Bitwise’s ETF Hopes Hang in Limbo After SEC Pauses Approval
Bitwise’s plan to convert its crypto index fund into an ETF hit a snag after the SEC approved—then quickly paused—the move, creating uncertainty for investors.
Senate GOP Drafts Market Structure Bill
The battle for crypto regulation is heating up—Senate Republicans just unveiled their draft bill, setting the stage for a potential compromise with the House.
BitGo’s IPO Plans Signal Crypto’s Next Growth Phase
BitGo is preparing for a US IPO, filing confidentially with the SEC in a bid to enter public markets.
Saylor’s MicroStrategy Buys the Dip with $740M Bitcoin Splurge
Even as Bitcoin retreated from its $122K peak last week, MicroStrategy went shopping—adding 6,220 BTC ($739.8M) to its massive stockpile.
Western Union Embraces Stablecoins for Next-Gen Payments
Western Union is preparing to enter the stablecoin space, with plans to integrate digital assets into its wallet platform.
Conflux to Launch Offshore Yuan Stablecoin, CFX Jumps 57%
China’s Conflux Network plans to issue an offshore yuan-pegged stablecoin in partnership with AnchorX and Eastcompeace Technology, per a Shanghai government report.
Crypto Firms Face Banking Lobby Resistance in Bid for Licenses
Crypto companies seeking federal banking licenses are hitting roadblocks as traditional banks push regulators to slow down the approval process.
