U.S. Stablecoin Rules Face Pressure Before January 18

The U.S. Treasury Department has proposed new stablecoin rules as it works to implement the GENIUS Act before the law’s next major deadline. The proposal sets out federal definitions for what it means to issue U.S. stablecoins and which parties…

SafePal breach exposes wallet buyers to privacy risks

The SafePal breach has renewed concerns around the privacy risks tied to buying hardware and self-custody wallets. SafePal said attackers gained unauthorized access to customer information through a flaw in an order-tracking plug-in, affecting about 39,798 people who placed orders…

Binance User Data Aided Russian Donor Prosecution Case

A Reuters report said Binance user data was provided to Russian authorities and later used in a criminal case against Russian IT specialist Yuri Belenkiy. According to the report, the exchange linked him to transfers worth more than $700 and…

Austria Issues Bitpanda Fine Under MiCA Rules in First Case

Austria’s Financial Market Authority has imposed a €70,000 ($81,150) penalty on Bitpanda GmbH in what the regulator described as its first penalty under the European Union’s Markets in Crypto-Assets framework. The Bitpanda fine relates to how a cryptocurrency white paper…

Hegotá upgrade narrows 66 Ethereum proposals for 2027

Ethereum developers are narrowing 66 proposals as they define the scope of the Hegotá upgrade, the next major planned change to the network. The Hegotá upgrade is intended to support more native privacy for Ethereum applications, and several of the…

MiCA Scams Rise as EU Crypto Rules Take Full Effect

MiCA scams are drawing closer scrutiny across the European Union after the Markets in Crypto-Assets framework took full effect on July 1. The change forced more than 1,700 unlicensed crypto platforms to stop serving EU customers and point them toward…

Leumi crypto trading could launch in Israel in early 2027

Bank Leumi and Galaxy Digital said on August 14 that they aim to launch a digital asset service in early 2027 that they describe as Israel’s first bank-offered crypto trading platform. The Leumi crypto trading plan would give about 2.5…

Will CLARITY Act talks shift after Trump White House?

The CLARITY Act remains central to Washington’s unfinished effort to create a federal framework for digital assets as President Donald Trump is reportedly set to attend a White House meeting on August 19. The gathering is expected to include executives…

How will the Moscow mining ban reshape Russia through 2032?

Russia has imposed a new Moscow mining ban covering the capital, the surrounding Moscow Region, and parts of Kursk, with restrictions set to remain in place through Dec. 31, 2032. The measure was established under government decree No. 936, signed…

World Liberty moves ahead after conditional OCC approval

World Liberty moved a step closer to becoming a federally chartered trust bank after the Office of the Comptroller of the Currency granted conditional approval to World Liberty Trust Co. The regulator said the company may conduct fiduciary and other…