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Browsing Category
Regulations
Circle became a federal trust bank
Washington just gave one of the world's largest digital currencies a more official place in the US financial system.On July 10, Circle won final approval from the Office of the Comptroller of the Currency to open a national trust bank under…
One year later, GENIUS Act just made stablecoins easier to sell
On the eve of the GENIUS Act’s first anniversary, the stablecoin market holds about $310 billion, including roughly $184 billion in USDT and $73 billion in USDC.President Donald Trump signed the law on July 18, 2025, creating a federal…
Trump aide allegedly made $100K betting on 12 speeches before anyone knew
The White House placed longtime teleprompter operator Gabriel Perez on unpaid administrative leave on July 16 after ABC News reported allegations that he used advance access to President Donald Trump's prepared remarks to earn more than…
SEC filing shows viral $71 million XRP ETF claims are out by 1,000x
Investment manager Brookstone Capital Management reported 12,380 shares of Volatility Shares' XRP ETF with a fair value of $71,059 in its June 30 quarter-end holdings disclosure. Yet, social media is spreading a narrative of a massive $71…
Trust vs. Innovation in Europe
The following is a guest post from Yuliya Barabash, Founder and Managing Partner at SBSB Fintech Lawyers.MiCA may make Europe safer, but it also risks making it smaller. In its effort to impose order on crypto, the EU is building a…
The next currency crisis could turn $300 billion in stablecoins into national currencies
Bolivia's government is evaluating whether to include USDT in its regulated payment system alongside the boliviano and the US dollar, according to local media.Cryptoassets are authorized in the country with no legal-tender status…
Ripple CEO says SEC suit nearly pushed company to shut down
Ripple CEO Brad Garlinghouse said he and co-founder Chris Larsen seriously considered shutting the company down after the SEC sued in 2020 and distributing Ripple's XRP holdings to shareholders.In a KU Hustle interview, Garlinghouse said…
After MiCA deadline, majority of Binance users sent funds to self-custody not other compliant…
Binance says users in the European Union sent up to 70% of the funds they withdrew after July 1 to wallets they controlled themselves.Only about 30% went to platforms regulated under the Markets in Crypto-Assets framework, according to…
Crypto won the ETF fight but now the SEC is questioning if things have gone too far
The ETF became one of Wall Street’s most powerful distribution tools because it turned market exposure into an easy-to-use and easy-to-understand retail product.Investors could buy an index, a basket of bonds, a commodity thesis, or a…
AscendEX shuts down after MiCA miss and warns some withdrawals may not be processed
AscendEX shut down on July 1, leaving some customers unsure whether they will recover their funds.The exchange said in a July 6 notice that it does not hold authorization under the European Union's Markets in Crypto-Assets framework. It…
