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Federal Reserve Moves To Close Stablecoin Loopholes With New Customer ID Rules

The Federal Reserve proposed Thursday that payment stablecoin issuers maintain written customer identification programs, a move that signals Washington’s determination to bring...
Investment News

Crypto Industry Slams Illinois’ New Digital Asset Tax As ‘Most Punitive’ In U.S.

Illinois Governor JB Pritzker signed Senate Bill 3019 into law yesterday, making Illinois the first state in the country to impose a...
Investment News

79% Of Bitcoin Supply Locked By Long-Term Holders: Analyst

Bitcoin is showing signs of stabilization after a brutal stretch, and research firm K33 says the on-chain evidence is difficult to ignore....
Investment News

Oman Launches Mandatory National Bitcoin Mining Pool In State-Backed Push For Regulatory Control

Oman has taken one of the most direct steps by any government to bring bitcoin mining under formal state oversight, launching a...
Investment News

Mexican Billionaire Ricardo Salinas Bets 70% Of His Portfolio On Bitcoin, Eyes $1 Million Price

Long before bitcoin existed, Ricardo Salinas Pliego was learning about hard money at the family dinner table. Born in Mexico City in...
Investment News

Fed Signals Possible Rate Hikes As Kevin Warsh Opens ‘New Chapter’ At Central Bank

The Federal Reserve held interest rates steady at its June meeting, but signaled a shift toward tighter policy under new Chair Kevin...
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