Elon Musk Doubles Down on Bitcoin for America—and Beyond
Elon Musk’s America Party is going full Bitcoin. When questioned on X, he dismissed fiat with his signature brevity: “Fiat is hopeless, so yes.”
US House GOP Prioritizes Crypto Legislation in Mid-July ‘Crypto Week’
Republican leaders in the House have scheduled July 14–18 as “Crypto Week” to advance three key digital asset bills:
Sen. Lummis Introduces Standalone Crypto Tax Reform Bill
US Senator Cynthia Lummis unveiled a new bill Thursday aimed at reforming crypto taxation after related amendments were excluded from the recent budget package.
Bankruptcy Judge Greenlights Celsius’ $4.3B Lawsuit Against Tether Over Collateral Dispute
A New York bankruptcy judge has ruled that Celsius can advance most of its $4.3 billion lawsuit against Tether, the stablecoin issuer.
Ripple’s Big Bet: Becoming a Federally Chartered Bank
Ripple just applied for a national banking license, aiming to operate under both state and federal regulators, a rare move that CEO Brad Garlinghouse calls a “unique benchmark for trust.”
Arizona Governor Vetoes Bill Aimed at Establishing Seized Crypto Reserve Fund
Arizona Governor Katie Hobbs has rejected House Bill 2324, which proposed the creation of a state-managed reserve fund for cryptocurrency assets seized through forfeiture.
Circle Applies for US Banking License
Fresh off a red-hot IPO, Circle Internet Group is making waves again—this time by applying for a US national banking license.
