Sen. Cynthia Lummis said the FDIC has been accused of destroying materials related to Operation Choke Point 2.0, an alleged initiative by the Biden administration in coordination with regulators to block banks' engagement with digital assets.
With less than a week left before he steps down from his post as SEC chief, Gary Gensler has some very straightforward words for the broader cryptocurrency space, but he did acknowledge that Bitcoin has potential to morph into something bigger than it already is.
Bitcoin climbed above $97,000 Tuesday night amid a report that Donald Trump will sign an executive order on Day 1 that should benefit the crypto space.
CFTC Chair Rostin Behnam will join SEC Chair Gary Gensler in stepping down on Jan. 20, marking the beginning of a new era in crypto regulation under Donald Trump 2.0.
Coinbase has revealed almost entirely unredacted letters from the FDIC to member banks that showed how it asked the member banks to not engage in some Bitcoin and crypto-related activities.
MiCA has finally come into full force, and it has a long list of requirements for businesses that seek to do business or are already providing services or crypto products to citizens in the European Union's member states.
$USDT's price dropped over the weekend amid fears around the fate of the world's largest stablecoin, considering the European Union's MiCA implementation in full force Monday.
The title for the world's top crypto hub is up for grabs, and rising to the challenge are two unlikely rivals that could shape the future of the blockchain and digital assets space: United States and Hong Kong.
Bo Hines is a hot topic among crypto users on X after Donald Trump announced his appointment into the leadership of the new Crypto Council, but many smaller crypto holders are concerned the former college footballer may not have the experience necessary to fill the role's big shoes.
Congressional leaders unveiled a 1,547-page stopgap bill to avert a government shutdown that could have kicked off Saturday, and squeezed into the bill is a measure that specifically tackles the deployment of blockchain technology.
Sen. Tim Scott will lead the Senate Banking Committee in 2025, and he has promised to champion change for the crypto industry, particularly on policies that stifle innovation at home turf.
Rep. French Hill of Arkansas has been chosen by his colleagues to lead the House Financial Services Committee – Hill is widely recognized in the crypto space due to his anti-CBDC views.
David Sacks has been appointed as the Trump government's AI and crypto czar – the first-of-its-kind position in the White House, and a role that demands the delivery of a crypto legal framework to provide clarity for the burgeoning industry.
The crypto community is in high spirits after Donald Trump formally nominated Paul Atkins to lead the SEC after Gary Gensler steps down in January – many believe he will bring a much-needed revamp to the agency that has become a nemesis of digital assets under Gensler.
Chris Giancarlo has earned the moniker "Crypto Dad" for his pro-innovation views, and this time, he is reportedly a frontrunner for what could be the country's first ever crypto-focused White House role.
The Trump government is reportedly looking at the possibility of giving the CFTC the authority to regulate the spot market for Bitcoin and other cryptocurrencies, potentially providing more clarity on which regulator should oversee the industry.
Another Democratic SEC leader is leaving pre-term after Chair Gary Gensler announced his premature resignation, leaving the Wall Street regulator with one Democratic Commissioner as the Trump government takes over the White House.
Donald Trump is reportedly considering creating the first-of-its-kind position in the White House that will focus on crypto policy, and crypto users already have candidates in mind, including very familiar names.
The Attorneys General of 18 states have filed a lawsuit against the SEC and its Chair Gary Gensler over the financial regulator's "overreach" in regulating the crypto industry.
TD Cowen believes the SEC chief under the Donald Trump government will likely hold off enforcement actions on the crypto industry, and bipartisan legislation will be more likely with Republicans retaking the Senate.
A new poll commissioned by the Blockchain Association has revealed critical details about the perceptions of American voters regarding the Gary Gensler SEC's enforcement-first approach toward digital assets.
Paxos CEO Charles Cascarilla has written an open letter to former president Donald Trump and Vice President Kamala Harris, urging them to provide clear regulations for the digital assets space, including for the huge stablecoin segment.
Sen. Elizabeth Warren squared off with pro-crypto lawyer John Deaton Tuesday night for their first debate, and what could have been a short discussion on the crypto industry turned into a heated 8-minute exchange.
Crypto.com is taking the SEC to court after the crypto exchange received a Wells notice, joining the expanding list of crypto-related firms that have been threatened with enforcement action for their services and offerings.
Rep. Tom Emmer of Minnesota believes it's still possible for FIT21 to be passed this year, and he also reiterated that someone needs to keep putting SEC Chair Gary Gensler in the hot seat over his hostility toward cryptocurrencies.
Billionaire and Shark Tank investor Mark Cuban has seen his fair share of huge roles in the corporate world – now he wants a top position at what could be the most contentious agency for the crypto industry.
Members of the U.S. House Financial Services Committee on Tuesday criticized SEC Chair Gary Gensler for his leadership that initiated an ongoing three-year crackdown on digital assets.
Coinbase collided with the SEC Monday as the crypto exchange giant continues to push the Wall Street regulator for crypto-centric rulemaking, which the Commission has refused.
Crypto users are looking forward to Gary Gensler's appearance at a House hearing Tuesday, where a lawmaker has hinted that the SEC chair will ultimately be grilled.
For the first time ever, Kamala Harris has spoken about crypto, saying she will "encourage" digital assets innovation. Is this the beginning of a significant shift, or is she a little too late in the race toward winning crypto voters?
