New York Attorney General Letitia James has sent a letter to US congressional leaders urging “common sense” federal crypto regulations and to keep digital assets out of US pensions. “I am urging Congress to pass legislation that would strengthen federal regulations on the cryptocurrency industry to protect investors, strengthen financial markets, and stop fraud,” James said in a 14-page letter…
Bitcoin could hover in the low $80,000s in the near term if it fails to break through its next resistance level, CryptoQuant says, while other analysts predict the cryptocurrency will hit a fresh all-time high within the next two months. CryptoQuant analysts said in an April 10 markets report that if Bitcoin (BTC) “continues to rally,” it could hit resistance…
Solana-based memecoin Fartcoin (FARTCOIN) has outperformed the broader crypto market so far in April, rising over 104% versus SOL being down 2% for the week. As of April 10, it was trading for as high as $0.87. FARTCOIN/USD vs. TOTAL crypto market cap 30-day performance. Source: TradingView The cryptocurrency’s outperformance appears despite US President Donald Trump’s seesaw tariff announcements that…
New Hampshire’s House and Florida’s House insurance and banking committee have respectively advanced bills allowing their states to create Bitcoin reserves. New Hampshire’s House passed its Bitcoin reserve bill, HB302, in a 192-179 vote on April 10 which will now head to the Senate. The state is now the fourth to pass a Bitcoin (BTC) reserve bill through one chamber,…
Trump just obliterated the IRS’s controversial DeFi reporting mandate, turbocharging crypto innovation and slamming the brakes on overreaching tax surveillance in decentralized finance. Trump Nukes IRS DeFi Rule With Pen Stroke—Crypto’s Future Just Got Rewritten President Donald Trump finalized a significant regulatory rollback Thursday by signing H.J.Res.25 into law at the White House, officially overturning […] Source: https://news.bitcoin.com/massive-win-for-crypto-trump-crushes-irs-rule-threatening-defi-survival/
A tech founder who raised over $40 million pitching a cutting-edge AI shopping app has been charged in the U.S. with fraud after it was revealed the AI powering the app was a call center full of human workers in the Philippines. Albert Saniger, 35, founder and former CEO of “nate,” allegedly misled investors by claiming the company’s e-commerce app…
New Hampshire’s House and Florida’s House insurance and banking committee have respectively advanced bills allowing their states to create Bitcoin reserves. New Hampshire’s House passed its Bitcoin reserve bill, HB302, in a 192-179 vote on April 10 which will now head to the Senate. The state is now the fourth to pass a Bitcoin (BTC) reserve bill through one chamber,…
New York hits Block with a $40 million fine and mandates independent oversight after major compliance failures in Cash App’s bitcoin and fiat transaction monitoring. NY Regulator Unleashes Oversight Blitz on Block After Missed Red Flags and AML Gaps New York State’s Department of Financial Services (DFS) announced on April 10 that Block Inc. will […] Source: https://news.bitcoin.com/block-fined-40m-over-cash-apps-crypto-compliance-failures-and-169k-ignored-alerts/
Ross Ulbricht, the founder of Silk Road, will make his first public appearance since his release from prison earlier this year, speaking at the Bitcoin Conference in Las Vegas from May 27 to 29. The news, announced by Ulbricht on X on April 10, follows a presidential pardon by Donald Trump in January that saw the end of his incarceration. …
In its first 2025 market structure hearing, Congress moved to overhaul securities laws, aiming to rein in SEC overreach and unleash a new era of U.S. crypto innovation. Congressional Hearing Sounds Alarm on SEC Overreach and Crypto Exodus U.S. lawmakers gathered in Washington on April 9 as the Subcommittee on Digital Assets, Financial Technology, and […] Source: https://news.bitcoin.com/us-lawmakers-push-for-crypto-clarity-with-urgent-call-to-overhaul-securities-laws/
