US Capitol building on a sunny morning, representing the CLARITY Act legislative markup.
Bitcoin News

CLARITY Act Advances: Senate Markup Scheduled for May 14

The US CLARITY Act, a legislative effort to provide clearer rules for the cryptocurrency industry, is scheduled for a markup vote before the Senate Banking Committee on Thursday, May 14. Senate Banking Committee chair Tim Scott confirmed the date on Friday, prompting a wave of reactions from industry leaders who have been awaiting progress on […]

Bitcoin coin in foreground with blurred digital trading chart showing $80,000 level in background
Bitcoin News

Bitcoin Holds Near $80,000 as Surprise US Jobs Data Shakes Rate Cut Expectations

Bitcoin’s price consolidated near the psychologically important $80,000 mark on Friday, as traders weighed a surprisingly strong US jobs report that reshaped expectations for Federal Reserve interest rate policy. The largest cryptocurrency by market capitalization has been locked in a tight trading range, with bulls attempting to establish support above $80,000 while bears defend the […]

US Senate committee hearing room with a smartphone showing a crypto exchange app in the foreground
Bitcoin News

Coinbase, Kraken, Gemini pushed to weaken token listing rules in US Senate bill, report says

Three of the largest US-based cryptocurrency exchanges — Coinbase, Kraken, and Gemini — successfully lobbied US senators to remove a key provision from a digital asset market structure bill that would have required platforms to only offer trading on tokens “not readily susceptible to manipulation,” according to a report published Friday by Politico. Behind the […]

Exterior of the Estonian Financial Supervision and Resolution Authority building in Tallinn
Bitcoin News

Estonia’s financial regulator warns investors over Zondacrypto’s MiCA breach

Estonia’s Financial Supervision and Resolution Authority (FSA) has issued an investor warning against BB Trade Estonia OÜ, the operator of the Zondacrypto digital asset exchange, citing a breach of the European Union’s Markets in Crypto-Assets (MiCA) framework. The regulator found that the company failed to publish a required white paper for its “TeamPL” crypto token […]

Senator Elizabeth Warren questioning Meta CEO Mark Zuckerberg about stablecoin plans in a Senate hearing room.
Bitcoin News

Senator Warren presses Zuckerberg on Meta’s stablecoin plans, citing transparency concerns

U.S. Senator Elizabeth Warren (D-Mass.) has formally requested that Meta CEO Mark Zuckerberg provide detailed information about the company’s renewed stablecoin initiatives, raising concerns about consumer protections and regulatory oversight. In a letter sent Wednesday, Warren questioned the lack of transparency surrounding Meta’s stablecoin integration, which follows a limited trial payout in USDC to content […]

Exodus XO Cash stablecoin wallet interface on Solana blockchain for AI agent payments
Bitcoin News

Exodus launches XO Cash, a Solana stablecoin and toolkit designed for AI agent payments

Crypto wallet provider Exodus has introduced XO Cash, a Solana-based stablecoin and software toolkit aimed at enabling AI agents to make payments and access services autonomously. The system, developed in partnership with MoonPay, allows developers to create agent-linked wallets with preset spending limits, merchant restrictions, and virtual debit cards tied to Visa payment rails. How […]