Circle and Tether Blacklist Stablecoins After Bitget Exploit, Leaving Most Funds Unreachable
Circle and Tether blocked about $318,000 in USDC and USDT tied to the Bitget breach, but the attacker kept most of the loot in Ethereum.
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Tether Says Exposure to Bank Tied to $84 Million Seizure Was Minimal
Tether disclosed that assets held at the bank implicated in a DOJ seizure represented only a fraction of its total holdings.
Blockchain Association appoints interim chief as crypto policy setback looms
The industry group taps former founder Kristin Smith as interim CEO after Summer Mersinger departs following a Senate defeat of the Clarity Act.
Blockchain Association CEO steps down after Senate cloture defeat on stablecoin bill
Former CFTC commissioner Summer Mersinger will leave the Blockchain Association following a Senate vote that stalled a key stablecoin proposal.
OG.com files with CFTC to launch perpetual futures on US equities
OG.com is seeking CFTC clearance to list cash-settled, never-expiring futures on individual US stocks.
Sixth Circuit rules Kalshi’s sports contracts fall under state gambling law, not CFTC jurisdiction
A federal appeals court determined that Kalshi’s sports-related prediction contracts are not swaps, placing them under state gaming regulations.
DOJ Seeks to Forfeit $84 Million Linked to Tether Payments Through Capstone
U.S. prosecutors have filed a civil forfeiture action to seize $84.2 million that moved through accounts tied to a payments firm used by Tether.
SEC veteran Hester Peirce exits as agency rolls out new crypto guidance
Commissioner Hester Peirce will leave the SEC on Oct. 2, coinciding with fresh policy clarifications on token classification and tokenized securities.
CFTC staff urges tighter safeguards for political speech prediction contracts
The Commodity Futures Trading Commission highlighted manipulation risks in speech-based prediction markets and asked exchanges to detail their controls.
UK Couple Targeted in Crypto Home Invasion, Crimestoppers Offers £10,000 Reward
A West Midlands couple were forced to transfer cryptocurrency during a violent home invasion, prompting a £10,000 reward for information.
New York Attorney General Targets Polymarket Over Sports-Betting Contracts
New York has filed a lawsuit accusing Polymarket of running illegal gambling activities through its sports-related prediction contracts.
California Users Sue OpenAI Over Human Review of ChatGPT Conversations
A proposed class action claims OpenAI let contractors read private ChatGPT chats without proper disclosure, prompting demands for consent and policy changes.
TRON’s $30 trillion transaction legacy faces compliance crossroads
TRON has moved over $30 trillion since launch, but growing illicit use and regulatory pressure could curb its expanding role in payments and institutional…
Federal Reserve unveils two rule proposals to operationalise the GENIUS Act for stablecoins
The U.S. central bank released draft regulations that would set capital standards and outline how banks may issue stablecoins, opening a 60-day comment period.
New York Attorney General targets Polymarket with unlicensed gambling lawsuit
New York has filed a lawsuit against Polymarket, alleging the prediction-market platform operates without a state gaming license and seeking triple damages…
New York Attorney General sues Polymarket over alleged illegal gambling activities
New York officials have filed a lawsuit against Polymarket, claiming the prediction platform operates without a state gambling license.
New York Attorney General sues Polymarket over alleged illegal gambling operation
New York officials allege the crypto prediction platform ran an unlicensed gambling business and seek penalties and forfeiture.
Federal Reserve outlines new capital and redemption rules for stablecoin issuers
The Fed’s draft framework imposes tiered capital charges, faster redemption windows and stricter reporting for stablecoin providers.
Federal Reserve Proposes Full-Reserve Backing and New Application Process for Stablecoin Issuers
The Fed released two rule proposals that would require stablecoins to be fully collateralized with liquid assets and set a detailed licensing path for banks.
CFTC Refines Rules for Tokenized Assets as Congressional Action Stalls
The CFTC clarified that firms may hold client funds in tokenized form and use blockchain for recordkeeping after the CLARITY Act vote failed.