US adopts crypto in mortgage risks as Fannie Mae and Freddie Mac update asset models
US Federal Housing Finance Agency (FHFA) Director Willian J. Pulte ordered on June 25 that Fannie Mae and Freddie Mac...
Regulations
US Senator Adam Schiff Introduces Legislation To Stop President Trump’s ‘Exploitation’ of Digital Assets
US Senator Adam Schiff has introduced a new bill that aims to prevent President Donald Trump and his family members...
Florida Duo Allegedly Steal $100,000,000 in Funding Meant To Support Americans With Special Needs and Disabilities: DOJ
Two Florida men are facing the possibility of multiple decades in prison after allegedly masterminding a fraudulent scheme to steal...
Arizona state won’t buy Bitcoin
HB 2324 heads to the governor’s desk after House vote, establishing a U.S. first: a state-run Bitcoin reserve funded entirely...
US academic institutions urge SEC to implement stringent crypto staking rules, oversight
Representatives from multiple universities met with the US Securities and Exchange Commission’s (SEC) Crypto Task Force on June 23 to...
Senate Banking Committee pushes for rapid legislative action on crypto market framework
The Senate Banking Committee released a seven-point framework for digital asset market structure and heard testimony urging Congress to translate...
Powell reaffirms Fed has no issues with banks conducting crypto activities
Federal Reserve Chair Jerome Powell reaffirmed that the central bank does not object to U.S. banks providing services to cryptocurrency...
Fed joins regulators dropping reputational risk factor, clearing banks to serve crypto firms
The Federal Reserve Board on June 23 removed reputational risk from its bank supervision program, ordering staff to strike the...
Cathie Wood’s ARK Invest Unloads $238,200,000 Worth of Circle Shares in Just One Week After Massive Price Surge
The tech-focused investment firm ARK Invest is dumping its massive trove of Circle (CRCL) shares as the stock goes through...
Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund
Texas Governor Greg Abbott signed the “Bitcoin Reserve Bill” SB 21 into law on June 21, allowing the state to...
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