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The US House of Representatives on Monday passed legislation that will provide long-awaited legal clarity on how crypto assets are classified, registered and custody. The bill, titled the Financial Innovation and Technology…

The US House of Representatives approved the FIT21 bill by a vote of 279 to 136, advancing it to the Senate. This initial approval of the Financial Innovation and Technology for the 21st Century (FIT21) Act could significantly impact the…

Today, the Executive Office of United States President Joe Biden issued an Administration Policy Statement on legislation HR 4762 – the Financial Innovation and Technology Act 21 (FIT 21), which aims to create clear guidelines for digital…

Oklahoma passed a bill to protect residents' rights to self-custodial digital assets, including cryptocurrencies, effective November 1. The legislation is known as OKHB3594It was signed into law by Gov. Kevin Stitt and supported by…

The US Securities and Exchange Commission (SEC) has faced another embarrassing setback, issuing an anti-cryptocurrency bill Proposal By the regulator it was completely closed before United States Senate. Stuart Alderotti,…

Moments ago, the Senate passed HJRes legislation. 109 would repeal the SEC's Staff Accounting Bulletin (SAB) No. 121, preventing highly regulated financial companies from sponsoring Bitcoin and other cryptocurrencies. The legislation…

The US Senate passed a resolution on Tuesday to overturn a de facto ban preventing banks in the country from offering cryptocurrency custody services. The vote sparked cautious optimism from Bitcoin's most ardent…

When it comes to hedge fund managers, Bill Ackman is in a class by himself. He etched his name in Wall Street history by bucking hedge fund norms, acquiring large stakes in a few companies, and holding them for the long term. Furthermore,…

Republican-led efforts to free up US banks to offer cryptocurrency custody services have been shut down by the Democratic-led White House. On Wednesday, the House discussed and prepared to vote on House Resolution 109 (HJ…

By Mike StoneWashington (Reuters) - Lockheed Martin Corp (NYSE:) and RTX Corp, which have seen a new wave of orders in response to Russian aggression in Ukraine and the war in Gaza, will benefit from $95 billion in mostly new…