Illinois governor blasts Trump's ‘crypto bros’ in new bill signing
Illinois enacts first-in-Midwest crypto consumer protections, requiring exchange oversight and capping ATM fees at 18%.
New York lawmaker wants to tax crypto sales and transfers
New York Assemblymember Phil Steck introduced a bill that would see the state tax the sale and transfer of crypto assets.
Trump signs order broadening access for alternative assets in 401(k)s
"Bitcoin has moved beyond its early days as a merely speculative asset and is slowly entering into many investors’ long-term investment strategy," said Gerry O'Shea, head of global market insights at Hashdex Asset Management. "This EO will help accelerate this trend."
South Korea’s central bank wants gradual stablecoin rollout
Bank of Korea governor Ryoo Sangdai reportedly said that banks should be the first to issue stablecoins, and they should do so slowly.
Senate Democrat probes Trump's crypto ties in letter to World Liberty Financial
Senate Democrat Richard Blumenthal sent letters to World Liberty Financial and Fight Fight Fight LLC to investigate potential conflicts of interest related to President Donald Trump’s crypto activities.
US crypto rules like 'floor is lava' game without lights — Hester Peirce
SEC Commissioner Hester Peirce says that, like the “floor is lava” game, the goal for SEC registrants in today's uncertain environment is to “never touch any crypto asset.”
‘National emergency’ as Trump’s tariffs dent crypto prices
A crypto investment specialist at crypto asset manager 21Shares told Cointelegraph that while markets experienced significant volatility, the tariff clarity could be a good thing in the long term.
Gov’t can realize gains on gold certificates to buy Bitcoin: Bo Hines
“If it’s budget neutral and doesn’t cost the taxpayer a dime, we’ll see whatever creative ideas we can come up with,” said Hines.
Fed Holds Rates Steady, Cuts Growth Outlook, Raises Inflation Forecast
The U.S. central bank continues to expect the fed funds rate to end 2025 at 3.9%, or roughly two rate cuts by year-end.
U.S. Treasury Secretary Bessent Calls Corrections Normal, Suggesting a Higher Pain Threshold for the 'Trump Put'
Bessent's take suggests that the "Trump put" may take longer to manifest or require more significant market declines before any action is taken.
