Better Markets says CFTC is ‘wrong agency’ to regulate retail crypto

Better Markets said the CFTC’s proposed framework to bring certain cryptocurrency transactions and exchanges under its…

Rain seeks US trust bank charter days after OCC sued over crypto charters

Rain joins a growing queue of crypto firms seeking federal trust charters, while community banks have…

OKX eyes emerging markets with yield-offering stablecoin savings and payments app

OKX Money lets users hold, send and spend dollar-backed stablecoins, with qualifying USDG balances earning up…

Chinese crime network laundered over $1B for Lazarus: ZachXBT

ZachXBT says he infiltrated the network by posing as a customer, gaining information that helped trace…

Crypto PAC announces support for 32 House candidates in US midterms

Fairshake said it would financially back 32 House candidates who all voted in favor of the…

FinCEN withdraws proposed crypto mixing rule over ‘legitimate activity’ concerns

The bureau under the US Treasury said it was withdrawing two proposed rules on unhosted wallets…

Modern Treasury seeks US trust bank charter for digital asset custody

The payments infrastructure company is seeking federal approval to offer stablecoin custody and related fiat services…

Advocacy group pushes back on banks’ lawsuit against OCC over charters

CCI CEO Ji Hun Kim said that the organization “remains confident“ in the OCC’s approval of…

S&P Global brings risk assessments to growing crypto lending vault sector

S&P Global’s new framework evaluates digital asset lending vaults across six risk categories as deposits in…

CFTC joins SEC in proposing crypto framework after failed CLARITY vote

CFTC Chair Michael Selig claimed that the agency was using its “existing statutory authorities“ to address…

Treasury yields at 5% threaten extending Bitcoin’s best quarter since 2017

Weak US jobs data has narrowed expectations for another Fed hike in October, offering Bitcoin some…

Bitcoin price fails to break higher after best weekly close in eight months

Bitcoin’s highest weekly close in eight months formed low-timeframe resistance at the start of Monday’s US…