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Congress Reaches Deal on Housing Bill With CBDC Ban
The US House and Senate have reached a deal to move forward with a housing bill that includes a ban on the Federal Reserve creating a central bank digital currency (CBDC) until 2030.A bipartisan group of House and Senate leaders released an…
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US Government Watchdog Urges FDIC Address Crypto Oversight
The US Government Accountability Office has urged the Federal Deposit Insurance Corporation to make an effort to coordinate with other federal agencies to address risks from blockchain technology.GAO made a June 8 letter to FDIC Chairman…
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Morpho’s $175M DeFi Round Tests Onchain Credit’s Future
Investors are increasingly backing stablecoin and credit infrastructure rather than decentralized finance (DeFi) lending alone, with Morpho Labs' latest funding round drawing attention to onchain credit markets, according to Spark CEO Sam…
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Polish President Vetoes Crypto Bill for Third Time ahead of MiCA Deadline
Polish President Karol Nawrocki vetoed a cryptocurrency regulatory bill for the third time, which sought to implement Europe's Markets in Crypto Assets Regulation (MiCA) in the country.Nawrocki said Thursday he supports regulating the…
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Autonomous AI Agents Pose Crypto Financial Risks
Artificial intelligence agents that have autonomous access to crypto wallets could become unstoppable if deployed maliciously or if they escape from sandboxes, experts from a leading academic research consortium warned.“Unstoppable…
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Hungary to Reverse Crypto Trading Rules That Carried Prison Terms
Hungary is set to decriminalize crypto trading, reversing restrictions that imposed potential jail terms for certain crypto-to-fiat and crypto-to-crypto transactions, according to Tisza government spokesperson Anita Köböl. Speaking at a…
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Botanix Shuts Down as Bitcoin Defi Demand Falls Short
Botanix, a Bitcoin scaling network that set out to bring “real utility” to BTC without token incentives, is winding down after four years in operation.In a Tuesday post on X, Botanix told users to withdraw all Bitcoin and other assets by…
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DeFi Users Warned to Revoke Approvals Before Anthropic’s Mythos AI Launches
Token approvals often accumulate unnoticed over time, creating potential exposure if previously trusted contracts become compromised.
Anthropic is reportedly set to…
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UK Proposes Limited Retail Fund Exposure to Crypto
The UK’s Financial Conduct Authority has proposed allowing some authorized investment funds to hold up to a 10% allocation of crypto exchange-traded notes, closing a regulatory gap between retail investors and funds.The FCA floated the idea…
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House GOP Moves to Limit Lawmakers’ Prediction Market Betting
Republicans in the US House of Representatives are moving to add prediction market restrictions to a stalled congressional stock trading ban, as lawmakers scrutinize whether members of Congress should be allowed to wager on elections or…
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