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The Senate is making progress on the market structure bill, says banking panel leader

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WASHINGTON, DC – The Senate’s stalled crypto market structure bill is making progress behind the scenes, the chairman of the body’s banking committee said Tuesday. Senator Tim Scott, who chairs the banking panel overseeing the market structure bill, said at the Digital Chamber’s DC Blockchain Summit that lawmakers may see a new draft of at […]

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BTC rally faces key hurdle with Fed meeting on Wednesday, inflation data

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The crypto rally took a break on Tuesday ahead of Wednesday’s Federal Reserve decision. After briefly topping $76,000 overnight, bitcoin BTC$74,561.19 pulled back to around $74,000 during the US session, modestly higher over the past 24 hours. Crypto stocks posted mostly modest gains, with stablecoin issuer Circle (CRCL), bitcoin miner Bitdeer (BTDR) standing out, rising

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“Gensler and Biden were just better at crypto,” says Tally CEO as DAO governance platform shuts down

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The CEO of crypto’s largest decentralized autonomous organization (DAO) governance platform says the Biden administration was better for his industry than its successor — and is shutting down his company to prove the point. Tally, which ran on-chain governance for Arbitrum, Uniswap, ENS and more than 500 other DAOs, will cease operations after six years,

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Mastercard’s ( MA ) $1.8 billion deal ‘a clear response’ to stablecoins’ unstoppable dominance

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Mastercard’s planned $1.8 billion acquisition of stablecoin infrastructure firm BVNK reinforces a growing view on Wall Street that stablecoins are moving from a niche cryptographic tool to a core layer of global payments. Analysts say the deal signals a shift in how traditional financial networks view blockchain-based money movement. “Stablecoins are an integral part of

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Vietnam squeezes local crypto exchanges as Hanoi moves to block offshore trade: Reuters

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Vietnamese firms are racing to secure licenses for the country’s first domestic cryptocurrency exchange as Hanoi moves to restrict trading on foreign platforms. A government resolution issued in February calls for a pilot program for locally run digital asset exchanges, with a rollout possible as soon as March. A Treasury Department document on March 12

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Kalshi faces criminal charges in Arizona for sports and election contracting

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Arizona Attorney General Kris Mayes filed criminal charges against Kalshi on Tuesday, accusing the prediction market platform of operating an unlicensed gambling business and offering election betting in the state, actions she said violated state law. Mayes charged KalshiEx LLC and Kalshi Trading LLC with 20 counts, alleging the platform accepted bets from Arizona on

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World launches agent kit with Coinbase-backed x402 to verify human identity behind AI agents

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As AI agents increasingly act, act, and act autonomously online—a market that could reach $3 trillion to $5 trillion by 2030—a key question is coming into focus: how to verify that a real person is behind the activity. Sam Altman-backed identity project World (formerly WorldCoin) says it has the solution. On Tuesday, the company rolled

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Faced with a crisis, Bitcoin’s financial companies must pivot to survive

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For much of the past three years, a predictable cycle dominated the market: companies announced their intentions to buy massive amounts of Bitcoin, saw their share prices rise to a premium, and issued new shares to buy more Bitcoin. This feedback loop made Bitcoin accumulation look like an “infinite money bug”: a guaranteed way for

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MSTR’s recent BTC purchase provides insight into its evolving funding model

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Strategy (MSTR) for the first time last week used its perpetual preferred stock as the primary means of accumulating bitcoin, marking a potential shift in how the company funds its bitcoin strategy. The company announced on Monday that it bought 22,337 BTC in the previous week, its fifth largest acquisition ever. Issuance through its STRC

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