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 …
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In brief A Unitree Robotics G1 humanoid named Gabi was formally initiated as a monk at Seoul’s Jogyesa Temple on Wednesday. The …
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Markets
Anthropic signs Elon Musk's SpaceX for Colossus 1 compute ahead of June IPO
by shayaanby shayaanThe Claude maker said Wednesday it would use all the compute capacity at SpaceX’s Colossus 1 data center, the latest partnership stitched …