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On May 21, Congressman Tom Emmer reintroduced the Blockchain Regulatory Certainty Act (BRCA), a bipartisan bill co-led with Congressman Ritchie Torres. The bills core principle stipulates that if crypto developers and service providers do not hold custody of consumer funds, they shouldnt be classified as money transmitters under current regulations. The clarification aims to provide
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Around 25,400 Bitcoin options contracts will expire on Friday, May 23, and they have a notional value of roughly $2.8 billion. This weeks event is pretty much identical to last weeks, as derivatives crypto trading has stabilized. Spot markets have seen solid growth with Bitcoin notching a new peak on Thursday above $111,000 for the
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Americas biggest banks, including JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and others, are in early discussions about creating a joint stablecoin to compete with the crypto industry, according to the Wall Street Journal, citing people familiar with the matter, on May 22. The conversations reportedly involve bank-owned payment companies like Zelle operator Early
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Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Japans government-bond complex, once the benchmark for low-yield stability, is cracking under the weight of its own arithmeticand the fissures are sending tremors straight into the global debate
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