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Stablecoin industry opposes Bank of England’s unhosted wallet ban

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The crypto industry in the UK has come out against the Bank of England’s proposed policy that would ban custodial wallets for stablecoins.

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Coin Market

US Senator says crypto market structure vote could happen by August

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Kirsten Gillibrand said that the US Senate had to address lawmakers potentially getting “rich off of these industries because of their insider status“ before any vote on the CLARITY Act.

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Crypto-backed Republican candidate wins Indiana congressional primary

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Representative James Baird won the Republican primary for Indiana’s 4th district on Tuesday after receiving an endorsement from Donald Trump and supportive spending from a crypto-backed PAC.

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Coin Market

Hut 8 investors shrug off Q1 loss, stoke 33% stock surge

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The company also announced a new AI energy leasing deal as it continues to diversify into adjacent high-performance computing applications.

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