US regulators push user ID requirements for stablecoin issuers akin to regula…
In recent developments, the proposed rules by US government agencies suggested that stablecoin issuers be subject to customer identification program requirements under the Bank Secrecy Act, the same as regulated…
Custodia, Vantage propose token that toggles between bank deposits and stable…
In recent developments, the proposed system aims to connect traditional banking infrastructure with blockchain-based payment networks with banks retaining customer deposits. Looking closer, market participants highlight key drivers such as…
Bitcoin decouples from tech stocks: Is $60K BTC’s next stop?
In recent developments, bitcoin’s slump accelerated as capital rotated further into the AI sector, raising the odds of a BTC price drop below $60,000. Looking closer, market participants highlight key…
S token drops 5% as 3 former execs resign from Sonic Labs board
In recent developments, andre Cronje, Michael Kong and David Richardson stepped down from the Sonic Labs board on Friday, while Matt Visser has been appointed as CEO, replacing Mitchell Demeter…
Malta proposes DeFi rulebook covering DAOs under MiCA-era framework
In recent developments, the Maltese regulator is seeking industry feedback on a legal framework for software-governed organizations, arguing that many DeFi projects are not fully decentralized. Looking closer, market participants…
Ether analysts predict another ‘selling wave’ as ETH struggles to overcom…
In recent developments, exchange inflows, slumping demand and a 31% drop in Ether futures open interest may signal that another wave of selling could hit ETH. Looking closer, market participants…
US crypto ETFs are pulling Bitcoiners into TradFi: BlackRock’s Jay Jacobs
In recent developments, the merger of crypto, decentralized finance and traditional finance is being referred to as the “Great Convergence” at BlackRock. Looking closer, market participants highlight key drivers such…
Celsius’ Mashinsky gets permanent trading ban in CFTC settlement
In recent developments, the US commodities watchdog has settled with Celsius founder Alex Mashinsky, ending the agency’s first-ever case against a crypto lending platform. Looking closer, market participants highlight key…
Microsoft warns users of ‘Crypto Clipper’ malware spread via USB drives
In recent developments, the malware blends data theft with remote code execution, “turning a financially motivated stealer into a lightweight backdoor,” Microsoft said. Looking closer, market participants highlight key drivers…
