Crypto trade groups called for a markup of key market structure legislation within hours of U.S. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) releasing a compromise text Friday on stablecoin yield in the Digital Asset Market Clarity Act, the final major sticking point in… Read More
Michael Saylor, executive chairman of Strategy (MSTR), believes bitcoin likely bottomed in early February at $60,000. Speaking at a recent Mizuho event, Saylor reiterated his long-held view that bottoms aren’t necessarily about valuations but are driven by seller exhaustion, analysts Dan Dolev and Alexander Jenkins… Read More
Revolut, the U.K. fintech giant that offers crypto trading, filed an application for a U.S. banking license with the Office of the Comptroller of the Currency (OCC), a key step in its push to expand in the American financial system. If approved, the license would… Read More
The American Bankers Association’s latest priorities aim to limit how digital dollars earn returns and how financial data is shared as lawmakers debate U.S. crypto market structure legislation.
The committee’s Republican chairman, Tim Scott, had pushed for a quick process before it collapsed under the weigh of unfinished business.
Major French banking group BPCE is set to start offering crypto trading services to retail customers through its Banque Populaire and Caisse d’Épargne apps starting Monday. Customers of four regional banks, including Banque Populaire Île-de-France and Caisse d’Épargne Provence-Alpes-Côte d’Azur, will be able to buy… Read More
