As crypto world notches political wins in Texas and beyond, some of its emerging political action committees ditch bipartisan approach for a Republican focus. What to know: The U.S. cryptocurrency industry has flexed its campaign-finance might to help dethrone veteran incumbents and elevate new allies in Texas and other states […]
A new arrangement has been set between the derivatives regulator and professional hockey, following on the heels of a similar baseball agreement. What to know: In the midst of its playoffs surge, the top professional hockey league has agreed to coordinate oversight of betting on popular prediction markets with the U.S. Commodity […]
The latest crypto view from the securities agency concludes software that clears the way for securities transactions with individual wallets won’t trip regulations. What to know: The U.S. Securities and Exchange Commission said that software that sets up user interfaces allowing crypto securities to be transacted through individuals’ wallets won’t […]
The U.S. is pitching new rules for stablecoin issuers to treat them like every other financial firm that must maintain armor against illicit uses. What to know: Afirm issuing stablecoins in the U.S. would have an array of new duties to head off criminals and keep government watchdogs informed about […]
The chairman of the U.S. Federal Deposit Insurance Corp. made clear that even pass-through deposit insurance won’t be allowed from third-party firms. What to know: Stablecoin users won’t benefit from any government guarantee of their money when the new U.S. law is implemented to govern these tokens, said Federal Deposit […]
The executive order to build President Donald Trump’s Strategic Bitcoin Reserve has awaited congressional action, and sources say there’s one idea left for 2026. What to know: President Donald Trump’s move to establish what he called a “Strategic Bitcoin Reserve” within the federal government was greeted with crypto-sector celebration at […]
The Kansas City Fed may term this “Tier 3” access, but Kraken’s entry into the vaunted Fed payments system has riled bankers and raised crypto hopes. What to know: The crypto industry keeps knocking down the barriers into the core U.S. financial system, and digital assets exchange Kraken’s approval for […]
The Federal Reserve and other banking regulators clarified that the capital tally in banks needs identical treatment whether securities are tokenized or not. What to know: The U.S. Federal Reserve and other regulators told bankers that they need to maintain the same amount of capital to back tokenized securities as they do […]
The incarcerated former leader of the failed crypto exchange wants a new chance to defend against fraud charges. What to know: Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, is seeking a new trial, according to a request filed in a New York federal court by his mother. […]
Braden John Karony had been convicted last year on several federal charges, and he’s ordered to pay back $7.5 million in restitution. What to know: Former SafeMoon CEO Braden John Karony will face an 8-year prison sentence after being convicted last year on a string of federal charges tied to defrauding investors […]