Todd Blanche owned bitcoin and last year instructed staff to ease off crypto developers even as prosecutions of industry figures continued. The contrast underscores a conflicted DOJ posture that could keep uncertainty high for crypto firms and investors.
Senate Majority Leader John Thune will prioritize the SAVE America Act, delaying consideration of a crypto market structure bill until at least April. The move stalls congressional progress on federal crypto rules and prolongs regulatory uncertainty for market participants.
Bitcoin reclaimed the $70,000 level as markets rallied after White House Press Secretary Karoline Leavitt said the Trump administration is considering a temporary suspension of the Jones Act to ease oil prices. Traders priced in lower energy costs, boosting risk-on flows.
The Senate prepares to vote on Kevin Warsh, President Trump's nominee for Federal Reserve chair, as Bitcoin climbs to a four-week high amid optimism over potential policy shifts.
Economist Nouriel Roubini slammed the Trump administration’s second‑term pivot to crypto as “clueless,” “venal,” and a dangerous experiment, saying it plants legislative “time bombs” that could undermine U.S. financial stability. His comments escalate debate over how quickly policymakers should adopt crypto‑friendly rules.
Crypto's steep slide paused after the U.S. House narrowly approved a funding bill, sending a relief rally as the measure goes to the president for signature.
President Trump said he'll pick the next Federal Reserve chair by next week, renewing criticism of current chair Jerome Powell. Pro-crypto Governor Chris Waller has gained momentum as a leading contender, drawing attention from digital-asset markets.
Coinbase CEO Brian Armstrong said there is no clash with the White House and that talks remain ongoing as the industry works on proposals tied to the CLARITY market-structure bill. The focus is on ways to support community banks' role in crypto.
Negotiations between Senate Republicans and Democrats have pushed the cryptocurrency bill's vote into 2026 after weeks of debate over which rules to include. The delay extends regulatory uncertainty for crypto firms and investors.
Conservative Republicans are angry after language banning a central bank digital currency was dropped from a must-pass defense bill now headed to the Senate.