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Fed chair calls for Congress to move on crypto ’regulatory apparatus’

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Jerome Powell said that banks were “perfectly able to serve crypto customers“ and suggested that lawmakers should act to address the potential risks to households.

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Coin Market

South Dakota lawmakers effectively kill proposed Bitcoin bill

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The House bill, which proposed allowing the US state to invest in Bitcoin, was deferred until after the legislative session ended.

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Coin Market

OKX pleads guilty, pays $505M in penalties to settle DOJ charges

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OKX’s Aux Cayes FinTech Co. Ltd agreed to pay over $500 million worth of fines for operating an unlicensed money-transmitting business.

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Ethereum’s favorable risk-return ratio has traders ‘insanely bullish’ on ETH price

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One altcoin trader says Ethereum’s long-term chart looks “insanely bullish” with a very favorable risk-reward ratio.

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