CFTC Chairman Mike Selig says the rescission of its “no-deny” policy means it now has more flexibility when settling enforcement actions. The US Commodity Futures Trading Commission has rescinded a long-standing policy that prevented it from accepting a lawsuit settlement if the defendant denied the agency’s allegations. The CFTC said on Wednesday that it scrapped...Continue Reading

Wyoming Governor Mark Gordon signed an executive order supporting AI data center development as the state seeks to attract advanced computing and technology investment. Wyoming Governor Mark Gordon has signed an executive order establishing a framework for developing data centers and advanced computing facilities, underscoring the state’s push to attract AI infrastructure investment as demand...Continue Reading

After expecting billions of dollars worth of crypto holdings to be reported during a voluntary disclosure period, the country’s tax office only saw 58 filers took advantage of the procedure. Israeli taxpayer disclosures of profits from cryptocurrencies have reportedly fallen short of expectations at the Israel Tax Authority after enactment of a policy allowing immunity...Continue Reading

Bitcoin is at risk of a drop below $65,000, but buyers are expected to mount a strong defense as the price nears the crucial $60,000 level. Key points: Bitcoin (BTC) is attempting a bounce off the $65,426 level, but the bulls are struggling to hold onto higher levels. The launch of fresh strikes by the...Continue Reading

Reuters reported that Revolut plans to integrate stablecoins into its future US bank as more fintech and crypto companies chase federal banking approvals. Fintech company Revolut plans to offer stablecoins through its future US bank, Reuters reported Wednesday, citing comments from the company’s US CEO, Cetin Duransoy. Duransoy told the news service that customers of...Continue Reading

Scott Bessent said that the Treasury Department was “proceeding with all deliberate speed” on Donald Trump’s 2025 executive order to establish a strategic Bitcoin reserve and digital asset stockpile. US Treasury Secretary Scott Bessent told Senate lawmakers that his department is pushing to establish a strategic Bitcoin reserve and digital asset stockpile more than a...Continue Reading