The proposed rules by US government agencies suggested that stablecoin issuers be subject to customer identification program requirements under the Bank Secrecy Act, the same as regulated financial firms. Read More at https://cointelegraph.com/news/us-agencies-user-identification-stablecoin-issuers?utm_source=rss&utm_medium=rss&utm_campaign=rss
Category Archives: Uncategorized
Malta proposes DeFi rulebook covering DAOs under MiCA-era framework
The Maltese regulator is seeking industry feedback on a legal framework for software-governed organizations, arguing that many DeFi projects are not fully decentralized. Read More at https://cointelegraph.com/news/malta-defi-framework-daos-software-based-organizations-mica?utm_source=rss&utm_medium=rss&utm_campaign=rss
Custodia, Vantage propose token that toggles between bank deposits and stablecoins
The proposed system aims to connect traditional banking infrastructure with blockchain-based payment networks with banks retaining customer deposits. Read More at https://cointelegraph.com/news/custodia-vantage-unveil-token-that-shifts-between-bank-deposits-and-stablecoins?utm_source=rss&utm_medium=rss&utm_campaign=rss
Ireland mulls crypto safeguards in response to financial risks
For the first time in seven years, the Irish government released an assessment related to digital assets, noting risks from money laundering, terrorism financing, sanctions violations and bribery. Read More at https://cointelegraph.com/news/ireland-government-standards-crypto-risk-assessment?utm_source=rss&utm_medium=rss&utm_campaign=rss
Wealthsimple launches Kalshi-powered prediction market app for Canadian investors
The offering follows regulatory approval earlier this year and comes as prediction markets face legal challenges from regulators, exchanges and policymakers around the world. Read More at https://cointelegraph.com/news/wealthsimple-launches-kalshi-powered-prediction-market-app-for-canadian-investors?utm_source=rss&utm_medium=rss&utm_campaign=rss
Ethereum Foundation leadership exodus continues with director’s departure
Hsiao-Wei Wang’s departure adds to a wave of Ethereum Foundation exits, fueling debate over governance, decentralization and the network’s future. Read More at https://cointelegraph.com/news/ethereum-foundation-leadership-exodus-continues-with-directors-departure?utm_source=rss&utm_medium=rss&utm_campaign=rss
Bitcoin’s deeply discounted versus AI-stocks, but hawkish Fed risk lingers: Bitwise
Bitwise analysts say Bitcoin trades in a historical value zone, but hawkish Federal Reserve signals and a competition for liquidity could sideline buyers. Read More at https://cointelegraph.com/markets/bitcoin-flashes-a-discount-to-ai-stocks-but-hawkish-fed-risk-lingers-bitwise?utm_source=rss&utm_medium=rss&utm_campaign=rss
HIVE secures $220M AI infrastructure contract with Bell and Cohere
The deal is expected to add approximately $70 million in annual recurring revenue as the company scales its AI-focused operations. Read More at https://cointelegraph.com/news/hive-secures-220m-ai-infrastructure-contract-with-bell-and-cohere?utm_source=rss&utm_medium=rss&utm_campaign=rss
CME Group sues CFTC over crypto perpetual futures
The lawsuit targets the federal regulator and Chair Michael Selig, alleging that the Commodity Futures Trading Commissioin is treating cryptocurrency “futures” as “swaps,” posing risks to derivatives markets. Read More at https://cointelegraph.com/news/cme-group-cftc-lawsuit-perpetual-futures-crypto?utm_source=rss&utm_medium=rss&utm_campaign=rss
Bitcoin miners need billions to fund AI ambitions, led by IREN’s $21B gap
IREN leads public Bitcoin miners with a projected $21.1 billion AI infrastructure funding gap, underscoring the capital-intensive nature of converting mining sites into data centers. Read More at https://cointelegraph.com/news/bitcoin-miners-50b-ai-pivot-iren-21b-funding-gap?utm_source=rss&utm_medium=rss&utm_campaign=rss