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Congressional Roundtable Highlights Urgent Need for Crypto Policy Overhaul


Congress faces mounting pressure to pass landmark crypto legislation as U.S. leadership in digital finance hangs in the balance. Steil Urges Swift Bipartisan Action on Digital Asset Regulation at Congressional Roundtable U.S. Representative Bryan Steil (R-WI) called for immediate bipartisan action...

OpenAI to stay nonprofit, scrap proposed overhaul


ChatGPT-maker OpenAI has abandoned plans to become a for-profit company and reaffirmed commitment to its nonprofit status. In a May 5 blog post, OpenAI confirmed plans to convert its for-profit business unit into a so-called Public Benefit Corporation (PBC), which would remain under...

OpenAI to stay nonprofit, scrap proposed overhaul


ChatGPT-maker OpenAI has abandoned plans to become a for-profit company and reaffirmed commitment to its nonprofit status. In a May 5 blog post, OpenAI confirmed plans to convert its for-profit business unit into a so-called Public Benefit Corporation (PBC), which would remain under...

SEC Commissioners Urge Urgent Overhaul of Crypto Custody Regulations


Crypto custody is poised for a groundbreaking transformation as SEC leaders push for smarter rules, stronger protections, and innovation-driven frameworks to redefine digital asset security for the future. SEC Roundtable Sparks Urgent Calls for Crypto Custody Reform U.S. Securities and Exchange...

New SEC Chair Races to Overhaul Outdated Crypto Rules


The SEC’s new chair is driving a bold shift toward crypto innovation, promising long-overdue regulatory clarity to unlock blockchain transformation. SEC Chair Charts Aggressive New Course for Crypto Regulation at Third Task Force Roundtable U.S. Securities and Exchange Commission (SEC) Chair Paul...

Malaysia Taps Binance Founder for Blockchain Finance Overhaul


Malaysia is accelerating its push into blockchain, holding discussions with Binance’s founder as it aims to become Southeast Asia’s leading hub for tokenization and digital finance. Binance Founder Joins Forces With Malaysia to Supercharge Blockchain Agenda Malaysian Prime Minister Anwar Ibrahim...

SEC’s Explosive Crypto Overhaul in Motion as Uyeda Ends Acting Chair Role


Uyeda’s bold leadership unleashes a crypto renaissance with dropped lawsuits, reversed rules, and unprecedented SEC engagement—as Atkins steps in, momentum shows no signs of slowing. SEC Transitions From Enforcement to Engagement as Uyeda Reflects on Crypto Regulation Wins The U.S. Securities...

Senate Committee Advances 2 Major Bills to Overhaul Stablecoins and Banking


The Senate Banking Committee has advanced bills on stablecoin regulations and financial fairness, aiming to protect consumers, strengthen security, and prevent politically motivated debanking. Key Bills on Stablecoins and Financial Fairness Advance The U.S. Senate Committee on Banking, Housing,...

SEC Launches Crypto Roundtables Amid Policy Overhaul—Big Changes Ahead?


The SEC’s new Crypto Task Force is launching roundtables to reshape crypto regulation, starting March 21, as enforcement cases drop and pro-innovation policies take hold. SEC’s Crypto Roundtables Signal Major Policy Shift The U.S. Securities and Exchange Commission (SEC) has announced a series...

Opensea Launches OS2 Platform Overhaul with Lower Fees, New Token


Opensea has launched an open beta for OS2, a rebuilt version of its NFT marketplace featuring reduced fees, a forthcoming SEA token, and expanded blockchain integrations. Opensea Unveils Major Update, Introduces SEA Token According to CEO Devin Finzer, the platform, which is called OS2, is...

FDIC Releases 175 Crypto Banking Docs, Signaling Regulatory Overhaul


The FDIC’s release of 175 documents marks a major shift toward transparency, signaling new opportunities for banks to engage in crypto as regulators reassess outdated policies. Regulators vs. Crypto: FDIC Signals New Approach With Massive Document Dump The Federal Deposit Insurance Corporation...

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