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TLDR Warren said the CLARITY Act could weaken crypto illicit finance controls. Lummis said the CLARITY Act has more than 16 illicit finance safeguards. Section 201 applies BSA and AML rules to digital commodity firms. […]
A new nonprofit backed by BitMine, SharpLink and Joseph Lubin spins the Ethereum Foundation’s institutional outreach work into an independent organization, the second such steward group the three backers have funded in ten days, as […]
Jeremy Allaire argued that stablecoin networks are winner-take-most businesses built over years, two days after the launch of the 140-plus-firm Open USD consortium sent Circle’s stock down more than 17% in a single session. Circle […]
A Democratic candidate in Colorado’s 8th congressional district, Manny Rutinel, has won his party’s primary and will face the general election in November after receiving support from crypto-aligned political groups. Rutinel reported early Wednesday that […]
Christoph Jentzsch, who wrote code for the original 2016 “The DAO” and now runs Tokenize.it, called for ENS DAO to wind down and revoke its own upgrade authority, a day after ENS co-founder Nick Johnson […]
Solana perpetuals exchange Drift Protocol has rebranded to Velocity DEX, with a private beta planned in the coming days as the platform rebuilds after a $295M April exploit. Solana perpetuals exchange Drift Protocol has rebranded […]
Binance and Anchorage Digital launched an off-exchange settlement integration on Tuesday, letting institutional traders access Binance’s liquidity while keeping assets in Anchorage’s custody through Atlas, Anchorage’s settlement infrastructure suite. Binance and Anchorage Digital launched an […]
A federal judge ordered Guo to forfeit $889 million after a jury convicted him of running a scheme that raised over $1 billion partly through the fake Himalaya Coin cryptocurrency. Miles Guo, the exiled Chinese […]
Securitize, a leading tokenization platform, has revealed the completion of its business combination with Cantor Equity Partners II, which is a special purpose acquisition company (SPAC), raising $400 million and becoming a publicly traded company. […]
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