US Treasury Proposes Rules Clarifying Stablecoin Issuance Under GENIUS Act
The department opens a 60-day public comment period on definitions and licensing requirements ahead of the law’s January 2027 effective date
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Latest updates, press releases, and insights from the volatile world of digital assets.
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OpenAI Signs 20-Year Lease for Major Ohio AI Data Center Backed by Nvidia
OpenAI will occupy capacity at the PORTS-Pike Technology Campus starting in 2028, with Nvidia providing guarantees and systems under a partnership with SB Energy
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Minnesota Enforces Statewide Ban on Crypto ATMs After Nearly $1 Million in Scam Losses
A new state law effective August 1 prohibits virtual currency kiosks after officials linked the machines to significant fraud targeting seniors, with operators given until year-end to remove equipment
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Dubai Crypto Hub and Iranian Gambling Network Moved $4 Billion to Dodge Sanctions
An unlicensed exchange processed billions in digital assets linked to illegal betting sites, the central bank and entities tied to the Revolutionary Guards
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Treasury Secretary Presses Senate for Immediate CLARITY Act Vote Ahead of August Recess
Scott Bessent demands action on the crypto market structure bill, defending key provisions amid ethics disputes and falling passage odds before lawmakers leave Washington
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US State Department Launches Freedom Tech Program With Bitcoin Policy Institute
The Freedom Tech Excellence Program partners with the Bitcoin Policy Institute, Palantir, Anduril and others to advance global digital freedom through temporary private-sector secondments
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Digital Chamber Sues Illinois Over 0.2% Digital Asset Transaction Tax
The Digital Chamber filed suit against Illinois to block a new tax on crypto transactions before its January 2027 effective date, arguing the measure discriminates against blockchain technology
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US Regulators Miss GENIUS Act Deadline, Leaving Stablecoin Framework Incomplete
One year after enactment, federal agencies have yet to finalize key implementing rules for the nation's first major stablecoin legislation, shortening the runway for issuers ahead of the January 2027 effective date
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Coinbase Challenges Senator Warren Over CLARITY Act National Security Concerns
Coinbase's chief policy officer rebuts Senator Elizabeth Warren's warnings about the Digital Asset Market Clarity Act, arguing that the bill strengthens oversight and closes regulatory gaps in the crypto sector
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DOJ Moves to Dismiss Charges in Major $722 Million BitClub Case
The US Department of Justice is preparing to drop its prosecution of Matthew Goettsche, the alleged founder of BitClub Network, in a long-running case involving claims of a $722 million fraud scheme tied to a cryptocurrency mining operation
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