US Treasury Proposes Rules Under GENIUS Act for Stablecoin Issuers
The Treasury Department opened a 60-day public comment period on core definitions and licensing rules under the GENIUS Act, the stablecoin law set to take effect January 2027.
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Binance Shared User Data With Russian Authorities, Leading to Ukrainian Donor’s Arrest
Reuters reports Binance handed Russian investigators transaction records and identity documents used to prosecute a Ukrainian donor on terrorism-financing charges, despite exiting the Russian market in 2023.
Chainalysis Sues US Over $95M ICE Contract Awarded to TRM Labs
Chainalysis is challenging the federal government over ICE's decision to hand TRM Labs a sole-source blockchain-surveillance contract — a sealed complaint, a quiet docket, and a $95 million question about who gets to watch the chain.
Why the World’s Second-Largest Bitcoin Mining Power Is Shutting Down Rigs in Its Capital City
The Energy Ministry of the world's #2 bitcoin mining nation ordered rigs in its capital to power down year-round, citing grid strain.
Washington judge orders Kalshi to halt broad range of prediction-market contracts
A King County Superior Court judge ordered Kalshi to stop offering sports, election, and entertainment contracts to Washington residents, with hard geofencing deadlines in August and September.
Cboe Seeks SEC Approval for First US 3x Bitcoin and Ether ETFs
Cboe BZX has filed the first US bid for triple-leveraged bitcoin and ether ETFs, a six-fund Volatility Shares suite that would double the existing 2x leverage ceiling on American crypto exchange-traded products.
OCC grants conditional trust bank charter to Trump-backed World Liberty
A breach at France's tax authority exposed personal and financial data on roughly 678,000 people, security researchers say, as the country logs a record pace of violent crypto robberies.
Baltimore Sues Kalshi and Polymarket Over Illegal Sports Betting, Names Coinbase, Robinhood and Webull
Baltimore's lawsuit against Kalshi and Polymarket, with Coinbase, Robinhood and Webull named as partners, opens a new city-level front in the fight over whether sports-linked prediction markets are illegal gambling.
SEC Clears Franklin Templeton Funds to Use Onchain BENJI System for Cash Management
The SEC's Division of Investment Management told Franklin Templeton it would not recommend enforcement against its traditional funds for holding shares of the BENJI tokenized money-market fund.
Solana Routing Bug Pushed Network 86% Toward Losing Finality
A misconfigured default route at hosting provider Teraswitch took nearly 29% of staked SOL offline, coming within 20 million tokens of the threshold that would have halted finality.