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A White House-linked official warned that delaying the CLARITY Act could benefit China as US crypto rules remain stalled.
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DoorDash has begun building stablecoin payment infrastructure on Tempo, the Layer-1 blockchain incubated by Stripe and Paradigm, to pay delivery workers and merchants across more than 40 countries at near-instant settlement speeds and fixed US dollar fees, in one of…
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Morgan Stanley Investment Management launched the Stablecoin Reserves Portfolio on April 23, a government money market fund exclusively designed to hold the cash reserves backing stablecoin issuers’ outstanding tokens, positioning the Wall Street giant to capture reserve management business ahead…
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Treasury Secretary Scott Bessent announced on April 24 that the US government has sanctioned multiple crypto wallets linked to Iran’s Islamic Revolutionary Guard Corps under a campaign called Operation Economic Fury, with Tether executing the freeze of $344 million in…
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President Trump announced on April 23 that Israel and Lebanon have agreed to extend their ceasefire by three weeks after a second round of high-level White House talks involving the Israeli and Lebanese ambassadors, Secretary of State Marco Rubio, Vice…
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White House Office of Science and Technology Policy director Michael Kratsios circulated a memo on April 23 accusing Chinese entities of conducting deliberate, industrial-scale campaigns to distil and steal US frontier AI systems, using tens of thousands of proxy accounts…
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Chinese AI startup DeepSeek released a preview of its V4 model on April 24, explicitly optimized for Huawei’s Ascend chip platform, on the same day the White House accused China of running industrial-scale campaigns to copy and steal American frontier…
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Wisconsin has escalated its challenge against prediction market platforms, widening a legal fight already taking shape across several U.S. states over how these products should be classified. Fresh complaints filed in Dane County name Crypto.com and its derivatives arm, Polymarket,…
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The U.S. Treasury has sanctioned Cambodian senator Kok An and a network of 28 entities over alleged ties to a large-scale crypto scam and trafficking-linked operation. The U.S. Department of the Treasury said Thursday that its Office of Foreign Assets…
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U.S. authorities have frozen more than $701 million in cryptocurrency tied to investment scams targeting Americans as part of an ongoing crackdown. The U.S. Department of Justice said Thursday that the funds were restrained through coordination with crypto exchanges and…
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Acting Attorney General Todd Blanche signed an order on April 23 immediately reclassifying state-licensed medical marijuana and FDA-approved marijuana products from Schedule I to Schedule III, marking the most significant federal drug policy shift in more than 50 years, as…
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Senator Bernie Moreno declared at a Washington event on April 22 that the CLARITY Act must clear Congress by the end of May, stating plainly that missing that deadline could shelve the legislation indefinitely as midterm election politics consume the…
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US Labor Secretary Lori Chavez-DeRemer has resigned from the Trump administration amid an active inspector general investigation into misconduct allegations, making her the third cabinet member to depart during the president’s second term. Lori Chavez-DeRemer stepped down as US Secretary…
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Shares of American Bitcoin, the Trump family-linked mining company, surged approximately 12% on April 22 after the firm announced it had completed the deployment of 11,298 new ASIC miners at its Drumheller, Alberta site, expanding its active fleet to roughly…
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Two CIA officers were killed in a car crash in the Mexican state of Chihuahua on April 20 while returning from a counternarcotics operation to destroy a clandestine drug lab, igniting a sovereignty dispute between Washington and Mexico City. Two…
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Iran’s Revolutionary Guard seized two container ships in the Strait of Hormuz on April 22, hours after President Trump extended the ceasefire with Tehran indefinitely, while confirming the US naval blockade of Iranian ports would remain in place. Iran’s Islamic…