In brief TRM Labs’ Ari Redbord told a House subcommittee that the Bank Secrecy Act is “structurally incapable” of keeping pace with …
Crypto
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Finance
Bank of America reveals $53.1M in crypto ETF holdings, led by BlackRock’s Bitcoin fund
by shayaanby shayaanBank of America (BofA) has disclosed approximately $53.1 million in crypto-related exchange-traded fund (ETF) holdings in its latest quarterly filing with the …
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This past week saw incremental, but potentially important steps. www.coindesk.com
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Regulation
US labor federation warns CLARITY Act could push crypto closer to workers’ retirement money
by shayaanby shayaanThe AFL-CIO is trying to recast the Senate CLARITY Act from a fight over banks, stablecoin rewards, and crypto market structure into …
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Markets
Trump Media moved but 'did not sell' $205 million in bitcoin amid rising losses on crypto bets
by shayaanby shayaanDJT’s bitcoin strategy remains under pressure as the company sits on hundreds of millions in unrealized crypto losses and widening quarterly deficits. …
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Regulation
CLARITY Act will end crypto regulatory ambiguity says Senator Lummis
by shayaanby shayaanSenator Cynthia Lummis says the CLARITY Act is designed to end the regulatory ambiguity that has dogged American crypto consumers and the …
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DeFi
Uponly Partners With Anome Protocol, Bridging Crypto Launchpad With DeFi Cross-Chain Utilities
by shayaanby shayaanAmidst its bold move to bring new blockchain-enabled applications and provide a superior Web3 experience in the crypto launchpad sector, Uponly AI, …
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Scams
Bitcoin Dives Below $75K for First Time in a Month as Crypto Liquidations Near $1 Billion
by shayaanby shayaanBitcoin is starting to rebound after a rocky night that saw the top cryptocurrency by market cap dive below $75,000 for the …
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Regulation
Russia finalizes bill banning personal non-custodial crypto wallets, mandates licensed intermediaries
by shayaanby shayaanRussia’s Ministry of Finance has finalized a regulatory bill that will prohibit individual investors from using non-custodial cryptocurrency wallets, according to local …
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The bill’s restrictions on yield-bearing crypto products may push the industry away from passive “hold-to-earn” models and toward AI-driven, compliant yield infrastructure, …