As of Friday, 22 companies had filed objections as part of the joint venture’s proposed tokenized stock platform under the SEC’s innovation exemption. Six more companies have reportedly filed objections to having their stocks listed in tokenized form on the proposed platform as part of a joint venture between cryptocurrency exchange OKX and the New...Continue Reading

The US tax agency is targeting faster resolutions and more flexible payment options for taxpayers voluntarily disclosing past tax violations under a planned program overhaul. The US Internal Revenue Service (IRS) is preparing to overhaul its voluntary disclosure program, with plans to reduce penalties and accelerate the resolution of tax violations, including those involving cryptocurrencies,...Continue Reading

The blockchain suspended its layer-1 network and rollups after security researchers identified unauthorized token minting and millions in assets transferred to Ethereum. Initia halted its layer-1 blockchain and rollups after blockchain sleuths reported an exploit that allowed an attacker to mint tokens without authorization and drain more than $2.6 million in crypto assets. The network...Continue Reading

The Democratic ranking member of the Senate Permanent Subcommittee on Investigations asked Paolo Ardoino for records related to a reported deal between Tether and Nxum. Senator Richard Blumenthal has requested information from Tether CEO Paolo Ardoino after a Wall Street Journal report said that the stablecoin issuer had inked a $6.3 million deal with a...Continue Reading

The SEC’s latest priorities highlight tokenization as an emerging market risk, while cryptocurrencies remain absent as a standalone examination category. The US Securities and Exchange Commission (SEC) has added tokenization to its fiscal 2027 examination priorities, placing tokenized securities alongside quantum computing and extended trading hours among emerging trends it plans to examine. In its...Continue Reading

Bitcoin dipped below $81,000 as stocks fell and Brent crude hit its highest level since March, leaving the 50-day moving average in focus. Bitcoin (BTC) saw a fresh dip below $81,000 after Friday’s Wall Street open as Brent crude oil set new seven-month highs. Key points: Read moreContinue Reading

China’s five-year digital development plan calls for wider blockchain use in trade and manufacturing alongside stronger technical standards. China has set a 2030 target for largely completing a national blockchain network under a five-year digital development plan published Friday. The 15th Five-Year Plan for National Informatization, which sets priorities calls for deeper blockchain use in...Continue Reading

The request follows an August 2025 default judgment, with the AG also announcing nearly $6 million in settlements with four promoters. New York Attorney General Letitia James has asked a court to order defunct crypto and forex trading platform NovaTech’s founders, Cynthia and Eddy Petion, and related companies to pay $1.37 billion over its Ponzi...Continue Reading

Bitcoin price volatility cooled as stock markets battled another day of resurgent AI fears during Friday’s Asia trading session. Bitcoin (BTC) ranged below $82,000 into Friday’s Wall Street open as stock markets slid further on AI financing concerns. Key points: Read moreContinue Reading

Recent hardware wallet security incidents have renewed debate over whether self-custody is suitable for beginners, as multisig and seedless designs carry their own risks. Crypto executives are divided over whether self-custody was ever designed for beginners, while approaches such as multisignature wallets and seedless backups come with their own security and usability trade-offs. “We don’t...Continue Reading