Now that the U.S. government and banks have legitimized cryptocurrencies, a huge drop in value could have real-world consequences.
The House is considering three bills that would regulate digital currencies. The first, the GENIUS Act, is expected to quickly pass and head to President Donald Trump's desk by Friday.
“Stablecoins” are supposed to be worth exactly $1, now and forever. But critics worry that they could cause problem in the non-crypto economy.
And what might the rules look like?
Both regulators and crypto bros cheer a ruling on Ripple Labs. Many call the regulatory framework governing digital assets outmoded.
Three agencies aim to keep traditional banks from getting too involved in cryptocurrency, which has lost value and seen corporate meltdowns.
The Securities and Exchange Commission is suing Gemini Trust Company and Genesis Global Capital for selling allegedly unregistered securities.
Despite a raft of prosecutions and losses to investors in the billions, some say the industry has what it takes to find its feet.
The industry is trying to distance itself from the collapsed exchange. Can it?
FTX operated outside the confines of traditional regulations, and its customers are unlikely to recover their funds, says Semafor’s Liz Hoffmann.