A group of Senate Republicans has urged US financial regulators to clarify the capital standards for companies engaged in crypto activities. Senator Cynthia Lummis said on Thursday that she led the group in sending a letter on May 27 to Federal Reserve Vice Chair for… Read More
The crypto firm tied to President Donald Trump, World Liberty Financial Inc., was again a focus of political scrutiny in a congressional hearing in which the chief of the U.S. Office of the Comptroller of the Currency suggested the only political pressure his agency feels… Read More
Though there’s no new sign of progress on the U.S. Senate’s Digital Asset Market Clarity Act, the crypto industry’s Blockchain Association held an online event Thursday with involved lawmakers continuing to make the case for support — especially in the law enforcement community — as… Read More
In the 1990s, exchange-traded funds (ETFs) were a novel idea. Many saw them simply as a new wrapper for traditional assets – a convenient repackaging of mutual funds. In reality, ETFs triggered a market structure revolution. By introducing creation/redemption mechanisms and arbitrage-driven liquidity, ETFs fundamentally… Read More
Strategy’s recent bitcoin sale, the first in more than three years, sparked a major dispute on Polymarket, with the dispute settlement body led by UMA token holders ultimately ruling against bettors who wagered the sale would occur by May 31. The controversy began after Strategy… Read More
SpaceX is planning to set the price of its initial public offering at $135 per share in a deal that would raise a record $75 billion and value the company at $1.75 trillion, the company said in a filing with the U.S. Securities and Exchange… Read More
