Banks Criticize White House Report Favoring Stablecoin Yield
The American Bankers Association has challenged a White House report suggesting that stablecoin yield offerings wouldn’t have a sizeable impact on bank lending.
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Former CFTC Chair to Focus on Crypto Advisory Work
Chris Giancarlo, the former CFTC chair known as “Crypto Dad,” is retiring from law to focus on advising fintech and crypto firms.
Crypto Surges Iran Deal Hope Hits Market
Bitcoin neared $75,000, and Ether hit a 10-week high as a short squeeze, and hopes of a US deal with Iran lifted crypto markets.
South Korea Orders Suspension, Fine for Crypto Exchange Coinone
South Korea reportedly fined and imposed a partial business suspension against Coinone over alleged anti-money laundering failures and transactions with unregistered overseas exchanges.
Foundry Digital Launches Zcash Mining Pool
Foundry Digital says that it expanded its crypto mining pool services to the privacy-focused Zcash network and that it has already obtained a 29.2% hashrate share.
Broadridge Launches Crypto Platform for Canada Wealth Managers
Broadridge has launched a digital asset platform enabling Canada wealth managers to offer crypto and tokenized assets alongside traditional investments.
SEC Proposes Certain Crypto Interfaces Don’t Need to Register as...
Under the SEC staff statement, self-custodial wallets with certain user interfaces may be exempt from broker-dealer registration requirements.
Bitmine Expands ETH Treasury with Major Purchase, Nears 5% Supply
Bitmine Immersion Technologies bought 71,524 ETH, raising its holdings to 4.87 million tokens, or about 4% of total supply, as it expands its crypto treasury strategy
Kraken Won‘t Negotiate After Extortion Attempt with Client Data
An unnamed criminal group attempted to extort crypto exchange Kraken by threatening to release videos with information about client data and the company‘s internal systems.
Jito Expands Into South Korea with KODA Custody Partnership
Jito Foundation partners with KODA to offer regulated custody and staking access for JitoSOL in South Korea’s evolving crypto market.
Crypto-Aligned Super PAC Begins to Endorse Candidates for US Midterms
The Fellowship PAC endorsed five Republican candidates and reported $1.5 million in advertising for two candidates after months of inactivity.
ECB Sets Cautious Path for Tokenized Capital Markets in New...
The ECB’s latest bulletin backs a cautious move to tokenized assets, bonds, MMFs and euro stablecoins, stressing central bank money, interoperability and robust regulation as preconditions.
