The White House countered the bankers’ concerns on Tuesday by posting economic data suggesting the worries are misguided. Jaret Seiberg, a policy analyst at TD Cowen, set the odds for a failure in the …
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DeFi Market
Cross-chain protocol Symbiosis said it recovered approximately 15 BTC after an attacker exploited its native Bitcoin Bridge, but affected liquidity providers still lack compensation terms as a Sep. 13 bounty window nears its unspecified …
The Swiss crypto financial services firm plans to move back-office functions to lower-cost international hubs as it expands its global wealth and asset management business, according to Finews.
Revolut opens EURR to selected customers in three countries; Bridge reported €374 outstanding, compared with €394.5 million of Circle’s EURC. Revolut has begun rolling out EURR, its first euro-backed stablecoin, to selected customers in …
- DeFi Market
Southeast Asia’s crypto funding rebounds to $680 million as investors focus on mature firms
by adminby adminBlockchain investment in Southeast Asia in 2026 has been led by crypto financial services, though funding remains heavily concentrated in Singapore and a handful of companies.
The US Securities and Exchange Commission (SEC) has proposed overhauling decades-old rules governing transfer agents as blockchain-based recordkeeping and tokenized securities become more prominent in US markets. The proposal would update requirements covering registration, …
- DeFi Market
Ninth Circuit Deals Kalshi Major Blow, Rules Sports Event Contracts Aren’t CFTC-Regulated Swaps
by adminby adminThe Ninth Circuit has dealt Kalshi one of its biggest legal losses yet, ruling that the platform’s sports-event contracts are sports bets—not swaps protected by the Commodity Exchange Act. The decision lets Nevada enforce …
DeFi Market
Robinhood Will Halt Michigan Sports Prediction Markets as State Fight Spreads Beyond Kalshi
by admin
by admin
Robinhood Derivatives has agreed to stop offering new sports event contracts to Michigan customers by September 9 and close outstanding positions by October 9. The deal leaves the core federal-preemption question unanswered, but extends …
A Dubai court has given Matthew William Brittain until Sept. 7 to explain where money used for legal and advisory bills ultimately came from in a dispute over $456 million connected to TrueUSD reserves. …
The planned rule would cover advisers and investment companies and clarify digital-asset custody, following the withdrawal of a separate 2023 proposal. The Securities and Exchange Commission’s proposed rewrite of custody rules for investment advisers …
