U.S. government officials said they are investigating allegations that tens of millions of dollars in crypto seized by law enforcement were stolen through insider access.
Gold advocate and longtime Bitcoin critic Peter Schiff said that the crypto industry is pushing for government regulation and bailouts not to self-restrain, but to gain public legitimacy.
UBS is considering offering bitcoin trading to a small group of Swiss private banking clients as the bank explores a crypto trading service with external partners.
Kansas appears to be the latest U.S. state to consider a formal role for Bitcoin in public finance, with lawmakers introducing a bill to create a state-managed Bitcoin and digital assets reserve fund.
The Senate’s crypto market structure bill is likely to be pushed back for weeks after Coinbase withdrew its support, prompting the Banking Committee to shelve the legislation and pivot to housing priorities.
PREDICT BITCOIN
