LATEST: Treasury Secretary @SecScottBessent calls on the Senate Banking Committee to hold a markup on the CLARITY Act, urging Congress to pass a crypto market structure framework and send it to President Trump's desk. https://t.co/dEHWNuVfrY ...

NEW: White House adviser Kevin Hassett says he is not expecting Fed Chair Powell to stay on the board. https://t.co/WGtmMD2Y3i ...

JUST IN: White House adviser Kevin Hassett says he is not expecting Fed Chair Powell to stay on the board. https://t.co/NoZ1RtlqLy ...

JUST IN: $META commits an additional $21B to $CRWV for AI cloud infrastructure from 2027 to 2032, on top of a prior $14.2B deal. https://t.co/SDjcvA61ry ...

DATA: IRGC-affiliated networks have processed $178M in crypto tied to Houthi oil sales in a single year, with a broader network accounting for nearly $1B in activity, @IanAllison123 reports. https://t.co/pRPaGhjwnF ...

ANALYSIS: @Strategy's preferred stock $STRC recorded $333M in trading volume on Wednesday, its seventh highest day since launch.The activity may have funded over 2,000 $BTC in purchases via Strategy's ATM issuance program. https://t.co/AQ9B4mowId ...

INSIGHT: Active $BTC addresses have hit their lowest level since 2018, a sign that short-term traders have largely exited the network, per @cryptoquant_com. https://t.co/m8ecO1dd4l ...

NEW: The U.S. Treasury's FinCEN and OFAC issue proposed AML and sanctions rules for stablecoin issuers under the GENIUS Act, treating them as financial institutions under the Bank Secrecy Act. https://t.co/OqnD6TIfM4 ...

LATEST: The CFTC and DOJ ask a federal court to block Arizona from enforcing gambling laws against @Kalshi, arguing sports and event contracts are financial derivatives under federal jurisdiction, not gambling under state law. https://t.co/VAq6v18z9U ...

NEW: Scott Bessent says the U.S. set the global standard for financial markets but that lead is slippingHe urges Congress to pass the Clarity Act before it is too late in a The Wall Street Journal op-ed https://t.co/drKZByRsxS ...