Today in crypto, a US Senate committee released a crypto bill, the US allowed crypto funds to participate in staking, and the Bank of England opened consultations on its proposed stablecoin framework. Senate Ag Releases Crypto Market Bill The U.S. Senate Agriculture Committee released its long-awaited discussion draft of crypto market structure laws on Monday, … Read more
The US Senate Agriculture Committee has released its highly anticipated discussion draft of crypto market structure laws, moving Congress closer to passing legislation outlining how the crypto industry will be regulated. Republican Agriculture Chairman John Boozman and Democratic Sen. Cory Booker released the draft Monday, which includes brackets around sections of the bill that lawmakers … Read more
Australian company Propanc Biopharma announced it has secured up to $100 million from a crypto-focused family office to launch a crypto treasury – a move its CEO called “transformative” as its cancer therapy product enters human trials next year. The private placement, structured through convertible preferred stock, provides Propanc with an initial investment of $1 … Read more