Following the legislative setback of the Clarity Act, the CFTC submitted a new crypto proposal to the White House to oversee digital asset transactions and markets independently.
Bitcoin's market value climbed past $81,000, gaining nearly six percent despite a turbulent week marked by a stalled Clarity Act and an interest rate hike from the Federal Reserve.
The SEC has approved a five-year Innovation Exemption allowing platforms to facilitate tokenized stock trading on the blockchain, moving forward despite the failure of the Clarity Act in Congress.
Following the Senate defeat of the Clarity Act, CFTC Chair Mike Selig announced that the regulatory agency will use its existing statutory authorities to draft and advance new cryptocurrency rules.
Bitcoin and cryptocurrency stocks tumbled after the U.S. Senate blocked the Clarity Act in a procedural vote. Major crypto equities like Coinbase and Strategy experienced significant losses following the legislative defeat.
The U.S. Senate rejected the Clarity Act in a 49-50 procedural vote, effectively ending its 2026 hopes and causing Bitcoin's price to decline sharply following concerns raised by lawmakers like Elizabeth Warren.
Bitcoin-focused life insurer Meanwhile has secured $37.5 million in a funding round led by Bain Capital Crypto, bringing its cumulative funding past $180 million to support its Bitcoin inheritance and insurance products.
Bitcoin Magazine ‘We Know Where It Is’: Treasury Secretary Threatens To Freeze $1B of Iran’s Crypto The U.S. will seize $1 billion of Iran’s crypto this week, U.S. Treasury Secretary Scott Bessent has said. It isn’t clear which asset though. This post ‘We Know Where It Is’: Treasury Secretary Threatens To Freeze $1B of Iran’s…
Bitcoin Magazine Here’s How Not To Screw up Your Bitcoin Privacy Speaking on the Bitcoin Rails podcast, Cake Wallet’s Seth for Privacy said people need to take more precautions to protect their identities when using the biggest cryptocurrency. This post Here’s How Not To Screw up Your Bitcoin Privacy first appeared on Bitcoin Magazine and…
U.S. investors withdrew $729 million from spot bitcoin exchange-traded funds over two days, driven by potential Federal Reserve rate hikes and geopolitical tensions in the Middle East involving Iran.
Bitcoin Magazine Ledger Warns Buyers Not to Set Up Wallets From Reseller After Users Report Losses Hardware wallet manufacturer Ledger is investigating after users reported having wallets drained. This post Ledger Warns Buyers Not to Set Up Wallets From Reseller After Users Report Losses first appeared on Bitcoin Magazine and is written by Mathew Di…