US President Donald Trump said bankers were trying to undermine the GENIUS Act – the iconic stablecoin law he signed into law last year – in a Truth Social article on Tuesday, and he called for congressional legislation on crypto market structure to pass without interference. “The United States needs to get the market structure […]
As many publicly traded Bitcoin miners shift their business plans and capital to AI infrastructure, the Trump family-backed American Bitcoin (ABTC) is doubling down on its investment in BTC mining. The company announced the purchase of 11,298 ASIC miners on Tuesday, a move it said will increase its mining capacity by around 12%. Read more:
JPMorgan Chase CEO Jamie Dimon said banks want stablecoin issuers that pay interest on customer balances to be subject to the same rules as traditional lenders, sharpening the ongoing debate over U.S. crypto legislation. In an interview with CNBC on Tuesday, Dimon addressed reported tensions with Coinbase CEO Brian Armstrong, who withdrew his support for
The Aave Chan Initiative, one of the most active governance groups within the Aave DAO, announced its closure after a dispute over transparency and voting power related to a record budget request from Aave Labs. Marc Zeller, founder of ACI, announced that the eight-person team will not seek to renew its contract and will cease
Aave Governance Gap Deepens as Large Governance Group Leaves $26B DeFi Protocol Read More »
The White House has set a March 1 deadline for the banking industry and crypto companies to reach an agreement on stable coin yield, paving the way for the Clarity Act, the market structure legislation intended to put the industry on solid legal footing in the United States. The House adopted clear measures seven months
Donald Trump’s crypto legacy in two words: Paul Atkins Read More »
SAN FRANCISCO, Calif. – For years, the crypto industry has been searching for its next watershed moment – something on the scale of the DeFi summer or the NFT boom. Meanwhile, artificial intelligence has quietly become integrated into daily life. Developers use ChatGPT as a co-pilot. Consumers are relying on AI assistants to write emails,
Blockchain Users Will Be AI Agents, Says NEAR Co-Founder Read More »
Shares of stablecoin issuer Circle (CRCL) are up more than 20% this week, outperforming the broader market following Israeli and US airstrikes on Iran over the weekend. Japanese bank Mizuho attributed the rise in part to a sharp rise in oil prices as tensions in the Middle East exploded. Rising crude prices could reignite inflationary
The Financial Action Task Force (FATF) said that “stablecoins are the most popular virtual asset used in illicit transactions”, notably in Iran and North Korea, and therefore called for stricter monitoring of stablecoin issuers in a 42-page report released on Tuesday. In January 2026, the global watchdog said it found that stablecoins accounted for most
Stablecoins account for most illicit crypto activity, says FATF Read More »
The Bank of Japan (BOJ) announced the expansion of its blockchain experiment to settle central bank reserves, while emphasizing that efforts for a retail central bank digital currency (CBDC) are underway. The BOJ has launched a “sandbox project” to experiment with bank settlements and deposits using central bank currency, Governor Kazuo Ueda said Tuesday in
BOJ explores tokenized central bank currency as 2026 digital yen decision looms Read More »
Yesterday’s modest rally in stocks in response to a new war in the Middle East that broke out over the weekend — for now — appears to have been a sham. At mid-morning in the US, the Nasdaq was at its lowest point of the session, down 2.5%. The S&P 500 is down 2.3%. European
BTC Soars to $68,000 as Traditional Markets Crash Read More »
