Kraken became the first crypto bank to receive a Fed master account on Wednesday. The banking industry is not pleased.
The dispute centers on whether crypto firms should be allowed to offer stablecoin yield, an issue that has stalled key negotiations.
A federal judge has sent Nevada’s cases against Kalshi and Polymarket back to state court, allowing regulators to seek temporary injunctions.
The vote marks one of the strongest bipartisan showings of this Congress, suggesting the package could clear further procedural hurdles.
David Miller, a white-collar attorney specializing in the defense of crypto clients, will lead the CFTC’s reduced enforcement team at a critical juncture for the agency.
The pledge follows examples of custody lapses that have exposed weaknesses in how South Korean authorities secure seized crypto.
The proposed rules would limit the ability of third parties to pass stablecoin rewards on to users, but experts are split on what the language could mean for America’s top crypto firms.
President Trump gave government agencies six months to phase out Anthropic's products after a clash over military safeguards.
Warren called WLFI's charter bid the "most disgraceful" corruption scandal, with the OCC's chief quick to defend the regulator's processes.
Republican and Democrat senators alike pushed back on imprisoned FTX founder Sam Bankman-Fried's support of the Clarity Act crypto bill.
The proposal details how banks, nonbanks and foreign issuers could operate stablecoins under U.S. banking supervision.
The four firms will now have free reign to experiment in a program that will inform final UK stablecoin rules set to be released later this year.
Kalshi revealed its first enforcement actions Wednesday, against a political candidate and an employee of YouTube star MrBeast.
The proposal would cap stablecoin holdings and curb yields, a move critics say could push liquidity overseas as stablecoins become a core revenue stream.
It marks the first use of the Protecting American Intellectual Property Act, targeting a firm accused of brokering stolen U.S. cyber tools.
Weeks after giving another $5 million to a pro-Trump PAC, the exchange received lawsuit aid from the CFTC and a bank charter from the Treasury Department.
World Liberty Financial is backing Coinbase on the crypto market structure bill debate, even as the White House criticizes the company.
Supporters say clearer rules are needed to replace informal supervisory pressure, as lawmakers and industry push Congress to settle crypto banking access.
The lawsuit alleges the trading firm positioned itself around undisclosed liquidity shifts as TerraUSD unraveled in 2022.
Prediction market Kalshi is trying to dissuade insider trading and market manipulation.
Another prominent crypto firm has secured a bank charter from the OCC, with Crypto.com joining Circle, Ripple, and others.
States are scoring victories against prediction markets when they invoke congressional intent, said a legal expert—and losing when they focus on narrower legal definitions.
Lawmakers warned that approving World Liberty Financial's bank charter application could jeopardize the legitimacy of the U.S. banking system.
Three engineers are accused of stealing sensitive mobile processor and cryptography files from Google and two other companies.
At ETH Denver, Caitlin Long said the ethics controversy around Trump-linked crypto projects has complicated Senate support.
U.S. prosecutors say the former defense contractor executive took about $1.26 million in crypto to transfer sensitive exploit tools tied to Five Eyes intelligence work.
Stablecoin incentives remain a key unresolved issue as lawmakers seek to advance digital-asset market-structure legislation.
The ruling clears a path for state action, leaving predictions-market operator Kalshi with limited options, according to one legal expert.
Bridge, the stablecoin firm of payments giant Stripe, was awarded conditional approval for a national trust banking charter.
CFTC Chairman Michael Selig hit back at states that have been challenging its authority to regulate prediction markets.