Australia passed legislation on Wednesday, creating its first comprehensive regulatory framework for digital assets that requires crypto exchanges and custody providers to …
Crypto
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Markets
Todd Blanche, author of DOJ crypto enforcement memo, is now interim AG
by shayaanby shayaanU.S. President Donald Trump named Todd Blanche, his former personal attorney and deputy attorney general, as the interim top prosecutor. www.coindesk.com
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Regulation
FBI Sting Operation Exposes Crypto Price Rigging Network as 10 Foreign Nationals Charged, Over $1M Seized
by shayaanby shayaanFederal crackdown exposes alleged crypto price manipulation network, signaling intensifying enforcement risk for digital asset firms as authorities target coordinated trading schemes …
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Finance
Coinbase Has Crypto, But Can It Survive Robinhood’s $1.5 Billion Banking Blitz?
by shayaanby shayaanRobinhood Markets (HOOD) CEO Vlad Tenev announced that Robinhood Banking crossed $1.5 billion in deposits from nearly 100,000 funded customers, with deposit …
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Markets
Crypto market structure bill release pushed back as industries view revised stablecoin yield compromise this week
by shayaanby shayaanCrypto and banking industry representatives are viewing revised stablecoin yield compromise language this week. www.coindesk.com
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Mining
Quantum-Powered Crypto Mining Is Here—But It Won’t Help You Mine Bitcoin
by shayaanby shayaanIn brief Postquant Labs launched Quip Network, a blockchain testnet that allows mining with quantum computers or traditional hardware. The system replaces …
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Finance
Crypto asset manager CoinShares to list on Nasdaq after $1.2 billion SPAC deal
by shayaanby shayaanCoinShares, a leading European digital asset manager with over $6 billion under management, is set to begin trading on the Nasdaq Stock …
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Regulation
Texas Lt. Gov. lists crypto, prediction markets in charges for lawmakers
by shayaanby shayaanDan Patrick, Lieutenant Governor and President of the Senate in Texas, has included a study of prediction markets and crypto and blockchain …
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Markets
SoFi announces 24/7 banking hub that blends traditional cash with crypto
by shayaanby shayaanThe new service lets companies hold dollars, convert to stablecoins and move money instantly within a regulated bank. www.coindesk.com
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The city council of Haverhill, Massachusetts is set to consider a ban on cryptocurrency ATMs following a proposal for an ordinance introduced …