Author: Cointelegraph by Christina Comben

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OP_NET Launches “SlowFi” DeFi Stack Directly on Bitcoin L1

OP_NET said it is launching a “SlowFi” decentralized finance (DeFi) stack on Bitcoin that uses standard Bitcoin transactions and native BTC fees rather than bridges, wrapped assets or a separate gas token. According to a Thursday release shared with Cointelegraph, the project is part of a broader push to bring trading and yield-style activity directly…
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Australian Senate Committee Backs Digital Assets Framework Bill

Australia’s Senate Economics Legislation Committee has backed a bill that would require crypto exchanges and tokenization platforms to comply with the country’s existing financial services regime, recommending that the Corporations Amendment (Digital Assets Framework) Bill 2025 be passed.  The move on March 16 brings Australia a step closer to a bespoke licensing framework for “digital…
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Dubai Regulator Warns KuCoin Over Unlicensed Crypto Services

Dubai’s digital asset regulator has instructed entities behind crypto exchange KuCoin to halt unlicensed virtual asset activities in the emirate, warning investors that the platform is not authorized to serve Dubai residents. ​In a Thursday investor and marketplace alert, the Virtual Assets Regulatory Authority (VARA) said that Phoenixfin Pte Ltd, MEK Global Limited, Peken Global…
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Reform UK Gets Fresh $4M Boost from Tether‑Linked Crypto Investor

Nigel Farage’s Reform UK secured a second boost, this one worth 3 million British pounds ($4 million), in November 2025 from Thailand-based crypto investor Christopher Harborne, the Financial Times reported on Thursday. The aviation entrepreneur and early crypto backer, who is one of Reform’s biggest individual funders, donated $12 million to the party in August…
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UK Lords Press Coinbase on Stablecoins, KYC and Bank‑Run Risks

The United Kingdom House of Lords grilled Coinbase’s top international policy executive on Wednesday over whether stablecoins would drain bank deposits and add new risks to the UK financial system, pressing him on everything from Silicon Valley Bank‑style runs to illicit finance and Know Your Customer (KYC) rules.  During the Lords’ stablecoins inquiry, Tom Duff…
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Judge Blocks Binance Bid to Force US Crypto Claims into Arbitration

A United States federal judge ruled that Binance cannot force a group of US customers to arbitrate claims over losses on crypto tokens they bought on its global platform before Feb. 20, 2019, keeping a major class action in open court. The decision on Thursday by District Judge Andrew Carter Jr. in the Southern District…
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MARA Posts $1.7B Q4 Loss as Bitcoin Slump Hits Earnings

MARA Holdings (MARA) reported a fourth quarter 2025 net loss of $1.71 billion, or $4.52 per diluted share, compared with net income of $528.3 million, or $1.24 per diluted share, in the same period a year earlier.  Its shareholder letter filed with the US Securities and Exchange Commission (SEC) said revenue in Q4 fell 6%…
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American Bitcoin’s Trump‑Backed Mining Bet Nets $59M Q4 Loss

American Bitcoin Corp. (ABTC) reported a fourth quarter 2025 net loss of $59.5 million, even though its revenue climbed to $78.3 million, up 22% from the third quarter, according to its latest earnings release and 8‑K filing with the United States Securities and Exchange Commission (SEC).  The Trump family‑backed Bitcoin (BTC) miner posted a Q4…
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OCC Stablecoin Proposal Targets Yield, Sets Stage for CLARITY Act

The US Office of the Comptroller of the Currency (OCC) has dropped a 376‑page proposal to implement the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act that looks to settle the ongoing stablecoin yield fight. The proposal is open to public comment for 60 days from Wednesday’s publication date, and sets out detailed…
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FCA Selects 4 Firms to Test Stablecoin Innovation in UK Sandbox

The United Kingdom’s Financial Conduct Authority (FCA) has selected four companies to join a dedicated stablecoin cohort within its long‑running Regulatory Sandbox. In a Wednesday press release, the FCA said it chose Monee Financial Technologies, ReStabilise, Revolut and VVTX from a pool of 20 applicants to test how their stablecoin services perform under the UK’s…
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