Latest updates, press releases, and insights from the volatile world of digital assets.
David Solomon voices support for the digital asset market structure bill as Senate negotiations intensify over stablecoin provisions and ethics concerns, exposing tensions within traditional finance
BancaStato, the state-owned bank serving Switzerland’s Ticino region, has enabled clients to buy, hold, and sell Bitcoin, Ethereum, Solana, and Litecoin directly through its existing web and mobile banking platforms via a partnership with Sygnum and Avaloq
Pakistan's Federal Investigation Agency has created a dedicated cryptocurrency unit to investigate money laundering, terrorism financing, and other digital asset-related offenses, advancing the country's push toward regulated crypto activity
Cross-party lawmakers are examining restrictions that have hindered crypto firms' access to banking services, amid industry concerns over transaction delays and limited investment
US banking associations have sent a joint letter to Senate leaders calling for revisions to stablecoin provisions in the pending Digital Asset Market Clarity Act to prevent potential competition with bank deposits
Tether has invested in Pact Labs to integrate its USA₮ stablecoin into the $11 trillion US payroll sector, aiming for faster wage payments through blockchain infrastructure
The Federal Law Enforcement Officers Association has endorsed the Digital Asset Market Clarity Act, marking the second major law enforcement group to support the bill. The move comes with recommendations to tighten accountability measures in decentralized finance as the Senate approaches a key August deadline
Circle has gained final approval from the U.S. Office of the Comptroller of the Currency to establish Circle National Trust, a federally regulated entity focused on digital asset custody that strengthens operations around its USDC stablecoin
Alfa-Bank, Russia’s largest private bank, plans to offer digital asset custody, trading, and investment products to retail and corporate clients once new regulations take effect
Global financial messaging network SWIFT has introduced a blockchain-based shared ledger ready for initial use in cross-border payments. Seventeen major banks will test tokenized deposits for round-the-clock transactions while maintaining standard banking controls
