The new legislation establishes a central bank-supervised market for digital assets but maintains prohibitions on using cryptocurrency for everyday transactions.
Investors are no longer impressed by headline AI infrastructure deals alone, demanding proof of execution and profitability from mining firms making costly pivots.
Banking Committee Chair Tim Scott asserts a floor vote will happen this week, though legislative uncertainty persists as the August recess approaches and partisan friction continues.
Institutional adoption drives threefold growth in tokenized asset deposits while broader decentralized finance sees 15% contraction and major issuers expand into Middle Eastern markets.
Major exchange launches 24/5 U.S. stock trading in UK while payment giant rolls out stablecoin platform for banks and fintechs
Bitdeer, Hut 8, and Cipher Mining restructure balance sheets around hyperscale computing contracts despite delivery deadlines and liquidity crunches
Affected users shift holdings to regulated funds while blockchain investigators track 64 BTC and 200 ETH moved to mixers
Watchdogs caution that fraudsters are posing as regulators and crypto firms to target customers during mandatory service wind-downs.
The USDC issuer’s new layer-1 network for stablecoin-native finance has processed half a billion testnet transactions.
Violent physical assaults against cryptocurrency holders are accelerating globally, with blockchain analytics firm Chainalysis documenting over $30 million in losses through mid-year and identifying France as the epicenter of this emerging threat.
Mining firms are diversifying revenue through high-performance computing while leveraging Bitcoin holdings for debt optimization, signaling a strategic shift away from treasury-heavy accumulation models.
The yen-pegged token provider has now raised $106 million across seven rounds since late 2021 as it targets ecosystem expansion.