House committee leaders urge Trump to nominate CFTC members, citing CLARITY Act
The US Commodity Futures Trading Commission is currently headed by Chair Michael Selig, with no public statement from Donald Trump about fully staffing the five-member panel of commissioners.
Bitcoin Depot filing casts doubt on company’s future amid lawsuits
The crypto ATM company reported financial difficulties amid a changing regulatory environment and ongoing litigation, which have cost it millions of dollars.
Solayer launches Visa-compatible card for USDC payments
The new card lets users spend USDC balances through online, in-store and contactless transactions while accessing ATM withdrawals in supported regions.
Myanmar’s military government proposes life in prison for crypto scammers
The text of Myanmar’s Anti-Online Fraud Bill said that anyone who was convicted of committing “digital currency fraud” could face from ten years to life in prison, and possibly the death penalty.
Crypto’s CLARITY Act faces partisan fight over ethics on Senate floor
While Senator Tim Scott touted yesterday’s markup as bipartisan, just two Democratic senators supported the bill, and no Democratic amendments were adopted.