Author: Tony Pearce
Fed proposes new stablecoin rules under GENIUS Act
Reading Time: < 1 minuteThe Federal Reserve has proposed new rules for stablecoin issuers under the GENIUS Act, including reserve-asset limits and standardised capital requirements.
CFTC updates guidance on tokenised assets
Reading Time: < 1 minuteThe CFTC has updated its guidance on tokenised assets and blockchain-based recordkeeping for registered firms.
Visa survey finds bank-style protections could boost US stablecoin use
Reading Time: < 1 minuteStablecoin adoption among US consumers could increase if issuers offered protections similar to those provided by banks.
NYSE and Blockchain.com explore tokenised US stocks
Reading Time: < 1 minuteThe New York Stock Exchange (NYSE) and crypto brokerage Blockchain.com are exploring the sale of blockchain-based versions of US-listed stocks and ETFs.
CFTC Chair Selig urges markets to prepare for mass tokenisation
Reading Time: < 1 minuteCommodity Futures Trading Commission (CFTC) Chair Michael Selig said financial markets need to prepare for a major expansion of tokenisation, as blockchain-based finance and 24-hour trading gain ground.
Republican senator calls for probe into Trump and Biden sons
Reading Time: < 1 minuteRepublican Senator John Curtis has called for a Senate investigation into the business dealings of Donald Trump Jr. and Hunter Biden.
Circle launches Bitcoin-backed USDC borrowing
Reading Time: < 1 minuteCircle has launched a Bitcoin-backed borrowing service that allows eligible institutional clients to borrow USDC using BTC as collateral.
Fairshake plans $30 million campaign against Sherrod Brown
Reading Time: < 1 minuteFairshake plans to spend $30 million opposing Democrat Sherrod Brown’s bid to return to the US Senate, according to the PAC.
Grayscale’s Zcash ETF sets three-for-one split
Reading Time: < 1 minuteGrayscale’s Zcash ETF, ZCSH, will carry out a three-for-one share split after attracting more than $233 million since its launch in August. Under the split, shareholders at the close of […]
CFTC sends crypto rulemaking to White House
Reading Time: < 1 minuteThe US Commodity Futures Trading Commission (CFTC) has submitted a new regulatory action covering crypto transactions and markets for White House review.
CFTC extends no-action relief to crypto software developers
Reading Time: < 1 minuteThe US Commodity Futures Trading Commission (CFTC) has issued no-action relief for software developers that connect users to regulated derivatives markets, subject to certain conditions.
US sanctions Iranian crypto exchange over alleged IRGC transfers
Reading Time: < 1 minuteThe US Treasury Department has sanctioned Iranian crypto exchange BitBank over allegations that it helped transfer hundreds of millions of dollars in Bitcoin to Iran’s Islamic Revolutionary Guard Corps (IRGC).
FCA targets unregistered crypto traders in London
Reading Time: < 1 minuteThe UK Financial Conduct Authority (FCA) has targeted three London premises suspected of operating unregistered peer-to-peer crypto trading businesses.
House panel passes first federal crypto tax framework
Reading Time: < 1 minuteThe House Ways and Means Committee has advanced legislation setting out federal tax rules for digital assets, voting 38-5 in favour of the bill.
BoE official sees stablecoins strengthening dollar demand
Reading Time: < 1 minuteGrowing use of dollar-denominated stablecoins could reinforce the US dollar’s global role and increase demand for US Treasurys, according to Bank of England official Carolyn Wilkins.
CLARITY Act stalls after US Senate vote
Reading Time: < 1 minuteThe US Senate has failed to advance the CLARITY Act after a procedural vote fell short of the threshold needed to move the crypto market structure bill forward.
Strive reaches 25,000 BTC after $36.6 million purchase
Reading Time: < 1 minuteStrive has increased its Bitcoin holdings to 25,000 BTC after buying another 469 BTC for $36.6 million.
Bitcoin accounts for most of $16.6 billion crypto options expiry
Reading Time: < 1 minuteAround $16.6 billion worth of Bitcoin and Ethereum options are scheduled to expire on 25 September, with bullish call positions outnumbering puts for both assets.
South Korea crypto tax petition reaches 50,000 signatures
Reading Time: < 1 minuteA petition calling for South Korea to delay its planned crypto tax by two years has secured the 50,000 signatures required for review by a National Assembly committee.
Revolut customer data exposed in impersonation scam
Reading Time: < 1 minuteRevolut said an unauthorised party obtained sensitive customer information after sending fraudulent requests from a legitimate government email domain.
Senate Republicans revise Clarity Act ahead of vote
Reading Time: < 1 minuteSenate Republicans have released a revised version of the Clarity Act ahead of the bill’s first procedural vote on 15 September.
Senate Republicans release revised Clarity Act ahead of vote
Reading Time: < 1 minuteSenate Republicans have published a revised version of the Clarity Act ahead of the bill’s first procedural vote on 15 September.
Nasdaq invests $100 million in Kraken parent at $21 billion valuation
Reading Time: < 1 minuteNasdaq has invested $100 million in Payward, the parent company of crypto exchange Kraken, as the exchange operator expands its tokenised asset offering.
UK Lords votes for statutory digital asset strategy
Reading Time: < 1 minuteThe House of Lords has backed legislation that would oblige the UK government to draw up a dedicated strategy for digital assets, against the position of Labour ministers.
Bitcoin ETFs Face Record $4.5 Billion Outflows in June
Reading Time: < 1 minuteUS spot Bitcoin ETFs saw record $4.5 billion outflows in June, signaling a major shift in investor sentiment for digital assets.

























