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Senate Banking Committee chair seeks information from stablecoin issuers and exchanges, suggesting possible hearing

The senator said he had "significant concerns with the non-standardized terms applicable to redemption of particular stablecoins" in separate letters to eight crypto firms.

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US Senator Pat Toomey supports digital dollar, nomination of Powell as Fed chair

“The idea of having a tokenized dollar that is capable of being exchanged on a peer-to-peer basis on a platform where developers can innovate and develop new products and services...…

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Fed conducted ‘policy sprints’ around crypto assets to address regulatory clarity

Government agencies are planning to adjust compliance standards on existing laws and regulations related to custody services, buying and selling crypto, crypto-collateralized loans, HODLing, and the issuance of stablecoins.

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Invesco Blames Its Bitcoin Futures ETF Withdrawal on SEC’s Rules

Anna Paglia – a top executive at Invesco – explained that her company withdrew its Bitcoin Futures ETF application because of the SEC’s rules. Separately, Bitwise Asset Management also pulled…

Continue ReadingInvesco Blames Its Bitcoin Futures ETF Withdrawal on SEC’s Rules