JPMorgan believes Bitcoin's current stagnation could be resolved by the Clarity Act, new cryptocurrency legislation that would provide regulatory clarity. The bank expects this legislation to boost institutional participation and accelerate tokenization across U.S. crypto markets.
A judge has ruled against Binance's attempt to move class action lawsuits regarding token sales into arbitration. The lawsuits originated from a wave of legal action filed in April 2020 targeting major cryptocurrency exchanges and token issuers.
US Senator Chris Murphy announced plans to introduce legislation banning prediction markets, calling them 'corrupt and destabilizing.' The move specifically targets platforms like Polymarket amid concerns about war betting and insider trading risks.
Banking regulators have proposed new rules that would restrict third parties from passing stablecoin yield rewards to users. The regulatory change could significantly impact major crypto exchanges like Coinbase, though experts disagree on the exact implications for the industry.
The article discusses regulatory pressures on stablecoin issuers regarding interest distribution and the competitive dynamics between digital dollars and traditional bank deposits. It explores the ongoing debate over who should receive the risk-free rate earned on stablecoin reserves.
Eleven US senators have called for a federal investigation into Binance's sanctions compliance and anti-money laundering controls. The request follows reports of Iran-linked transactions on the platform and concerns about potential sanctions evasion risks.
Morgan Stanley has applied for a national trust bank charter to establish a dedicated digital asset custody and staking entity in the United States. This move represents a significant step by a major Wall Street firm into institutional cryptocurrency services.
Tether has frozen $4.2 billion worth of USDT tokens connected to illicit activities over the past three years, demonstrating the company's cooperation with law enforcement. This highlights the growing role of stablecoin issuers in combating financial crimes and money laundering through blockchain-based assets.
Minnesota lawmakers are considering legislation to ban cryptocurrency ATMs statewide due to growing concerns about their use in financial fraud schemes. The proposal is being reviewed by the Minnesota House Commerce Finance and Policy Committee as part of efforts to combat digital asset-related scams.
The CLARITY Act stablecoin negotiations stalled over the weekend despite White House efforts to broker a breakthrough. Banking representatives and crypto lobbyists remain divided on key issues around stablecoin yield generation, leaving the crypto market structure bill far from a final deal.
Crypto mixer usage has rebounded to near pre-ban levels following the 2022 Tornado Cash sanctions, reaching 32,000 transactions in 2025. Research shows the crackdown primarily deterred legitimate privacy-seeking users while criminals adapted by migrating to alternative platforms and methods.