CFTC Targets Emerging Tech Oversight Framework Regulatory priorities for emerging financial technologies advanced as the Commodity Futures Trading Commission (CFTC) announced on March 24 that Chairman Michael S. Selig has formed the Innovation Task Force. […]
Stablecoin issuer Tether said it would hire one of the “Big Four” accounting firms to conduct a full audit of its reserves for the first time. In a Tuesday notice, Tether said that the accounting […]
US Senators Adam Schiff and John Curtis are expected to introduce a bipartisan bill on Monday that would bar sports betting and “casino-style” contracts from prediction markets regulated by the Commodity Futures Trading Commission (CFTC), […]
Core Scientific, a Nasdaq-listed company that operates data centers for Bitcoin mining and AI workloads, announced it has secured a total of $1 billion in strategic financing, including $500 million from JPMorgan. In a Monday […]
Stablecoin issuers and fintech-linked firms are launching payment-focused blockchains as they try to control more of the settlement infrastructure behind US digital-dollar transfers. Some stablecoin issuers and fintech-linked companies are building a new wave of […]
Rumors are circulating that a tentative deal has been struck between the White House and US lawmakers on stablecoin yield, potentially moving the CLARITY crypto market structure bill forward. Republican Senator Thom Tillis and Democratic […]
BitFuFu’s 2025 results showed a sharp shift in its business mix, with cloud mining overtaking self-mining as the company’s main revenue driver. The Singapore-based Bitcoin (BTC) miner reported $475.8 million in revenue for 2025, up […]
UBS, the Swiss multinational investment bank and one of the world’s largest wealth managers, has obtained final approval from the Office of the Comptroller of the Currency (OCC) to convert UBS Bank USA into a […]
South Korea’s main opposition party has proposed scrapping a planned crypto tax ahead of its 2027 rollout, citing fairness, double taxation and enforcement concerns. According to a Thursday report by local media outlet eDaily, the […]
Not all voters are sold on crypto, and in Illinois, the crypto industry lobby failed to secure a victory, despite spending millions. On Tuesday, Illinois Lieutenant Governor Juliana Stratton won a primary election for a […]
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