Lummis and Wyden Introduce Bill to Exempt Non-Custodial Blockchain Developers from Money Transmitter Rules
Bipartisan legislation introduced to protect non-custodial blockchain developers.
Safe harbor exempts software creators without user fund control from money transmitter licensing.
Addresses regulatory uncertainty impacting DeFi and open-source projects.
Standalone bill signals priority amid broader crypto market structure talks.
U.S. Senators Cynthia Lummis (R-WY) and Ron Wyden (D-OR) introduced the Blockchain Regulatory Certainty Act on Jan…
Fed Chair Jerome Powell Discloses Ongoing Federal Criminal Investigation, Calls It ‘Pretext’
Federal Reserve Chair Jerome Powell personally disclosed an active federal criminal investigation in a video statement.
The probe focuses on Powell’s earlier congressional testimony regarding a Fed office building renovation project.
Powell described the allegations as a “pretext” aimed at undermining central bank independence.
Bitcoin briefly surpassed $92,000 following the news amid broader market volatility.
Federal Res…
BitGo Targets Nearly $2 Billion Valuation in US IPO Filing
BitGo has filed for a U.S. IPO aiming to raise up to $201 million.
The offering targets a fully diluted valuation of up to $1.96 billion.
Shares are set to list on the NYSE under ticker BTGO.
Goldman Sachs and Citigroup lead the underwriting syndicate.
The move follows a 2025 revenue surge and over $90 billion in assets under custody.
Digital asset custody giant BitGo has officially filed for a U.S. initial public offer…