Market
Stablecoin Market to Hit $2 Trillion in 2028 Even as Velocity Doubles: Standard Chartered
Standard Chartered says stablecoin velocity has doubled in two years, driven by USDC's new use cases in TradFi and AI payments.
Latest
Regulation
Russia moves to narrow crypto trading to regulated intermediaries
Russia approved a draft crypto bill package that would push trading through licensed intermediaries and cap retail purchases at $3,700 annually.
Regulation
Dubai’s VARA imposes margin, governance, and disclosure rules on crypto trading and derivatives
Dubai’s VARA issued new rules mandating governance, disclosure and risk controls for VASPs offering crypto derivatives and exchange services.
Technology
South Korea’s KB Card taps Avalanche for ‘hybrid’ stablecoin credit card
KB previously stated that it is developing a hybrid card that enables customers to use stablecoins on their existing credit cards.
Security
Quantum computers need far less qubits to crack crypto than thought: Google
Google has updated its estimates of the quantum computing resources needed to break elliptic curve cryptography.
Regulation
KuCoin operator barred from U.S. after CFTC order, following $297 Million DOJ case
The Commodity Futures Trading Commission (CFTC) has permanently barred KuCoin from operating in the United States, marking the culmination of regulatory enforcement actions against the cryptocurrency exchange. The order follows a $297 million settlement with the Department of Justice, representing one of the largest penalties imposed on a crypto exchange
Regulation
US Labor Department proposes opening 401(k) plans to crypto to implement Trump order
The move follows Trump's August executive order directing the Labor Department to facilitate the inclusion of crypto in 401(k) plans.
Regulation
Senator Questions SEC Over Treatment of Trump-Linked Crypto Businesses
Senator Richard Blumenthal wants the agency to answer whether it softened enforcement against allies of President Donald Trump.
Security
Maryland man charged in $54 million Uranium Finance hacks faces up to 30 years
A Maryland man could face up to 30 years in prison after prosecutors say he conducted two hacks of crypto exchange Uranium Finance.
Regulation
Senator raises alarm following former SEC enforcement lead’s short tenure, decision to drop Justin Sun charges
Sen. Blumenthal raised concerns over the brief tenure of the SEC's former enforcement director, citing reports over its handling of cases.
Regulation
GOP senators unveil ‘Mined in America Act’ to expand crypto mining, cement strategic bitcoin reserve
Republican Sens. Cynthia Lummis and Bill Cassidy introduced a bill that would bolster digital asset mining.
Technology
Square rolls out Bitcoin payments at POS for eligible US merchants
Rolling out over the coming month, a Block executive said Bitcoin payments at point-of-sale will be automatically enabled and settled in US dollars by default.