US regulatory agencies missed a rule-making deadline under the GENIUS Act, a year after the law was signed.  The US Federal Reserve Board has requested public comment on two proposals for establishing a regulatory framework for supervised payment stablecoin issuers under the GENIUS Act. The first would require issuers to fully back their stablecoins with...Continue Reading

Peirce, known as “Crypto Mom,” served on the SEC for about eight years, including as director of the Crypto Task Force. SEC Commissioner Hester Peirce has submitted her formal resignation from the US Securities and Exchange Commission, effective Oct. 2. Peirce, also known as “Crypto Mom” amid her advocacy of clear, rules-based regulation of the...Continue Reading

The CFTC claimed that Cash FX engaged in minimal forex trading and misappropriated most of the participant funds. The Commodity Futures Trading Commission said it is suing Cash FX Group and three individuals in a $950 million foreign-exchange investment case involving cryptocurrency. The defendants are Cash FX and its CEO Huascar Jose Lopez Castillo of Brazil,...Continue Reading

OG.com, recently spun out of Crypto.com, joins Coinbase, Kalshi and Kraken parent Payward in seeking approval to bring perpetual futures to individual US stocks. OG.com Markets is seeking US regulatory approval to offer perpetual futures tied to individual stocks, as trading platforms push to bring the popular derivatives product to US equity markets. In a...Continue Reading

Former CFTC Commissioner Summer Mersinger joined the Blockchain Association in 2025 after resigning during her second term at the federal commodities regulator. Summer Mersinger, formerly a commissioner with the US Commodity Futures Trading Commission (CFTC), will step down as CEO of the Blockchain Association and leave the advocacy organization at year’s end after one of...Continue Reading

US prosecutors alleged that a payments business illegally transferred hundreds of millions of dollars at the direction of EQIBank, where Tether holds some assets. Stablecoin issuer Tether said that it had limited exposure through assets held at a bank that reportedly directed a payments company to allegedly move hundreds of millions of dollars on its...Continue Reading

The Bitget breach announced on Thursday affected about $35 million more than previously reported, based on an analysis of assets on Zcash and TRON. Crypto exchange Bitget released an updated incident report on Thursday’s security breach, clarifying that about $388 million in assets had been affected and not $352 million as previously reported. In a...Continue Reading

Strategy’s proposal would move STRC and its three other preferred stocks to daily dividend payments, following a similar move by Bitcoin treasury firm Strive. Strategy is seeking shareholder approval to move its four preferred stocks, including STRC, to daily dividend payments without changing their dividend rates or the total amount paid. The company’s board approved...Continue Reading

Stablecoins and tokenized assets are pushing banks, exchanges and crypto companies into the same markets, from payments to stocks and ETFs. The line between crypto companies and traditional finance is blurring. Binance is buying a $100 million stake in Circle, Canada’s six largest banks are exploring tokenized deposits and the New York Stock Exchange is...Continue Reading

The IRS can now see your crypto gains, but has no idea about the cost-basis. That’s proving to be a big headache for some cryptocurrency investors. It’s that time of year again in the United States. The days start to draw in, the leaves start to fall, and the tax man comes knocking for your...Continue Reading