The executive order to build President Donald Trump’s Strategic Bitcoin Reserve has awaited congressional action, and sources say there’s one idea left for 2026. What to know: President Donald Trump’s move to establish what he called a “Strategic Bitcoin Reserve” within the federal government was greeted with crypto-sector celebration at […]
The Kansas City Fed may term this “Tier 3” access, but Kraken’s entry into the vaunted Fed payments system has riled bankers and raised crypto hopes. What to know: The crypto industry keeps knocking down the barriers into the core U.S. financial system, and digital assets exchange Kraken’s approval for […]
The Federal Reserve and other banking regulators clarified that the capital tally in banks needs identical treatment whether securities are tokenized or not. What to know: The U.S. Federal Reserve and other regulators told bankers that they need to maintain the same amount of capital to back tokenized securities as they do […]
The incarcerated former leader of the failed crypto exchange wants a new chance to defend against fraud charges. What to know: Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, is seeking a new trial, according to a request filed in a New York federal court by his mother. […]
Braden John Karony had been convicted last year on several federal charges, and he’s ordered to pay back $7.5 million in restitution. What to know: Former SafeMoon CEO Braden John Karony will face an 8-year prison sentence after being convicted last year on a string of federal charges tied to defrauding investors […]
The Digital Chamber is among the oldest and largest crypto advocacy groups, and it’ll now incorporate CryptoUK into its widening operations. What to know: The Digital Chamber, which is among the most prominent crypto lobbying groups, is incorporating one of the leading U.K. digital assets groups, CryptoUK, as an affiliate under […]
The effort is starting small, but Texas made an opening foray into a state-based crypto reserve — getting closer to the first government stockpile in the U.S. What to know: Texas took a step toward building a state-based crypto reserve, grabbing $5 million of BlackRock’s bitcoin exchange-traded fund, officials told […]
As the Justice Department pursues Prince Group’s leader, the Treasury Department sanctioned the company while also severing Huione from the U.S. finance. What to know: U.S. authorities dropped a legal hammer on global firm Prince Group as an operator of forced-labor global scam operations — including infamous pig butchering schemes […]
The U.S. derivatives regulator issued a “reminder” that foreign crypto firms registered with the CFTC as FBOTs can directly handle U.S. customers. What to know: The Commodity Futures Trading Commission — under its ongoing “crypto sprint” to open a wider path for U.S. crypto business — issued an advisory on Thursday that […]
The Fed vice chair who leads banking oversight, Michelle Bowman, comes across as a crypto evangelist as she echoes industry views on its regulatory needs. What to know: The U.S. Federal Reserve’s newest vice chair who supervises Wall Street banking, Michelle Bowman, made a crypto speech on Tuesday that could have been […]