Circle projects $438 million in revenue from its USDC stablecoin reserves for this year and $2.2 billion in 2023.
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Paraguay Senators Reject President’s Bitcoin Mining Law Veto
Paraguayan lawmakers this week rejected the president’s veto of a major Bitcoin mining regulation bill. A total of 33 senators on Wednesday voted to reject President Mario Abdo Benitez’s decision to veto the bill, which […]
SEC Chair Gary Gensler Backs Giving CFTC Bitcoin Oversight
At an industry conference today, Securities and Exchange Commission (SEC) chief Gary Gensler said that he supports handing the Commodity Futures Trading Commission (CFTC) the power to “oversee and regulate crypto nonsecurity tokens and related […]
Sam Bankman-Fried Buys 7.6% Stake in Robinhood
News of the purchase sent Robinhood shares up 30%, hours after the stock hit an all-time-low.
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