White House crypto adviser Witt says other Clarity Act hurdles being cleared
Patrick Witt told CoinDesk that a recent compromise on stablecoin yield should hold as the Senate tries to advance its crypto bill, even as...
U.S. SEC says software allowing crypto wallet transactions not considered broker
The latest crypto view from the securities agency concludes software that clears the way for securities transactions with individual wallets won’t trip regulations.
Bankers rebuff White House claim that stablecoin yield doesn’t threaten deposits
A new study from the American Bankers Association says the White House economists went after the wrong premise in their recent look at the...
Circle CEO says he won’t freeze USDC without a court order even as hackers walk away with millions
Circle defends its hands-off approach to freezing funds as critics point to hundreds of millions in losses tied to delayed action.
Crypto exchange Kraken targeted in extortion attempt but says there was no breach and no client funds at risk
The firm said a criminal group is attempting to extort it over limited insider-related data access incidents affecting about 2,000 accounts. Kraken says it...
Bitcoin moves off lowest levels as worst of weekend fears slip away
As the U.S. blockade of the Strait of Hormuz goes into effect, reports say Iran is considering the abandonment of uranium enrichment as a...
Bitmine’s Tom Lee calls ether ‘the wartime store of value’ as holdings hit 4.87 million tokens
The company now holds 4.04% of all ether in existence and currently earns $212 million in annualized revenue from staking.
ClearBank secures MiCA approval, targets Circle euro, dollar stablecoins for institutional clients
The U.K.- and EU-regulated credit institution gains crypto-asset service provider status and said it will connect clients to regulated stablecoin rails over Circle Mint
WLFI mints $25 million in fresh USD1 and burns $3 million, days after repayment claim
The mint and a simultaneous $3 million burn come days after the venture said it had repaid $25 million of the borrowing position that...