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US Congress members urge financial authorities to invalidate SEC’s SAB 121

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In a memo, Congress members state that Federal banking agencies should not require financial institutions providing custody services for digital assets to maintain capital against the assets.

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Coin Market

Ethereum faces core development funding crisis, former contributor warns

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The warning comes as the Ethereum Foundation reduces spending, adjusts its treasury strategy and undergoes a wave of leadership departures.

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Coin Market

Binance can serve Philippine traders under SEC framework, BlockShoals says

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The exchange’s Philippine return relies on an SEC sandbox arrangement that BlockShoals says permits trading access without a local VASP license.

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Coin Market

Bitcoin tipped for Q3 ‘macro bottom’ near $50K as major liquidity grab looms

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Bitcoin market participants may be left in “complete disbelief” as the market reverses from a liquidity grab without another major leg lower, a trader predicted.

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