Avatar photo

admin

Stablecoin Deal Revives Crypto Bill Amid Ethics Row

Stablecoin Deal Revives Crypto Bill Amid Ethics Row 3

Following a significant compromise on stablecoin provisions, the path for comprehensive cryptocurrency legislation in the U.S. Senate appears to be clearing, though substantial ethical considerations and other regulatory hurdles remain. A potential markup hearing in the Senate Banking Committee is…

Payward Seeks OCC Trust Charter Amidst Crypto Race

Payward Seeks OCC Trust Charter Amidst Crypto Race 20

Payward, the parent entity of the cryptocurrency exchange Kraken, has submitted an application for a national trust company charter to the Office of the Comptroller of the Currency (OCC). This move by Payward signifies a strategic pivot towards seeking institutional-grade…

Coinbase Resumes Trading After AWS Outage

Coinbase Resumes Trading After AWS Outage 27

Coinbase has successfully reinstated full trading functionality across its platform following a significant disruption that led to the temporary suspension of order matching and the transition of markets into “Cancel Only” and auction modes. The incident, which impacted various trading…

SEC Eyes Onchain Market Structure Rulemaking

SEC Eyes Onchain Market Structure Rulemaking 29

Securities and Exchange Commission Chair Paul Atkins has indicated a shift in regulatory thinking regarding the application of existing frameworks to onchain market structures and associated software. Atkins stated that the agency must clarify how its traditional definitions of financial…