Binance in Talks With DOJ Over Potential End to Compliance Monitor
Binance is reportedly negotiating with the U.S. Department of Justice (DOJ) to ease conditions from its 2023 settlement, specifically the requirement for oversight by an independent compliance monitor. If successful, this could significantly reduce the regulatory pressure the exchange has faced over the past two years. Citing sources close to the matter, Bloomberg reported that […]
US Lawmakers Hold Talks with Crypto Leaders on Bitcoin Reserve and Market Structure Legislation
This week, members of Congress sat down with executives from the cryptocurrency sector to discuss two major policy initiatives: the creation of a strategic Bitcoin reserve and new frameworks for digital asset market structure. On Tuesday, Alaska Representative Nick Begich and Ohio Senator Bernie Moreno joined a roundtable meeting with prominent figures in the industry, […]
Fed Cuts Rates by 25bps as Bitcoin Hovers Above $115K
Bitcoin is attempting to stabilize above the $115,000 mark after the U.S. Federal Reserve delivered a quarter-point interest rate cut, setting the federal funds rate between 4.0% and 4.25%. The immediate reaction across crypto markets has been subdued, with investors digesting the central bank’s more cautious outlook. BTC briefly dipped under $115,000 before recovering, with […]