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US House Financial Services Chairman Patrick McHenry, House Digital Assets Subcommittee Chairman French Hill, and other lawmakers said that the US Consumer Financial Protection Bureau (CFPB) should reopen for comments on its proposed regulation of digital app providers. Last November, the CFPB proposed regulations related to non-bank digital wallet and

Terraform Labs recently filed for bankruptcy protection in a U.S. court, giving the company a do-or-die appeal to the U.S. Securities and Exchange Commission (SEC), Reuters reports. Currently, Terraform Labs reportedly holds $28 million worth of bitcoin, $7 million worth of other cryptocurrencies, and $87 million worth of

The US Securities and Exchange Commission (SEC) is set to drop its case against cryptocurrency project Debt Box, which was accused of being wrongly prosecuted, according to Cointelegraph. The SEC filed a complaint in July alleging that "the company plans to sell node licenses, an unregistered security, beginning in

Bitcoin is on track to end January with a fifth straight month of gains, Bloomberg reports. That would be the longest streak of gains since a six-month run from October 2020 to March 2021. "Market sentiment has turned positive as capital outflows from the grayscale GBTC have slowed,"

Nexon, South Korea's largest gaming company, has confirmed that it is reconsidering its relationship with Polygon. The company has been working with Polygon for more than a year, but as game development has been slow, it is understood that the company is even considering a precipitation that changes

MagicEden's NFT marketplace has launched a multi-chain wallet supporting the Solana, Bitcoin, Polygon and Ethereum blockchains. The platform will launch a beta version for early testers in November 2023, and on Friday announced plans for general availability. Developed in partnership with Exodus, it allows users to maintain control