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AI hallucinations news moved from courtroom embarrassment to career consequence as the Nebraska Supreme Court ruled to suspend Omaha attorney Greg Lake until further notice, after a court brief he submitted in a divorce appeal contained 57 defective citations out…
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A bipartisan effort to bridge the divide between Wall Street and the digital asset industry could see a breakthrough as early as this week. Politico reports that Senator Thom Tillis (R-N.C.) is preparing to unveil a draft agreement aimed at…
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The Digital Asset Market Clarity Act is gaining fresh momentum in the U.S. Senate as negotiators work to solidify a bipartisan compromise on stablecoin regulations. Patrick Witt, the executive director of the President’s Council of Advisors for Digital Assets, told…
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The Japanese government passed an amendment to the Financial Instruments and Exchange Act on Friday, officially reclassifying crypto assets as financial instruments. According to a report by Nikkei, the new legislation introduces a ban on insider trading and prohibits any…
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The U.S. Treasury Department has laid out a fresh set of expectations for stablecoin issuers, focusing on how firms must address illicit finance risks under the GENIUS Act. In a notice issued Wednesday, the department confirmed that its Financial Crimes…
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Alabama has become the second state in the United States to grant legal status to decentralized autonomous organizations under the Decentralized Unincorporated Nonprofit Association Act. The DUNA Act, introduced in February by Republican Senator Lance Bell, provides legal recognition and…
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The U.S. Treasury has proposed its first set of rules to implement the GENIUS Act and has opened a 60-day public comment period to define how stablecoin oversight can be handled at the state level. Under the proposal, issuers with…
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Texas Senate Lieutenant Governor and President Dan Patrick has added a study of prediction markets, crypto, and blockchain to its priorities for the state’s next legislative session. According to a Friday announcement, Patrick has said the interim charges are intended…
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Australia’s Senate Economics Legislation Committee is considering a new bill that would require crypto exchanges and tokenization platforms to operate in accordance with the country’s existing financial services regime. Australian regulators are pushing for the passage of the Corporations Amendment…
Markets
The crypto market pulled back on Friday following a strong rebound on Thursday. After rallying nearly 5.5% over the past day, the global crypto market capitalization once again retracted, dropping 2% to $2.48 trillion on Friday, March 6. Bitcoin (BTC)…
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The U.S. Senate Agriculture Committee voted 12–11 on Thursday, Jan 29 to advance its version of the CLARITY Act, pushing a major crypto market structure bill one step further through Congress. The Digital Commodity Intermediaries Act cleared the committee along…
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South Dakota lawmakers are once again weighing whether Bitcoin should play a role in managing public funds. On Jan. 27, State Representative Logan Manhart reintroduced a bill that would allow South Dakota to invest a portion of its state-managed funds…
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A senior U.S. senator is urging banking regulators to halt review of a crypto firm’s bank charter, citing unresolved conflicts tied to President Trump. A dispute over crypto regulation and presidential business ties is now moving directly into the banking…
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Momentum behind U.S. crypto reform stalled again this week, as lawmakers quietly stepped back from a long-anticipated vote. The path to U.S. crypto regulation is stretching longer than many in Washington expected. The Senate Agriculture Committee Chair John Boozman confirmed…
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Turkmenistan has legalized cryptocurrency mining and trading after a new law came into effect on Jan. 1. The landlocked Central Asian nation, which holds roughly 10% of the global natural gas reserves, is looking to expand beyond its heavy reliance…
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The U.S. House of Representatives is preparing to retry a key procedural vote on Wednesday, July 16, that would allow floor debate on a trio of major cryptocurrency bills, after GOP hardliners derailed the effort on Tuesday. As reported by…