Unstoppable Domains has announced the launch of Metamask Snap, an integration that allows for cross-chain name resolution for over 4 million users. This new feature enables users to send and receive cryptocurrency using easily recognizable domain names instead of complex wallet addresses, significantly enhancing the user experience within Metamask. The Unstoppable Domains Snap expands Metamask’s […]
US Lawmakers Submit Resolution Urging Nigeria to Release Jailed Binance Executive
U.S. lawmakers have submitted a resolution calling on the Nigerian government to immediately release the jailed Binance executive, Tigran Gambaryan. In the resolution submitted to the Committee on Foreign Affairs, the lawmakers urge the United States government to utilize all available resources to secure Gambaryan’s release. The resolution also asks the Biden administration to formally […]
Banking Associations Support Resolution to Overturn SEC’s Controversial Crypto Rules
The American Bankers Association, Bank Policy Institute, Financial Services Forum, and Securities Industry and Financial Markets Association sent a letter to President Joe Biden on May 31, urging him to sign the resolution passed by Congress to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121). The letter outlines that SAB 121, issued without regulatory […]
Senate Urged to Pass Landmark Crypto Bill After Biden Vetoes Resolution to Overturn SEC Rules
Following President Joe Biden’s veto of the resolution to overturn the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules in SAB 121, U.S. lawmakers in both the Senate and House of Representatives have intensified their efforts to pass the landmark crypto bill, the Financial Innovation and Technology for the 21st Century (FIT21) Act. ‘Senate […]
President Biden Vetoes SEC SAB 121 Repeal Resolution
U.S. President Joe Biden issued a veto against H.J.Res. 109, a resolution that would disapprove of the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin No. 121 (SAB 121). In its veto document, Bides states that the approval of this Republican-led resolution would “inappropriately constrain the SEC’s ability to set forth appropriate guardrails and address […]