A White House report released Wednesday directly challenges the banking industry's claims that stablecoin yields would drain deposits and weaken lending to households and...
A White House report found that banning yield on stablecoins would have a marginal impact on bank lending while creating clear economic downsides.According to...
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The Department of Labor’s (DOL) proposed rule to allow crypto investment options...
White House AI and Crypto Czar David Sacks is changing titles and joining the President’s Council of Advisors on Science and Technology as co-chair,...
In brief
Sacks said he stepped down after reaching the 130-day limit for special government employees.
He had pushed for market structure and stablecoin legislation but...
U.S. Representative Maxine Waters, the ranking Democrat on the House Financial Services Committee, is questioning the limited "master account" obtained by crypto exchange Kraken...
In brief
President Trump appointed the first members of his President's Council of Advisors on Science and Technology (PCAST).
The council will be co-chaired by David...
The financial regulator’s plan to reinterpret how federal securities laws apply to crypto assets is ”pending review” by the White House’s Office of Management...
The Algorand Foundation on Wednesday joined the ranks of crypto firms slashing headcount, losing 25% of its fewer than 200 employees and citing "the...
The White House and senators have reached an agreement to advance the deadlocked Clarity Act, according to reports.The legislation has been at a standstill...
Rumors are circulating that a tentative deal has been struck between the White House and US lawmakers on stablecoin yield, potentially moving the CLARITY...