Anyone who has sent a bank transfer overseas is familiar with the painful process of waiting for things like business hours, correspondent banks and settlement times. In many cases, strapping physical cash to a homing pigeon, or slapping it in an envelope and sending it via DHL will be faster, cheaper and more efficient. Stablecoins … Read more
Bitcoin gained 42.71% in Q3, its best third-quarter performance since 2017, as US spot ETFs attracted $6.34 billion in net inflows. US spot bitcoin exchange-traded funds (ETFs) recorded net inflows of about $6.34 billion in the third quarter, marking their strongest quarter of 2026 as bitcoin rebounded from the first half. The fund closed September … Read more
The classification may support the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered in regulated forecast markets. The US Commodity Futures Trading Commission is seeking to clarify the definition of a “swap” amid a jurisdictional battle with state gambling regulators over prediction markets. Office of Information and Regulatory Affairs Docket shows … Read more
Stand With Crypto, the industry-aligned organization launched by Coinbase in 2023 as part of its efforts to promote what it calls “clear, common sense regulation for the crypto industry,” has announced several of its picks for the next session of the US Congress. Wednesday, Bloomberg first Report Stand With Crypto said it will support candidates … Read more
After suspected North Korean hackers exploited crypto exchange BitJet for $387.5 million last week, investigators were able to quickly flag and identify recipient addresses. Bitgate CEO Gracie Chen then controversially claimed that the decentralized cross-chain swap platform THORchain “denies service to these addresses.” THORChain replied: “Thorchain is decentralized and permissionless like Bitcoin, Ethereum, and BNB … Read more
AllUnity is launching USDAU, its fourth fiat-backed stablecoin, expanding a MiCA-regulated lineup that already covers the euro, Swiss franc and Swedish krona. AllUnity is launching a new stablecoin pegged to the US dollar, expanding its digital asset lineup as dollar-pegged tokens continue to dominate the global stablecoin market. The new token, USDAU, will maintain a … Read more
US President Donald Trump and tech executives have signed a voluntary agreement aimed at ensuring their AI models “behave as intended”. The deal comes amid growing concerns over the security of increasingly capable frontier AI systems. Trump countered the slowdown by citing competition with China. The agreement places much of the responsibility of AI risk … Read more
Crypto asset manager Bitwise has launched the first US spot exchange-traded product tracking NEAR, which gives investors exposure to the token through fund trading on the NYSE Arca. The Bitwise NEAR ETF, trading under the ticker NRR, carries a 0.75% management fee and will hold NEAR directly with the intention of holding a significant portion … Read more
Billions are being returned to bitcoin exchange-traded funds (ETFs), but statistics alone don’t reveal how much demand comes from institutions, according to CoinShares. US crypto investment products attracted nearly $4.1 billion in September, with BlackRock’s iShares Bitcoin Trust ETF (IBIT) accounting for more than 53% of those inflows, James Butterfill, head of research at CoinShares, … Read more
Stablecoin issuer Tether said it helped authorities freeze about $550 million in Iran-linked USDT in 2026, as Senate Democrats called for an investigation into the stablecoin issuer on Monday. The company gave this information in a statement on Monday said It has been working closely with international law enforcement agencies for years. This year alone, … Read more