US academic institutions urge SEC to implement stringent crypto staking rules, oversight
US universities urged the SEC to implement strict crypto staking rules, including precise definitions, yield caps, and transparency measures to protect users and ensure accountability in staking services.
Fed reverses course on ‘reputational risk’ – Will banks embrace crypto now?
The Fed removed ‘reputational risk’ from bank supervision standards, potentially easing crypto restrictions. Banks like JPMorgan and Bank of America are exploring crypto, with some considering stablecoins and Bitcoin ETFs as collateral.
Panelists At Senate Banking Hearing On Crypto Market Structure Call For Regulation ASAP
U.S. Senate Banking’s Subcommittee on Digital Assets held a hearing urging swift crypto regulation, focusing on market structure, illicit activity prevention, and consumer protection, with bipartisan support.
Bitcoin in the Buckeye State: Ohio Eyes Its Own Crypto Reserve – Decrypt
Ohio Rep. Steve Demetriou advocates for a state Bitcoin reserve following HB 116’s passage, aiming to position Ohio as a digital finance leader with bipartisan crypto legislation.
Deleted Files Might Provide Missing Link in Libra Case – Legal Bitcoin News
A pen drive in the Libra case may link Argentine President Javier Milei to the token launch, with claims of a deleted video showing his involvement.
Senate Banking Committee pushes for rapid legislative action on crypto market framework
The Senate Banking Committee proposed a seven-point crypto market framework, urging swift legislative action to clarify regulations, distinguish securities from commodities, and enhance consumer protections without creating a new agency.
Many senators absent from ‘bipartisan’ crypto market structure hearing
Only five US senators attended a bipartisan hearing on digital asset market structure, with subcommittee chair Cynthia Lummis noting competing schedules and potential partisan concerns.
WazirX gains crucial extension to revive post-hack restructuring plan
WazirX, India’s former top crypto exchange, secured a court extension to revise its restructuring plan after a $234M hack. It proposes recovery tokens for users but faces transparency and governance challenges.
Coinbase Exec VanGrack Pushes For Clear Crypto Framework
Coinbase VP Ryan VanGrack testified before the Senate, advocating for a bipartisan, clear national crypto regulatory framework to foster innovation and protect consumers amid current uncertainty.
Texas Passes Bitcoin Reserve Bill, Plans to Buy Bitcoin – Brave New Coin
Texas Governor Greg Abbott signed SB21, creating a state Bitcoin reserve. The law mandates independent Bitcoin holdings, strict eligibility, and public reporting, positioning Texas as a leader in crypto adoption.
