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Browsing Category
Regulations
House rejects crypto rule package despite Trump’s call, push for second vote later today
President Donald Trump urged House Republicans on July 15 to support a procedural motion that would advance three crypto bills during the chamber’s “Crypto Week,” but lawmakers resisted the bill in today’s voting session. Trump wrote on…
OCC, Fed, FDIC publish joint guidance for banks offering crypto custody
The Office of the Comptroller of the Currency (OCC), the Federal Reserve Board (Fed), and the Federal Deposit Insurance Corporation (FDIC) released a joint statement explaining how existing banking rules apply when institutions custody…
Grayscale’s confidential SEC filing hints at public debut by 2025
Grayscale Investments took a significant step toward going public on July 14 by submitting a confidential draft registration statement to the U.S. Securities and Exchange Commission (SEC).Such filings usually signify a firm’s intent to…
Urgent appeal to help defend Tornado Cash’s Roman Storm and the right to financial privacy
Tornado Cash co-founder Roman Storm took to Twitter with an urgent plea for support, ahead of his high-profile trial date tomorrow. Storm, who has been battling legal charges for nearly two years, is calling on the crypto community to…
SEC charges Georgia’s First Liberty Building & Loan and owner in $140M Ponzi scheme
The U.S. Securities and Exchange Commission (SEC) has filed civil charges and sought an emergency asset freeze against First Liberty Building & Loan, LLC, a lending institution based in Newnan, Georgia, and its founder and owner,…
Malta’s MiCA license process under scrutiny by EU regulators
The European Securities and Markets Authority (ESMA) has raised red flags over Malta’s handling of license approvals under the EU’s Markets in Crypto-Assets (MiCA) regulation.In a peer review report released on July 10, ESMA highlighted…
Ethena rockets to $290 million in revenue, seeks SEC clarity on USDe
Ethena Labs reached $290.2 million in total protocol revenue on July 9, trailing only Tether, Circle, and Sky among stablecoin issuers. Token Terminal data show that the stablecoin issuer reached $100 million in cumulative revenue 251…
SEC Crypto Task Force head warns assets remain securities regardless of tokenization
Hester Peirce, head of the US Securities and Exchange Commission’s (SEC) Crypto Task Force, said that putting securities on a blockchain “does not have magical abilities to transform the nature of the underlying asset.” In a July 9…
New Zealand to ban crypto ATMs in AML crackdown
New Zealand’s Ministry of Justice is set to ban crypto ATMs as part of a sweeping overhaul of the country’s anti-money laundering and counter-terrorism financing (AML/CFT) framework.The move forms part of a broader strategy to tighten…
Tether holds $8 billion worth of gold in Swiss vault, matching UBS exposure
Tether CEO Paolo Ardoino revealed that the firm holds roughly $8 billion in gold in a Swiss vault during an interview with Bloomberg News on July 7.Ardoino called the site “the most secure vault in the world” and said the company owns…
