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Oobit Taps AI & Visa for Corporate Crypto Cards

Oobit Taps AI & Visa for Corporate Crypto Cards 1

Tether-backed wallet startup Oobit has introduced “Agent Cards,” virtual corporate expense cards designed to enable AI agents to conduct purchases directly using USDT balances. This innovation aims to facilitate autonomous transactions without requiring immediate human intervention for every approval, while…

Market Structure Bill Faces May Push Amidst Ethics Woes

Market Structure Bill Faces May Push Amidst Ethics Woes 3

The legislative push for comprehensive cryptocurrency market structure regulation is experiencing renewed momentum, with key figures in the Senate indicating a potential markup session could occur as early as mid-May. However, the path forward remains complicated by unresolved disputes over…

Gemini Cleared for Derivatives; CFTC Approval Looms

Gemini Cleared for Derivatives; CFTC Approval Looms 5

Gemini has achieved a significant regulatory milestone with the acquisition of a Derivatives Clearing Organization (DCO) license from the Commodity Futures Trading Commission (CFTC). This license empowers Gemini’s Olympus unit to function as an in-house clearinghouse for regulated derivatives trading,…

Senate Blocks Self-Trading Amid Insider Trading Fears

Senate Blocks Self-Trading Amid Insider Trading Fears 7

U.S. Senate Enacts Ban on Prediction Market Trading for Members The United States Senate has unanimously passed a resolution barring its members from trading on prediction markets. This measure, effective immediately, follows growing concerns regarding insider trading and the potential…

Musk’s X: Crypto Discussion Lagging Politics

Musk's X: Crypto Discussion Lagging Politics 9

fetchpriority=”high” alt=”X logo. Image: Shutterstock/Decrypt” width=”1778″ height=”1000″ decoding=”async” data-nimg=”1″ class=”” style=”color:transparent” srcSet=” 1x, 2x” src=””> New data from X, formerly Twitter, reveals a surprising trend: cryptocurrency-related content is the most frequently muted topic on the platform’s “For You” feed.…

KAST Hires Ex-SEC Advisor for Policy Comms

KAST Hires Ex-SEC Advisor for Policy Comms 11

Stablecoin payment solutions provider KAST has appointed Stephanie Allen, a former senior advisor to the U.S. Securities and Exchange Commission (SEC), as its new head of corporate and policy communications. This strategic hire aims to enhance KAST’s engagement with policymakers,…

Tether Proposes Three-Way Crypto Merger

Tether Proposes Three-Way Crypto Merger 13

Get ready, crypto explorers, because Tether is making some serious moves in the Bitcoin ecosystem. They’re not just dipping their toes in; they’re orchestrating a massive three-way merger that could reshape the landscape of listed Bitcoin companies. With a staggering…

Tether, Lutnick Grilled by Senators on Trust Loan

Tether, Lutnick Grilled by Senators on Trust Loan 15

Democratic Senators Elizabeth Warren and Ron Wyden have initiated an inquiry into Tether, the world’s largest stablecoin issuer, and Commerce Secretary Howard Lutnick concerning a reported loan extended to a family trust benefiting Lutnick’s children. The senators’ correspondence targets both…

Quest Price Jumps Amid RAM Shortage

Quest Price Jumps Amid RAM Shortage 17

Meta has announced a forthcoming price adjustment for its Quest 3 and Quest 3S virtual reality headsets, with increases of $50 to $100 set to take effect on April 19. The company cited escalating component costs as the primary driver…

Ark Invest Buys Robinhood, Sells Bitcoin ETF

Ark Invest Buys Robinhood, Sells Bitcoin ETF 19

Ark Invest, under the leadership of Cathie Wood, has significantly adjusted its portfolio, acquiring approximately $39.4 million in Robinhood (HOOD) shares while divesting $6.1 million from its own spot Bitcoin ETF. This strategic maneuver occurred on Wednesday, following a notable…