Crypto News

The U.S. Senate has never been closer to approving a major piece of crypto legislation as it mulls the stablecoin-regulation bill, but some Democrats are insisting that the final debate needs to address the accused conflicts of President Donald Trump.Proponents of the U.S. stablecoin legislation were hoping to cap off their effort in a single week, but debate will continue into a second week of floor action on the bill to set oversight of the dollar-based tokens at the heart of digital assets trading.Part of that debate will be a push from a prominent faction of Democrats, including Senators Elizabeth Warren and Chris Murphy, to amend the legislation to directly ban the president and other senior government officials (including members...

This content is provided by a sponsor. PRESS RELEASE. Singapore, May 26, 2025 – HTX, a leading global cryptocurrency exchange celebrated its Community’s three-year anniversary on May 20, 2025, marking a landmark of the innovative, energetic hub. This May, amidst the broader excitement surrounding Bitcoin Pizza Day and the TRUMP dinner, the crypto industry hasSource link

Caladan has announced a NYC office as Trump-era crypto reforms continue to draw back firms while signaling a shift in U.S. policy.Source link

Pakistan has committed 2,000 megawatts of electricity to bitcoin mining and artificial intelligence data centers, the country’s finance ministry said.The committed energy is being directed from coal-fired power plants that are currently running at 15% capacity, Bloomberg reports, in an initiative spearheaded by the Pakistan Crypto Council.By tapping surplus energy, the government hopes to turn a liability into an asset. Officials say the plan will create tech-related jobs and help attract overseas capital as the country works to stabilize its fragile economy, which came close to default in 2023.Pakistan is also laying the groundwork for a regulatory framework to support its estimated 15 to 20 million cryptocurrency users.Source link

Altcoins have started to soar as Hyperliquid breaks its all-time high, amid a $1 billion leveraged Bitcoin bet.Source link