Senate Republicans this week released a revised draft of the CLARITY Act, a bill aimed at establishing a regulatory framework for digital assets, ahead of a possible Senate vote. The new version would prohibit the president and other federal officials from issuing or sponsoring digital assets, a provision that has
The European Union is preparing its 21st sanctions package against Russia, marking the first time the bloc has considered banning third-country crypto service providers as part of its restrictive measures. The package targets a network reportedly worth $120 billion and names 14 crypto companies, though the EU has not
Poolin, the Singapore-based mining operation that once commanded close to a fifth of Bitcoin's global hashrate, has filed for bankruptcy and now faces $173 million in liabilities. The company, formerly ranked among the largest Bitcoin mining pools in the world, is selling off its remaining assets to
A group of publicly traded companies that once accumulated bitcoin as a core treasury strategy are now unwinding those positions under financial pressure. Falling share prices, mounting debt obligations and challenging market conditions have pushed several former bitcoin accumulators to sell holdings, repay borrowings and restructure their operations. Some are
Once a dominant force in crypto derivatives, BitMEX has completed a business review and confirmed it will shut down on September 23, instructing customers to close positions and withdraw funds beforehand. Unlike the collapse of FTX, this closure comes without a balance-sheet shortfall, frozen withdrawals, or bankruptcy proceedings. Kaiko
Cryptocurrency majors edged lower as investors weighed the latest round of technology company earnings and looked ahead to next week's Federal Reserve meeting. Dogecoin led the decline, falling 4.5%, while ether dropped 2.5% in a broad but relatively modest retreat across major digital assets. Despite the
Originally built to streamline cryptocurrency trading, stablecoins have grown into one of crypto's most widely adopted applications, now positioned as an efficient and transparent medium of exchange for the broader financial system. The total stablecoin market capitalization has surged to $300 billion, reflecting rising demand from both retail