SEC and CFTC sign agreement to coordinate regulation, clarify crypto oversight, and reduce duplicative rules across US financial markets.
The post SEC and CFTC sign agreement to coordinate crypto and market oversight appeared first on Crypto Briefing.
Revolut receives PRA approval to launch a UK bank, enabling FSCS protected deposits and new services for its 13 million UK customers.
The post Revolut secures UK banking license enabling deposit and lending services appeared first on Crypto Briefing.
The move is a major step in Revolut's goal to become a global digital bank. Services like crypto and stock trading remain separate.
The lawsuit may intensify scrutiny on crypto exchanges, impacting regulatory approaches and stakeholder trust in the digital currency sector.
The post Binance sues The Wall Street Journal over allegedly false reporting that led to DOJ probe appeared first on Crypto Briefing.
Kalshi's first move outside the United States is not London, not Singapore, not any of the financial centers that have spent years building crypto-friendly regulatory frameworks. It is Brazil, through XP International and its brokerage arm, Clear, offering prediction markets to Brazilian investors as a “new asset class” anchored at launch to economic events such […]
The post Kalshi’s Brazil prediction market launch lands in a country already fighting a betting addiction crisis appeared first on CryptoSlate.
The investigation could impact global crypto regulations and highlight vulnerabilities in financial systems used for sanction evasion.
The post DOJ opens probe into Iran’s alleged use of Binance to evade sanctions: WSJ appeared first on Crypto Briefing.
The bill comes as the CFTC reviews its approach to event-based prediction markets, preparing new guidance to clarify how they should operate.
Consumers agree by a 6-to-1 margin that stablecoin yield laws “should be cautious and not take any steps that could undermine our existing financial system."
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Nasdaq's latest tokenization push is another attempt to bring stocks onto blockchain rails. Yet the real significance lies more in the structure. Rather than endorsing the offshore model of stock wrappers and synthetic equity exposure, Nasdaq is trying to build a version where the token is the share. As a result, the token shares the […]
The post People traded $25B of crypto stock tokens that do not make them stockholders appeared first on CryptoSlate.
The partnership could revolutionize prediction markets by enhancing transparency and trust, potentially setting new industry standards.
The post Polymarket partners with Peter Thiel’s Palantir to build AI-powered oversight tools appeared first on Crypto Briefing.
Cardano's recent updates look unremarkable when read one by one: a ratified long-term vision, a stricter constitution, better governance indexing, a formal-verification push, and new treasury guardrails. However, they point to a larger shift when taken together. At the same time, Europe's MiCA regime is pushing crypto toward greater accountability, while Cardano is positioning itself […]
The post Cardano spent years looking slow. Now that may help it win in crypto’s rule-heavy era appeared first on CryptoSlate.
Starknet is developing the STRK20 framework to enable privacy-focused stablecoins and other assets with built-in confidentiality.
CFTC Chair Michael Selig said the agency is drafting asset taxonomy, DeFi guidance and leveraged trading rules.
Financial services firm Aon accepted USDC and PYUSD stablecoins for Coinbase and Paxos's insurance premium payments.
Anthropic's legal battle highlights tensions between AI ethics and national security, potentially reshaping tech-government collaborations.
The post Anthropic files lawsuit against US government over supply chain risk label appeared first on Crypto Briefing.
The US Treasury's acknowledgment of legitimate crypto mixer uses may shift regulatory focus, potentially boosting privacy-focused crypto investments.
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The Bank Policy Institute is reportedly weighing a lawsuit against the OCC over national trust charters for crypto and fintech firms.
The suspension highlights the increasing regulatory scrutiny on crypto exchanges, potentially reshaping compliance standards industry-wide.
The post South Korea’s Bithumb faces six-month partial suspension over AML failures appeared first on Crypto Briefing.
On Mar. 5, Justin Sun reached a $10 million settlement with the SEC to resolve a civil fraud case that alleged he generated $31 million through wash-trading-style transactions and undisclosed celebrity promotions. The settlement, which requires court approval and includes no admission of wrongdoing, moves the case toward dismissal. The same day, US banking regulators […]
The post SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun appeared first on CryptoSlate.
Log in to Coinbase next tax season, and your tax documents might no longer arrive by mail. Under a new IRS proposal, crypto exchanges could be required to file Form 1099-DA electronically. This form reports digital asset trades, and could refuse to do business with customers who decline to provide it. The comment period closes […]
The post Refusing new IRS crypto tax forms could cost you your exchange account appeared first on CryptoSlate.
Excluding stablecoins from corporate crypto investments in South Korea may limit market growth and innovation, affecting global crypto dynamics.
The post South Korea moves to exclude USDT, USDC from corporate crypto investment rules appeared first on Crypto Briefing.
Susquehanna backed crypto trading firm BlockFills seeks restructuring after losses, frozen withdrawals, and a lawsuit from a customer.
The post Crypto trading firm BlockFills explores restructuring amid losses and customer lawsuit appeared first on Crypto Briefing.
Washington lawmakers are moving on multiple fronts to curb the most politically toxic corners of prediction markets after millions of dollars flowed into bets tied to US-linked military action in Iran. Over the past week, several Democratic lawmakers have been pursuing multiple paths to rein in the fast-rising business. One effort, led by Rep. Mike […]
The post After $679 million in Iran war bets, Democrats move to ban prediction markets tied to military action appeared first on CryptoSlate.
Florida passes stablecoin bill creating licensing and compliance rules for issuers awaiting Gov. Ron DeSantis signature.
The post Florida becomes first US state to pass stablecoin framework appeared first on Crypto Briefing.
Senate Bill 314 provides a framework for payment stablecoin issuers in the state, aligning with federal GENIUS Act standards.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The penalty underscores the critical need for robust system safeguards to prevent costly disruptions in financial markets.
The post NYSE hit with $9 million SEC penalty over 2023 market disruption appeared first on Crypto Briefing.
Kalshi faces a class action over a $54M prediction market on Iran Supreme Leader Ali Khamenei leaving office.
The post Kalshi faces class action over $54M bet on Iran leader’s departure appeared first on Crypto Briefing.
This dispute highlights the need for clear licensing in DeFi, potentially impacting collaboration and innovation in the crypto space.
The post Curve Finance accuses PancakeSwap of copying stableswap code without permission appeared first on Crypto Briefing.