The Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board (FRB) have released feedback on resolution plans submitted by 15 major banking organisations in
Category: Regulation
Tether Reports Limited Exposure Through EQIBank Amid DOJ Allegations
Stablecoin issuer Tether has confirmed limited exposure through assets held at EQIBank, following allegations by the US Department of Justice that the bank directed a
Federal Reserve Board Seeks Public Input on Stablecoin Regulatory Proposals Under GENIUS Act
The Federal Reserve Board has initiated a 60-day public comment period on two regulatory proposals aimed at governing payment stablecoin issuers under the GENIUS Act.
Crypto Groups Sue Illinois Over New Digital Asset Tax Law
Two cryptocurrency industry groups have sought to block Illinois’ upcoming 0.2% digital asset tax, arguing the law violates state and federal constitutional principles. The Blockchain
Gemini Receives Full MPI License from Singapore’s MAS
Gemini has secured a Major Payment Institution (MPI) license from Singapore’s Monetary Authority of Singapore (MAS), marking the completion of its regulatory transition in the
U.S. Bank Completes Cross-Border Payment Using Proprietary Stablecoin on Stellar Blockchain
U.S. Bank has successfully executed a live cross-border payment using its proprietary USBDC stablecoin on the Stellar blockchain, marking a key milestone in its exploration
Hyperliquid Policy Center Files Brief Supporting CFTC in Dispute Over Perpetual Futures
The Hyperliquid Policy Center (HPC) has filed an amicus brief in a U.S. District Court backing the Commodity Futures Trading Commission (CFTC) amid a legal
Block Applies for Fed-Regulated Trust Bank to Custody Crypto Assets
Block, the payments company founded by Jack Dorsey, has applied to the Office of the Comptroller of the Currency (OCC) to establish Builders Bank &
Coinbase seeks SEC approval to list 24/7 equity perpetuals, awaits CFTC sign-off
Coinbase has filed a notice registration with the U.S. Securities and Exchange Commission (SEC) to list 24/7 equity perpetuals, according to its Chief Policy Officer,
Strive CEO Eyes Potential Rank as Second-Largest Public Bitcoin Holder by Year-End
Strive, a bitcoin treasury company, could rise to become the second-largest public holder of the cryptocurrency by year-end, according to its chief executive, Matt Cole.