Stablecoin Bill Faces Bank Pushback as DeFi Volumes Climb US banking groups intensified opposition to the CLARITY Act’s stablecoin provisions this week, citing risks of deposit…
Senate Stablecoin Bill Delayed Amid Industry Pushback Over Yield Provisions The Senate Banking Committee postponed a scheduled markup hearing on crypto market structure legislation as bipartisan…
Iran’s Nobitex Tied to Elite, Handles Sanctioned Flows A Reuters investigation published May 4, 2026, reveals that Iran’s largest cryptocurrency exchange, Nobitex, was founded by brothers…
a16z Backs CFTC Against State Prediction Market Bans Andreessen Horowitz filed an 18-page comment letter with the CFTC on April 30, 2026, supporting federal oversight of…
Tether Posts $1.04B Q1 Profit as Regulatory Scrutiny Intensifies Tether Holdings reported $1.04 billion in net profit for the first quarter of 2026, with excess reserves…
Tether’s $8.23B Reserve Buffer Hits Record Amid Senate Scrutiny Tether reported a record $8.23 billion excess reserve buffer and $1.04 billion net profit for Q1 2026,…
Senate Bitcoin ETF Momentum Meets Regulatory Stalls Senator David McCormick disclosed fresh Bitcoin ETF purchases totaling at least $65,000, pushing his 2025 holdings toward $1 million…
Strike CEO Mallers Backs Tether Merger, Launches Proof-of-Reserves Lending Strike CEO Jack Mallers announced Wednesday a new lending proof-of-reserves system and “volatility-proof” bitcoin-backed loans developed with…
Banks Slow GENIUS Act Implementation as Stablecoin Debate Intensifies U.S. banking trade associations have formally requested extended comment periods on three major stablecoin regulations under the…