A New York Times investigation alleges the Commodity Futures Trading Commission removed or sidelined staff members who raised objections to regulatory approvals granted to three crypto firms with ties to Donald Trump. According to the report, two senior officials who intervened to push those approvals through — overriding internal staff concerns
The SEC is weighing whether crypto exchanges should be permitted to list tokenized stocks tracking companies like Tesla, Apple, and Nvidia without requiring consent from those corporations. The move raises fundamental legal and structural questions about the nature of ownership rights for retail investors holding such tokens. Unlike traditional equities,
Tether's massive accumulation of US Treasury holdings has made the stablecoin issuer one of the largest sovereign debt buyers globally, creating a feedback loop between crypto markets and traditional finance that regulators once sought to prevent. Closing 2025 with $141 billion in direct and indirect Treasury exposure, Tether
Two professional services firms that worked with collapsed crypto exchange FTX have agreed to pay a combined $66 million to settle customer fraud claims, without admitting wrongdoing. Law firm Fenwick & West and FTX's former auditor reached the settlement to resolve civil claims brought by customers who suffered
The Bank of England is developing a round-the-clock settlement infrastructure that could create a direct entry point for tokenized finance into traditional core markets. Currently, major UK institutions face significant delays when moving collateral, settling high-value payments, or shifting liquidity between clearing houses outside standard business hours
Rio de Janeiro police dismantled a cryptocurrency mining operation linked to Comando Vermelho, one of Brazil's most powerful criminal organisations, revealing an emerging model of gang-run digital asset generation. Officers discovered approximately 30 mining computers stacked on shelves inside a room on an apparently abandoned property. The
The US Securities and Exchange Commission has delayed a proposed regulatory exemption that would have created a clearer path for companies seeking to tokenize traditional financial assets such as stocks, according to Bloomberg. The framework was anticipated to provide firms with the legal certainty needed to bring blockchain-based representations
Representative Matt Van Epps has introduced the American Reserve Modernization Act of 2026, a bill designed to permanently codify a national Bitcoin reserve into US law. The freshman congressman framed the legislation as a natural extension of Nashville's growing status as a major Bitcoin hub, lending local symbolism
SEC Commissioner Hester Peirce, who leads the agency's Crypto Task Force, has moved to correct what she characterizes as misconceptions about an unreleased crypto regulatory proposal. A concern circulating in the industry suggested the forthcoming rule could inadvertently encourage the creation of synthetic tokens — digital assets designed to
Polymarket is pursuing regulatory approval to operate prediction markets in Japan, with a target timeline of 2030, according to reports. The effort is being led by Mike Eidlin, head of Japan at cryptocurrency exchange Jupiter, suggesting a dedicated push to navigate the country's complex financial regulatory environment. Japan
A consortium of 37 banks across 15 countries has backed Qivalis, a euro-denominated stablecoin set to launch in the second half of 2025, in a direct challenge to dollar dominance in on-chain finance. ING has highlighted that stablecoins are already handling wholesale cross-border payments and blockchain-based
A legal dispute between Galaxy Digital and crypto custody firm BitGo is heading to court over a $100 million claim stemming from a failed acquisition. Galaxy, led by Mike Novogratz, walked away from its planned purchase of BitGo in 2022, citing BitGo's alleged failure to deliver audited financial