U.S. Bitcoin Reserve update coming in 'next few weeks," White House adviser says
White House digital-assets adviser Patrick Witt cited a recent exploit involving assets held by the U.S. Marshals as proof federal crypto holdings need safeguarding....
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White House targets July 4 for Clarity Act passage, says crypto adviser Patrick Witt
The executive director of the President's Council of Advisors for Digital Assets said the Senate Banking Committee hearing will happen this month on market structure. bill....
Dominance of Tether and Circle is a net bad for stablecoins, says Bridge executive
Tether and Circle's dominance stifles stablecoin innovation and competition, according to Bridge's Ben O'Neill. Their fee structures and design choices don't serve all use cases optimally. O'Neill advocates for specialized stablecoins tailored to specific applications and efficient cross-stablecoin clearing systems. More competition could prevent fee increases and make stablecoins function better as money for payments companies and broader adoption.
Spot Bitcoin ETFs solved access, but custody, advisors and plumbing still lag, panelists say
Senior figures from CoinShares, Calamos, ProShares and Flow Traders flagged Coinbase-heavy custody concentration, modest advisor uptake and creation-flow inefficiency as being among the next set of problems to solve....