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An amendment has been proposed to the Federal Reserve Act to ban the US central bank from issuing a central bank digital currency (CBDC) until 2030.  The language appears near the end of the 300-page “21st Century ROAD to Housing Act” (HR 6644), released by the Senate Committee on Banking, Housing, and Urban Affairs on

Uniswap Labs and founder Hayden Adams have won a class action lawsuit that sought to hold them liable for scam cryptocurrencies traded on its platform, ending a four-year legal saga. Manhattan federal judge Katherine Polk Failla dismissed a suit against Uniswap on Monday with prejudice, saying the class group can’t hold Uniswap liable for the

Iran’s top crypto exchange saw a significant spike in crypto withdrawals within minutes of the US and Israel launching strikes in Tehran on Saturday. However, a widespread internet outage curbed additional outflows. In a post on Monday, Elliptic said crypto outflows from the Nobitex exchange surged by more than 700% to over $500,000 within minutes

A February report claimed that Tether had frozen about $4.2 billion worth of its USDt stablecoin allegedly connected to illicit activities since 2023. The US Justice Department is seeking to recover roughly $327,829 in stablecoins allegedly linked to money laundering connected to an online romance scam. In a Monday notice, the US Attorney's Office for

Key takeaways: Bitcoin futures demand has hit its lowest level since 2024, signaling that many institutional traders are staying cautious. Despite lower confidence from bulls, high CME open interest suggests that major institutions have not left the market. Bitcoin (BTC) price has gained 10% since retesting $63,000 on Saturday, providing a glimpse of hope for

TD Securities, a major Canadian investment bank with operations across North America, said tokenization may be approaching an institutional turning point following the New York Stock Exchange’s push into tokenized equities. In recent commentary, TD Securities’ Reid Noch, vice president for electronic trading, said tokenization is beginning to carry real implications for market structure, pointing

Bitfinex Securities said on Monday it will resume issuing tokenized bonds for Luxembourg-based securitization fund ALTERNATIVE, with future sales expected to exceed $10 million. The USDt-denominated bonds will be issued and settled on the Liquid Network, a Bitcoin sidechain, with fundraising, coupon payments and principal repayments executed fully onchain. The move follows four prior tokenized

Chainlink has enabled transfers of Coinbase’s wrapped Bitcoin token, cbBTC, from Base to the Monad blockchain using its cross-chain interoperability protocol (CCIP), enabling more than $5 billion worth of cbBTC to move into the Monad ecosystem. According to Monday’s announcement from Monad, the integration brings cbBTC into the Monad DeFi ecosystem, where a bevy of

While US Senate lawmakers have been working to pass a comprehensive digital asset market structure bill since July, some industry observers in Washington say progress could be “on hold” due to government gridlock. Since the House of Representatives passed the CLARITY Act last summer and sent the legislation to the other chamber, lawmakers have faced

Fold, a publicly traded Bitcoin financial services company, has eliminated $66.3 million in convertible debt, removing a potential source of share dilution and simplifying its balance sheet as it prepares to expand its product lineup. In a recent disclosure, Fold said it retired two outstanding convertible notes, which are debt instruments that can be converted