Lewes rail line to reopen in September as work under way to remove train
The East Sussex railway line on which a train derailed will reopen in September as crews continue to remove the carriages that left the track.
Regulation
‘Star Wars vibes:’ Chainlink’s McCormick sees AI agents, robots driving blockchain transactions
McCormick expects a multi-chain future as AI lowers the cost of creating new blockchain networks, increasing the need for interoperability.
MiCA cracks down on USDT in Europe... but no one else cares
USDT is disappearing from regulated European platforms, but there is little sign that it has resulted in weakening global demand for Tether.
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Travelodge boss quits amid fallout over hotel chain’s security failings
Joanna Boydell steps down after widespread criticism over company’s handling of guest safety issues
Founder of China’s Evergrande jailed for life after pleading guilty to fraud
The founder of Evergrande, one of China’s largest property developers, has been sentenced to life in prison and had all of his personal property confiscated.
OpenLedger’s Ram Kumar sees agentic payments as crypto’s first AI ‘killer app’
OpenLedger core contributor Ram Kumar sees agentic payments as a major crypto use case as AI agents lack traditional banking access.
Evernorth eyes DeFi opportunities as XRP Ledger weighs native lending
The XRP-focused digital asset treasury firm plans to put its holdings to work as it also moves through the process of going public.
GSR’s Baehr says tokenized fixed income could play key role in institutional collateral
The idea of mass tokenization of equities is "exciting," said Andy Baehr, managing director of asset management at GSR.
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Securitize’s Redfearn says SEC held back crypto innovation exemption over Clarity Act politics
Securitize says the SEC delayed its crypto trading exemption to avoid complicating Senate votes on the Clarity Act.
Consumers warned to beware of risky mini-bonds and loan notes
The FCA is warning consumers about the risks of investing in loan notes and mini-bonds issued by unregulated companies, after continuing to see people lose money in these high-risk investments.
Unregulated loan notes and mini-bonds: don't risk your savings on promises of high returns
We banned the marketing of speculative mini-bonds and loan notes to ordinary retail investors from 1 January 2021.
Banking Regulator Races to Finalize GENIUS Act Stablecoin Rules
The top U.S. banking regulator says it will finalize its rules for stablecoin issuers by November, moving to beat a fast-approaching deadline for the country's landmark digital-dollar law.
Donald Trump Says CFTC Is Working to Bring Hyperliquid to the U.S.
President Donald Trump said CFTC Chair Michael Selig is working to bring Hyperliquid into the U.S. under a fully compliant legal framework. The comments were made at a White House crypto event on August 19. This matters…
Spot bitcoin ETFs report $517 million in net inflows, largest in 3.5 months
Analysts attributed the inflows to the surprise crypto market rally driven by US Treasury Department's buyback expansion announcement.
AI agents could make today’s billion-dollar crypto hacks look like ‘pennies,’ industry leaders warn
Crypto leaders see trust, hallucinations and unclear legal liability as the biggest hurdles to agentic adoption.
Congress can still ‘land this plane’ on crypto bill as ethics talks stall, says Democratic Sen. Gallego
Sen. Ruben Gallego says Congress can still "land this plane," referring to the Clarity Act crypto bill, as concerns grow over an unfinished ethics deal.
Trump Says AI Could Be 'Bigger Than the Internet' as He Pushes Light-Touch Regulation
President Donald Trump said Wednesday that artificial intelligence could become “bigger than the internet,” as he called for regulation that does not slow the industry and defended the rapid buildout of data centers and…
US gross national debt tops $40tn for first time
US debt reached $40tn for the first time on Wednesday, the US treasury department said, after the government deficit doubled over the last decade.
HYPE token surges after Trump says CFTC is working to bring Hyperliquid to US in ‘fully compliant fashion’
President Trump said CFTC Chair Mike Selig is working to bring Hyperliquid into the U.S. in a “fully compliant and legal fashion."
Bitcoin hits $69,000, ether jumps 10% as Treasury buybacks, SEC crypto proposal fuel market rally
The move triggered nearly $2 billion in crypto liquidations and lifted crypto-linked stocks, with Strategy and Bitmine gaining around 10%.
US long-term borrowing costs ease after government steps in
Long-term borrowing costs in the US eased on Wednesday after the Treasury department announced it would buy back more debt.
OCC races to finalize GENIUS Act stablecoin rules by November
The OCC is stepping on the gas to finalize rules by November to implement a stablecoin law signed by President Trump.
Grayscale’s latest Zcash ETF amendment shows DCG in talks to contribute 200,000 ZEC to fund
While DCG is in discussions to contribute ~200,000 ZEC to the Grayscale fund, the potential transaction is nonbinding.
CFTC Ends FTX Cases With Trading Bans for Ellison, Gary Wang
CFTC imposes five-year trading bans on former FTX executives Caroline Ellison and Gary Wang.