As the market reacts to the latest crypto legislation, Ethereum (ETH) is flashing warning signs after a fresh technical sell signal emerged …
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Regulation
American Bankers Association urges banks to oppose stablecoin yield loophole in Digital Asset Market Clarity Act ahead of Senate markup
by shayaanby shayaanThree days before the Senate Banking Committee sits down to mark up the Digital Asset Market Clarity Act, the American Bankers Association …
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Senator Chuck Grassley has thrown his weight behind the CLARITY Act, adding a significant bipartisan endorsement to one of the most consequential …
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Warsh’s confirmation to the Fed board positions the crypto-linked investor to replace Jerome Powell as chair amid inflation and digital asset policy …
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Regulation
South Korea’s tax agency deploys on-chain surveillance ahead of 2027 levy
by shayaanby shayaanSouth Korea’s National Tax Service is building an AI system that tracks crypto transactions and catches tax evaders. The agency kicked off …
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Markets
Kraken parent Payward seeks fresh funding at $20 billion valuation ahead of planned IPO
by shayaanby shayaanThe crypto exchange operator is pursuing a new fundraising round as it ramps up acquisitions across derivatives and stablecoins while laying the …
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Markets
Banking groups escalate fight over stablecoin yield ahead of Senate vote
by shayaanby shayaanThe American Bankers Association amplified warnings the Senate’s Clarity Act could push deposit flight into stablecoins unless lawmakers tighten yield limits. www.coindesk.com
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Mining
MARA expected to post Q1 losses as investors look ahead to AI growth strategy
by shayaanby shayaanMARA Holdings (MARA) is scheduled to report first quarter earnings after the market close on May 11, with Wall Street analysts expecting …
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Scams
Elizabeth Warren Wants Meta to Spill All on Stablecoin Plans Ahead of Clarity Act Votes
by shayaanby shayaanIn brief Elizabeth Warren pushed Meta to fully reveal its stablecoin plans before the Senate votes on the Clarity Act. Warren warned …
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Regulation
Crypto PAC spends $500K in support of Indiana candidate ahead of primary
by shayaanby shayaanDefend American Jobs, the cryptocurrency-backed political action committee (PAC) affiliated with Fairshake, reported spending more than $500,000 on media to support a …