Regulation
US Treasury seeks public input for state-level stablecoin regulations
The Treasury published its notice of proposed rulemaking as the market capitalization of dollar-pegged stablecoins neared $300 billion.
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Regulation
Citadel-backed EDX Markets applies for U.S. trust charter to expand institutional crypto services
EDX Markets, the cryptocurrency trading platform backed by Citadel Securities, has filed an application with U.S. regulators for a trust charter to expand its institutional digital asset services. The move represents a significant step in the company's strategy to broaden its offerings beyond spot trading to include
Security
Solana DeFi platform Drift confirms 'active attack' as $200M+ leaves platform
Solana-based decentralized finance platform Drift has confirmed it is experiencing an "active attack" that has resulted in over $200 million leaving the platform. The protocol advised users to immediately halt all deposits while its team investigates the ongoing security incident. Drift has not disclosed specific details about the
Regulation
Treasury issues GENIUS Act rule proposal, seeks comment on state oversight for smaller issuers
Members of the public will have 60 days to respond to the Treasury’s notice of proposed rulemaking in the Federal Register.
Regulation
CFTC chair says agency is ready to oversee entire crypto market
Michael Selig summarized his first 100 days overseeing the commodities regulator since being confirmed by the US Senate in December.
Technology
Google AI whitepaper: ‘Algorand is the perfect example of post-quantum computing’ – ALGO jumps 24%
It was tempting to think that the quantum vulnerabilities paper was the catalyst needed for bulls to launch ALGO back into a bullish trend.
Macro
Who is Kevin Warsh? Trump’s Fed pick wants ‘regime change’ at central bank
US President Donald Trump nominated Kevin Warsh to lead the Fed, but the financier’s plans to lower interest rates may come up against hard economic realities and a split board.
Exchange
Franklin Templeton agrees to buy CoinFund spinoff to expand crypto investment offering: WSJ
Following the close of the deal, its new crypto arm will be called Franklin Crypto, with strategies focused on institutional investors.
Regulation
Fed’s Barr invokes Panic of 1907 in warning on stablecoin rules
US Fed Governor Michael Barr said clearer US rules could help the market grow, but warned that GENIUS Act implementation must still guard against runs, weak reserves and illicit finance.
Market
Crypto asset manager CoinShares to list on Nasdaq after $1.2 billion SPAC deal
European crypto asset manager CoinShares has announced plans to go public on Nasdaq through a $1.2 billion SPAC (Special Purpose Acquisition Company) merger. The deal will see CoinShares combine with a blank-check company to achieve its U.S. stock exchange listing, marking a significant milestone for the digital asset
Security
US indicts 10 foreign nationals for alleged crypto wash trading scheme
US juries indicted 10 executives and employees at Gotbit, Vortex, Antier, and Contrarian for allegedly conducting wash trading.
Regulation
Australia passes crypto regulation requiring exchanges to obtain financial services licenses
Australia has officially enacted comprehensive cryptocurrency regulation requiring all digital asset exchanges operating in the country to obtain Australian Financial Services Licenses (AFSL). The legislation, passed by Parliament this week, establishes a formal regulatory framework for the crypto industry as authorities eye what they describe as a AUD $24 billion