Congress Moves to Regulate Stablecoins, Temporarily Bans Some Digital Assets

A discussion draft introduced by Hill and Steil imposes a temporary ban on certain stablecoins while assessing market risks. The US House Financial Services Committee Chairman French Hill and Digital Assets Subcommittee Chairman Bryan Steil have introduced a discussion draft for the Stablecoin Transparency and Accountability for a Better Ledger...

Meme Index Raises $3.4M in Viral ICO – Next Meme Coin to Pump?

Meme Index’s has raised more than $3.4 million in its ongoing crypto presale as investors flock to this new approach to investing. Meme Index brings the concept of index investing, which is widely used in the stock market, to the meme coin market. Investors who hold Meme Index’s ($MEMEX) can seamlessly...

Alexey Pertsev to Be Released from Prison Today With an Electronic Monitor

With Pertsev now under electronic monitoring, his appeal could set a precedent for how courts treat privacy-focused crypto developers. Alexey Pertsev will be released from prison today under electronic monitoring as he continues to appeal his money laundering conviction linked to Tornado Cash. His release comes after months of unsuccessful...

Bitcoin Eyes $100K After Market Crash, Trump Approves US Sovereign Wealth Fund: Weekly Crypto Recap

It was another rollercoaster of a week for the crypto markets. Somewhat unexpectedly, all the drama started during the previous weekend, which is typically a calmer period for the financial markets. Well, except crypto, because it’s open 24/7. President Trump’s implementation of new taxes on Canada, China, and Mexico brought...

SEC Reviews Grayscale’s Solana ETF Filing, Indicating Possible Shift in Crypto Regulation

For the first time, the SEC engages with a Solana ETF proposal, raising hopes for a thaw in its historically tough stance on crypto. The U.S. Securities and Exchange Commission (SEC) has acknowledged Grayscale’s filing for a Solana-based exchange-traded fund (ETF). It is the first time the agency has engaged...

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