Illinois is preparing to drop its lawsuit against Coinbase over its crypto staking program, joining a growing list of U.S. states backing away from legal action against the crypto exchange. A spokesperson for Illinois...

The U.S. took a key step toward regulating stablecoins as the House Financial Services Committee advanced the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act. The move aligns with...

Galaxy Digital UK, a subsidiary of Mike Novogratzs digital asset financial services firm, has secured approval from the UKs Financial Conduct Authority (FCA) to offer derivatives trading. This regulatory green light marks...

Kristin Smith, the longtime CEO of the Blockchain Association, is stepping down next month to become president of the newly launched Solana Policy Institute, a crypto lobbying group focused on promoting decentralized...

Brazils debate over adopting Bitcoin as a strategic reserve asset is intensifying. Earlier this week, Nilton David, Brazils central bank director of monetary policy, dismissed the idea, stating that diversifying the...

The U.S. Commodity Futures Trading Commission (CFTC) has withdrawn two key crypto-related advisories, signaling a move toward a more streamlined and consistent regulatory approach to digital assets. On Friday, the CFTC...

Japans Financial Services Agency (FSA) plans to reclassify cryptocurrencies as financial products under new regulations aimed at curbing insider trading within the digital asset market, according to a Nikkei report on...

Former BitMEX CEO Arthur Hayes has received a full pardon from U.S. President Donald Trump, alongside BitMEX co-founders Samuel Reed and Benjamin Delo, according to a White House official. The pardons, first reported by...

The Federal Deposit Insurance Corp. (FDIC) has eliminated its 2022 requirement that banks obtain pre-approval before engaging in cryptocurrency-related activities. This shift marks a significant change in how U.S. banks...

The U.S. Federal Bureau of Investigation (FBI) has seized more than $200,000 in cryptocurrency tied to the Palestinian militant group Hamas, a U.S. and EU-designated terrorist organization. According to a statement...