SEC proposes new crypto rules in absence of CLARITY Act
The proposed rules from the US securities regulator would provide companies with a safe harbor from tokens being treated as “investment contracts” and certain exemptions for token issuance.
Regulation
Solana Policy Institute CEO says Clarity Act in ‘August recess purgatory,’ gives it 10% odds before midterms
Miller Whitehouse-Levine urged regulators to move quickly, saying the industry "can’t afford to keep waiting for Congress."
OpenAI announces slowing pace of development after hack by rogue agent
OpenAI on Tuesday said it had slowed down the pace of its AI development while it overhauled its research and training systems.
Sponsored
Ledger — The industry-standard cold wallet
Keep private keys offline and manage assets through the Ledger Live app.
White House crypto adviser Patrick Witt says he is ‘optimistic and bullish’ on Clarity Act as stablecoin fight resurfaces
The White House’s top crypto adviser said he is feeling "optimistic and bullish" ahead of the first planned vote on sweeping crypto legislation.
US states accuse Meta of covering up research on teen social media addiction in pivotal trial
Lawyers representing 29 US states have accused Meta of covering up internal research showing Instagram was addictive for teenagers. In a packed courtroom Tuesday, on the opening day of a landmark legal challenge, they s…
SEC Proposes Crypto Fundraising Exemptions in Abrupt About-Face
The Securities and Exchange Commission proposed new rules Tuesday that would let crypto projects raise funds without requiring full securities registration, abruptly changing course after calling off a meeting late last…
Ripple CLO says Sept. 15 will be a ‘bellwether’ for Clarity Act market structure bill
Stuart Alderoty calls Sept. 15 a key test for the Clarity Act and warns the U.S. could "miss an incredible opportunity."
SEC proposes new crypto offering rules as Congress stalls on digital asset legislation
On Tuesday, the SEC proposed a new rule that seeks to offer a pathway for investments involving digital assets.
Sponsored
CoinTracking — Track gains across every wallet
Portfolio analytics and tax reporting trusted by over a million users.
Jeff Bezos consortium could be majority Liverpool shareholder within a year
1892 Holdings, the new investor in Liverpool, has first refusal to become the majority shareholder in the next 12 months should Fenway Sports Group decide to sell.
Bitcoin correction may be nearing an end with 8 of 12 capitulation signals flashing, VanEck says
Long-term holders shed roughly 356,000 bitcoin over the past month, pushing their share of supply below 60%.
Global borrowing costs hit fresh highs on oil, AI and inflation
Long-term borrowing costs across some of the word's biggest economies hit fresh highs because of concerns over inflation, government debt levels and spending on Artificial Intelligence (AI).
Metaplanet takes 96% of Super League in 2,100 BTC, cash deal to launch US bitcoin treasury firm
Metaplanet is taking its bitcoin treasury strategy to the U.S. with a controlling stake in Super League, which surged 80% on the news.
Metaplanet takes 96% of Super League in 2,100 BTC, cash deal to launch US bitcoin treasury firm
Metaplanet is taking its bitcoin treasury strategy to the U.S. with a controlling stake in Super League, which surged 80% on the news.
Securitize brings Neuberger’s $230 billion fixed-income platform onchain with new tokenized fund
HINC will be available across Avalanche, Ethereum, Solana and Sui, as Securitize expands its push to bring fixed-income strategies onchain.
UK risks running out of gas by 2030s, ministers told
Great Britain risks running out of gas in the 2030s despite its growing clean energy sources, unless ministers take “unprecedented” action to guard against a future supply shock, according to an official assessment.
Labour urges Gambling Commission to investigate firms linked to Reform UK donors
The Gambling Commission has been urged to investigate claims that companies linked to Reform UK donors and allies of Nigel Farage have been operating without a licence.
Job vacancies at five-year low as smaller firms scale back recruitment
The number of job vacancies has fallen to its lowest level in more than five years as smaller businesses cut back on recruitment, official figures indicate.
Citi expects to launch bitcoin custody later this year under its new Custody+ platform
The platform also includes real-time asset servicing, instant settlements, liquidity tools, and AI-powered market intelligence.
Oil prices jump after US-Iran ceasefire expires and Trump threatens Oman
Brent crude rises above $90 a barrel for the first time since 30 July after US president tells Tehran to surrender
FCA bans senior manager for lack of honesty and integrity
The FCA has banned Howard Roland Duckett from working in financial services due to a serious lack of honesty and integrity.
Blockchain Association backs SEC’s proposal to scrap outdated NMS rules, citing tokenization benefits
The rules, established in 2005, have "failed to achieve their stated purposes," the Blockchain Association said.
Bitpanda Hit With Europe's First Published MiCA Penalty in Austria
Austrian regulators have fined crypto exchange Bitpanda 70,000 euros, roughly $82,000, in what stands as the first publicly disclosed enforcement penalty under the European Union's landmark crypto rulebook.
Sports Direct owner Mike Ashley tightens hold on Hugo Boss
The retail billionaire Mike Ashley has signalled that his summer shopping spree may be far from over, after he increased his stake in Hugo Boss to nearly half. Ashley’s Frasers Group, which last week bought the Harvey N…
Kraken brings US stock trading to European Economic Area customers
Kraken has launched US stock trading for eligible customers across all European Economic Area member countries.