Not all voters are sold on crypto, and in Illinois, the crypto industry lobby failed to secure a victory, despite spending millions. On Tuesday, Illinois Lieutenant Governor Juliana Stratton won a primary election for a rare open US Senate seat in her state. She is expected to win in the general election and take the…
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Author of The Bitcoin Standard, Saifedean Ammous, believes that fiat is the central problem plaguing society. “The 20th century is just an enormous amount of wealth being taken away from people who produced it and being sent to the meat grinder of war. And this is what fiat does,” he told Cointelegraph. “If you take…
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The Bank of England’s (BOE) position on stablecoins is evolving to a more friendly stance, but according to the bank’s deputy governor, constructive dialogue with the industry is still lacking. The UK’s central bank launched a consultation on stablecoins in November last year. Some of the proposed requirements drew the ire of crypto industry representatives,…
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Republicans in the US Congress want to ban any possibility of a central bank digital currency (CBDC). To do so, they’re threatening progress on a bipartisan housing bill. A group of Republican members of the US House of Representatives wrote a letter dated March 6, expressing the “dire need to prohibit a Central Bank Digital…
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Recent events at the US Federal Reserve signal acceptance of digital assets at the highest levels of the country’s monetary system. Kraken recently became the first crypto exchange to receive a master account at the Federal Reserve. The Fed could also see a new crypto-friendly chair. US President Donald Trump on Wednesday submitted a pro-Bitcoin…
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One year ago, US President Donald Trump signed an executive order establishing a strategic crypto stockpile. Now, one year later, its value has decreased by billions. At the beginning of his administration, Trump formed a working group to study how the government could best implement and regulate crypto. This included the Bitcoin (BTC) and crypto…
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The taxman cometh. In February, the tax authorities of four countries began to reconsider how they tax crypto. In the US, the number of crypto ATMs hit nearly 40,000, returning to 2021 levels of interest in crypto kiosks. The number of installations had dipped significantly after the crypto crash of 2022. Japan’s inflation dipped below…
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Over the weekend, US President Donald Trump announced a raft of new tariffs in response to a Supreme Court decision that ruled many of his previous tariff hikes unconstitutional. Following news of the tariff hikes, crypto markets tumbled in an all-too-familiar pattern that has plagued the industry since April 2025, when Trump introduced the first…
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European Central Bank (ECB) president Christine Lagarde is stepping down sometime before the French presidential election next year. Under her leadership, the ECB has consulted on the Markets in Crypto Assets (MiCA) legislation that defined the crypto landscape in the European Union. The preeminent European bank also began work on the digital euro — the…
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As cryptocurrency is becoming increasingly intertwined with the traditional financial world, it’s also forming the foundation of a parallel, shadow financial system. A January report from TRM Labs found a surge in illicit or illegal crypto use to an all-time high of $158 billion. This included a massive increase in crypto flows related to sanctions…
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