The U.S. Securities and Exchange Commission (SEC) has formally withdrawn several proposed rules introduced during the Biden administration, including two major regulations targeting cryptocurrency custody and decentralized finance (DeFi) platforms. In a statement released on June 12, the agency announced it is rescinding 14 proposed rules issued between March 2022 ...
A House Financial Services Committee (HFSC) hearing on June 4 exposed deep partisan divisions over how to regulate the digital asset space, with concerns surrounding President Donald Trump’s crypto ties adding fuel to the debate. The spotlight was on the proposed Digital Asset Market Structure and Clarity (CLARITY) Act, which ...
The crypto ambitions of U.S. President Donald Trump may soon deepen with a new move toward Wall Street. A filing submitted on June 3 by NYSE Arca to the U.S. Securities and Exchange Commission (SEC) reveals plans for a Bitcoin exchange-traded fund (ETF) branded under Truth Social, the social media ...
Brian Quintenz, former Commodity Futures Trading Commission (CFTC) commissioner and Donald Trump’s nominee to chair the agency, has disclosed over $3.4 million in assets and significant connections to the crypto industry, raising new questions about potential conflicts of interest as he awaits Senate confirmation. According to financial disclosure documents published ...
U.S. House Speaker Mike Johnson declined to address mounting concerns over a controversial dinner hosted by President Donald Trump for top holders of his memecoin, TRUMP, amid growing calls for transparency and a federal investigation. During a May 25 interview with CNN’s Jake Tapper, Johnson deflected questions about the May ...
A landmark stablecoin regulation bill backed by the White House is gaining traction in the U.S. Senate, with the potential to unleash trillions in demand for U.S. Treasuries, according to Donald Trump’s top advisor on crypto and artificial intelligence, David Sacks. In a May 21 interview with CNBC, Sacks revealed ...
HTX has launched its new live talk show series Real Talk with HTX Executives, debuting with a candid discussion featuring HTX Advisor Justin Sun and representative Molly. The session highlighted the exchange’s growth plans, market positioning, and Sun’s increasing influence in the evolving intersection of crypto and mainstream culture.During the ...
President Donald Trump has signed a bipartisan bill to combat the misuse of deepfake technology and online exploitation. The legislation, known as the DEEPFAKES Accountability Act, targets the malicious creation and distribution of synthetic media that can deceive or harm individuals, especially in contexts of harassment, fraud, and misinformation. The ...
The U.S. Senate has taken a significant step toward stablecoin regulation, advancing the long-debated Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act following a pivotal 66–32 vote on May 19. The procedural victory marks a dramatic turnaround after previous Democratic opposition halted progress amid concerns over former President ...
The United States Senate is poised to pass a landmark bipartisan stablecoin bill, the GENIUS Act, as early as next week, following a key revision that removed controversial language targeting former President Donald Trump’s crypto ventures. Senator Cynthia Lummis, a Republican from Wyoming, announced during a Coinbase-hosted event on May ...
