South Korea report proposes stablecoin rules before crypto law
Policy report recommends interim licensing guidance, greater flexibility for stablecoin issuers and rules ahead of the Digital Asset Basic Act.
Digital Assets
Lummis Warns Clarity Act Delay Is ‘A Deliberate Decision’ To Kill The Bill
Senator Cynthia Lummis took to the Senate floor to defend the Digital Asset Market Clarity Act, telling colleagues she plans to keep speaking on the bill through the following day. She called it good …
US arbitration giant launches specialist panel for crypto disputes
The American Arbitration Association’s Web3 Panel brings together specialists in blockchain, smart contracts, digital assets and autonomous transactions.
Ether, XRP flat as chip stocks steady on Samsung's 250-fold profit surge
Crypto's largest tokens were close to unchanged on Thursday as the semiconductor selloff that has driven markets for two weeks showed its first real sign of easing.
US sanctions Iranian maritime firm, says it accepted Bitcoin to evade restrictions
The US Treasury said HormuzSafe accepted Bitcoin and other digital assets to evade sanctions and generate revenue for Iran’s Islamic Revolutionary Guard Corps.
Luno cuts 20% of staff as crypto layoffs spread across 12 firms in July
Luno and Gnosis joined a widening round of crypto restructurings in July, when at least 12 companies reported job cuts.
Senators said to hatch idea to toughen Trump's concession on Clarity Act's crypto limits
The crypto market structure bill's future could depend on the reception of legislative language hashed out by Senators Thom Tillis and Ruben Gallego, according to people briefed on the effort who say …
Ethereum Foundation adds SEAL 911 co-founder to board as privacy focus grows
Pascal Caversaccio joins the Ethereum Foundation’s four-member board as the organization elevates privacy and security in its protocol strategy.
BREAKING: Russia’s Biggest Crypto Miner Sent To Detention In 1 Billion Ruble Fraud Case
The post BREAKING: Russia’s Biggest Crypto Miner Sent To Detention In 1 Billion Ruble Fraud Case appeared first on Coinpedia Fintech News
Robinhood posts record quarter, but crypto revenue slides 38%
The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency transaction revenue declined.
Robinhood slides 4% despite earnings beat as crypto revenue cools
Robinhood (HOOD) topped Wall Street's second-quarter expectations, but shares fell about 4% in after-hours trading, adding to their 3.1% decline during Wednesday's session.
Microsoft Quietly Adds New Windows App That Wants to Scan Your Face
Some Windows 11 users are discovering a new Microsoft app they never installed. Called OneDrive Photos, it automatically indexes local images and offers AI-powered search and optional facial grouping.
Flock Cameras Face Growing Backlash as Privacy Concerns Reach Capitol Hill
Public opposition to Flock Safety's automated license plate reader cameras is spreading from city council meetings to Capitol Hill as lawmakers prepare legislation targeting federal funding for agenci…
Robinhood Posts Best Quarter Ever as Prediction Market and Robinhood Chain Take Off
Robinhood reported second-quarter earnings Wednesday and posted record quarterly revenue of $1.31 billion in Q2, up 32% year-over-year, beating Wall Street's estimate of $1.26 billion. The company is …
Breaking: CFTC Loses Fight to Protect Kalshi in Wisconsin Prediction Markets Case
The post Breaking: CFTC Loses Fight to Protect Kalshi in Wisconsin Prediction Markets Case appeared first on Coinpedia Fintech News
Crypto entering biggest consolidation phase in history, says ARK analyst
ARK Invest’s Lorenzo Valente says revenue is becoming increasingly concentrated among a handful of crypto protocols, setting the stage for more mergers, acquisitions and exchange closures.
Tennessee county passes another ban on crypto operations
A group of 12 county commissioners voted unanimously to ban mining facilities and data centers in unincorporated areas as it deals with a lawsuit by a digital asset company.
Pi Network Mainnet Upgrade Deadline: Why Missing August 11 Cuts You Off the Network
The post Pi Network Mainnet Upgrade Deadline: Why Missing August 11 Cuts You Off the Network appeared first on Coinpedia Fintech News
There's a New Way to Protect Bitcoin From Future Quantum Attacks, Researchers Say
Researchers at AmericanFortress, a Wyoming-based blockchain security and cryptography company focused on post-quantum security and digital asset infrastructure, have proposed a cryptographic system th…
Fed holds rates steady, extending pause as markets await Kevin Warsh's policy roadmap
The Federal Reserve left its benchmark fed funds rate range unchanged at 3.50%-3.75% on Wednesday, extending its pause for a sixth consecutive meeting as policymakers continue to grapple with stubborn…
Binance launches regulated gold, silver options through ADGM exchange
New commodity options let traders gain exposure to gold and silver prices through Binance’s Abu Dhabi-regulated exchange.
FOMC News: Fed Holds Rates at 3.50%-3.75% as Three Officials Back Hike
Fed holds rates at 3.50%-3.75% as three officials push for a 25-basis-point hike.
What is Zcash (ZEC)? The Privacy Coin Using Zero-Knowledge Proofs
For many years, Bitcoin was used to buy drugs online because it was believed to be anonymous. Turns out, it’s surprisingly easy to track Bitcoin transactions. Zcash, on the other hand, is a cryptocurr…
Tether USAT Launches on Celo Going Beyond Ethereum for First Time
Tether launches GENIUS Act-compliant USAT on Celo, marking its first expansion beyond Ethereum.