Regulation
China Warns Worldcoin-Style Iris Scanning a National Security Threat
A new advisory from China's Ministry of State Security highlights what it calls national security risks based on foreign firms collecting biometric data under the guise of crypto giveaways.
No U.S. Bitcoin Reserve Plans as White House Touts Crypto Report
The report on the government's crypto plans doesn't offer a ton of surprises, mostly echoing familiar policy work, and it's got nothing new on the crypto stockpiles.
Bank of Korea to Establish Virtual Asset Team as Lee Looks to Shape Crypto Regime: Report
The team will be responsible for monitoring the digital asset market and holding discussions on crypto-specific legislation.
New Lummis Bill Would Back Effort to Ensure Crypto Assets Can Justify U.S. Mortgages
U.S. Senator Cynthia Lummis introduced another crypto bill, this one meant to reinforce an effort underway to allow use of digital assets in mortgage underwriting.
Ethena Taps Anchorage to Issue $1.5B USDtb Stablecoin Under GENIUS Act
Ethena's token ENA was up 10%, outperforming the broader crypto market that saw many altcoins plunging overnight.
Ghana Plans Crypto Firm Licensing in Response to Growing Demand: Bloomberg
The country's central bank is finalizing a regulatory approval to submit to parliament by September.
GENIUS Act for Stablecoins Passes House on Way to Being First Major U.S. Crypto Law
On the heels of its vote to pass its Clarity Act to oversee crypto markets, the House of Representatives followed up with a 308-122 approval of GENIUS.
Senate Agriculture's Top Dem: Crypto Market Structure Effort Needs 'Serious Changes'
Two Senate committees – Banking and Agriculture – need to agree on a crypto market structure bill, and Ag's ranking Democrat outlined several areas to edit.
With $25M Boost from Coinbase, Crypto Sector's Fairshake PAC Has $141M for Elections
The crypto industry is sitting on a massive $141 million to spend on the next round of congressional elections, offering a constant reminder to lawmakers.
U.S. Banking Regulators Issue Crypto 'Safekeeping' Statement, Not Pushing New Policy
The federal agencies that oversee the U.S. banking system put out some guidance on properly keeping customers' crypto assets.
