Blockchain advocacy group The Digital Chamber has launched a new unit focused on supporting prediction markets and helping gain regulatory clarity for the sector in the US. In an announcement via X on Tuesday, The Digital Chamber unveiled the Prediction Markets Working Group, outlining a multi-year plan to bring clarity to what it called a…
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Russia’s finance ministry and central bank are reportedly calling on the government to speed up the rollout of crypto market regulations amid booming adoption of digital assets, claiming citizens are spending almost 50 billion Russian rubles ($648 million) on crypto daily. According to a report from Russian news outlet RBC on Thursday, Russia’s deputy finance…
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US Treasury Secretary Scott Bessent is calling on the Senate Banking Committee to proceed with confirmation hearings for Federal Reserve chair nominee Kevin Warsh, despite a standoff over an ongoing probe into current Fed chair Jerome Powell. Speaking with Fox News’ Sunday Morning Futures, Bessent referenced recent pushback from Republican Senator Thom Tillis, who said…
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BlackRock’s spot Bitcoin exchange-traded fund (ETF) has reportedly seen an all-time peak daily trading volume as traders responded to Bitcoin’s rapidly crashing price. The iShares Bitcoin Trust ETF (IBIT) “crushed its daily volume record” on Thursday, with $10 billion worth of shares trading hands, Bloomberg ETF analyst Eric Balchunas said on X. Balchunas added that…
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Stablecoin issuer Tether has released its open-source Bitcoin mining software, describing it as a means to simplify and scale Bitcoin mining while promoting further decentralization in the sector. In a post on X on Monday, Tether announced the rollout of MiningOS (MOS), stating that the software stack is a modular, scalable operating system built for…
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The Zamoskvoretsky Court in Moscow has reportedly ordered BitRiver CEO Igor Runets to remain under house arrest amid tax evasion charges. The founder and CEO of Russian Bitcoin mining firm BitRiver, Igor Runets, has reportedly been detained and charged with multiple counts of tax evasion. According to reports from local media outlets such as RBK…
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The Financial Conduct Authority has begun seeking final feedback on a set of proposals aiming to apply traditional finance standards to the UK crypto sector. The UK’s financial watchdog is entering the final stages of its consultation process for a host of key proposed crypto regulations as the agency continues to work on the government’s…
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The SEC’s Paul Atkins and the CFTC’s Michael Selig will discuss the two agencies’ crypto oversight as legislative efforts to define their roles work through the Senate. The US Securities and Exchange Commission and the Commodities Futures Trading Commission say they’re coming together to discuss their efforts to implement President Donald Trump’s crypto agenda. The…
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The Senate Committee on Agriculture, Nutrition and Forestry has set Jan. 27 for its markup hearing for its crypto market structure bill, which is touted to bring “clarity and certainty” to the market. In an announcement on Monday, the committee — which oversees the Commodities Futures Trading Commission — confirmed that its final markup will…
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US Securities and Exchange Commission chair Paul Atkins says he is confident that the crypto market structure bill will make it onto US President Donald Trump’s desk this year. In an interview with Fox Business on Monday, Atkins discussed the regulatory outlook for crypto this year. Atkins praised the passing of the GENIUS act in…
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