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The GENIUS Act turns 1: State of Crypto
The stablecoin-focused GENIUS Act became a law a year ago.
France orders internet providers to block Polymarket ahead of World Cup final
The order cuts French users off ahead of the World Cup final, which will settle the largest event markets in the indu…
US regulators miss GENIUS Act’s one-year deadline for final stablecoin rules
The delay does not postpone the law’s Jan. 18, 2027 effective date, leaving regulators and stablecoin issuers with …
France orders country's internet service providers to block Polymarket
The regulator cited concerns over addictive mechanics, a lack of self-exclusion tools, and a high volume of French us…
FTX to distribute roughly $900 million to creditors in fifth wave of payouts
So far the company's bankruptcy estate has distributed nearly $10 billion to creditors and other claimants since rep…
Kraken Borrow Update Turns Idle Collateral Into A More Flexible Trading Tool
Kraken Borrow Update Turns Idle Collateral Into A More Flexible Trading Tool is worth covering because it sits inside…
Dutch crypto exchange collapses exposing customer balances’ true value amid multi-million-euro hole
The court found an undisclosed deficit and said Knaken cannot repay customers in full, leaving recovery to an indepen…
Taiwan sentences BitShine crypto exchange ringleader to 22 years in $39 million fraud case: reports
The defendant reportedly led a criminal group that operated under the guise of BitShine, which was once registered wi…
UK gang jailed over $5.4 million crypto scam posing as police
The gang impersonated police officers and used convincing fake police websites to steal more than £4M in cryptocurre…
‘We’re going to get it done’: Crypto bill faces what could be final test over Trump conflicts of interest
Optimism is brewing to get a crypto bill passed, with some variations on timing as onlookers wait to see how ethics w…
Trump’s longtime teleprompter operator accused of using insider knowledge to place bets on Kalshi: ABC News
President Trump's teleprompter is under scrutiny following a report alleging that he used insider knowledge to place …
US jury indicts South Dakota crypto investor on 29 counts over alleged $20 million investor fraud
DOJ indicted Sioux Falls crypto investor Benjamin Paul Wiener on 29 counts over an alleged $20 million fraud, with a …
Tether invests $20 million in Ualá as the fintech firm reaches $3.2 billion valuation
Tether invested $20 million in Argentine neobank Ualá, joining a $197 million funding round that valued the fintech …
Jeff Booth, Lyn Alden-backed ORANGE JUICE raises $40 million to launch permanent capital firm with bitcoin treasury strategy
ORANGE JUICE raised $40 million to acquire businesses, pursue a bitcoin treasury strategy, and implement a permanent …
Lummis, Gallego secure unanimous Senate approval opposing Sam Bankman-Fried clemency
The U.S. Senate unanimously approved a resolution opposing a presidential pardon or commutation for convicted FTX fou…
U.S. Senate unanimously opposes clemency for FTX founder Sam Bankman-Fried
The nonbinding resolution passed without objection after Bankman-Fried asked for clemency, months after Trump pardone…
California pair charged with laundering crypto proceeds from darknet fentanyl sales
The pair allegedly shipped over 500 drug parcels over a seven-month period and laundered hundreds of thousands of dol…
‘Hugely positive’ meeting on Thursday with Trump to discuss ethics raises hopes for passage of sweeping crypto legislation
Ethics will be front and center Thursday at a meeting with President Donald Trump, a small group of lawmakers and Whi…
US government sends $288M to Coinbase putting Bitcoin reserve rules into question
The transfer highlights unresolved custody rules, while the public evidence identifies a deposit rather than a govern…
Coinbase’s Jesse Pollak hands Base app leadership to Cobie after admitting social bets fell short
Coinbase executive Jesse Pollak will focus on Base blockchain's infrastructure, prioritizing trading, stablecoin paym…
Kraken Institutional taps Upshift to build vaults that earn yield on idle bitcoin, ETH and stablecoins
Upshift will build dedicated vaults tailored to each client’s specific investment strategy and risk considerations.
Kraken Pro Launches API Partner Program Supporting Specialized Integrations
The market has had plenty to digest this week, so not every headline deserves the same treatment. This one does, beca…
William Blair cuts Coinbase forecasts but says crypto downturn nearing a bottom
William Blair expects Coinbase's earnings to bottom in the second half of 2026 before rebounding next year.
White House expected to meet with senators to work on ethics concerns in crypto bill
The most contentious piece of the crypto market structure bill is unresolved in the final weeks of Senate runway, and…
South Korea to modify 76-year-old law to classify cryptocurrencies as national assets
The government also reaffirmed plans to pilot tokenized government bonds next year and explore tokenizing state-owned…
DTCC begins first tokenized stock and Treasury production trades involving JPMorgan, BlackRock and Goldman
JPMorgan will tokenize part of its Invesco QQQ Trust holdings held at DTCC, while Microsoft, Circle, and SPY shares w…
Kraken Launches Spending Upgrades Enabling Direct Account Balance Card Settlement
Crypto does not move on one kind of catalyst. Some days it is price, some days it is policy, and some days it is infr…
Circle suspended Tether-backed fund over market manipulation concerns, arbitration filings show
Circle suspended Heka Funds over suspected market manipulation after learning Tether had invested $800 million in the…
Japan reclassifies crypto as a financial asset, paves way for tax cuts
Lawmakers said crypto has outgrown its role as a payment method and requires rules designed for investment products.