Stablecoin issuers and third-party platforms that pay interest to stablecoin holders are creating an “undesirable” parallel banking system, says JPMorgan financial chief Jeremy Barnum. Barnum told investors during the bank’s fourth-quarter earnings call on Tuesday that its advocacy to ban all yield payments on stablecoins is “in the spirit of… Listen ⇢

Authorities are pursuing an aggressive cleanup as the kazakhstan crypto market evolves under tighter financial oversight and ambitious regulatory reforms. Over 1,100 unlicensed crypto platforms blocked in Kazakhstan The Financial Monitoring Agency of Kazakhstan (AFM) has blocked access to more than 1,100 unlicensed online crypto exchangers in the past year.… Listen ⇢

In brief Bitcoin advocacy groups sent a letter to congressional tax leaders urging the extension of de minimis exemptions to Bitcoin and major network tokens beyond stablecoins. The coalition proposed cash-like treatment for GENIUS-compliant stablecoins alongside a $25 billion market cap threshold for qualifying network tokens. The letter cited growing… Listen ⇢

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As the Senate Banking Committee prepares for the markup of the anticipated crypto market structure bill, known as the CLARITY Act, an updated draft has been released following extensive negotiations.  This new version aims to provide a… Listen ⇢

Corporate digital asset treasuries (DATs) added a net 260,000 Bitcoin to their balance sheets over the past six months, far outpacing the estimated 82,000 coins mined over the same period.  Over the past six months, Bitcoin (BTC) treasuries held by public and private companies have increased from approximately 854,000 BTC… Listen ⇢

Backed by a major crypto exchange, the latest kraken spac move aims to capitalize on investor appetite for digital asset listings. Details of the KRAKacquisition Corp offering KRAKacquisition Corp., a new special purpose acquisition company sponsored by an affiliate of Kraken, has filed for a $250 million initial public offering.… Listen ⇢

The Senate Committee on Agriculture, Nutrition and Forestry has set Jan. 27 for its markup hearing for its crypto market structure bill, which is touted to bring “clarity and certainty” to the market.  In an announcement on Monday, the committee — which oversees the Commodities Futures Trading Commission —  confirmed… Listen ⇢

Monero continues to dominate headlines as its price surge pushes the privacy-focused cryptocurrency into uncharted territory. XMR formed a new all-time high at $690 during an intraday rally, extending a historic streak.  However, signs of overheating are emerging as momentum-driven gains accelerate faster than underlying fundamentals. Sponsored Monero FOMO Is… Listen ⇢

Retail traders spooked by the massive crypto liquidation event in October fled back to major cryptocurrencies as their hopes for an altcoin season were dashed, according to Wintermute. Since around 2022, retail traders have been net sellers of majors such as Bitcoin (BTC) and Ether (ETH), preferring altcoins instead, but… Listen ⇢