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House Republicans release draft bill to establish federal framework for crypto regulation
The House Financial Services and Agriculture Committee leaders published a discussion draft outlining a federal crypto framework to regulate the industry in the US on May 5. House Financial Services C...
JPMorgan Chase Begins Blocking Zelle Payments Originating From Social Media After $206,800,000 Lost to Scams
The biggest bank in the US has begun blocking certain transactions from Zelle after hundreds of millions of dollars in scams were reportedly facilitated through the payments platform. US banking giant...
Ripple commits $25 million in RLUSD stablecoin to boost US education
Ripple has pledged $25 million in its RLUSD stablecoin to support US education through nonprofit organizations DonorsChoose and Teach For America. The contribution, revealed on May 5, aims to support ...
Kraken Catches North Korean Hacker Posing As ‘Steven Smith’ Applying for Job at Crypto Exchange: Report
One of the world’s top crypto exchange platforms has reportedly caught a North Korean hacker with a fake identity to apply for a job at the firm. In a report by CBS News, Nick Percoco – the chief ...
Maldives Signs $9 Billion Deal With Dubai’s MBS Global to Build Blockchain Hub in Malé, Exceeding GDP
The Maldives has signed a $9 billion deal with Dubai-based MBS Global Investments to develop a blockchain and digital assets financial hub in Malé, the capital city...
House Republicans release discussion draft of a bill to regulate the crypto industry at large
House Republicans unveiled a discussion draft of a bill to regulate the digital asset industry, expanding on work done over the years.  ...
Bitcoin and Ethereum lead $2 billion in crypto investment inflows amid market shift
Digital asset investment products recorded $2 billion in inflows last week, bringing year-to-date totals to $5.6 billion, according to CoinShares’ latest market report. According to CoinShares, la...
SEC Crypto Task Force Roundtable to Tackle Tokenization: Posts Agenda for Meeting
Tokenization or digital securities may represent the most significant opportunity for distributed ledger technology and the financial services sector. While largely overshadowed by crypto that exists ...
BlackRock’s Bitcoin exposure rises to over $5 billion as of the end of Q1
BlackRock expanded its exposure to Bitcoin-linked assets in the first quarter of 2025, pushing its total investments to more than $5.4 billion, according to data from Timechainindex. Between the last ...
California’s Hatch Consent Order Suggests States May Be Eyeing BaaS Risks
FinTech sponsor banks have had a difficult 18 months. Tasked with mediating between the speed of the tech world and the caution of the regulatory sphere, many banks powering banking-as-a-service (BaaS...
Newswire > Tag: digital
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