Why Trump backed a crypto ethics rule that stopped at the family business
Washington came surprisingly close this week to writing a dollar amount into one of its thorniest crypto ethics rule debates. Under the final Senate draft of the CLARITY Act, senior federal officials holding equity worth at least $15,000 in certain…
After Congress killed its landmark crypto bill, the SEC unlocked the $77 trillion US stock market through tokenization
The US Securities and Exchange Commission (SEC) has opened a five-year pathway for regulated US stocks to trade on blockchain-native venues. The Innovation Exemption came two days after the Senate failed to advance the CLARITY Act, a broad crypto…
ECB opens merchant applications for controlled 2027 digital euro pilot
The European Central Bank has opened applications for online merchants to join a controlled pilot of the digital euro, its proposed retail central bank digital currency. The move brings the 2027 test closer to online checkout, but it does not put an…
XRP falls hard after CLARITY vote as Ripple’s regulatory advantage faces a new test
XRP fell more than 8% after the Senate blocked a key crypto bill, even as the token’s existing US regulatory treatment remained intact. CryptoSlate data showed XRP falling as low as $1.27 before recovering to about $1.29 as of press time, extending a…
Congress wants to make crypto easier to use and still collect $500 million more in taxes
A House crypto tax overhaul would raise an estimated $500 million while easing taxes on stablecoin payments and small fees. The House Ways and Means Committee is scheduled to consider H.R. 10357, the Digital Asset Tax Certainty Act, on Sept. 16, putting…
A new XRPL upgrade could concentrate XRP ownership inside banks instead of retail wallets
A proposed XRP Ledger (XRPL) upgrade could let banks and fintechs absorb XRP costs so customers never need to hold the token. The Sponsor amendment, based on the XLS-68 Sponsored Fees and Reserves proposal, would let a company pay account reserves and…
Thailand’s stablecoin proposal would block transfers to other people’s wallets
Thailand’s Securities and Exchange Commission has proposed a same-owner requirement for stablecoin transfers that would sharply narrow how customers can move tokens such as USDT through licensed crypto firms. The measure remains at the consultation stage…
Why Nasdaq surveillance cannot settle the fight over 24/7 tokenized markets
Nasdaq’s agreement to invest $100 million in Payward, Kraken’s parent company, adds a planned surveillance rollout to a push into tokenized and always-on markets. One day earlier, Citadel Securities asked U.S. regulators to keep products tied…
Banks get cross-exchange crypto hedge relief under Canada’s new 2027 capital rule
Canada’s banking regulator has finalized a narrow change to its crypto capital rules that should reduce capital overstatement for some market-neutral positions without broadly easing how banks must treat digital-asset risk. The Office of the…
MetaMask and Consensys split exposes the gap between Ethereum adoption and ETH demand
Consensys announced plans on Sept. 9 to operate MetaMask separately from its Ethereum infrastructure business, giving the consumer wallet and the protocol builder distinct management and investment priorities. For holders of ether, the split puts a…