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CFTC presses case that sports betting is finance, seeks to block Arizona enforcement
Federal lawsuit argues event contracts are swaps under U.S. law, not state-level gaming law, deepening a split with s…
Bithumb turns to legal action to recover lost bitcoin in ‘fat finger’ incident: report
Most recipients of the 'fat finger' error have voluntarily returned the bitcoin, but some insisted they are not oblig…
Bored Ape Yacht Club maker Yuga Labs settles with ‘expressive appropriation artist’ Ryder Ripps in long-running trademark case
Bored Ape Yacht Club maker Yuga Labs and the defendants Ripps and business partner Jeremy Cahen have agreed to settle.
SEC appoints David Woodcock as new enforcement director amid concerns over previous lead, agency’s crypto cases
The SEC has appointed a new enforcement director following the departure of its former chief, a transition that raise…
US Treasury unveils proposed stablecoin rules targeting money laundering, sanctions
The U.S. Treasury's sanctions agency and its financial crimes bureau released a joint rule proposal for stablecoin is…
South Korea proposes cryptocurrency law with bank-style rules for stablecoins
Draft bill outlines comprehensive framework for digital assets, including licensing, issuance and oversight
The Protocol: Bernstein says quantum threat to Bitcoin is real but manageable
Also: North Korea’s 6-month plot with Drift, Solana Foundation’s new ad and Alchemy AI.
U.S. Treasury proposes demands that stablecoin firms be set to police bad transactions
The U.S. is pitching new rules for stablecoin issuers to treat them like every other financial firm that must maintai…
RWA network Pharos lands a $1 billion valuation in $44M funding round ahead of mainnet debut
The company is building an "asset-native" network designed to handle regulated financial activity at scale, targeting…
White House study bolsters crypto's stance in stablecoin yield fight against bankers
White House economists said banning rewards wouldn't significantly boost banks' financial health, amplifying the cryp…
Quantum threat to Bitcoin is real, but manageable, according to Wall Street broker Bernstein
The broker said advances in quantum computing are accelerating the timeline for crypto risk, but argued Bitcoin faces…
Securitize tapped to tokenize Currenc’s ordinary shares
Leading tokenization firm Securitize was recently named as the first digital transfer agent in the NYSE’s onchain s…
White House study finds limited risk to banks from stablecoin yields amid regulatory debate
White House economists say stablecoin rewards are unlikely to materially weaken bank lending, countering warnings of …
South Korea takes away exchange discretion in a major anti-phishing crackdown
The new rules apply uniform criteria for withdrawal exceptions based on account history and transaction patterns.
South Korea to bring RWAs and stablecoins under existing financial frameworks: report
South Korea’s ruling party has also reportedly proposed banning yield on stablecoins, amid ongoing debate in the U.S.
SEC admits ‘flaws’ in past crypto enforcement, cites misreading of securities law
The SEC said it addressed past enforcement flaws by dismissing seven crypto cases, including those against Binance an…
DOJ rejects Tornado Cash co-founder Roman Storm’s latest bid to dismiss charges
Prosecutors said the Supreme Court ruling cited by attorneys representing Tornado Cash developer Roman Storm was 'ina…
Bitcoin jumps on US-Iran ceasefire talks, long-term rally remains uncertain: analyst
One analyst noted that a full resolution is needed for the current upward momentum to be translated into a long-term …
GSR partners with SC Ventures-backed tokenization firm supporting its web3 ‘investment bank’ strategy
By partnering with Libeara, GSR is positioning itself as a full-service, end-to-end, global digital asset and RWA cap…
FDIC proposes ruleset for stablecoin issuers following GENIUS enactment
The FDIC proposed a rule to establish a regulatory framework for stablecoin issuers and is seeking public input.
Stablecoin issuers get closer to U.S. federal rules with FDIC's new proposal
The Federal Deposit Insurance Corp. approved a proposed rule to govern the issuers, even as the Senate continues to d…
Solana-based Stabble tells LPs to withdraw funds after identifying former North Korean employee
Worried about a former employee with alleged ties to North Korea, Stabble told liquidity providers to withdraw funds.
Democrats press Selig on CFTC oversight of offshore prediction market war bets
Democrats are urging the CFTC to crack down on prediction markets that allow users to bet on certain events.
CME Group to offer 24/7 crypto derivatives trading May 29, adding Avalanche and Sui contracts
The world's largest derivatives exchange is also expanding its crypto suite to include Avalanche (AVAX) and Sui (SUI)…
New crypto fight with the SEC could decide whether Wall Street keeps control when stocks move to blockchain
Citadel Securities' latest SEC filing and Blockchain Association's response expose something more consequential: an e…
Crypto apps are shutting down as billions move into Bitcoin ETFs and stablecoins
More than 80 crypto projects formally shuttered or began winding down in the first quarter of this year. RootData’s…
Solana Foundation launches STRIDE program to fortify ecosystem security
Solana Foundation launched new security initiatives with Asymmetric Research that are offered to the entire ecosystem.
SEC close to putting out 'reg crypto' for fundraising questions, Chair Atkins says
The Securities and Exchange Commission will address fundraising and startup exemptions in this proposal, Paul Atkins …
SEC crypto safe harbor heads to White House review, proposal due ‘shortly’ says Atkins
A proposed safe harbor framework to allow crypto projects to launch without needing to register right away is now in …
Crypto Tokenization Boom Or Time Bomb? Four Hidden Risks Wall Street Is Ignoring
A new report claims crypto tokenization is a structural overhaul of market plumbing, not just an efficiency tweak. Cr…