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Senior House Republican: Biden administration holding up stablecoin bill

Senior House Republican: Biden administration holding up stablecoin bill

“I’m optimistic that we can still get something done this Congress. It’s up to the administration to come to the reality of votes on the Hill,” McHenry said.

The post Senior House Republican: Biden administration holding up stablecoin bill appeared first on The Block.

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McHenry hopeful that ‘ugly baby’ stablecoin bill will advance

Rep. Patrick McHenry said he’s hopeful stablecoin regulation will advance out of the House Financial Services Committee in the next year.

The post McHenry hopeful that ‘ugly baby’ stablecoin bill will advance appeared first on The Block.

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Binance joint venture partners allege inaccurate UK filings: FT

Financial statements for one of Binance UK’s subsidiaries are “grossly inaccurate,” the directors of Dimplx say.

The post Binance joint venture partners allege inaccurate UK filings: FT appeared first on The Block.

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Congressional lawmakers pose questions on crypto mining to Texas power authority

Democratic lawmakers sent a letter to Texas’ power authority requesting more information into the state’s dealings with crypto mining.

The post Congressional lawmakers pose questions on crypto mining to Texas power authority appeared first on The Block.

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SEC’s Hester Peirce voices support for new crypto laws in Congress citing agency focus on enforcement

Hester Peirce wants to see new law to regulate crypto, following disappointment with the SEC under Gensler.

The post SEC’s Hester Peirce voices support for new crypto laws in Congress citing agency focus on enforcement appeared first on The Block.

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Fed governor in charge of financial oversight warns banks about crypto

The Fed’s top financial rulemaker warned banks that digital assets could present “novel risks” to their stability.

The post Fed governor in charge of financial oversight warns banks about crypto appeared first on The Block.

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Crypto custodial firm Copper raises $196 million in Series C round

The crypto custody firm based out of London, Copper, raised $196 million from a convertible note loan and an ongoing series c funding round.

The post Crypto custodial firm Copper raises $196 million in Series C round appeared first on The Block.

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Aptos CEO’s motion to dismiss $1 billion Glazer lawsuit denied by court

The dispute comes as Aptos gears up to launch its blockchain mainnet.

The post Aptos CEO’s motion to dismiss $1 billion Glazer lawsuit denied by court appeared first on The Block.

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What We Know About The $100M+ Mango Markets Exploit

Quick Take

  • Decentralize trading protocol Mango Markets was hit with a 9-figure exploit on Tuesday night
  • The Block Research takes a retrospective look at the events surrounding the exploit
  • Disclaimer: This is a market commentary research piece and includes opinionated views from our research team. Nothing contained in this piece constitutes a solicitation, recommendation, endorsement, or offer by The Block Research

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Coin Center sues Treasury over Tornado Cash sanctions

The group and other plaintiffs sued Treasury, arguing that the sanctions, “exceeded their statutory authority because Tornado Cash is used to complete functions that do not include ‘any property in which any foreign country or a national thereof has any interest.’”

The post Coin Center sues Treasury over Tornado Cash sanctions appeared first on The Block.

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