Sarah Wynn

BlackRock filed with the Securities and Exchange Commission for the iShares Bitcoin Managed Protect ETF on Monday.

OKX Shield will provide customers with no subscription or activation fee up to $100,000 if their accounts are compromised and up to $500,000 for its VIP customers, the firm said on Tuesday.

Some Wall Street institutions also had thoughts on the SEC's newly released innovation exemption.

Other agencies have been working on implementing their parts of the Guiding and Establishing National Innovation for U.S. Stablecoins, or GENIUS into law since Trump signed it into law last year.

On Wednesday, the Treasury Department's Office of the Comptroller of the Currency published its final rule, implementing the GENIUS stablecoin act passed into law last year.

The letter was sent to Senate Majority Leader John Thune, Senate Minority Leader Chuck Schumer, Speaker of the House Mike Johnson and House Minority Leader Hakeem Jeffries.

In Blumenthal's latest letter, he asked Tether to provide records involving the stablecoin issuer's business dealings with Nxum as well as with Bo Hines.

The CFTC and NBA signed a memorandum of understanding to share information and open lines of communication about maintaining prediction markets while preserving integrity.

The CFTC filed a lawsuit in the U.S. District Court for the District of Utah, Central Division, against the state and its Attorney General Derek Brown.

Sources who spoke with The Block said they expect the legislative dynamics to change for crypto, as polls show that Democrats have a high likelihood of taking back Congress.