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CFTC Chair Michael Selig warned regulators may end up writing crypto rules if Congress fails to pass the Clarity Act.

#exclusive #the block #companies

Some experts have argued the greater risks posed by quantum computing revolve around a failure to implement new technology.

#markets #bitcoin #the block #token projects #strategy #companies #crypto ecosystems #layer 1s #public equities

BitGo CEO Mike Belshe said single-digit bitcoin ownership levels make sense for large holders like Strategy after its $216 million sale.

#the block #companies #crypto ecosystems #finance firms #tradfi banks

Swift launched a blockchain-based ledger that enables 17 banks to pilot 24/7 cross-border payments using tokenized deposits.

#policy #crime #regulation #legal #anti-money laundering #the block

The operation uncovered a crypto laundering network using cross-chain swaps to obscure funds, with one wallet processing $122.5M in 10 months.

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The move aligns with similar announcements from other major Russian banks, amid the development of the country's crypto law.

#policy #regulation #web3 #asia #the block #companies #crypto ecosystems

The trust bank subsidiary, Connectia Trust, is expected to issue and manage a dollar-backed stablecoin, pending final approval.

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Visa and Circle will participate in Hyundai Card's second stablecoin PoC, which is set to begin later this month.

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AscendEx announced on July 6 that its platform ceased operations effective July 1, citing regulatory, financial, and operational challenges.

#policy #regulation #senate banking committee #the block #u.s. policymaking #senate finance committee

Democratic Sen. Ron Wyden is urging Senate leaders to ensure a provision protecting blockchain software developers remains in the crypto bill.

#tokenization #markets #defi #infrastructure #exclusive #governance #web3 #tokens #wallets #the block #token projects #companies #crypto ecosystems

Binance Wallet has added Plume's yield vault, giving users access to tokenized funds managed by Invesco and Bitwise.

#defi #web3 #farcaster #the block #companies #crypto ecosystems #social platforms

Zapper, which started as a portfolio tracker, raised a $15 million Series A led by Framework Ventures in May 2021.

#markets #policy #regulation #block #the block #companies #public equities

Block Inc. has agreed to pay $45 million to settle allegations brought by regulators in nearly every U.S. state.

#markets #paradigm #web3 #venture capital #the block #deals #companies #crypto ecosystems #organizations #new vc funds

Crypto venture firm Paradigm has raised its fourth fund, a $1.2 billion vehicle that will invest in crypto, AI, robotics, and other startups.

#tokenization #policy #regulation #web3 #the block #european commission #crypto ecosystems #international policymaking #eurozone regulation

The European Commission is reportedly seeking comment from stakeholders on expanding MiCA rules until Sept. 30.

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The exploit, which leveraged a flaw in the wallet's address generation system, drained roughly 16 million ADA worth about $2.4 million.

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Besides the sports partnership, Ripple has committed to fund financial and technology education programs for student-athletes.

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Strategy sold 3,588 BTC last week, with CF Benchmarks suggesting continued sales would become a concern if they stop being a choice.

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BNB Chain is building a new Layer 1 for agentic trading with sub-50ms preconfirmation and no public mempool, targeting testnet by end-2026.

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India's central bank called for banks to be barred from crypto exposure as it reiterated support for tighter restrictions on digital assets.

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Nigel Farage resigned as an MP amid two probes over gifts from Tether investor Christopher Harborne and convicted fraudster George Cottrell.

#markets #the block

Bitmine's most recent disclosure shows that it holds 5.74 million ETH, roughly 4.8% of Ethereum's circulating supply.

#policy #regulation #the block #companies

The judge said New York gambling laws, as applied to Kalshi's sports-event contracts, are not preempted by the federal Commodity Exchange Act.

#policy #regulation #kraken #exchanges #fdic #the block #occ #companies

Payward sued its former auditor, Mazars, for abandoning a nearly complete audit during Operation Choke Point 2.0.

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The CFTC charged a NC man and his company after the agency said he swindled about 60 people out of $14 million in a commodity pool.

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Collateral can be partially liquidated, however, if a borrower misses an interest or maturity payment and fails to pay within a grace period.

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Project Tachyon outlined new details of its verification effort for Zcash's upcoming Ironwood shielded pool.

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Institutional crypto platform EDX Markets has closed a $76 million Series C funding round, with Japan's SBI Holdings as the sole investor.

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Last year, the tokenized real-world asset issuer launched 24/7 onchain access to more than 100 U.S. stocks and ETFs.

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The SEC is laying the groundwork for cryptocurrency rule changes before the end of the year, with a blueprint for exchanges and brokers.