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A resolution condemning a rule on how to account for cryptocurrency assets has been passed by both houses of the U.S. Congress, setting up a likely veto by the White House. Why it matters: The crypto industry began its fight against chairman Gary Gensler's SEC in the courts, but has successfully extended it onto a new field: the legislature. The latest: In ...
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Crypto trading volumes recorded on Robinhood Markets Inc. more than halved in April, outpacing the decline seen on rival exchanges as digital-asset appetite among retail investors cooled. Crypto notional trading volumes were $10.1 billion last month, Robinhood said in an operating report on Wednesday, down 57% from March’s volumes of $23.6 billion. It was ...