The FASB said secondary-market liquidity alone would not be enough, with holders needing direct issuer redemption rights and one-to-one liquid reserves. Read More at https://cointelegraph.com/news/us-accounting-board-fasb-proposes-conditions-for-stablecoins-as-cash-equivalents?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
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. Read More at https://cointelegraph.com/news/us-sec-crypto-rules-clarity-act?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FalconX, Interstice Connect Canton to Ethereum, Solana and Robinhood Chain
The non-custodial cross-chain swap engine connects Canton’s institutional tokenized-asset markets with liquidity and trading activity across major public blockchains. Read More at https://cointelegraph.com/news/interstice-falconx-cross-chain-swap-engine-canton-solana-ethereum-robinhood-chain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ripple- and Coinbase-funded PAC spends $2M in Florida race with little mention of crypto
A Florida representative not running for reelection who voted against the GENIUS and CLARITY Acts has endorsed a Democratic candidate, possibly leading to PAC-funded negative ads. Read More at https://cointelegraph.com/news/crypto-pac-ads-florida-congress-spending?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cypherpunk launches Zcash mining fleet controlling 18% of network hashrate
The $33.3 million Winklevoss Capital deal expands Cypherpunk’s ZEC strategy as it targets 5% ownership of the cryptocurrency’s circulating supply. Read More at https://cointelegraph.com/news/cypherpunk-zcash-mining-winklevoss-capital-zec?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Kraken’s Krak debuts US debit card as Payward broadens financial services push
The multi-asset card lets US customers spend crypto and fiat and earn cashback as Kraken’s parent company expands across financial services. Read More at https://cointelegraph.com/news/krakens-krak-launches-us-debit-card-as-payward-broadens-financial-services-push?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Federal prosecutors blast ex-Celsius CEO’s motion to vacate as ‘without merit’
Despite already serving a 12-year sentence in federal prison, Alex Mashinsky continues to explore legal avenues to vacate his conviction related to activities at Celsius. Read More at https://cointelegraph.com/news/us-prosecutors-celsius-ceo-alex-mashinsky-motion-vacate-deny?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Metaplanet expands Bitcoin treasury strategy to US with 2,100-BTC Nasdaq play
The proposed deal with Nasdaq-listed Super League Enterprise would give the Tokyo-based company a foothold in US capital markets while using existing Bitcoin rather than additional purchases. Read More at https://cointelegraph.com/news/metaplanet-expands-bitcoin-treasury-strategy-super-league?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Neuberger teams with Securitize on multi-chain tokenized fixed-income fund launch
The $613 billion asset manager will subadvise a high-yield fund tokenized across Ethereum, Solana, Avalanche and Sui. Read More at https://cointelegraph.com/news/neuberger-launches-tokenized-fixed-income-fund-with-securitize?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin tags $65K as S&P 500 rebounds from 2-week lows on US-Iran rhetoric
Bitcoin returned to $65,000 for the first time in a week as fresh BTC price volatility accompanied US claims that the Strait of Hormuz was “open and operating.” Read More at https://cointelegraph.com/markets/bitcoin-tags-65k-as-sp-500-rebounds-from-2-week-lows-on-us-iran-rhetoric?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound