Regulation
US Labor Department proposes opening 401(k) plans to crypto to implement Trump order
The move follows Trump's August executive order directing the Labor Department to facilitate the inclusion of crypto in 401(k) plans.
CryptoClub.cc
Regulation
Senator Questions SEC Over Treatment of Trump-Linked Crypto Businesses
Senator Richard Blumenthal wants the agency to answer whether it softened enforcement against allies of President Donald Trump.
Security
Maryland man charged in $54 million Uranium Finance hacks faces up to 30 years
A Maryland man could face up to 30 years in prison after prosecutors say he conducted two hacks of crypto exchange Uranium Finance.
Regulation
Senator raises alarm following former SEC enforcement lead’s short tenure, decision to drop Justin Sun charges
Sen. Blumenthal raised concerns over the brief tenure of the SEC's former enforcement director, citing reports over its handling of cases.
Regulation
GOP senators unveil ‘Mined in America Act’ to expand crypto mining, cement strategic bitcoin reserve
Republican Sens. Cynthia Lummis and Bill Cassidy introduced a bill that would bolster digital asset mining.
Technology
Square rolls out Bitcoin payments at POS for eligible US merchants
Rolling out over the coming month, a Block executive said Bitcoin payments at point-of-sale will be automatically enabled and settled in US dollars by default.
Technology
Midas raises $50 million Series A, launches liquidity layer for tokenized assets
Midas raised a $50 million Series A led by RRE and Creandum, and launched a $40 million liquidity facility for tokenized assets.
Market
Michael Saylor’s Strategy pauses weekly bitcoin buys, retains total holdings at 762,099 BTC
Strategy's holdings account for more than 3.6% of the total 21 million bitcoin supply — worth around $52 billion.
Macro
Crypto funds see first outflow in 5 weeks amid inflation fears, Iran tensions
Digital asset products saw $414 million in outflows last week as inflation fears, US Fed rate hike expectations and Middle East tensions drove a shift toward risk-off sentiment.
Regulation
Fed's Warsh hearing could come as soon as April 13 week: Punchbowl
The Senate Banking Committee hearing for the Fed chair nominee is expected around mid-April. Senator Elizabeth Warren has pushed back against the proposed Fed appointment.
Regulation
Congress proposes removal of widely used Bitcoin tax loophole and giving it to regulated stablecoins
Congress has introduced the Digital Asset PARITY Act, a bipartisan discussion draft introduced by Reps. Steven Horsford and Max Miller, who would rewrite Section 1091 to cover “specified assets.” The category explicitly includes actively traded digital assets and their derivatives, and carves out a
Market
BNP Paribas adds six Bitcoin, Ether ETNs for retail clients in France
Crypto ETN adoption is spreading across Europe as banks expand offerings and the UK reopens retail access after lifting its ban.