Coinbase Q1 Revenue Falls by 10%
Coinbase reported a 10% quarter-over-quarter revenue decline to $2 billion in Q1, falling short of industry estimates by 4.1% as market trading activity slowed.
OCC: US Banks Can Buy and Sell Customer Digital Assets
The OCC’s latest interpretive letter, published Wednesday, cements national banks’ authority to engage in crypto asset transactions and custody without pre-approval—a significant pivot from 2021’s restrictive stance.
Texas Senate Advances Bill Aimed at Creating a Bitcoin Reserve
The Texas legislature has advanced groundbreaking cryptocurrency legislation with Senate Bill 21, which would establish an official state Bitcoin reserve.
Robinhood Plans Blockchain Platform for European Investors to Trade US Stocks
Robinhood is reportedly building a blockchain-based trading network that would allow European retail investors to access US securities.
CFTC to Drop Appeal Against Prediction Market Kalshi
The Commodity Futures Trading Commission (CFTC) on Monday moved to withdraw its appeal of a federal judge’s decision allowing commodities exchange KalshiEx to place bets on US political election outcomes.
Bitwise Files to Launch a NEAR ETF
Bitwise Asset Management has made a significant move by applying to the US SEC for a spot NEAR exchange-traded fund, marking an important milestone for the altcoin market.
Indonesia Suspends Sam Altman’s Worldcoin Project
Indonesia’s Ministry of Communication and Digital, known as Komdigi, has suspended the registration licenses for Worldcoin and its identity verification service, WorldID, due to rising public concerns and potential regulatory violations.
