Interviews with industry participants and legislative aides paint a picture of a blown bill-writing process, with sources pointing to nearly every facet of the bill's development and the debate around it as contributing factors to this month's failed vote.
Blockchain Association CEO Summer Mersinger is stepping down after the failure of the Digital Asset Market Clarity Act, with founding CEO Kristin Smith returning as interim leader.
A Sixth Circuit panel ruled that Kalshi's sports event contracts are not swaps, placing them under state gaming laws instead of federal CFTC oversight, adding to a growing circuit split that may prompt Supreme Court review.
SEC Commissioner Hester Peirce, known as 'Crypto Mom,' will leave the agency on Oct. 2 after years advocating for clearer digital asset regulations, even as the SEC releases new crypto policy guidance.
Bitcoin has surged 44% this quarter to nearly $85,000, prompting $2.4 billion in realized profits, though this is well below the $7-10 billion seen at prior market peaks. Meanwhile, ETF inflows remain strong and Ether shows bullish signals with significant exchange outflows.
The U.S. Federal Reserve has advanced two regulatory proposals to implement the GENIUS Act, focusing on stablecoin oversight and yield restrictions, with public comment periods now open.
New York has filed a lawsuit against Polymarket, accusing the prediction market platform of operating an unlicensed gambling business in the state and seeking to halt its activities without a gambling license while reclaiming alleged illegal profits.
Tron launched as a content-distribution project and has become the settlement layer for a large share of the world's USDT, processing roughly $150 billion to $190 billion of stablecoin transfers a week. Josh Olszewicz of Canary Capital breaks down how the network's economics work and what stablecoin regulation could do to the thesis.
Senator Cynthia Lummis said the crypto industry should "pin it on the Democrats" in her first public remarks after last week's failed Clarity Act vote.
The CFTC warned that prediction-market contracts tied to a specific person's statements or actions are especially prone to manipulation and outlined criteria for allowing such markets to operate.
The European regulatory push mirrors U.S. debates over stablecoin rewards, highlighting growing global central bank opposition to yield-bearing digital assets.
Legal analysts emphasize that prolonged congressional delays convert regulatory clarity into a major competitive advantage for international financial centers.
The European Central Bank aims to invest a portion of its reserves in tokenized securities through the Pontes platform, enabling direct engagement with blockchain-based financial markets while building toward broader integration of central bank money in tokenized finance.