A group of banks has committed about $270 million to Project Faro, a joint stablecoin company. The money is meant to cover five years of operating costs. Faro plans to launch a US dollar stablecoin in the first half of 2027.
The CFTC has privately warned Kalshi it could face charges over how it notified the agency about new contracts. Kalshi says the issue is a procedural error involving a handful of contracts, many never live.
Bitcoin, Nasdaq, AI stocks and chipmakers move together. But why? Discover how Fed policy, Wall Street and global liquidity connect them.
Bitcoin may not need to wait for central banks to officially cut their rates to regain a more favorable environment. According to Binance Research, BTC reacts more to a slowdown in global monetary tightening than to the absolute level of rates, which could allow it…
Politico reported on November 10 that the U.S. Commodity Futures Trading Commission has privately warned the largest prediction market platform Kalshi that it could soon face charges.
Bitcoin price slips below $73K as $732M is liquidated. Gensler 2.0 fears and Fed banking accusations shake crypto markets. Is crypto cooked?
A trade group backed by Cboe and Citadel Securities wants them gone.
Goldman Sachs and Citigroup are among the banks that have committed about $270 million to a joint stablecoin company, Bloomberg reported on Tuesday. Banco Santander and Deutsche Bank have also joined, according to people familiar with the matter.
Pro-crypto Republican lawmaker Tom Emmer has secured the second-highest leadership position among House Republicans after defeating a challenge from fellow Republican August Pfluger, as the party prepares to enter the minority following the November midterm elections. According to Bloomberg Government,…
Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The opinion editorial below was written by Michael Handelsman for Kelman.Law.
According to its SEC filing, nearly $6.23 billion of the net losses came from unrealized fair value losses on digital asset holdings.
The CFTC has warned Kalshi of possible charges over prediction market contract filings as regulators investigate self-certification rules and Polymarket.
The Minnesota lawmaker, who helped establish the Congressional Crypto Caucus, will stay on as Republican whip after Democrats won the midterms.
Six firms filed a proposed friend-of-the-court brief backing the CFTC's authority in the single-stock perpetual futures case. A judge earlier denied…
Kimber Digital Securities, an entity affiliated with the Plume blockchain network, reported that it can now act as a broker-dealer following its registration with the SEC and its incorporation into FINRA. The firm will enable access to tokenized U.S.
Uniswap has engaged with a significant discussion on the trading of tokenized stocks, highlighting the SEC's innovation exemption. This could reshape regulatory pathways for digital assets.
The prediction markets operator says the issue involves procedural errors affecting a handful of contracts, many of which weren’t live, according to Politico.
Democratic control may accelerate regulatory shifts in crypto, impacting market dynamics and investor strategies in the evolving landscape.
Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.
Uniswap's retweet highlights the need for SEC engagement on the Innovation Exemption, reflecting growing industry interest.
The CFTC has warned prediction market platform Kalshi about potential enforcement actions due to procedural errors. This scrutiny highlights increasing regulatory oversight in prediction markets.
The CFTC has warned Kalshi that charges could come soon over new contract notices, a source says, as scrutiny builds.
Binance Research suggests slowing global monetary tightening could improve bitcoin’s outlook before central banks begin cutting interest rates, while growing use of tokenized equities in decentralized finance (DeFi) points to a new phase of blockchain adoption.
FinCEN's ban on transfers involving MEXC binds U.S. financial institutions only from Dec. 10, but Binance is already refusing outbound transfers and screening inbound ones.
As Wall Street grapples with inflation concerns, tokenization emerges as a significant topic. Here's how it could reshape the financial landscape.
Crypto custodians are moving into a market handling billions in daily settlements, but regulatory relief and a shift in congressional control leave questions over their long-term role.
The former House Financial Services Committee chair said the new Congress is more pro-crypto than those of six and eight years ago and that he sees votes for a credit card rate cap.
A formidable coalition of 21 financial institutions, including Goldman Sachs, Citigroup, and Bank of America, has committed approximately $270 million to a joint stablecoin venture known internally as Project Faro.
U.S. Senator Elizabeth Warren argued the administration is not doing enough about staff insider trading, questioning whether CFTC enforcement action was sufficient.
Deutsche Bank has added a January interest rate hike to its forecast after October’s hotter-than-expected US inflation report, putting three consecutive quarter-point moves on its expected path through March 2027. Reuters reported on Nov. 10 that the bank had added…
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