The proposed stablecoin, the Satoshi Nakamoto Dollar, aims to be entirely free from any movements of the U.S. dollar, which require banking services.

Jimmy Fallon wants out of the BAYC trademark case, while Blur is responsible for the NFT market’s three-month high.

The demise of the crypto-friendly bank has prompted discussion about who tipped the first domino, and where crypto firms can turn for their banking needs.

Sam Bankman-Fried’s lawyers said they’re still waiting on evidence from federal prosecutors and may need more time to prepare a defense.

The Biden administration reportedly wants to apply the wash sale rule to crypto, which would end a strategy in which a trader sells and then immediately buys digital assets for tax purposes.

In the tug-of-war between the United States regulators over control of crypto assets, the Commodity Futures Trading Commission chair has tripled-down on his stance that Ether and stablecoins are commodities.

Co-founder Pablo Renato Rodriguez and three senior promoters all recently pled guilty to the charges, while the other founder pleaded guilty in October 2021.

The decision to end its loan facilities with Silvergate Bank follows a shift in Marathon’s long-term financial strategy to build liquidity.

The CEO and chairman of the United Kingdom’s financial regulator took a grim tone as they discussed crypto regulation but conceded that they’re the ones who have to do it.

The company claimed that the bank’s voluntary liquidation is its best path forward due to recent industry and regulatory developments.