U.S. lawmakers asked the SEC and FINRA to clarify how crypto firms can become registered broker-dealers and provide custody services for crypto assets.
The Pennsylvania senator is eager to focus on fintech if he assumes the top post at the Senate Banking Committee.
Negotiators on Sunday were hammering out final details of a $900 million pandemic stimulus, the Wall Street Journal reported.
Four U.S. congressmen have asked the IRS to clarify how block rewards from proof-of-stake networks are taxed, to prevent taxpayers from owing more than they should.
Regulatory approval doesn't mean banks are about to begin providing crypto custody, but it is accelerating a conversation about financial institutions safeguarding bitcoin.
