IMF first deputy managing director Dan Katz says users may favor digital dollars for their liquidity, network effects and cross-border acceptance.
US court backs Bybit’s bid to trace funds from $1.5B North Korea hack
Expedited discovery allows the exchange to seek account identities, balances and transaction histories from platforms with US operations.
Donald Trump’s media company to terminate Crypto.com deal
The president’s company will unwind an agreement with Crypto.com to create a multibillion-dollar CRO treasury and reportedly not integrate prediction markets onto Truth Social.
US Treasury’s OFAC sanctions 2 Iran-linked crypto exchanges
The US government sanctioned an individual and two crypto exchanges it said facilitated money laundering for a combined $5 million in digital assets linked to Iran.
Circle expands USDC to OKX ecosystem with X Layer launch
The rollout gives X Layer users access to Circle-issued USDC and crosschain transfers as the stablecoin expands across major blockchain ecosystems.
Reform UK chair calls for probe into SBF-linked donation: Report
As the chairman of the Reform UK calls for an investigation into a FTX-linked political donation, the party’s leader prepares to face voters amid his own crypto-related scandal.
Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets
Bitcoin hit month-to-date highs above $65,000 as risk-assets gained on low US nonfarm payrolls data.
Crypto Biz: Crypto’s biggest business is starting to look a lot like banking
Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers.
Fierce backlash to Ethereum’s EIP-8363 staking proposal
Ethereum’s proposed EIP-8363 staking overhaul aims to reduce issuance, but critics say it could hurt DeFi, decentralization and institutional adoption.
Bitcoiners turn to dice throws as self-custody setups are re-evaluated
Dice entropy may become the new gold standard after the Coldcard hack