Senator Elizabeth Warren is pressing the U.S. Department of Labor to block Bitcoin and other crypto assets from 401(k) retirement plans, arguing that Americans’ nest eggs should not be exposed to volatile, fee-heavy bets dressed up as innovation. Warren, Sanders, and Scott want the Labor Department to scrap the proposed rule Crypto in 401(k)s could […]
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Bitcoin is not getting nuked; it is getting worn down. Bitfinex says BTC is facing a slow bleed as steady, distribution-driven selling pressure keeps chipping away at price instead of triggering one giant panic dump, as noted in Bitfinex’s market read. Slow bleed: Bitcoin is drifting lower under persistent sell pressure Distribution phase: Larger or […]
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UK lawmakers warn strict stablecoin regulation could choke off sterling-pegged crypto growth Britain wants a real seat at the digital money table, but some lawmakers are warning that heavy-handed stablecoin rules could end up smothering the UK stablecoin market before it gets started. If crypto regulation in the UK becomes too rigid, sterling-pegged stablecoins may […]
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Mastercard is moving deeper into crypto infrastructure, with a push to enable stablecoin settlement across its global payments network. That’s not a gimmick with a blockchain sticker slapped on it — it’s a sign that digital dollars are creeping into the guts of mainstream finance. Mastercard is backing stablecoin settlement across its payments network Stablecoins […]
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Three senior Democrats are moving to kill a Labor Department proposal that could open 401(k) retirement plans to crypto and other alternative assets, warning that workers’ nest eggs should not be turned into a speculative side-show. Bernie Sanders, Elizabeth Warren, and Bobby Scott want the proposal withdrawn The plan could touch a $10.1 trillion U.S. […]
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Bank of America has appointed an executive to lead its digital asset strategy, another sign that the biggest names in finance are no longer treating blockchain and crypto as a novelty act. Bank of America names leadership for digital assets Strategy may cover tokenization, stablecoins, custody, and blockchain settlement Wall Street is taking digital assets […]
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New York and Europe are moving in lockstep on stablecoin oversight, and that’s a pretty clear sign the days of “trust me bro” finance are numbered. NYDFS + EBA: Regulatory coordination on stablecoin oversight Focus areas: Reserves, redemption, consumer protection, and financial stability Big signal: Stablecoins are being treated as financial infrastructure, not just crypto […]
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The CLARITY Act has landed on the Senate Legislative Calendar, moving the U.S. one step closer to an actual crypto market-structure law instead of the usual regulatory goblin show. That still does not mean a vote is imminent, but it does mean the bill is officially in the Senate queue and Washington can’t keep pretending […]
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Brazil’s central bank has tightened the screws on crypto exchanges, making independent audits mandatory for licensing and renewals. If a firm wants access to one of the world’s biggest digital asset markets, it now has to prove it can handle compliance like a grown-up. Independent audits are now required for crypto licensing and renewals in […]
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The UK’s stablecoin fight is heating up, Washington is squeezing sanctioned crypto activity, and the SEC is suddenly sounding less allergic to tokenization. UK Lords vs BOE: Peers are pushing back on proposed stablecoin holding caps. U.S. Treasury action: Nobitex was sanctioned over alleged Iran-linked financial flows. SEC shift: Tokenization is getting a more constructive […]
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