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, he announced Thursday. Sacks, who was named U.S. President Donald …
House
Key senators and the White House have reached a tentative agreement on cryptocurrency legislation aimed at resolving a dispute between banks and digital asset firms over stablecoin yields, according to Politico reporting. The move …
Washington’s push for a federal crypto rulebook reignited a long-running industry debate over what “regulatory clarity” actually delivers and who it helps. At the center of the debate is H.R. 3633, the Digital Asset …
- NFT & Metaverse
Banks Should Embrace Stablecoin Yield in CLARITY Act: White House Adviser
by adminby adminCrypto companies and platforms that provide stablecoin rewards have become a major point of contention in the CLARITY crypto market structure bill. The banking industry should not be threatened by crypto companies offering stablecoin …
- Web3 Technology
Russia’s Largest Crypto Miner BitRiver Faces Bankruptcy as CEO Under House Arrest: Report
by adminby adminIn brief A regional arbitration court has opened bankruptcy observations against Fox Group, which controls 98% of BitRiver. The case stems from a roughly $9.2 million equipment dispute with an energy and infrastructure operator. …
US President Donald Trump brought together some of the most influential names in crypto at a White House fundraiser this week. Coinbase, Ripple, Tether, and the Winklevoss twins prominently represented the industry. The gala …
- NFT & Metaverse
House bill aims to codify Trump’s 401(k) order on crypto and private equity
by adminby adminA lawmaker in the US House of Representatives has reportedly introduced a bill that would codify — make into law — an executive order by President Donald Trump allowing alternative assets such as cryptocurrencies …
The White House hosted its third round of CLARITY Act negotiations today, with top legal officers from Coinbase and Ripple sitting down alongside banking representatives to try to break the deadlock over stablecoin yields. …
Should Politicians Be Able to Use Prediction Markets? House Bill Proposes Ban
In brief Rep. Torres proposed the Public Integrity in Financial Prediction Markets Act to keep federal officials off prediction markets. The bill follows controversy over a Polymarket trader winning a bet on Venezuelan President …