crypto legislation
Abra plans public debut as institutional demand for crypto yield grows
Abra CEO Bill Barhydt joins CoinDesk's Jennifer Sanasie on Public Keys to discuss the company's SPAC merger, valued at $750M, and why he sees strong tailwinds for digital asset wealth management. Plus, he breaks down client interest in DeFi yield, bitcoin-backed loans, and stablecoin products. He also shares his take on crypto legislation, Iran sanctions, and the road ahead for smart contract platforms.
U.S. Senate votes to ban CBDCs in housing bill that may face trouble in the House
A bipartisan housing bill was approved in the Senate, carrying an unrelated ban on U.S. central bank digital currencies, but its future remains uncertain.
Stablecoins won't get any kind of deposit insurance under GENIUS rules, says FDIC chief
The chairman of the U.S. Federal Deposit Insurance Corp. made clear that even pass-through deposit insurance won't be allowed from third-party firms.
Anchorage Digital offers non-U.S. banks a stablecoin stand-in for correspondent banking
Crypto bank Anchorage Digital is launching U.S.-compliant stablecoin rails for international banks, offering faster movement of assets across borders.
Citi cuts Coinbase price target to $400 after stock's 65% plunge from record high
The bank trimmed its Coinbase revenue and earnings forecasts amid a brutal risk-off environment for crypto and delays around U.S. market structure legislation.
Live blog: Senate Agriculture Committee advances crypto market structure bill
The Senate Agriculture Committee held a markup hearing on crypto market structure legislation.
Senate Agriculture panel delays market structure hearing to Thursday after winter storm
The Senate Agriculture Committee pushed its planned markup hearing, where lawmakers would debate and vote on its market structure bill, to Thursday morning.
Crypto bill likely delayed for weeks by Banking Committee after Coinbase pulled its support
The momentum for new crypto rules in Washington has slowed to a crawl and and it is not expected to resume for at least several weeks.
Senate Agriculture publishes own version of market structure bill without bipartisan support
The industry's great legislative hope is shifting to the U.S. Senate's Agriculture Committee, which released its own draft of the contentious oversight effort.
