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.
Regulation
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.
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.
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
Regulation
Future US governments could crack down on crypto without clear rules: Coin Center
The CLARITY Act stalled in the Senate after banks, crypto firms, and lawmakers failed to reach an agreement on key provisions like allowing stablecoin yields.
Regulation
Sen. Warren targets Bitmain-Trump family ties in letter to Commerce Secretary Lutnick: Bloomberg
The Department of Homeland Security has probed whether Bitmain's popular mining machines could be exploited for espionage or endanger the U.S. grid.
Regulation
Washington sues Kalshi as states ramp up legal pressure against prediction markets
Washington state has filed a lawsuit against prediction market platform Kalshi, marking the latest escalation in mounting legal pressure from state regulators against the betting industry. The legal action, announced Friday, alleges that Kalshi violated state gambling laws by offering prediction markets to Washington residents without proper licensing or regulatory
Regulation
Canada moves to ban crypto donations for election campaigns following UK
Canada is moving forward with legislation to ban cryptocurrency donations for election campaigns, following similar measures recently implemented in the United Kingdom. The proposed bill, introduced by the Canadian government, would prohibit political parties and candidates from accepting digital asset contributions during federal election cycles. The legislation is expected to
Regulation
Warren probes China-based Bitmain over US security concerns: Report
US authorities launched the “Operation Red Sunset” probe into Bitmain last year over potential espionage and grid risks.
Regulation
California governor signs order banning prediction market insider trading
The executive order is the latest in a wave of legal actions in the US seeking to curb government insider trading on prediction markets.