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Better Markets said the CFTC’s proposed framework to bring certain cryptocurrency transactions and exchanges under its oversight will leave investors less protected than under the SEC.
Rain joins a growing queue of crypto firms seeking federal trust charters, while community banks have just asked a court to overturn the OCC rules underpinning them.
OKX Money lets users hold, send and spend dollar-backed stablecoins, with qualifying USDG balances earning up to 10% APY.
ZachXBT says he infiltrated the network by posing as a customer, gaining information that helped trace funds from the $1.5 billion Bybit hack.
Fairshake said it would financially back 32 House candidates who all voted in favor of the CLARITY market structure bill in 2025, as the legislation remains in limbo in the Senate.
The bureau under the US Treasury said it was withdrawing two proposed rules on unhosted wallets and crypto mixers ”as part of the Trump Administration’s deregulatory agenda.”
The payments infrastructure company is seeking federal approval to offer stablecoin custody and related fiat services through a limited-purpose national trust bank.
CCI CEO Ji Hun Kim said that the organization “remains confident“ in the OCC’s approval of charters for crypto companies, despite a recent lawsuit and pushback from some lawmakers.
S&P Global’s new framework evaluates digital asset lending vaults across six risk categories as deposits in the sector climb to about $10 billion.
CFTC Chair Michael Selig claimed that the agency was using its “existing statutory authorities“ to address crypto regulation after Congress failed to advance a market structure bill.
Weak US jobs data has narrowed expectations for another Fed hike in October, offering Bitcoin some relief as investors continue to embrace the debasement trade.
Bitcoin’s highest weekly close in eight months formed low-timeframe resistance at the start of Monday’s US trading session.
