Category: Law of the Chain
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Congress opens crypto bill debate with claims of ‘GOP giveaway’ to industry
US Congress debates crypto bills with Republicans pushing for digital asset legislation while Democrats criticize it as favoring the industry. Key bills include GENIUS, CLARITY, and Anti-CBDC Acts.
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XRP Is Surging Again, Nearing All-Time High: Here’s Why – Decrypt
XRP is nearing its all-time high due to favorable regulatory conditions and its potential utility, attracting investor interest and positive analyst sentiment.
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Case Against Roman Storm Has Serious Errors, Defense Says
Roman Storm’s defense team alleges serious errors in the prosecution’s case, including cherry-picked Telegram messages and factual inaccuracies, as his trial begins.
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US House Kicks Off ‘Crypto Week’ With Votes on Landmark Digital Asset Bills – Coinspeaker
The US House begins ‘Crypto Week’ with votes on three key digital asset bills: CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act, aiming to establish regulatory clarity.
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3 US Banking Regulators Unite: Crypto Safekeeping Set for Major Bank Expansion – Regulation Bitcoin News
Three US banking regulators have united to allow banks to offer crypto asset safekeeping, enabling compliant institutional entry into digital finance with proper risk management.
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Coinbase seeks public records from Oregon gov’t on crypto ‘flip-flop’
Coinbase sues Oregon officials for allegedly changing crypto policies secretly and withholding public records. The exchange claims the state flip-flopped on digital asset regulations without public input.
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Federal Reserve clears US banks to custody crypto assets including Bitcoin
The Federal Reserve now allows US banks to custody Bitcoin and other cryptocurrencies, enabling them to compete with crypto custodians while adhering to regulatory standards.
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It’s Crypto Week. Congress Can Future-Proof the U.S. Financial System: Summer Mersinger
Congress has the opportunity to modernize U.S. financial infrastructure for the digital age through stablecoin regulation and market structure reform, ensuring global dollar dominance amid rising challenges.
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Banking Regulators Provide Guidance for U.S. Banks on Crypto Custody
U.S. banking regulators issued guidance for banks offering crypto custody services, emphasizing strict compliance, risk management, and secure key storage. Banks must assess technical readiness and monitor third-party vendors.
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U.S. Banking Regulators Issue Crypto ‘Safekeeping’ Statement, Not Pushing New Policy
U.S. banking regulators clarified crypto safekeeping policies without introducing new rules, emphasizing key management, compliance, and risk controls for banks handling digital assets.
