The U.S. Senate loses another crypto tax reform advocate, Daines has confirmed he will not seek re-election.

Bipartisan PACE Act Proposes Opening Federal Reserve Payment Networks to Non-Banks

Gate News message, April 21 — The PACE Act, introduced by bipartisan U.S. lawmakers, aims to allow compliant non-bank payment institutions direct access to the Federal Reserve's payment systems, garnering support from the crypto industry. The legislation would establish a federal framework

SEC Commissioner Hester Peirce Admits Past Crypto Policies Were "Wrong in Method"

Peirce admits the SEC mishandled crypto regulation under Gensler, urging earlier framework and more stakeholder engagement, cautioning against overreach, and outlining future focus on stablecoins, RWA tokenization, and custody. Abstract: In an interview, SEC Commissioner Hester Peirce—often dubbed 'Crypto Mom'—said the agency's crypto regulation during Gary Gensler's tenure was flawed. She called for an earlier, clearer regulatory framework and greater engagement with industry stakeholders before policy actions, cautioned against overreach given Congress's limits, and highlighted future priorities such as stablecoins, tokenization of money market funds and real-world assets, and improved custody frameworks.

Fed Chair Nominee Warsh Backs Crypto Assets at Senate Hearing, Discloses $100M Portfolio

Gate News message, April 21 — US Federal Reserve Chair nominee Kevin Warsh expressed support for digital assets during his Senate Banking Committee confirmation hearing today, stating that cryptocurrencies are "already part of the fabric of our financial industry." During the nearly 3-hour public s

Trump's Crypto Backing Reaches Historic $1.2B, Sparking National Security Concerns

Gate News message, April 21 — Federal filings reveal that Trump and the Republican Party have accumulated a historic $1.2 billion cash stockpile for the November midterms, with cryptocurrency executives playing a major role in funding the GOP war chest. Democrats currently hold only $261 million in

U.S. Federal Reserve Chair Nominee Wosh: Digital Assets Already Part of U.S. Financial System

Gate News message, April 21 — During a Senate hearing on April 22, U.S. Senator Cynthia Lummis asked Federal Reserve chair nominee Wosh whether digital assets should be integrated into the nation's financial system to provide Americans with new investment opportunities and consumer protections. Wos

Poland's Crypto Legislation Stalled as MiCA Alignment Deadline Approaches, Triggering Business Exodus

Poland fails to override Nawrocki's veto on crypto regulation, delaying MiCA alignment by the July 1 deadline as firms relocate to Latvia, Czech Republic, Lithuania, and Malta amid regulatory uncertainty. Poland's parliament again blocks the crypto regulation by Nawrocki's veto, leaving MiCA alignment to a future date and spurring domestic firms to move operations to other EU member states. The dispute centers on concerns about overregulation and broad KNF powers, intensifying political tensions and accelerating crypto outflows before MiCA's transition ends.