The US Treasury is scrutinizing Benchmark Capital’s $75 million investment in Manus AI, a Chinese startup focused on artificial intelligence technology. This investigation comes under the scope of […]
OCC Clarifies Banks’ Crypto Custody Authority: Potential Boost for Institutional Involvement
The Office of the Comptroller of the Currency (OCC) has issued new guidance clarifying banks’ authority to engage with cryptocurrencies, potentially opening doors for increased institutional participation in […]
U.S. Banks Can Offer Crypto Services Without Prior Approval from the OCC
The U.S. Office of the Comptroller of the Currency (OCC) recently announced a significant change for banks: they can now offer crypto-related services, including custody and trading execution, […]
Fed Chair Powell Emphasizes Flexible Monetary Policy, Boosting Crypto Markets
The U.S. Federal Reserve Chair Jerome Powell reiterated his commitment to a flexible monetary policy stance during his recent congressional testimony on May 7, 2025. This dovish message […]
HTX Ventures Predicts Surge in Crypto Regulation for 2025
HTX Ventures, the strategic arm of HTX, has released a report anticipating an increased regulatory environment for cryptocurrencies by 2025. This prediction stems from the evolving policy landscape […]
Senator Proposes Act to Curb Presidential Crypto Involvement
A new bill proposed by Senator Chris Murphy aims to regulate presidential involvement in cryptocurrency, targeting potential conflicts of interest. Known as the MEME Act (Promoting Ethical Money […]
US Senate Approves Bowman for Fed Vice Chair Position
The U.S. Senate has advanced Michelle Bowman’s nomination for the Federal Reserve Vice Chair position, a move that signals significant shifts in leadership at the central bank and […]
Senate Democrats Propose Ban on Presidential Crypto Investments
In a bid to prevent potential conflicts of interest, Senate Democrats have proposed legislation restricting presidential and family members from engaging with cryptocurrency assets. The proposal comes after […]
Yellen Opposes Fed-Issued Digital Currency Amid Debt Concerns
U.S. Treasury Secretary Janet Yellen has reiterated her opposition to the Federal Reserve issuing a digital currency (CBDC), emphasizing concerns about potential financial instability and existing system impacts. […]
Deribit Eyes U.S. Entry Amid Regulatory Shifts
Cryptocurrency exchange Deribit is considering entering the United States market, driven by a more favorable regulatory climate under former President Trump. CEO Luuk Strijers confirmed this move, citing […]
Big Banks Embrace Crypto: FDIC Approves Activities Without Prior Approval
Three major financial institutions – the FDIC, Silicon Valley Bank, and others – are diving into the world of cryptocurrencies as regulatory landscapes evolve. This marks a significant […]
UK Tightens Crypto Rules: Ban on Borrowing for Investments
The UK’s Financial Conduct Authority (FCA) is set to enforce strict new rules targeting cryptocurrency investments. A ban on borrowing money from traditional financial institutions to invest in […]
Morgan Stanley & Charles Schwab Enter Crypto Trading as Regulatory Landscape Evolves
Two prominent financial institutions, Morgan Stanley and Charles Schwab, are preparing to offer crypto trading services in response to eased U.S. regulatory guidelines. Both firms plan to launch […]
Kuwait Tightens Control on Cryptocurrency Mining Amidst Power Crisis
Kuwait is facing a critical power shortage, prompting the government to implement stricter measures against cryptocurrency mining. The energy-intensive nature of crypto mining poses a significant threat to […]