News with the tag "U.S"

The U.S. Treasury Department just issued the largest buyback of its own bonds in history. The Treasury says the $10 billion operation is designed to repurchase securities maturing between July 15th, 2025 and May 31st, 2027. Buybacks allow the Treasury to retire outstanding debt early, potentially re...

Congressman Bill Huizenga (R-MI) said digital assets are “the future” while discussing potential crypto policy during a key House Financial Services Committee hearing on Wednesday. HFSC Holds Critical Crypto Hearing Amid Policy Talks Titled “American Innovation and the Future of Digital Assets: From...

Congressman Tom Emmer (R-IN) and Ritchie Torres (NY-15) reintroduced the Blockchain Regulatory Certainty Act (BRCA) on Wednesday in a bid to prevent crypto service providers from being classified as money transmitters. Congressmen Fight for Crypto Clarity According to a May 22 press release from the...

The financial services firm co-founded by billionaire entrepreneur and former US presidential candidate Vivek Ramaswamy entered into a strategic partnership to acquire a significant amount of Bitcoin ( BTC ). In a new filing with the U.S. Securities and Exchange Commission (SEC), the Ohio-based Stri...

The U.S. crypto industry's potential primary watchdog, the Commodity Futures Trading Commission, has a staffing problem at the top, with the last of its sitting commissioners announcing her departure plans before the arrival of the agency's chairman picked by President Donald Trump. Democrat Kristen...

After Judge Torres denied the Ripple SEC motion for an indicative ruling, legal experts have shared various perspectives on the next steps in the prolonged legal battle. Pro-crypto attorney and former senatorial candidate John Deaton also weighed in on the ruling, outlining what both parties need to...

Summer Mersinger , one of the Republican commissioners at the Commodity Futures Trading Commission, will soon take over the Blockchain Association as its incoming chief executive, a top official at the association confirmed on Wednesday. The organization, one of the leading crypto lobbying voices in...

Senators Cynthia Lummis and Bernie Moreno have urged the US Treasury to address an unintended tax burden caused by a Joe Biden-era tax on corporations, which could hurt digital asset companies. In a letter sent to Treasury Secretary Scott Bessent, the senators wrote that this tax could make American...

Wall Street powerhouse BlackRock held a meeting with the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force to discuss staking in crypto exchange-traded products (ETPs) and tokenization of traditional securities. The company said it wanted to discuss how staking should be treated, inc...

Caroline Crenshaw, a U.S. SEC Commissioner, suggested on May 8th that the agency’s settlement with Ripple could create a regulatory gap. She added that the settlement joined a line of dismissals that collectively eroded the credibility of the agency’s lawyers in court, who were being asked to take l...