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Enough U.S. Senate Democrats are still showing they’re ready to approve a crypto market structure bill that the effort has legs, they expressed in a meeting with several crypto CEOs on Wednesday that focused on a way forward on U.S. crypto regulation.Digital assets business leaders had two meetings set for the same day, the first to discuss the next steps with Democrats, whose votes will be needed to lift any bill over the Senate’s 60-vote threshold. The second meeting was with those lawmakers’ Republican counterparts, who’ve been pushing a draft bill that’s their answer to the House of Representatives’ Digital…

T. Rowe Price, one of the largest U.S. asset management firms, has filed with the Securities and Exchange Commission (SEC) to launch a cryptocurrency-focused exchange-traded fund (ETF). The proposed fund, named the T. Rowe Price Active Crypto ETF, aims to outperform the FTSE US Listed Cryptocurrency Index, which tracks the ten largest U.S.-listed cryptocurrencies by market capitalization that meet SEC listing standards. Unlike passive funds, the ETF can overweight or underweight assets relative to the Index and may invest in crypto not included in it, though all holdings must meet eligibility criteria, according to the SEC filing.   The filing comes…

Ethereum transactions can now be preconfirmed in just a fraction of a second with new tech from an Ethereum infrastructure platform.Primev says its FAST RPC (Remote Procedure Call) allows transactions to be preconfirmed and set for inclusion in blocks in under 200ms — enabling everything from Ether (ETH) transfers and interacting with smart contracts to minting non-fungible tokens (NFTs) at “blazing speed.”Preconfirmation is an early signal from a block builder indicating a transaction will likely be included in the next block, while block inclusion refers to a transaction being added into a block.RPCs like FAST RPC connect crypto wallets to…

Nigel Farage said he plans to bring crypto in from the cold.The comments mark his latest commitment to the industry.But not everyone’s happy to be associated with him.Nigel Farage says he will make London a crypto hotbed “when I’m in Number 10.”The Reform Party leader made the pledge on stage during the Zebu Live conference in London on Wednesday. “I want to bring in digital assets and crypto from the cold in London, to have that regulatory framework under which everybody can operate,” Farage told the audience.Farage’s fireside chat is the latest in a string of public pro-crypto performances. Farage,…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure FalconX has announced an acquisition of 21Shares, combining prime brokerage infrastructure with the world’s largest crypto ETP platform. FalconX Pushes Into Crypto ETFs & ETPs With 21Shares Acquisition As announced in a press release, FalconX has agreed to acquire 21Shares. FalconX is an institutional crypto prime brokerage that provides large clients with deep global liquidity, derivatives, financing, custody, and settlement across digital asset markets. It has facilitated over $2 trillion in trading volume and hosts a global client base of more than 2,000 institutions. Meanwhile, 21Shares is…

In brief First Lady Melania Trump and Argentine President Javier Milei aren’t to blame for the “scam tokens” they promoted, investors claim in a legal filing. Rather, the plaintiffs claim that Meteora founder Benjamin Chow was the “center of the enterprise,” with Hayden Davis and Kelsier Ventures working under his instructions. The class action lawsuit follows the notorious Melania and Libra meme coin launches, with both coins surging upon launch before collapsing in price. A new class action lawsuit filing paints Meteora founder Benjamin Chow as the mastermind behind the notorious Libra and Melania meme coins, and asserts that the notable…

T. Rowe Price, a mainstay of investment management, has filed with the Securities and Exchange Commission (SEC) to launch an actively managed crypto exchange-traded fund (ETF) that will provide exposure to multiple digital assets.This high-profile move arrives during a period marked by regulatory delays, but traditional financial institutions are eager to advance. An increasing number of ETF filings signals the growing urgency and changing attitudes across the industry as legacy firms position themselves for the future of crypto investing.Sponsored SponsoredT. Rowe Price Files to Launch Active Crypto ETFT. Rowe Price is a legacy asset manager founded in 1937. The firm…

When I worked at the Federal Reserve, we used to joke that our job was to protect the status quo. The Fed’s mandate has long included financial stability, certainly not financial disruption. But Fed Governor Chris Waller’s speech calling on Fed staff to research the creation of a new “payments account” for nonbank payment providers at this week’s Fed Payments Innovation Conference marks the first serious challenge to the assumption that only banks get to move money in America and who is allowed access to the Fed’s balance sheet.When I wrote in 2023 that “stablecoins are the battleground for the…

The cryptocurrency industry has grown from a niche experiment into a maturing global market, according to VC Giant a16z’s State of Crypto 2025 report released Wednesday.“This is the year the world came on-chain,” the authors wrote, describing a feedback loop between prices, innovation, and participation. Bitcoin holds more than half the crypto market cap, while stablecoins rival Visa in volume.Institutions and Stablecoins Drive Structural ShiftAccording to the a16z report, this transformation is being fueled by major institutions and stablecoin adoption. Circle’s market cap climbed past $50 billion after its IPO. Sponsored SponsoredBlackRock expanded tokenized money-market funds, and Fidelity began testing…

Bitcoin erases nearly all of Tuesday’s gains as the Trump administration reportedly considers a potential escalation in its trade war with China.After Tuesday’s quick rally following Fed governor Christopher Waller’s upbeat comments on crypto, markets fell sharply on Wednesday, Oct. 22, as reports surfaced that the Trump administration may limit a wide range of tech exports to China in response to Beijing’s rare-earth metals restrictions, sending U.S. stocks lower.Bitcoin (BTC) has fallen back to around $108,000, erasing most of its 5% rally from the previous day that briefly pushed prices near $114,000.BTC 24-hour price chart. Source: CoinGeckoEthereum (ETH) also pulled…