The latest in digital assets, markets and regulation.
The US House Ways and Means Committee approved the Digital Asset Tax Certainty Act in a 38–5 vote, advancing federal tax reforms for stablecoins, mining, and staking.
Chainalysis announced support for Arc, an EVM-compatible Layer 1 blockchain built by Circle, enabling automatic monitoring of new tokens and transaction screening.
Following the Senate's failure to advance the Clarity Act, CFTC Chair Michael Selig and SEC Chair Paul Atkins committed to implementing crypto regulations using existing statutory authorities.
Meta CEO Mark Zuckerberg argued against a coordinated industry slowdown in AI development, stating that individual labs have both the responsibility and business incentive to implement safety measures independently.
Hackers hijacked HBO Max’s verified Reddit account to run 108 malicious ads distributing the PasteSwitch malware, which targets cryptocurrency wallet information on Windows and Mac.
Anchorage Digital Bank has integrated custody support for the Etherlink network, enabling institutional clients to hold seven assets including xU3O8, a token representing physical uranium.
U.S. spot Bitcoin ETFs recorded their largest single-day outflow since June, shedding $450.4 million after the Senate failed to advance the Digital Asset Market Clarity Act.
Saxo strategist Ruben Dalfovo identifies Coinbase as the exchange most exposed to regulatory uncertainty following the US Senate's failure to advance the Digital Asset Market Clarity Act.
Deutsche Bank announced plans to debut a bitcoin custody service for European corporate and institutional clients this year, pending regulatory approval.
Circle activated its Arc Layer 1 blockchain Wednesday, featuring founding validators like BlackRock and Visa, while minting 10 billion ARC tokens without committing to a public launch.
The SEC proposed rescinding Rule 14a-8 and amending proxy solicitation rules, citing statutory overreach and the need for modernization.
A hacker tricked Revolut into leaking customer data, while a separate breach exposed over 153 million driver’s licenses, highlighting the security risks of storing identity documents.