The second meeting between crypto and the banks at the White House over the crypto market structure bill has yet to come to an agreement on stablecoin provisions.
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Industry groups and exchanges said the United Kingdom’s slow, overlapping crypto rules and compliance frictions are undermining its “global hub” ambition.
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At a House of Lords hearing, witnesses cast doubt on stablecoins as mainstream money, backing strict Bank of England oversight and criticizing the "disastrous" US GENIUS Act for letting non‑banks into “the money business.”
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A Nevada judge has temporarily barred prediction market Polymarket from offering event contracts in the state, pushing back against claims that only the CFTC can police those markets.
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Bitwise’s Matt Hougan says crypto will have to “wrestle with prolonged regulatory grind and skepticism” if the US fails to pass a market structure bill.
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The Trump administration is celebrating the GENIUS Act and its pro‑crypto agenda, yet Tornado Cash and Samourai prosecutions fuel doubts that US developers are truly in the clear.
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US Senator Roger Marshall filed an amendment last week that would have forced companies to compete on swipe fees.
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Speaking at the World Economic Forum in Davos, Switzerland, economist Vera Songwe pointed to remittances and inflation hedging as key drivers of stablecoin use across Africa.
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The proposal would fund the reserve with unclaimed crypto and staking rewards rather than direct state Bitcoin purchases.
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The Senate Banking Committee is backing Donald Trump’s move to bar institutions from buying family homes, which could delay the market structure bill, Bloomberg reports.
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The submissions add to mounting pressure on regulators as Coinbase CEO Brian Armstrong calls for compromise to pass market structure legislation.
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As Republicans look to notch policy wins ahead of the midterms, Trump advisor Patrick Witt says the market structure bill must include compromises to advance in the Senate.
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The Republican and Democratic Senate Judiciary leaders have called for changes to the market structure bill, arguing it would “weaken” the ability to police money transmitters.
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A top Russian lawmaker says crypto “will be a common occurrence” in the country, with plans for a bill to deregulate the market for retail use.
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