News with the tag "NIST"

OCC now allows banks to buy and sell crypto assets on behalf of their customers. U.S. banks can outsource crypto custody services, ensuring third-party compliance. OCC’s policy shift signals growing acceptance of cryptocurrency within the banking sector. The U.S. Office of the Comptroller of the Cur...

Texas Bitcoin reserve bill advances, final vote expected before June 2 legislative deadline. Bill expands beyond Bitcoin to include digital assets after Trump’s executive order. Other states like Utah and Arizona also explore Bitcoin reserves amid inflation concerns. A select committee within the Te...

DOJ says Mashinsky caused nearly $7 billion in losses through fraud. He allegedly misled customers and profited from CEL token sales. Prosecutors demand a harsh sentence to deter future crypto misconduct. Federal prosecutors have asked a U.S. court to sentence Alex Mashinsky, the founder of Celsius ...

Arizona House approves Senate Bills 1025 and 1373 to establish a Bitcoin reserve and digital asset fund. Governor Katie Hobbs’ ongoing veto campaign threatens the future of Arizona’s Bitcoin reserve proposals. Bitcoin reserve supporters argue the move could help diversify state assets and hedge agai...

Fed rescinds 2022 and 2023 guidance on crypto and dollar token activities for state banks. Banks no longer need special approval to engage in digital asset services. Saylor says the move frees banks to support Bitcoin-related services. Banks in the United States are now free to support Bitcoin, acco...

The Trump administration is preparing to restructure the U.S. Agency for International Development (USAID) and integrate blockchain technology into its procurement system, Wired reported, citing a memo circulating among State Department staff. The plan proposes rebranding the agency as U.S. Internat...

Former SEC commissioner Paul Atkins has been nominated by Trump to lead the SEC, Atkins’ Senate confirmation hearing has been delayed due to pending financial disclosure paperwork. While awaiting confirmation, the SEC has dropped multiple lawsuits against cryptocurrency firms While President Donald ...

SEC’s Crypto Task Force to host roundtables for crypto regulation clarity. Key appointments in SEC Crypto Task Force aim to improve industry guidelines. Trump administration pushes for clearer crypto regulations and reduced enforcement. The U.S. Securities and Exchange Commission (SEC) is taking ste...

Sunnyvale PSOA became the first police and fire association in the US to hold Bitcoin This move is part of the “Get Off Zero” initiative by Proof of Workforce Crypto and the entire financial market have seen better days Bitcoin’s adoption is growing, as Sunnyvale Public Safety Officers’ Association ...

The Trump administration plans an executive order to address crypto banks’ access to master accounts. Executive order targets anti-crypto policies, including restrictions from Operation Chokepoint 2.0. Crypto analyst Marty Party sees executive order as a shift away from restrictive Biden-era policie...