Jack Dorsey’s Block, Inc. plans to launch Bitcoin payments on Square, leveraging the Lightning Network, with a full rollout expected by 2026. This move could significantly impact merchant adoption and the broader crypto ecosystem.
Rep. Steil Calls for Focus on Core Issues in Crypto Legislation: A News Analysis
US Representative Bryan Steil urges lawmakers to stop adding non-relevant items into the legislative text of bills, arguing that it is slowing progress on crypto laws.
Trump’s CFTC Pick Quintenz Discloses Crypto Holdings: What It Means for Regulation
Brian Quintenz, nominated to chair the CFTC, has disclosed significant crypto holdings and connections. His confirmation could signal a shift in regulatory approaches, but raises conflict-of-interest concerns.
IMF Signals Continued Pressure on El Salvador’s Bitcoin Holdings Amidst $120M Deal
The IMF and El Salvador have reached a $120 million payment agreement, but the IMF is pushing for limitations on El Salvador’s Bitcoin activities, raising questions about the country’s crypto strategy.
ASIC Sues Former Blockchain Global Director: What It Means for Crypto in Australia
Australia’s ASIC has filed civil proceedings against Liang ‘Allan’ Guo, former director of Blockchain Global, alleging breaches of director duties. This action highlights the ongoing regulatory scrutiny of crypto exchanges and their executives in Australia.