Is XRP Actually ISO20022 Compliant? A Legal Expert Just Changed the Conversation The discussion around XRP and ISO20022 has been running for years. Some claim XRP is “ISO20022 compliant,” while others completely reject that idea. The reality sits somewhere in between. ISO20022 is a messaging standard used by banks, while XRP operates in liquidity and …
The stablecoin fight is mostly done. DeFi rules are next. And according to White House Crypto Advisor Patrick Witt, a Senate vote might be closer than most expect. The CLARITY Act is now pushing through the Senate Banking Committee, which is the final major step before it can hit the Senate floor. In a recent …
In a recent interview, Chainlink’s Adam Minehardt laid out the reason behind delay for the passage of the much-awaited CLARITY Act. According to him, traditional institutions have pushed “extremely hard” to block any crypto features that offer yield, especially on stablecoins like USDC. “Definitely, the banks have pushed extremely hard to prevent anything that looks …
The U.S. crypto market could be nearing a major turning point as support for the CLARITY Act grows. With leaders like Brian Armstrong and Scott Bessent backing the bill, analysts believe institutional capital may soon enter the market, prompting early positioning in assets like Ethereum, Solana, and Chainlink. Momentum around the CLARITY Act is increasing …
The Commodity Futures Trading Commission (CFTC) has launched an Innovation Task Force (ITF), signaling a major shift in how the United States is approaching crypto regulation. This move suggests the U.S. is finally transitioning from uncertainty to a more structured and proactive regulatory framework. The task force will focus on crypto, blockchain, artificial intelligence (AI), …
Bitwise has taken a major step toward launching a Hyperliquid ETF by confirming the ticker BHYP and a 0.67% fee, signaling the product is likely in its final stages before approval. If launched, the ETF could bring significant institutional capital into Hyperliquid and further boost demand for its native token HYPE. Bitwise Advances Hyperliquid ETF …
USDC issuer Circle has seen its stock (NYSE: CRCL) tumble by 9.89% over the past day, closing at $85.10. The fall was attributed to an unfavorable analyst review and to its alleged inaction during the Drift Protocol exploit. Source: MarketWatch Why did Circle’s shares dip by about 10%? Financial analyst Ed Engel of Compass Point …
US Treasury Secretary Scott Bessent is once more calling for the urgent expedition of the CLARITY Act into law, warning that further delays risk loss of US prominence in global economics. Bessent nudges fast-tracking of the CLARITY Act Bessent compared the legislation’s development to that of Singapore and Abu Dhabi, nations that already have clear …
Following multiple requests from the US Senate Banking Committee for research on stablecoins, the White House Council of Economic Advisers (CEA) has published a study concluding that stablecoins and their yields pose no threat to bank deposits. According to the report, eliminating interest on stablecoins would increase banks’ lending capacity by a mere 0.02% (roughly …
According to the latest reports, Banks and crypto firms have agreed on a deal for the Bitcoin market structure bill, with an official announcement expected this week. The CLARITY Act had been stuck since January over whether crypto platforms could offer yield on stablecoins, but that issue now appears resolved. However, John E. Deaton has …
On-chain investigator ZachXBT has published a detailed investigation alleging delays or failures in USDC stablecoin issuer Circle to freeze theft proceeds worth over $420 million since 2022. Dubbed the “Circle $USDC files,” the X thread highlights 15 cases in which the company took little to no action regarding illicit funds. USDC issuer Circle faulted for …
On April 2, 2026, the International Monetary Fund (IMF) published a note regarding real-world assets (RWAs), noting both their advantages and shortcomings in the financial industry. Entitled “Tokenized Finance,” the note acknowledges that permissioned shared ledgers, programmable assets (RWAs), and the smart contracts that connect the two, alter finance in terms of liquidity, settlement, and …
Stand With Crypto (SWC), a Coinbase-led advocacy group, has announced a voter mobilization drive intended to endorse crypto-supporting candidates for the November midterm elections. The team will focus on swing states such as Arizona and Pennsylvania, employing a dual strategy to advance their mission. SWC will encourage the use of its new voter hub, an …
Coinbase, the largest cryptocurrency exchange in the US, has expressed disapproval of the latest draft of the Clarity Act, which seeks to ban yields on stablecoins. Speaking in Senate offices during a Monday meeting, the company expressed concerns about the bill’s language and its intentions, saying it rejects the compromise meant to level the playing …
Lawmakers in Delaware have introduced the Delaware Payment Stablecoin Act, also known as Senate Bill 19, to foster cryptocurrency adoption in the state by providing clarity in stablecoin regulation. Delaware joins Florida in state stablecoin regulation Placed under Delaware banking law, the bipartisan bill borrows heavily from the GENIUS Act in order to remain compliant …
Under the leadership of Chairman Mike Selig, the Commodities and Futures Trading Commission (CFTC) has announced the launch of an Innovation Task Force to regulate emerging financial technologies. The task force focuses specifically on three areas: Blockchain and cryptocurrencies Artificial intelligence (AI) and autonomous systems Prediction markets and event contracts. CFTC Innovation Task Force to …
The latest draft of the Clarity Act, a bill seeking to provide better regulatory oversight in the crypto industry, has proposed a ban on stablecoin yields, while permitting active rewards on the same. Should this bipartisan bill get Senate approval, it would effectively ban passive interest on stablecoin deposits, but allow active rewards for using …
Big news for the crypto market. On March 11, the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission announced a historic Memorandum of Understanding (MoU). The agreement aims to improve cooperation between the two agencies, especially on crypto regulation and new digital asset products. SEC and CFTC Sign MoU To Work Together …
Paul Atkins, the Chairman of the US Securities and Exchange Commission (SEC), has detailed the collaborative approach between the SEC and the Commodity Futures Trading Commission (CFTC) in regulating the cryptocurrency industry. Speaking at the ongoing FIA International Futures Industry Conference in Boca Raton, Florida, Atkins said the “regrettable era of duplicative enforcement actions” was …
Binance Exchange plans to secure five additional regulatory licenses in Asia this year as it expands its presence in the region’s growing cryptocurrency market. SB Seker, Binance’s head of Asia-Pacific, shared the plan during an interview with Nikkei Asia in Tokyo. “We have five more planned for this year in Asia,” Seker said. The approvals …
On February 28, Wall Street giant Morgan Stanley (NYSE: MS) filed for a de novo national trust bank charter with the US Office of the Comptroller of the Currency (OCC). The bank intends to use this charter to become a legal custodian of cryptocurrencies, while offering crypto trading and staking to its investors. Should the …
The Trump-backed Bitcoin miner, American Bitcoin Corp. (NASDAQ: ABTC), has today revealed a 159% year-on-year (YoY) revenue upsurge in its Q4, 2025 earnings report. The company also saw a 22% quarter-on-quarter increase in revenue to $78.3 million, just 6 months after its debut on the US stock markets. The firm’s Bitcoin holdings have risen by …
Indiana has passed House Enrolled Act 1042, giving cryptocurrency an official legal definition. The law describes crypto as a digital asset that works without central control and uses encryption to create units and verify transfers. Payment stablecoins are not included. The measure also requires the state retirement board to offer at least one crypto investment …
Tech giant Meta Platforms Inc reportedly has plans to launch yet another dollar-backed stablecoin to support digital payments for its products. Sources close to the project said Meta will work with a third-party vendor to integrate the stablecoin and its wallet into Meta’s ecosystem in the early second half of this year. The company has …
A spokesperson from the White House has confirmed that U.S. President Donald Trump will offer no clemency to Sam Bankman-Fried (SBF), the founder and former CEO of the now-defunct FTX cryptocurrency exchange. The spokesperson added that Trump is the sole decider on a mercy release, and he is firmly rooted in granting no pardon to …
The Clarity Act Crypto 2026 narrative just took a punch to the gut. Polymarket odds collapsed from 82% to 53%, and suddenly the industry’s long-awaited regulatory “holy grail” looks like another stalled promise. For months, firms across crypto and traditional finance treated this bill as the framework that would finally divide oversight between the U.S. …
According to new research from Standard Chartered, the companies behind stablecoins are on track to become some of the biggest buyers of U.S. Treasury bills. Standard Chartered suggests that the U.S. government might start selling more short-term debt to keep up with this new demand. To make room for all those extra T-bills, the Treasury …
The U.S. Securities and Exchange Commission has made a subtle yet potentially far-reaching change regarding how broker-dealers handle stablecoins on their balance sheets. In a small update to its Broker-Dealer Financial Responsibilities FAQ, the agency clarified that stablecoin holdings can now be included in regulatory capital calculations. While the change may seem minor, it represents …
Kraken has integrated its over-the-counter (OTC) trading desk with ICE Chat, the institutional messaging platform operated by Intercontinental Exchange (ICE). Announced on February 17, 2026, the move enables more than 120,000 ICE Chat users to directly engage with Kraken’s OTC desk through the same system they use for traditional financial market activity. With this integration, …
Russia could begin blocking foreign cryptocurrency exchange websites as early as summer 2026, according to experts cited by RBC. The move may align with the government’s plan to introduce new crypto regulations by July 1, bringing digital asset trading under formal state supervision. At present, cryptocurrency trading in Russia operates mostly outside direct government control. …