The fight between banks and crypto platforms has reignited after a top banking regulator declined to weigh in on third-party stablecoin rewards, drawing accusations from the banking lobby that regulators are undermining Congress. On Wednesday, the Treasur... See more
The Office of the Comptroller of the Currency is the first regulator to finalize its GENIUS Act stablecoin rule. On Wednesday, it published its final rule implementing a law signed by President Donald Trump last year to regulate stablecoins. The banking r... See more
As the U.S. Securities and Exchange Commission's public comment period on its proposed Regulation Crypto Assets draws to a close, digital asset firms, Wall Street institutions, and advocacy groups are making their cases for how the agency should shape the... See more
Utah sued Kalshi and two Susquehanna trading firms Tuesday, accusing them of running an illegal gambling business in the state. Attorney General Derek Brown's lawsuit names five Kalshi companies alongside Susquehanna International Group and Susquehanna Go... See more
Nectar Group, the developer of bitcoin income platform HoneyB, has raised $5 million in a seed funding round. Portal Ventures led the round, with participation from Peer Venture Partners, Anchorage Digital Ventures, an unnamed family office, and angel inv... See more
