Washington | Crypto

Alan Lane’s new Silvergate account raises a question for crypto trust banks: how much protection survives a change in supervisors? The post Does becoming a federal bank protect crypto from Washington—or give Washington more control? appeared first on CryptoSlate.

Revolut filed with the OCC and FDIC on March 4 to establish Revolut Bank US, an insured national bank that would take deposits, issue credit cards, make loans, and connect directly to Fedwire and ACH. Nearly six months later, that application remains pending, while federal regulators have spent the same stretch conditionally approving or converting […] The post Revolut hit by Washington crypto boom illusion, exposing massive two-tier banking system appeared first on CryptoSlate.

Foreign investors sent a net $133.5 billion into US financial markets in June. During the same month, they sold $29 billion of Treasury bills. Those numbers describe two different tides in the same month. Most of the incoming money went into US stocks, while demand for government debt was much weaker. Foreign buyers purchased $181.4 […] The post As foreign investors dump $29 billion in Treasury bills, Washington pivots to stablecoin issuers to back US debt appeared first on CryptoSlate.

Kalshi must implement initial geofencing by Aug. 19 and a GeoComply multi-source geofencing system by Sept. 2. A Washington state judge has ordered prediction market platform Kalshi to stop offering a broad range of event contracts in the state, rejecting its argument that federal commodities law preempts Washington gambling law. King County Superior Court Judge John McHale barred Kalshi from offering contracts tied to sports, elections, politics, entertainment, culture, tech and science, and “mentions.” Contracts involving commodities, climate, economics and finance are exempt. “We’re holding Kalshi accountable for running an illegal gambling operation,” Washington Attorney General Nick Brown said Thursday on X, citing a recent court ruling.  Read more

Tether says KPMG issued an unqualified opinion on Tether International's 2025 financial statements, its first full audit from a Big Four accounting firm. The audited numbers show reserves exceeding liabilities by $6.814 billion as of Dec. 31, 2025. Quarterly reserve attestations confirm a snapshot of assets against liabilities. A full financial-statement audit examines the balance […] The post Tether finally got the audit critics demanded, just as Washington changed the test appeared first on CryptoSlate.

October 6, 2025: Bitcoin breaks above $126,000, carried by the belief that its long migration from internet curiosity to a real financial institution is almost complete. Wall Street has ETFs, public companies are raising billions to buy coins, and the White House wants the US to become the world’s crypto capital. After years of regulatory […] The post Washington gave crypto every legal win it begged for then lost the market anyway appeared first on CryptoSlate.

The United States joined Japan’s effort to support the yen after preliminary central-bank data indicated Tokyo may have deployed almost $96 billion over two days, putting Bitcoin traders on alert for a possible unwind of positions financed with cheap Japanese capital. On Aug. 3, Japan’s Ministry of Finance confirmed that it purchased yen in coordination […] The post Why Bitcoiners should care that Washington joined a $96B yen rescue to shield over $1 trillion in US Treasuries appeared first on CryptoSlate.

Senate negotiations over the landmark CLARITY Act are producing fresh concessions, but little evidence that the parties are moving closer to a deal. Democrats are moving on regulatory appointments and ethics, while law-enforcement groups have proposed new language for one of the CLARITY Act’s most contentious provisions. The White House and crypto advocates, however, have […] The post A secret 11th-hour CLARITY proposal to protect crypto coders was just ripped apart by both sides of Washington appeared first on CryptoSlate.

Trump's twin quantum computing executive orders set a 2030–2031 PQC migration deadline and name "harvest now, decrypt later" as an active threat. Here's what it means for Bitcoin's price and protocol roadmap. The post Trump, Crypto, and His Quantum Computer Executive Orders: Washington’s and Bitcoin’s Security Perspectives appeared first on Cryptonews.

The Bank of Japan raised its benchmark interest rate to 1% on June 16, the highest level the country has seen since September 1995 and the furthest point yet in a normalization campaign that has slowly dismantled three decades of near-free money. Going into the decision, the track record pointed one way: every one of […] The post Bitcoin shrugged off Japan’s rate hike – The bigger liquidity test came from Washington appeared first on CryptoSlate.

[PRESS RELEASE – New York, USA, May 15th, 2026] E Estate Group Inc. announced that it will host E-Estate 1 Year Live: Washington DC Summit on June 13, 2026, bringing together company leadership, agents, buyers, strategic partners, and guests interested in the future of blockchain-based real estate ownership. The summit will take place at The […]

A prominent figure from the Washington foreign-policy establishment has said openly what markets have been pricing in fragments: the United States has likely suffered a strategic defeat in Iran, and the failure runs through the Strait of Hormuz. Accepting this premise would introduce a new macro risk for Bitcoin. The warning comes from an article […] The post Washington insider warns US defeat in Iran now “likely” – adding a new macro risk for Bitcoin appeared first on CryptoSlate.

A recent American Bankers Association (ABA) ad running across Washington shows a clear edge in a campaign that has been running for months. The ad reads: “Protect local lending while embracing innovation. Tell Senators to close the stablecoin loophole.” ABA's advertising archive documents Politico Morning Money placements during the week of Mar. 9, urging senators […] The post Banks fund crypto attack ads across Washington as over 3,000 banks unite to stop Clarity Act passing Senate appeared first on CryptoSlate.

The federal government is preparing to redraw the boundaries of America's retirement accounts. The US Department of Labor has proposed a new rule clarifying how 401(k) fiduciaries (the employer committees legally responsible for plan investment decisions) should evaluate so-called “alternative” assets, including private equity, private credit, and…digital assets. The proposal came directly out of an […] The post Wall Street sees a $10 trillion opening as Washington rewrites 401(k) rules appeared first on CryptoSlate.

On Apr. 2, Coinbase received conditional approval from the Office of the Comptroller of the Currency for a national trust charter. Coinbase joined a cluster of at least eight firms that the OCC has moved toward federal trust-charter status since December 2025, and the cluster reveals a deliberate federal decision about which parts of crypto […] The post Washington has started selecting which crypto firms control custody at a national level appeared first on CryptoSlate.

America holds roughly 38% of global Bitcoin mining capacity, and the specialized hardware powering that position comes overwhelmingly from Chinese manufacturers. Senators Bill Cassidy and Cynthia Lummis introduced the Mined in America Act on Mar. 30 to address that gap, proposing certification, domestic manufacturing support, and the codification of President Donald Trump's Strategic Bitcoin Reserve […] The post Washington moves to cut China out of the machines powering US Bitcoin mining appeared first on CryptoSlate.

The Washington attorney general became the latest state authority to sue Kalshi, alleging on Friday that the prediction markets operator violated state regulations. Kalshi is facing another state-level lawsuit after the state of Washington on Friday filed allegations that the prediction market operator violated state gambling laws with its products. The Washington Attorney General’s complaint cites the Pacific Northwest state’s existing ban on online gambling and otherwise strict oversight of the gaming market, in claiming Kalshi violated the Washington Consumer Protection Act, Gambling Act, and Recovery of Money Lost at Gambling Act. "Kalshi’s website and app show consumers a range of events that they can bet on and the odds for those various events, which dictate how much the bettor will be paid out if the event occurs," an announcement from Attorney General Nick Brown said. "This is exactly how sportsbooks and other gambling operations function. Kalshi advertises that they allow consumers to 'bet on anythi...

On Mar. 24, the Commodity Futures Trading Commission (CFTC) launched its Innovation Task Force, tasked with developing frameworks for crypto assets, blockchain technologies, AI systems, and prediction markets. Alongside everything else Washington has done in the past three months, it reads as the moment when a provisional, enforcement-heavy posture toward crypto began to harden into […] The post Why a quiet but important power shift is happening in Washington around crypto appeared first on CryptoSlate.

Citigroup cuts Bitcoin and Ethereum targets as slower US policy timeline trims the upside case Citigroup has cut its 12-month targets for Bitcoin and Ethereum, lowering its Bitcoin forecast to $112,000 from $143,000 and its Ethereum forecast to $3,175 from $4,304. The March 17 revision marks a sharp step down from the bank’s December view […] The post Citi slashes Bitcoin target by $31,000 despite rising prices as Washington delays stall crypto breakout appeared first on CryptoSlate.

Polymarket and Kalshi are trying to raise money at valuations that put them in the top tier of consumer-fintech names, even as Washington moves closer to writing new rules for the product they sell. Both companies are reportedly in early fundraising talks that could value each at around $20 billion. That fundraising chatter is taking […] The post $700M in Iran war bets and $1.2M in suspicious profits push Washington toward prediction-market crackdown appeared first on CryptoSlate.