FinCEN’s 2023 proposal to require crypto companies to report transactions that involved mixing is about transparency, not banning mixers, said Brian Nelson, U.S. Treasury undersecretary.
Rep. Patrick McHenry (R-N.C.) vowed the crypto industry won’t have long to wait to get U.S. regulations, now that the U.S. House of Representatives has shown the way.
Ripple has added another $25 million to the coffers of Fairshake, a federal crypto super political action committee (PAC) that’s spending big this election year to support crypto-friendly Congressional candidates.
A rally in meme tokens such as dogecoin and shiba inu is primarily driven by Asian traders in response to bullish sentiment around ether exchange-traded funds (ETFs), one trader said.
The latest price moves in bitcoin (BTC) and crypto markets in context for May 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Israel’s central bank is launching a challenge on the use of a central bank digital currency in payments as part of an “action plan for a possible issuance of the digital shekel.”
