The Congressional Research Service provided an overview of the controversy over cryptocurrency exchanges paying interest on stablecoins, a practice supported by the crypto industry but criticized by the banking industry.
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FINRA provided its members with a limited, temporary exception for reporting certain qualifying overnight transactions executed before 8:00 a.m. Eastern Time.
At an address before the Futures Industry Association, CFTC Chair Michael S. Selig described plans to "'future-proof' derivatives markets" by reducing regulatory burdens, embracing digital asset innovation, and defending prediction markets.
The Treasury Department informed Congress and the financial industry that integrating innovative technologies is essential to combat illicit finance, establish regulatory clarity, and mitigate digital asset vulnerabilities.
President Trump issued an Executive Order aimed at dismantling Transnational Criminal Organizations responsible for cybercrime, financial fraud, and predatory schemes targeting Americans.