What happened in crypto, why it matters, and what to watch next. Every story links its sources.
Coinbase’s nearly $400 million Q1 loss and push to reduce reliance on spot trading highlight why U.S. crypto businesses still need clearer rules for market access, stablecoins, custody, and exchange products.
Crypto regulation in the United States is not only a Washington problem.
Crypto companies can survive tough rules.
That is not a reason to treat policy risk as dormant.
The May 3 Fueled Crypto source context contains no fresh SEC action, CFTC proposal, congressional vote, Treasury guidance, White House statement, court filing, state rule, enforcement settlement, or stablecoin bill update.
The CLARITY Act’s finalized stablecoin-yield language gives crypto firms a path to rewards while protecting bank yield, setting up a policy fight over who controls digital dollar accounts.
A coming crypto market structure push, a Senate prediction-market betting ban, and Gemini’s CFTC approval show Washington is moving toward clearer crypto access while tightening conflict-of-interest guardrails.
Polymarket is in active talks with the CFTC to restore full US access, a high-stakes negotiation that could define how prediction markets operate inside American borders.
Western Union's May launch of USDPT signals that traditional financial institutions are betting on stablecoin infrastructure — and that bet has real regulatory and competitive implications for the US market.
Western Union's planned May launch of its USDPT stablecoin reveals how much the regulatory environment has shifted — and how much still needs to be settled before traditional financial firms can fully commit to digital dollars.
A federal-versus-state showdown over prediction market oversight is forcing a long-overdue answer to a foundational question: who actually has authority over event-based contracts in the United States?
The CFTC is now suing New York to block state-level crackdowns on prediction markets, escalating a federal-versus-state jurisdictional fight that could reshape who governs crypto-adjacent financial products.
A senior US military official framing Bitcoin as an instrument of geopolitical power marks a meaningful shift in how Washington's national security apparatus views crypto.
Spot Bitcoin ETFs pulled in nearly $1 billion in a single week, the strongest inflow since mid-January, underscoring how the SEC's approval framework has reshaped institutional access to crypto.
Rep. Sheri Biggs disclosed a second IBIT purchase worth up to $250,000, reviving serious questions about whether lawmakers with crypto skin in the game should be shaping crypto policy.
Circle faces a class action over the $280M Drift Protocol hack while the Clarity Act's stablecoin yield provisions hit a legislative wall — two separate blows landing on U.S. crypto policy in the same week.
As South Korea moves to test blockchain-based government deposit tokens, the US still lacks a coherent digital asset framework — and the gap is starting to matter.
Senator Thom Tillis is preparing to publicly share a proposed agreement aimed at resolving the ongoing clash between the crypto industry and banks over Senate digital asset legislation.
U.S. lawmakers are back at the table on crypto's most important piece of pending legislation, and stablecoin rewards have become the unexpected fault line.
The CLARITY Act — Congress's most ambitious attempt to establish a definitive SEC/CFTC jurisdictional framework for digital assets — has cleared key committee hurdles and is building bipartisan momentum in 2026. Coinbase CEO Brian Armstrong, once among its most vocal critics, has publicly shifted to support the legislation after key amendments addressed his core concerns. Whether the bill can clear the full legislative gauntlet this month remains an open question, but the political winds are more favorable than they've ever been.