Crypto News

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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Key TakeawaysSVP proposed a 10M population cap, straining infrastructure as Switzerland heads to a June 14 vote.Tamedia found 52% favor the law, signaling labor market shifts before Switzerland votes on June 14.Economiesuisse’s Pascal…
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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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Singapore-based crypto travel platform Travala has launched a protocol it says lets artificial intelligence agents search, reserve and pay for hotels with USDC (USDC) on layer-2 blockchain Base, extending agentic AI stablecoin payments into…
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Some digital asset industry advocates are pushing back against a provision in a $56 billion state budget passed by the Illinois General Assembly on Monday, due to its impact on crypto users. In a Senate bill included as part of the Illinois…
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Key TakeawaysA16z crypto leads a ~$300 million round at Digital Asset Holdings, valuing the company at ~$2 billion, per Bloomberg.Canton Network has processed over $6 trillion in tokenized assets, drawing Visa, DTCC, and Goldman Sachs as…
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The US House Ways and Means Committee circulated seven discussion drafts of bills to address digital asset taxation ahead of a Tuesday hearing on the matter, covering stablecoins, staking, mining and transactions.Among proposals in the…
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The pool closed with over $25M in four-month volume and had already hit double-digit fixed XRP rates by May, as seen on historical charts. Flare Network’s XRP-based…
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Some observers noted that lower share prices and higher yields can create a feedback loop that may become harder for Strategy to manage. Strategy’s preferred stock STRC…
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A group of Senate Republicans has urged US financial regulators to clarify the capital standards for companies engaged in crypto activities.Senator Cynthia Lummis said on Thursday that she led the group in sending a letter on May 27 to…
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