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Crypto news and analysis in this category · 438 stories
First Crypto Banks Registered in BelarusThe first crypto banks have been registered in Belarus. They will operate in the High Technologies Park under a special regime for digital asset transUS Senate Probes Iran’s Use of USDT; Tether Freezes $550MThe US Senate is investigating Iranian use of USDT and Tether’s blocking measures. Tether reports freezing nearly $550 million in USDT linked to Iran.SFC and AFRC of Hong Kong Extend Reporting Oversight to Crypto FirmsHong Kong regulators SFC and AFRC signed a new MoU expanding reporting and audit oversight to licensed virtual asset providers, replacing the 2021 MoUKorea's FSC to Review Market Making After JPYC Quadruples on UpbitSouth Korea's FSC is considering market making for digital assets after JPYC on Upbit surged from 12 to 37.6 KRW on September 17, over 4 times the marFederation Council Advisory Board: Consider Allowing Cryptocurrency as CollateralThe Federation Council Advisory Board recommended that the Ministry of Justice and Bank of Russia consider allowing cryptocurrency, including stablecoCalifornia bans memecoins from officials; providers restricted from 2027Governor Newsom signed AB 2409, banning California officials from issuing memecoins and providers from offering related tokens starting January 1, 202Australia Summons OpenAI and Anthropic CEOs for Senate HearingAustralia has summoned OpenAI's Sam Altman and Anthropic's Dario Amodei for Senate AI hearings after an OpenAI agent accessed medical data. NotificatiMichael Saylor Proposes Five-Freedom Digital Bill of RightsMichael Saylor proposed a five-freedom digital bill of rights. Strategy bought 950 BTC for $75.7M, bringing its total holdings to 846,000 BTC.Kalshi Loses Appeal in 6th Circuit, Path to Supreme CourtThe 6th Circuit Court of Appeals rejected Kalshi's appeal, siding with Ohio and Tennessee. The case could proceed to the Supreme Court after similar 9SEC Commissioner Hester Peirce to Step Down on October 2SEC Commissioner Hester Peirce will resign on October 2 after about eight years. Since February 4, 2025, she led the Crypto Task Force. Her term endedCFTC Sues Cash FX in $950 Million CaseThe CFTC has filed a lawsuit against Cash FX, The Conversion Pros, and three individuals in a $950 million case; participants lost at least $406 milliOG.com Files CFTC Application for Perpetual Futures on Single StocksOG.com has submitted rules to the CFTC to list cash-settled perpetual futures on single U.S. stocks with 24/5 trading; the platform is valued at $5 biSEC Clarifies: A Token Alone Is Not a SecurityThe SEC clarified that a token by itself is not a security; its status depends on the sale scheme and profit promises. This is staff guidance, not newBlockchain Association: Summer Mersinger to Step Down as CEO on October 16Blockchain Association announced Summer Mersinger will step down as CEO on October 16 and leave by year-end; Kristin Smith to serve as interim head. CIRS: 21% of Investors Await Data from Exchanges Under New RulesIn the first 1099-DA season without cost basis, 21% of 1,000 Awaken Tax survey respondents are waiting for data from exchanges; one in five finds the Tether: Portion of Funds Frozen Amid Capstone $84M CaseThe US DOJ seeks to seize about $84M from Capstone, with Tether stating its EQIBank funds are less than 0.034% of total assets.Bank of Russia: Crypto Firms Face Challenges Entering Regulated MarketVladimir Chistyukhin, First Deputy Governor of the Bank of Russia, said crypto firms without legal market experience will find it hardest to enter regRosfinmonitoring: Over 80 Banks Connected to Transparent BlockchainRosfinmonitoring reports that more than 80 Russian banks now use the Transparent Blockchain system to monitor crypto transactions, up from 5 at the enSamourai Wallet Co-Founder and 70 Others to Be TransferredAfter the closure of a treatment program at FCI McKean, Samourai Wallet co-founder Keonne Rodriguez and 70 others will be moved to other prisons. His KelpDAO Files Lawsuit Against LayerZero Over $292M HackKelpDAO has filed a lawsuit in Canada against LayerZero and CEO Bryan Pellegrino over the April hack of the KelpDAO bridge, with $292 million in rsETHCFTC Updates Guidance on Tokenized Assets and Blockchain RecordkeepingThe CFTC updated its FAQ, allowing client funds in tokenized assets with equal rights and blockchain recordkeeping. The Senate failed to advance the CFederal Reserve Opens Discussion on Stablecoin Issuer RulesThe Federal Reserve has released proposals for regulating stablecoin issuers under GENIUS, with a 60-day comment period and requirements for full reseBank of Russia Approves Rules for Crypto Exchanges and Digital DepositoriesThe Bank of Russia has approved admission rules for crypto exchanges and digital depositories, effective October 5, 2026. Decisions in 30 or 60 days.New York Files Lawsuit Against Polymarket Over 'Illegal Gambling'New York Attorney General Letitia James has filed a lawsuit against Polymarket, alleging illegal sports contracts. The state may seek to block access