Senate Panel Clears Kevin Warsh 13-11, Setting up Fed Leadership Change Before May 15 – Bitcoin News

Key Takeaways: The Senate Banking Committee advanced Kevin Warsh’s Fed Chair nomination 13-11 on April 29, 2026. Sen. Thom Tillis lifted his hold after the DOJ closed its probe into Powell around April 24, clearing the vote. Full Senate confirmation is expected by mid-May 2026, potentially making Warsh chair before Powell’s term ends on May…

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MoonPay buys Sodot to power new institutional crypto services unit

Crypto payments firm MoonPay is stepping further into institutional services after acquiring Sodot, a startup focused on digital asset security. Summary MoonPay acquires Sodot in a deal reportedly worth around $100 million, using its key management tech to launch an institutional division. New unit to serve financial institutions across trading, tokenized assets, payments, custody infrastructure,…

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Strategy’s STRC Becomes World’s Largest Preferred Stock in Under One Year, Saylor Says

Key Takeaways: Strategy’s Michael Saylor unveiled STRC at Bitcoin 2026, a digital credit instrument that reached $8.5 billion in nine months. STRC targets a private credit market exceeding $3.5 trillion, with 10% capture potentially unlocking $350 billion in digital yield. Saylor projects digital credit will scale into trillions globally, with shelf registrations already hitting $21…

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