BlackRock, Fidelity, other Wall Street giants back the Clarity Act
BlackRock, Fidelity, Franklin Templeton, Goldman Sachs and SoFi have publicly endorsed the crypto market structure bill as the Senate's timeline tightens.…
Russia outlines new digital depository rules ahead of fall crypto framework roll-out
The central bank's draft rules require digital asset platforms to hold up to $2.8 million in liquid capital as a sweeping regulatory framework looms.…
Markets eye Bank of Japan meeting on Friday as yen repeats 40-year US dollar lows
Analysis warned of a repeat of the 2024 yen carrytrade unwind that pressured crypto markets ahead of the next Bank of Japan interestrate meeting.…
Binance makes fighting crypto crime more difficult, says new report
The New York Times says a quiet change to Binance's compliance rules is forcing international law enforcement to navigate slowmoving government treaties to get…
PayPal expands stablecoin push as crypto assets factor into Q2 results
PayPal highlighted growth of stablecoins and AIdriven payment tools in Q2 while reporting $8.68 billion in revenue and an $81 million cryptorelated earnings…
IMF warns Brazil’s stablecoin activity outpaces traditional capital flows
The IMF said Brazil’s stablecoin market has expanded rapidly since 2017, with crossborder crypto flows growing faster than traditional capital flows.…
BitMEX and BitMart may be first casualties of crypto trading slump
Trading volumes across major centralized platforms fell down to $1.05 trillion, marking the quietest stretch of activity for the digital asset market in over…
Inside the CME and CFTC’s battle over onchain perpetual futures
Weeks ago, the U.S. CFTC opened the gates for crypto perps with its first listing approval, but major derivatives player CME is fighting back against what it…
Binance co-founder CZ backs crypto license passporting across ASEAN
Binance cofounder CZ backed crypto license passporting across ASEAN to simplify approvals, reduce compliance costs and encourage competition.…
Binance phishs its own staff monthly, India censors BitChat code: Asia Express
Binance has been phishing its own staff to get ahead of potential attacks. South Korean crypto volumes tank 89% — plus all of the week’s other crypto news from…
U.S. Senate puts off crypto Clarity Act for now as it focuses limited bandwidth elsewhere
The majority leader is pursuing floor time for unrelated bills as the crypto industry waits for its policy effort to get its chance for votes. Source：CoinDesk
New York AG warns CLARITY Act could weaken state crypto enforcement
New York Attorney General Letitia James said the federal crypto market structure bill could restrict state regulators and urged Congress to impose stronger…