Congress probing crypto industry’s ‘systematic’ debanking under Biden regime

The House Committee on Oversight and Government Reform has issued a formal letter to multiple crypto firms and organizations, requesting evidence and accounts of instances where crypto firms and individuals have been systematically denied access to banking services. The letter was addressed to several entities, including the Blockchain Association, Uniswap Labs, Coinbase, Payward, AH Capital…

Ethereum Achieves 17x Scaling with Layer 2, but Challenges Persist, Says Buterin

Layer 2 protocols have played a critical role in scaling the Ethereum network. The blockchain’s co-founder Vitalik Buterin noted that Layer 2s in 2025 represents a significant evolution from their experimental beginnings in 2019, having achieved certain decentralization milestones, secured billions of dollars in value, and scaled Ethereum’s transaction capacity by 17-fold, all while simultaneously…

Elizabeth Warren Requests Federal Investigation into Trump Family Meme Coins

Senator Elizabeth Warren, ranking member of the House Banking Committee, is asking federal agencies to investigate whether President Donald Trump’s recent launch of a meme coin violated ethical or regulatory standards. The Massachusetts lawmaker, alongside Representative Jake Auchincloss, directed the request to the heads of the U.S. Office of Government Ethics (OGE), the Treasury Department,…