Regulation

Revolut hit by Washington crypto boom illusion, exposing massive two-tier banking system

Revolut filed with the OCC and FDIC on March 4 to establish Revolut Bank US, an insured national bank that would take deposits,...

Kalshi’s new oil contract promises non-stop exposure, but a hidden flaw could expose traders to massive weekend shocks

Kalshi, the US-regulated exchange that won approval for a Bitcoin perpetual in May, is preparing to ask the Commodity Futures Trading Commission to...

How FBI turned Hamas’ crypto fundraising pipeline into a law-enforcement trap

The US Federal Bureau of Investigation (FBI) seized Hamas-linked fundraising infrastructure and used it to intercept cryptocurrency donations intended for the group.Earlier this...

Thailand puts private wallets and offshore crypto transfers on notice in a major new crypto rule

Thailand’s Securities and Exchange Commission has issued a Travel Rule that will require supervised crypto platforms to collect and transmit information identifying the...

How stablecoins are quietly becoming the Fed’s debt buyer of last resort

Circle president Heath Tarbert told Congress on Sept. 2 that placing digital-dollar infrastructure under US rules could reinforce the network effects that support...

SEC wants stocks onchain, but your crypto wallet still isn’t enough

The US Securities and Exchange Commission (SEC) wants to let Wall Street’s official shareholder records move onchain while keeping regulated transfer agents in...

Crypto political spending hits $206M as CLARITY vote nears

Corporate political donations hit a record $646 million over the 18 months through June, according to Public Citizen's analysis of FEC filings. Crypto...

Hyperliquid US push faces CME’s Lazarus warning

CME and ICE told Washington in May that Hyperliquid's pseudonymous, always-on markets could let sanctioned state actors circumvent enforcement.On Aug. 31, an Arkham...

Stablecoin paradox: Wall Street banks target $1.9T market

Standard Chartered estimated in January that stablecoins could pull about $500 billion from US bank deposits by the end of 2028.Regional banks looked...
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