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House Financial Services Committee Advances Clarity for Payment Stablecoins Act

House Financial Services Committee Advances Clarity for Payment Stablecoins Act

On July 27, 2023, The U.S. House Financial Services Committee advanced a stablecoin-focused bill for the first time. The Clarity for Payment Stable...
Crypto Firms Face Turmoil as Prime Trust Fallout Causes Service Disruptions and Concerns

Crypto Firms Face Turmoil as Prime Trust Fallout Causes Service Disruptions and Concerns

After the Bitgo acquisition deal to purchase Prime Trust fell through, it seems that crypto firms that have worked with the custodian are experienc...
SEC Summons Binance CEO CZ as Lawsuits Shake Cryptocurrency Industry

SEC Summons Binance CEO CZ as Lawsuits Shake Cryptocurrency Industry

The United States District Court in Washington, D.C., at the request of the Securities and Exchange Commission (SEC), summoned Binance CEO Changpen...
Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil

Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil

According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com...