South Korean lawmakers are urging the government to prioritize approval of a regulatory framework for stablecoins, as disputes between the Bank of Korea and the Financial Services Commission have delayed progress. Rep. Kim Sang-hoon, chairman of the Special Committee on Digital Assets, publicly

Excess reserves as safeguard Proof-of-reserves as baseline expectation Gate has released its latest reserve report, offering a detailed snapshot of platform asset backing and reinforcing the growing industry emphasis on transparency and verifiable solvency As of March 16, 2026, the platform rep

In brief Sen. Chris Murphy (D-CT) and Rep. Greg Casar (D-TX) introduced the BETS OFF Act on Tuesday, a bill that seeks to outlaw prediction markets focused on war and other specific topics. Under the legislation, wagers associated with pre-determined outcomes like the Super Bowl halftime

Rep. French Hill says the CLARITY Act may address key stablecoin regulatory issues in Congress. The GENIUS Act set an early framework defining dollar-backed stablecoins as blockchain payment tools. Banks warn proposed rules could favor crypto firms, while Treasury may address yield

Protect Progress plans to spend $1.5 million on efforts to oppose Rep. Al Green in Texas. The cryptocurrency industry remains a significant investor in political campaigns in the U.S. Christian Menefee supports blockchain innovation and could benefit from pro-crypto funding. The pro-crypto polit

Crypto-backed political action committees are investing heavily in competitive U.S. midterm primaries to influence the House's stance on digital asset policies. Super PAC Protect Progress plans to spend $1.5 million against Rep. Al Green, who opposes crypto legislation, and supports strict SEC guidelines.

Treasury Secretary Scott Bessent defended the government's stance on Bitcoin during a tense hearing, stating he cannot direct banks to buy it and dodging questions about taxpayer funds for crypto investment. He clashed with Rep. Meeks over the Trump family’s crypto business.

In brief Official Trump (TRUMP) meme coin now trades above $4 with a $991 million market cap, making it the sixth-largest meme coin. The Trump family has generated over $1 billion in profits from crypto ventures, including TRUMP, World Liberty Financial, and the MELANIA token. Rep.

In brief House Democrats skewered the SEC over its handling of crypto cases. The development came as a crypto market structure bill appeared to derail. They devoted plenty of ink to Tron founder Justin Sun and his ties to China. Rep. Maxine Waters (D-CA), the top Democrat on the U.S. Hou

In brief Rep. Torres proposed the Public Integrity in Financial Prediction Markets Act to keep federal officials off prediction markets. The bill follows controversy over a Polymarket trader winning a bet on Venezuelan President Nicolás Maduro's removal, placed mere hours before his