XLM/USD

United States President Donald Trump underlined on Thursday that he wants to see the country be the "number one superpower" in artificial intelligence (AI), as well as lead in cryptocurrencies. "America's goal must be to dominate the future ... [the AI] is bigger than the Internet. It's bigger than anything anyone has ever seen thus far," he said while ...

A sweeping cryptocurrency bill is approaching a final vote in the Senate this summer, with support from Republicans and some Democrats — and backed by an industry that has spent tens of millions of dollars to shape it. But lately a major sticking point has emerged: the $1.4 billion in crypto revenue that President Trump disclosed in June, after a year of ...

Penn State football joins the blockchain this season, as the Nittany Lions are part of a new college rollout selling fan tokens, which are a form of cryptocurrency. Penn State is one of five major colleges that will sell digital assets offering fans access to "exclusive experiences" and "unique benefits," according to a news release announcing the ...

A proposed ethics restriction in the Senate’s latest CLARITY Act draft would automatically expire at noon on January 20, 2029—the exact moment President Donald Trump’s current term is scheduled to end. The sunset clause has become a new source of controversy around the cryptocurrency market structure bill, with Democratic lawmakers and ethics advocates ...

In the week ending July 18, the advance figure for seasonally adjusted initial claims was 187,000, a decrease of 22,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 208,000 to 209,000. The 4-week moving average was 207,500, a decrease of 7,250 from the previous week's revised average. The previous week's ...

Cryptocurrency exchange BitMEX said on Thursday that it will shut down its operations, effective September 23, and said that users' assets remained safe and under their control. The owner and operator of BitMEX, HDR Global Trading, made the decision as part of a ​strategic review of the business, the exchange said in a post on X. BitMEX also urged users to ...

Senate Republicans released an updated version of the Digital Asset Market CLARITY Act on Wednesday following briefing calls with stakeholders. The update adds a package of ethics restrictions targeting digital asset activities by public officials and their spouses. The revised legislation comes after negotiations between the White House and Republican ...

As reported by CoinDesk, seven Democratic senators say the Republican-proposed text of the Clarity Act in its current form does not go far enough on ethics and several other provisions. Senators Angela Alsobrooks, Cory Booker, Catherine Cortez Masto, Ruben Gallego, John Hickenlooper, Mark Warner and Raphael Warnock say in a joint statement that they remain ...

A top U.S. securities regulator has a warning for the fast-growing world of crypto vaults and onchain lending: moving money onto a blockchain doesn't automatically put it outside the reach of securities law. The Securities and Exchange Commission (SEC) Commissioner Hester Peirce made the case in a statement published July 22, titled 'Headstands and ...

Every generation gets a chance to upgrade its infrastructure. In the 1990s, it was the internet. Policymakers worried that it would disrupt existing industries and create new risks. But instead of cramming the technology into outdated regulatory boxes, lawmakers established rules that let innovation flourish while protecting consumers. The result was one of ...