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U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody

U.S. Rep. Patrick McHenry (R-N.C.), the chairman of the House Financial Services Committee, and Sen. Cynthia Lummis (R-Wyo.), who has authored crypto legislation,...

SEC Chair Issues Dire Warning For Crypto Exchanges

Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), continues to crack down on the crypto industry. In an investor advisory...

U.S. Treasury Introduces CBDC Working Group, Discusses Potential Routes For Digital Dollar

The Treasury’s statements explore the potential forms and implementations of an American CBDC.The U.S. Department of the Treasury has released comments from Undersecretary...

Coinbase Severs Ties With Silvergate Bank Amidst JPMorgan Downgrade and Delayed SEC Filing – Bitcoin News

On March 2, 2023, the cryptocurrency exchange Coinbase announced that, in light of recent developments, the company is “no longer accepting or initiating...

HSBC, Nationwide Banks Crack Down On Bitcoin And Crypto Access

Two of the U.K.’s largest banks have imposed further restrictions on their customers’ ability to acquire cryptocurrencies.British banks have continued to crack down...

Binance Announces Support For New African Currencies Without Third Parties

Users from Liberia, Sierra Leone and more can now directly utilize their local currencies to buy and sell bitcoin through Binance P2P.Cryptocurrency platform...

Xapo Bank Becomes First Bank To Offer Bitcoin Lightning Payments

Xapo is partnering with Lightspark to allow its customers to send bitcoin near-instantaneously to any vendor who accepts BTC over Lightning.Gibraltar-licensed private bank...

The Big Flip: Interest Rate Expectations Repricing Upward

The Big Flip thesis has been gaining traction in the financial world and describes the market’s misplaced belief in the path of inflation...

Jack Dorsey’s TBD Launches Bitcoin Lightning Provider

Jack Dorsey, CEO at Block, announced a new Bitcoin Lightning Network (LN) service provider called “C=.” According to an official announcement, the new...

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Today’s Top Stories: Yields, Oil, Dell, Robinhood, and Apple’s New CEO Shake Wall Street

TLDR U.S. Treasury yields hit 4.77%, dragging tech...

Ethena Expands USDe into Global Payments with New App

Ethena has launched a global money app built...