A legal challenge filed October 2 is putting pressure on how federal regulators have been approving bank charters for crypto companies. The Independent Community Bankers of America (ICBA) is asking a court to throw out the Office of the Comptroller…
Amid crypto downturn, Anchorage Digital has reportedly let go of 17% of its staff. The digital asset bank, valued at $4.2 billion earlier this year, appears to still be feeling pressure from a crypto market that has struggled for an…
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has put forward a set of proposed changes to the bloc’s Markets in Crypto-Assets Regulation (MiCA). The recommendations touch on investor protection, supervisory powers and newer…
The Securities and Exchange Commission (SEC) is tackling a question that has long complicated institutional crypto investing: how registered investment advisers and regulated funds should be allowed to hold digital assets. On Wednesday, the agency proposed a tailored framework intended…
In a major development, a regulated market for tokenized securities in South Korea is finally taking shape. Ahead of a broader legal framework due to take effect in February 2027, the Financial Services Commission (FSC) has released detailed draft rules…
Ethereum’s development team has locked in a timeline for the network’s next major upgrade. Glamsterdam is set to activate on the Sepolia testnet on October 6, marking an early milestone on the road toward a live rollout. The Ethereum Foundation…
Leading crypto exchange Coinbase has taken full control of another piece of its derivatives operation. The Commodity Futures Trading Commission (CFTC) has approved the company to launch Coinbase Clearing LLC, giving it an in-house, US-based derivatives clearing organization. The registration…
South Korean regulators are taking a fresh look at how liquidity is supplied in crypto markets, prompted by a wild debut for a yen-linked stablecoin on the country’s largest exchange. The Financial Services Commission (FSC) said it is considering a…
Crypto exchange Kalshi’s legal battle over sports-event contracts hit another roadblock on Friday. The 6th US Circuit Court of Appeals ruled that the states of Ohio and Tennessee are free to regulate the prediction market’s sports contracts under their own…
Bastion has moved a step closer to becoming a federally chartered institution. The Office of the Comptroller of the Currency (OCC) has given the firm preliminary conditional approval to operate as a national trust bank, a decision Bastion announced in…
