Massachusetts city to weigh crypto ATM ban, citing financial risks
Haverhill City Council, following other jurisdictions, is set to consider an ordinance banning crypto ATMs viewed as enabling financial fraud and money laundering. The city council of Haverhill, Massachusetts is set to consider a ban on cryptocurrency ATMs following a proposal for an ordinance introduced on March 17. According to Haverhill City Council’s agenda, the
Chainlink and Anchorage Digital back launch of crypto-aligned PAC
Update (March 30 at 9:25 pm UTC): This article has been updated to include a response from Anchorage Digital in the third paragraph. Seven months ahead of the November midterm elections, Chainlink Labs and Anchorage Digital announced that they were the founding contributors to a political action committee (PAC) “to support candidates working to advance
Strategy pushes pause button on Bitcoin purchases, stock sales
For the first time in 13 weeks, the biggest public Bitcoin treasury company skipped a weekly purchase of the cryptocurrency without any word from Michael Saylor. Strategy reported no Bitcoin (BTC) purchases or stock sales last week, marking its first pause in 13 weeks, according to a Monday filing with the US Securities and Exchange
Major League Baseball inks deals with US regulator, Polymarket
Major League Baseball (MLB) announced that it had signed an “integrity protection” agreement with the US Commodity Futures Trading Commission (CFTC) as it separately inked a deal with prediction markets platform Polymarket. In a Thursday announcement, MLB said that its commissioner, Robert Manfred, signed a memorandum of understanding with CFTC Chair Michael Selig following the
‘We are so close this time‘ — Senator Lummis on market structure bill
Update (March 18 at 6:52 pm UTC): This article has been updated to include a response from Cynthia Lummis beginning in the eighth paragraph. Wyoming Senator Cynthia Lummis, one of the main proponents of a digital asset market structure bill in the US Congress, said that the legislation is getting closer to passage despite “things
Polymarket opens US app to waitlisted users after CFTC green light
Select users in the US will be among the first to access the predictions platform to bet on sports event contracts, following clearance from a financial regulator for a relaunch. Prediction platform Polymarket has begun rolling out its relaunch in the United States, announcing that waitlisted users will be the first to access its US
Taiwan eyes 2026 stablecoin launch as crypto legislation advances: Report
A Taiwan-issued stablecoin pegged to either the country’s dollar or the US dollar may enter the market in the second half of 2026. Taiwan may see its first stablecoin launched as early as the second half of 2026 as lawmakers advance new rules for digital assets, according to one of the country’s financial regulators. According
Group of EU banks pushes for a euro-pegged stablecoin by 2027
The entity formed by 10 banks is working on obtaining regulatory approval from the Dutch Central Bank to launch a stablecoin “in the second half of 2026.” A group of 10 banks plans to introduce a euro-pegged stablecoin in 2026 under an entity authorized by the Dutch Central Bank. In a Tuesday notice, BNP Paribas
Bitcoin shows ‘strong negative correlation’ with USDt activity: Glassnode
A recent analysis shed light on a correlation between the world’s largest cryptocurrency and stablecoin by market capitalization. Blockchain analytics provider Glassnode reported a “strong negative correlation” between Bitcoin and USDt activity over the last two years. In a Wednesday X post, Glassnode shared a comparison between Bitcoin’s (BTC) price and net flows of USDt
Acting CFTC chair seeks CEOs for ‘innovation council,’ citing crypto
The US CFTC opened nominations for a CEO-led advisory group to help shape policy on crypto, prediction markets and other emerging products. Caroline Pham, acting chair of the US Commodity Futures Trading Commission, called for nominations of CEOs to fill seats on a council to discuss policies, including those related to digital assets. In a