Progressive lawmakers and allied consumer and labor organizations say they will oppose the industry-backed crypto market legislation currently before the Senate, potentially blocking its passage. The move raises the stakes for negotiators seeking a compromise on digital-asset rules.
The top U.S. national bank regulator announced banks may serve as intermediaries for cryptocurrency transactions, part of the Trump administration’s push to bridge traditional finance and crypto. The move aims to expand regulated custody, settlement and payment services.
Fanatics Markets and Crypto.com have partnered to offer regulated prediction trading to U.S. users, combining Fanatics’ consumer reach with Crypto.com’s trading and compliance infrastructure. The product requires KYC and will be available only in eligible jurisdictions.
Chicago-based Bitnomial has received CFTC approval to offer spot cryptocurrency products, positioning it as the first U.S. exchange regulated by the CFTC for spot trading. The development is a notable shift in U.S. crypto oversight and could open the door to more institutional participation.
Anthropic announced a $50 billion investment to expand U.S. AI infrastructure, saying the plan will create thousands of jobs and accelerate AI capabilities. The move could reshape compute supply chains and affect cloud and web3 services that rely on large-scale models.
The White House is considering an IRS-backed push to join CARF, a global tax-reporting system that would make it easier to identify Americans’ cryptocurrency held abroad. The proposal raises privacy and enforcement concerns for crypto holders and offshore platforms.
Binance founder Changpeng “CZ” Zhao said the exchange may re-enter the U.S. market if the $4.3 billion fine is reversed, and suggested those funds could instead be used for investments inside the United States.
A Detroit man was sentenced to nine years in federal prison after secretly transferring Bitcoin to a federal informant he believed was part of ISIS. Prosecutors say the transfers were intended to support the extremist group.
China’s CVERC alleges that 127,000 BTC seized by U.S. agents belonged to the LuBian mining pool rather than being criminal proceeds. Reports from Global Times and PANews have amplified the claim, prompting fresh questions about cross‑border asset seizures.
Economist and commentator Peter Schiff warned on X that the U.S., now the world's 'Bitcoin capital,' will be most exposed if the crypto bubble collapses, criticizing Trump's push to make the U.S. a crypto leader. He said being Bitcoin capital carries a 'heavy cost' for American investors.