U.S. Regulation

Sony Bank Wins U.S. Approval to Launch Dollar Stablecoin Trust Bank

Sony Bank, the banking arm of Sony Financial Group, has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish…

6 days ago

CFTC Chairman Michael Selig Urges Congress to Pass CLARITY Act Before August Recess

Commodity Futures Trading Commission (CFTC) Chairman Michael Selig is making one of the strongest pushes yet for comprehensive U.S. crypto regulation, calling on Congress to…

1 week ago

U.S. Senators Introduce Bill to Block China and Other Foreign Adversaries From Accessing Advanced American AI Technology

Two of the lawmakers behind the landmark GENIUS Act are now turning their attention to artificial intelligence. Senators Tim Scott and Bill Hagerty have introduced new…

2 weeks ago

CFTC Considers Bringing Crypto-Style Perpetual Futures and 24/7 Trading to the Oil Market

The U.S. Commodity Futures Trading Commission (CFTC) is exploring one of the biggest structural changes ever proposed for traditional commodity markets by…

3 weeks ago

Federal Reserve Moves to Tighten Stablecoin Oversight With New Customer Identification Requirements

The Federal Reserve has unveiled a new proposed rule that would require certain payment stablecoin issuers to establish and maintain formal Customer Identification…

4 weeks ago

Illinois Becomes First State to Tax Bitcoin and Crypto Transactions as Critics Call It the Most Punitive Crypto Tax in America

Illinois has officially become the first U.S. state to impose a transaction-based tax on cryptocy activity after Governor J.B. Pritzker signed the state's…

4 weeks ago

CLARITY Act Gains Momentum as Senate Prepares for Critical Post-Recess Vote

The long-awaited Digital Asset Market CLARITY Act is moving closer to becoming law as momentum continues building in the U.S. Senate. Following…

4 weeks ago

Appeals Court Rejects Sam Bankman-Fried’s Bid for New Trial, Upholds FTX Fraud Conviction

Sam Bankman-Fried suffered another major legal setback after a federal appeals court rejected his effort to overturn his conviction and secure…

1 month ago

CFTC Takes On New Mexico in Major Prediction Markets Showdown

The battle over who controls the future of prediction markets in the United States has escalated dramatically. The Commodity Futures Trading…

1 month ago

New York Proposes Tougher Stablecoin Rules as State Moves to Align With Federal GENIUS Act

New York's Department of Financial Services (NYDFS) has unveiled a new stablecoin regulatory proposal designed to align the state's oversight framework…

1 month ago