US Senate votes to overturn SEC rule, allowing regulated firms to hold Bitcoin
60-38 in the Senate voted in favour of overturning the SEC rule. Bipartisan support signals a potential shift in crypto regulation. Presidential veto possible. In a landmark decision, the US…
Two Senate Democrats pressure the SEC to block crypto ETPs
Senators Reed and Butler urge the SEC to halt crypto ETPs, citing risks to investors. Coinbase’s Grewal has countered the senators highlighting Ethereum’s liquidity and market metrics. Recently, Patient Capital…
US Senate introduces bill seeking to regulate DeFi like traditional banks
The bill aims at ensuring DeFi protocol operating in the US imposes strict controls on their users. The controls proposed in the bill resemble those that apply to traditional banks.…