described as a “big missed opportunity” under t…
Morgan Stanley doubles down on crypto, files for bank charter to custody digital assets and offer staking: Bloomberg
Morgan Stanley filed for a de novo national trust bank charter that would allow it to custody digital assets, accordi…
U.S. Senate Democrats asked Treasury, DOJ to probe Binance's illicit finance controls
Nine lawmakers asked the federal agencies to investigate the global crypto exchange after reports of potential fundin…
The Daily: Jack Dorsey’s Block cuts 40% of staff amid AI strategy, Barclays explores blockchain settlement, Senate Democrats urge Binance probe, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Senate Democrats urge AG Bondi and Treasury Sec. Bessent to probe Binance amid sanctions concerns
Senate Democrats are urging AG Pam Bondi to investigate Binance following reports that the crypto giant may be violat…
Punters want crypto: UK Gambling Commission explores how to keep bettors on licensed sites
The Gambling Commission said there is increasing searches and consumer demand for crypto payments in the United Kingd…
US strike force freezes and seizes over $580 million in crypto tied to Chinese crime networks
U.S. officials said they froze and seized roughly $580 million in cryptocurrency linked to Chinese scam networks targ…
Minnesota introduces bill to ban crypto kiosks after wave of elder fraud cases
Minnesota lawmakers considered bill to ban crypto kiosks after testimony detailed $80,000 elder fraud case and overse…
U.S. regulator's GENIUS pitch casts dark cloud over crypto sector's stablecoin model
The U.S. Office of the Comptroller of the Currency proposed rules that would govern stablecoins, including apparent l…
US lawmakers revisit stablecoin yields amid deposit flight concerns
Some senators warned that stablecoin yields could blur the line between crypto products and traditional bank deposits.
The Daily: ZachXBT probe alleges insider trading at Axiom, Vitalik’s February ETH sales hit $35M, OCC issues GENIUS Act proposal, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Vitalik Buterin unveils Ethereum roadmap to counter quantum computing threat
This move comes shortly after the Ethereum Foundation established a dedicated post-quantum research team to study the…
‘We do not want your support’: SBF backs Clarity crypto bill from prison, drawing bipartisan rebuke from Sens. Lummis and Warren
Former FTX CEO Sam Bankman-Fried's support of a broader cryptocurrency bill isn't sitting well with either side of th…