Kalshi Faces Connecticut Crackdown as Legal Battle Deepens
TLDR Connecticut has sued Kalshi to stop the platform from offering sports-related event contracts in the state. Attorney General...
SEC Advances New Crypto Custody Framework to White House for Review
The SEC submitted new crypto custody rules to the White House for review, clarifying how advisers can hold digital assets for clie...
SEC resurrecting U.S. crypto custody rule the previous administration failed to...
In 2023, the regulator tried to narrowly restrict the places investment advisers could park clients' crypto assets, but the new ap...
US Banking Associations Launch BankChain Alliance for Blockchain Network
TLDR 39 US state banking associations have launched the BankChain Alliance The group is aiming for a 2027 launch of a nationwide b...
Kraken Restricts Accounts After 12,000 Dust Transfers Linked to HTX
TLDR Kraken temporarily restricted customer accounts after nearly 12,000 unsolicited crypto transfers hit its platform between Aug...
Sign and BNB Chain Unveil Sovereign Stablecoin Framework
TLDR: Sign and BNB Chain unveiled a sovereign stablecoin framework for regulated national currencies. The framework splits duties...
LayerZero Launches ATLAS Trading Infrastructure on Zero Blockchain
TLDR LayerZero unveiled ATLAS, a new exchange infrastructure layer built on its Zero blockchain. ATLAS combines trade matching, cl...
Coinbase CLARITY Act: Armstrong Expects 60+ Votes Despite Kalshi 22% Odds
Brian Armstrong predicts 60-plus Senate votes for the CLARITY Act, but Kalshi traders give that outcome just a 22% chance on Septe...
US Treasury Expands Iran Crypto Sanctions Over $100 Million Oil Deal
TLDR Treasury added Iran’s digital asset sector to Executive Order 13902 sanctions authority on August 24. A UAE-based broker is a...
Las Vegas Business Owner Convicted in $24 Million Crypto Ponzi Scheme
TLDR Brent Kovar was convicted of wire fraud, mail fraud and money laundering He ran Profit Connect, a company that claimed to min...