Federal

In brief The Federal Reserve proposed rules requiring Board-supervised payment stablecoin issuers to fully back their tokens with permissible assets like short-term Treasury bills, plus standardized capital requirements, risk-management standards and rules for safekeeping …

A federal judge has allowed parts of an investor class-action lawsuit against Coinbase and certain executives to proceed, keeping allegations over risk disclosures alive in court. US District Judge Katherine Polk Failla ruled on …

In one of its first actions since signing a memorandum of understanding with the Commodity Futures Trading Commission (CFTC), the US Securities and Exchange Commission (SEC) said it would interpret how “non-security crypto assets” …

In brief Trump ordered federal agencies to “immediately cease” using Anthropic’s AI technology. The order follows a dispute between Anthropic and the Pentagon over the use of Claude for unrestricted military use. Trump has …

The U.S. Office of the Comptroller of the Currency has granted conditional national bank status to Erebor Bank, a new tech-oriented bank seeking to rise into the gap left by the collapse of several …

In brief Rep. Troy Downing is introducing a bill to give President Trump’s crypto retirement executive order the force of federal law. The order, signed in August, encouraged 401(k) providers to offer exposure to …