by Michael
Key TakeawaysZachXBT named Bitget founder Shawn Liu as the platform’s actual leader, relegating current CEO Gracy Chen to a figurehead role.He also warned of an imminent escalation against the “Chinese CEX cartel” in the near future.Neither Bitget nor Shawn Liu has... 
by Michael
Key TakeawaysHouse Ways and Means Committee convenes bipartisan crypto tax session on May 14, alongside the CLARITY Act vote.PARITY Act would defer staking taxes for up to 5 years and eliminate capital gains on stablecoin payments under $200.Rep. Max Miller expects... 
by Michael
Senate Banking Committee’s 309-page CLARITY Act draft targets a May 14 markup vote.The bill assigns SEC authority over new token sales and CFTC control over all secondary trading.Passage on May 14 would send the CLARITY Act to a full Senate floor vote before end of... 
by Michael
Key TakeawaysCardano CEO Frederik Gregaard stated that blockchain must provide a neutral alternative to politicized global banks.Showing impact, the A7A5 stablecoin moved $93B before the EU banned it in a November 2025 sanctions package.Moving past speculation,... 
by Michael
Key TakeawaysUK Gambling Commission posts £65,000 senior “Head of Illegal Markets” role to combat £16.6bn black market.Acting CEO Sarah Gardner welcomed £26m new government funding over three years for tackling illegal gambling.Tim Miller logged 741 cease-and-desists... 
by Michael
Key TakeawaysDraftkings CEO Jason Robins eyes “top two or three” global market-maker spot via the Railbird exchange.Flutter began market-making for a major third-party prediction platform in April; own platform launches soon.Flutter cut FY 2026 guidance to $18.305B... 
by Michael
Key TakeawaysCrypto.com became the first VASP to receive a CBUAE stored value facilities license on May 11, 2026.The SVF allows Crypto.com to process government fees in dirhams, impacting the UAE’s 100% cashless strategy.Crypto.com will next launch crypto payment... 
by Michael
Key TakeawaysCleanspark posted $136.4M in Q2 FY2026 revenue, a 24.9% year-over-year drop driven by Bitcoin price swings.A $224.1M non-cash Bitcoin fair value loss pushed Cleanspark’s net loss to $378.3M for the March 2026 quarter.CEO Matt Schultz targets AI/HPC... 
by Michael
Key TakeawaysMajor financial firms are widening crypto activity across custody, payments, funds, and tokenization.Regulated ETP access has become the broadest entry point for institutional crypto exposure.Tokenized funds and blockchain settlement tools could expand... 
by Michael
Key TakeawaysStrategy could sell BTC to fund dividends while seeking to preserve confidence in its treasury approach.Preferred securities make liquidity, dividend coverage, and market access more important for investors.Future signals include BTC sales, USD Reserve... 
by Michael
Key TakeawaysDavid Schwartz joined the XRP Ledger Foundation as an honorary board member.Foundation leaders are assigning engineering, operations, and community responsibilities across defined roles.Schwartz will support the Foundation’s technical stewardship as it... 
by Michael
Key TakeawaysSenators face recorded-vote scrutiny tied to the CLARITY Act markup.Stand With Crypto says it represents more than 2.9 million U.S. advocates.Committee action could advance digital asset market structure legislation. Senate Banking Markup Puts CLARITY Act... Translate »
